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Ryan Specialty · 1 day ago

Actuary/Senior Actuarial Analyst

United States

Full-time

Remote

Mid, Senior Level

$128K/yr - $160K/yr

4+ years exp

Ryan Specialty is a dynamic company offering a pivotal role in advancing rating processes and portfolio management within a collaborative underwriting and actuarial environment. The role focuses on supporting pricing for various lines of business, conducting technical analyses, and contributing to portfolio management for sustainable business growth.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Gain hands-on experience with raters by supporting, updating, expanding their functionality, and enhancing overall efficiency

Collaborate closely with underwriters to ensure seamless production and accurate capture of rater data for actuarial monitoring and analysis

Conduct research and ad hoc projects to review and update rate plans, identifying strengths, weaknesses, and opportunities, and proposing rating innovations to enhance underwriting intelligence and profitability. Methodologies may include segmentation analysis, predictive analytics, statistical learning techniques, qualitative research, benchmarking, and more

Support portfolio management and reporting initiatives, including monitoring rate changes, assessing adequacy, and performing due diligence analyses to ensure positive portfolio performance and sustainable growth

Partner with senior underwriting leaders and teams to develop business acumen, deepen knowledge of various lines of business, and conduct ad hoc deep-dive analyses as needed to uncover key profit and loss drivers within an insurance portfolio

Provide guidance and mentorship to junior team members as needed. This is primarily an individual contributor role, with the potential for direct management of junior analysts if the candidate demonstrates the necessary willingness and aptitude for leadership

Qualification

Actuarial ScienceProperty & Casualty InsuranceACAS/FCAS DesignationPredictive ModelingSQLR/PythonMicrosoft OfficeIntegrity-drivenProcess-orientedTech-savvyDiversity AppreciationCollaboration SkillsEffective CommunicationCustomer-focused Mindset

Required

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field with a minimum of 4 years of related experience; or an advanced degree with a minimum of 2 years of experience; or equivalent work experience

Demonstrated strong understanding of the Property & Casualty insurance business

An Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) designation is required. Candidates with at least 5 completed CAS exams or ACAS candidates with less experience may be considered for a Senior Actuarial Analyst role. Individuals who have not yet attained the FCAS designation must be actively pursuing it

Strong technology skills including in Microsoft Office (Excel, Power BI) and programming/data manipulation/statistical analysis (SQL, R/Python, Multirate)

Ability to receive and grow from constructive feedback

Ability to rebound from setbacks and navigate challenges with resilience

Willingness to address difficult issues directly and communicate with courage

Strong collaboration skills, building effective partnerships to achieve shared goals

Effective communicator, tailoring messages to diverse audiences for clarity and impact

Customer-focused mindset, dedicated to building strong relationships and delivering solutions

Integrity-driven, earning trust through honesty, authenticity, and reliability

Process-oriented, continuously seeking efficiencies and improvements in workflow

Tech-savvy, staying ahead of digital and technological advancements in business

Appreciation for diverse perspectives, fostering an inclusive and culturally aware environment

Preferred

Experience with Pricing in Commercial lines, specifically in Excess & Specialty

Experience with Commercial GL, Cyber lines

Experience in modeling and/or quantitative research in any discipline, with demonstrated projects in machine learning and predictive modeling/econometrics

Benefits

Paid time off for company holidays

Vacation

Sick and personal days

Paid parental leave

Mental health services

Company

Ryan Specialty

Glassdoor3.7

Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers.

Founded in 2010

Chicago, Illinois, USA

5001-10000 employees

https://ryanspecialty.com

H1B Sponsorship

Ryan Specialty has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (7)

2024 (5)

2023 (1)