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Actuarial Associate, North America Actuarial Group at Allied World in New York, New York

Posted in Science 30+ days ago.

Type: Full-Time





Job Description:

Allied World has a position available in its Actuarial Department.  The Actuarial Associate will interact throughout Allied World U.S. and will work with other actuaries, underwriters, IT and claims personnel.  The Actuarial Associate will play an important role in the Professional Lines Division of the Actuarial Department and will perform various types of actuarial analyses, rating analyses, profitability reviews and special projects.  Assigned responsibilities will include:



    • Provide Actuarial support for product lines as assigned; develop and/or maintain rates, rating factors and rating models

    • Monitor profitability through actuarial analyses and price monitoring.

    • Work with others to develop rating specifications for strategic systems.

    • Prepare rate filings as needed.

    • Promote data completeness and quality, help to identify information needs, develop reports and provide actuarial analyses.

    • Evaluate new initiatives and business opportunities.

    • Participate in the planning process as needed.

    • Prepare information for reinsurance renewals.

    • Special projects as assigned.

    • Support a broad range of product pricing, reporting, planning and reinsurance support functions.

     

Requirements:


  • 1-2 Casualty Actuarial Society (CAS) actuarial exam passage required

  • Recent actuarial internship experience required.

  • Bachelor’s degree in actuarial science, mathematics, computer science or other technical major preferred.

  • Proficiency in Microsoft Excel, Access and Word required; familiarity with SAS preferred. 

  • Working knowledge of insurance data coding structures and concepts preferred.

  • Strong communication skills required.

 

 

About Fairfax

 

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

 

About Allied World

 

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world

 

 

Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance.  Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status.  Please visit www.awac.com for further information on Allied World.