What are the responsibilities and job description for the Senior Actuarial Analyst position at Ascot Group?
Job Description
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Job Summary
We are seeking a data-focused, detail-oriented actuarial student to join our Casualty Pricing team. In this role, you will gain experience in actuarial pricing for both admitted and non-admitted casualty products. You also will have the opportunity to collaborate with various insurance functions and contribute to the company’s growth. This position is supported by the company’s Actuarial Study Program.
Responsibilities
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Job Summary
We are seeking a data-focused, detail-oriented actuarial student to join our Casualty Pricing team. In this role, you will gain experience in actuarial pricing for both admitted and non-admitted casualty products. You also will have the opportunity to collaborate with various insurance functions and contribute to the company’s growth. This position is supported by the company’s Actuarial Study Program.
Responsibilities
- Assist in creating and running actuarial reports and supporting and/or driving multiple actuarial analyses. Specific activities include updating rate adequacy monitoring reports, conducting portfolio mix analyses, and supporting and/or driving line of business profitability studies
- Create and/or update analytical templates based on commonly accepted actuarial techniques
- Research insurance trends and rates for competitive analysis
- Assist in rate filings to support our admitted products
- Collaborate with other functional areas across Ascot US to improve data quality and consistency
- Build relationships with your underwriting business partners and develop analytical tools where needed to support underwriters in making better business decisions
- At least 4 actuarial exams and desire to pursue ACAS/FCAS designation
- Minimum of 4 years of actuarial experience, with at least 2 years of relevant actuarial pricing and casualty lines experience.
- Experience coding in SQL, VBA, or R/Python
- This position may be filled at a different level, depending on experience***
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.
- The annualized base pay range for this role is: In New York Metro is: $95,000 - $120,000.
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
