Senior Pricing Actuary

Position Summary

By innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe-prone communities. Our uncommon approach to business creates uncommon careers which allow for independence, innovation, and variety.
As our Senior Pricing Actuary, you will be be responsible for blending traditional actuarial methods with modern data science to maintain and enhance a suite of insurance products. This is a role for the progressive actuary who is excited to implement the latest techniques in statistics, analysis, and pricing theory in an evolving market.

What will your job entail?

Job Responsibilities:
• Improve the efficiency and flexibility of existing pricing models, including the proposition and defense of new models as needed.
• Take ownership over and develop expertise in a suite of insurance products including indication, analysis, and upstream reporting.

• Communicate results frequently with multiple stakeholders across multiple departments in multiple states spanning a wide range of expertise.
• Assist in the development and integration of multiple data management and reporting systems.
• Assist in the development and implementation of inter/intradepartmental tools utilizing SQL, Python, VBA, and other analytical languages.
• Organize and document all work to be analyst-agnostic.

Candidate Requirements:
• Bachelor’s or Master’s degree in actuarial science, mathematics, data science, or another applicable field

5+ years pricing experience or 3+ years of experience pricing non-admitted Property lines

• Fluency in SQL, VBA, and Python/R (Python preferred)
• Demonstrable experience with generalized linear models and other predictive methods

• ACAS or near-ACAS accreditation

• This position is open to remote candidates, with a strong preference given to applicants who are able to commute to an office location in Nashville or Chicago

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates 

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $104,000.00 - $130,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. 

 

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected] 

 

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.