Director, Actuary
- Amynta Group
- NY - 909 3rd Ave, New York
Job Description
We’re thrilled that you are interested in joining us here at the Amynta Group!
The Amynta Group is seeking an experienced actuary to join the Advanced Analytics and Actuarial function to enhance and lead the pricing analyses and advanced analytics of our insurance and warranty businesses. The advanced analytics and actuarial group is a dynamic team that is building insurance pricing models, reserving models, underwriting performance management tools and predictive models. In addition, this team works closely with account managers and business leaders to support merger and acquisition due diligence, new business development, insurance carrier relationships and account renewals. The ideal candidates will be quick on their feet, detail-oriented, excited to take on ad hoc projects, able to quickly pivot from one project to another and will adhere to actuarial standards of practice.ESSENTIAL JOB DUTIES AND RESPONSIBILITIES
- Analyze warranty and MGA program profitability and present results to business leaders
- Lead pricing studies for new and renewal customers and programs
- Support internal financial statement development around loss sensitive elements of the business
- Work with the Acquisitions team to perform actuarial due diligence of potential acquisition targets
- Work closely with the Enterprise Data team to build and enhance Amynta’s data analytics capabilities
- Develop predictive models to enhance and improve client and program pricing
- Set up and maintain best practices within the advanced analytics and actuarial group as well as with technology team partners
- Streamline processes and encourage efficiency so that the team can focus its energy on projects that add value to the Amynta organization
- Train, mentor and review analyses completed by colleagues
KEY REQUIREMENTS
- 5-10 years of P&C actuarial experience in reserving, pricing and/or predictive modeling
- ACAS Required up to FCAS
- Demonstrates exceptional attention to detail
- Ability to handle multiple tasks under tight deadlines
- The ability to self-start, work independently and drive projects forward in a fast-paced environment
- Excellent communication (written and verbal), analytical and interpersonal skills
- Advanced Excel user
- Experienced SQL user able to independently query and manipulate large data sets to develop business-relevant observations and conclusions and to support decision-making
- Experience working with warranty products, workers compensation or other commercial lines of business preferred but not required
- Programming skills – R, Python, SAS or other predictive modeling platforms
- Experience independently building and interpreting results of Generalized Linear Models (GLMs) is preferred although not required
- Experience working with warranty products, workers compensation or other commercial lines of business preferred but not required
TRAVEL REQUIREMENTS
- 0%-10%
LOCATION
- Flexible with a preference for candidates in the Northeast
- Remote option available for candidates working in eastern or central time zone
Note: We do not accept any unsolicited resumes from external recruiting firms.
The base salary range is $130K to $185K. Total compensation (base salary & any applicable bonus plan) for this role will depend on several factors including geographical location, relevant experience, credentials, skills and knowledge pertaining to this role and industry.
BENEFITS: In addition to our base compensation package, we also offer:
- 18 days of paid time off per year
- 11 paid holidays
- Health, dental and vision insurance plan,
- Short-term disability insurance
- Long-term disability insurance
- Basic term life and accidental death and dismemberment insurance
- A 401(k) plan which includes an employer match
- Voluntary Life Insurance is also available
- Bonus
The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.
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About Us
Amynta Group is a premier insurance services company with more than $3.5 billion in managed premium and 2,000 associates across North America, Europe, and Australia. An independent, customer-centered and underwriting-focused company, Amynta serves leading carriers, wholesalers, retail agencies, auto dealers, OEMs, and consumer product retailers with innovative insurance and warranty protection solutions. Amynta operates through three segments: Managing General Agencies; Warranty, including automotive, consumer and specialty equipment; and Specialty Risk Services. For more information, visit amyntagroup.com.
Benefits
This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and
application developers to more easily access and analyze data.
