Position Summary: The Actuarial Analyst/Trainee is responsible for assisting in various pricing activities at Hudson which include price monitoring, profitability reports, developing aggregate loss models, and other varied pricing exercises. In order to be successful, the candidate must be able to work as a team member not only within the actuarial department, but also develop relationships with other departments. The candidate must demonstrate a working knowledge of Microsoft Office tools including Word, Excel, PowerPoint and Outlook. In addition, the candidate must be detailed-oriented, able to prioritize, and to timely complete all tasks and comply with department policies and procedures.
Essential Duties:
- Develops pricing indications using Hudson Insurance methodologies so as to attain an underwriting profit. Prices alternative structures as needed.
- Provides price-monitoring information on bound accounts.
- Clearly communicates pricing indications to underwriters/senior management.
- Provides miscellaneous pricing.
- Keeps supervisor informed of activities and situations which will impact the achievement of corporate and department goals and objectives.
- Performs other related duties as required to achieve the goals and objectives of the company and department.
Skills, Knowledge and Abilities:
- Great written and oral communication skills.
- Working knowledge of Microsoft Office tools including Word, Excel, PowerPoint and Outlook.
- Experience with R and/or SQL is a plus.
- Strong interpersonal skills.
- Must be detailed-oriented.
- Time management and decision making ability.
- Ability to maintain confidentiality of company-sensitive data.
Education/Experience:
- Bachelor's degree.
- At least 2 exams passed with the intention of attaining CAS Fellowship.
- Between 0-2 years of experience in a property and casualty actuarial role.
In New York City, NY the pay range for this role is $65,000 - 85,000. This role may also be eligible to participate in a discretionary annual incentive program. The specific offer will depend on an applicant's skills and other factors. This range is specific to New York City, NY and may not be applicable to other locations.
#Hudson
Working at
OdysseyRe
Odyssey Group Holdings, Inc. is a leading global insurance and reinsurance company known for its expertise in specialty lines and unique risk solutions. With a strong presence in the insurance market, Odyssey Group Holdings offers innovative insurance products and risk management services to clients worldwide. As an actuary at Odyssey Group Holdings, you'll be part of a talented team that plays a critical role in assessing and managing risks. Actuaries at Odyssey utilize advanced statistical models and data analysis techniques to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's insurance offerings. Collaborating with cross-functional teams, actuaries at Odyssey Group Holdings contribute valuable insights that inform strategic decision-making. Actuaries analyze complex data sets, assess risks, and provide recommendations to help clients navigate unique and challenging risks. Odyssey Group Holdings values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries have the opportunity to enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the company. Join Odyssey Group Holdings' esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, tackle unique risks, and enjoy competitive benefits in a dynamic and innovative work environment.