Inizio Partners · 14 hours ago
Senior Actuarial Analyst
Columbus, Ohio, United States
Full-time
Onsite
Senior LevelInizio Partners is seeking an experienced Senior Actuarial Analyst to join their team, focusing on risk monitoring, profitability analysis, and key actuarial functions. The role involves conducting reviews of insurance product profitability, assessing portfolio risk, and collaborating with various teams to support underwriting and pricing decisions.
Staffing & Recruiting
Responsibilities
Data extraction and preparation for pricing studies and analysis
Provide Pricing guidance and consulting services to different data, infrastructure and IT team
Help Data team in developing data mart and recommending data elements to be included for use case enablement – Pricing, Rating , Filing etc
Present actionable insights, recommendations and finding to Actuaries and Data team (leadership)
Develop project plan, execute and help in delivery excellence
Conduct market and competitor research esp. filing material
Support filing activities including indications, base rate changes, rate monitoring, dislocations etc
Prepare filing exhibits or regulatory requirement exhibits
Develop internal QC processes to ensure filing accuracy and quality
Train and upskill team members in new rating and filing tools & techniques
Identify process enhancements opportunities and propose automation-based solutions
Apply actuarial pricing techniques of exposure and experience rating based on data quality and availability
Understand and incorporate product changes, rating factors and other inputs to develop new rates or revise existing rates
Coordinate with product owners to understand pricing requirements and timelines
Support actuarial data processing involving loss development, trend analysis and IBNR allocation
Support data extraction, analysis and transformation to produce final datasets for downstream analysis
Apply advanced statistical techniques like GLMs, XGBoost, Lasso etc. to build predictive models
Understand and incorporate external factors like inflation, CAT impact etc.to produce comprehensive rates
Partner with underwriting, finance, and data analytics teams to align on product goals and refine risk management strategies
Present findings to senior leadership, translating complex actuarial concepts into actionable insights
Qualification
Required
Bachelors degree in actuarial science, Mathematics, Statistics, or a related field
Extensive experience in P&C Actuarial Pricing – LC Modeling, Rate revisions, indications, Rate monitoring etc
Experience working with large data – Policy, claims, external data
Proven expertise in risk assessment, monitoring, and profitability review
Strong analytical and quantitative skills, with proficiency in actuarial modeling software (e.g., R, SAS, Python) and Excel
Working experience with insurance regulations, rate filings, and compliance requirements
Excellent communication and interpersonal skills, with the ability to explain complex concepts to non-technical stakeholders
Ability to work independently and collaboratively in a fast-paced, dynamic environment
Preferred
Completion of actuarial exams with ASA or FSA designation preferred
Company
Inizio Partners
Inizio Partners is a full-service recruitment agency specializing in executive search, permanent placements, and contingency staffing.
Founded in 2022
2-10 employees
Funding
Current Stage
Early StageLeadership Team
Chanchal Kokkuvayil
Founder & CEO
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