Note: The job is a remote job and is open to candidates in USA. At-Bay is the world’s first InsurSec provider designed to help businesses tackle cyber risk. As a Senior Actuarial Analyst on the Pricing team, you will contribute to risk assessment and pricing strategy, working collaboratively across departments to enhance profitability and drive data-informed decisions.
Responsibilities
- You will manage the overall program profitability, improve pricing accuracy, and work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on the implementation of those products
- You’ll understand At-Bay’s internal data structure and develop key relationships across the business
- You’ll have reviewed the existing Cyber and Tech E&O product structures, related tools, and related data sources to track and analyze product performance
- You’ll have completed a quarterly rate indication and presented your recommendation to key stakeholders
- You’ll identify areas of improvement in our systems and processes
- You’ll have developed a proposal to modify the Cyber rate plan and have evaluated the proposal will have on the business
- You’ll have improved the depth and efficiency of the existing rate indication process via automation and/or innovation
- You’ll have analyzed customer acquisition and retention data to improve At-Bay’s ability to understand the economics of the business
- You’ll help coach team members and key to understand actuarial analytics, Cyber pricing and risk, and how it differs from traditional pricing and other lines of business
- You’ve evaluated the profitability of a portfolio of insureds using actuarial techniques and communicated the results to leadership
- You’ve worked cross-functionally with underwriting, product management, data science, claims or other analytical departments to solve complex business problems
- You’ve developed tools to automate existing processes and/or improve visibility into the performance of the products
- You’ve analyzed competitor rating plans and interpreted the results to improve your pricing and/or underwriting structures
Skills
- You've evaluated the profitability of a portfolio of insureds using actuarial techniques and communicated the results to leadership
- You've worked cross-functionally with underwriting, product management, data science, claims or other analytical departments to solve complex business problems
- You've developed tools to automate existing processes and/or improve visibility into the performance of the products
- You've analyzed competitor rating plans and interpreted the results to improve your pricing and/or underwriting structures
- You've passed 4+ exams in pursuit of your ACAS, FCAS, or other equivalent designation
- You've achieved proficiency with Excel and SQL, and have experience with Python and/or R
Company Overview
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