Actuarial Product Analyst

Posted 12 Days Ago
2 Locations
80K-91K Annually
Mid level
Insurance
The Role
As an Actuarial Product Analyst, you will provide actuarial support for Businessowners rate filings, collaborate with product management on pricing strategies, and analyze profitability reviews.
Summary Generated by Built In

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Responsibilities

  • Provide actuarial support of Businessowners rate filings, including preparing analyses, evaluating loss cost changes, providing pricing recommendations, and responding to insurance department objections
  • Collaborate with product management and underwriting to develop pricing and strategies and identify pockets of profitable growth opportunities
  • Monitor rate, exposure, retention, new and lost business opportunities
  • Create and produce Businessowners profitability reviews by state and coverage.

Job Requirements

  • Bachelor’s degree, preferably in actuarial science, mathematics, statistics, or related field
  • Minimum of 3 years of P & C insurance experience
  • Businessowners experience required
  • Some Commercial Property experience preferred.
  • Rate Filings experience required
  • Strong analytical and communication skills
  • 2 -3 Actuarial exams preferred
  • Excellent MS Excel, SQL, or other statistical programming skills
  • Workable knowledge of SERFF

For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $80,000-$91,000

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Top Skills

Excel
Serff
SQL
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The Company
HQ: New York, New York
2,935 Employees
On-site Workplace
Year Founded: 1919

What We Do

Starr Insurance is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Starr has the global knowledge, vision and relationships to help your company succeed, anywhere you do business.

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