Actuarial Specialist

Position Summary

This role will provide actuarial pricing support for the Ryan Alternative Risk. This position is part of a team in an area of strategic importance within Ryan Alternative Risk and Ryan Specialty. This role will collaborate with actuaries, underwriters, and brokers across the organization. This role will be hybrid and the person will need to work out of the office 3 to 4 days per week. This individual can work out of the following offices : Chicago, IL; Media, PA; Nashville, TN; or Walnut Creek, CA.

What will your job entail?

Essential Functions :

• Pricing alternative risk transfer transactions, including structured and fronting solutions.
• Pricing support for our long- term care and Physicians / Hospital professional liability book
• Support rater-built efforts for existing and new launched programs.
• Ad hoc actuarial analyses of industry data to develop Benchmarks to supplement account level pricing data.
• Provide actuarial support for product and tool development in support of new and existing initiatives.
• Support portfolio management for Ryan Alternative Risk.
• Collaboration with other actuaries and groups within Ryan Specialty.
• Consistent and efficient communication with key stakeholders throughout Ryan Alternative Risk,
• Consistent and efficient communication with insurance partners and external actuarial teams
• Other relevant duties as assigned.

Education / Experience / Skills :

Actuarial skills - large account pricing, portfolio pricing, proficiency in all other aspects of pricing functions and experience with catastrophe modeling.

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 $140,000.00 - $175,000.00 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 HR@Ryansg.com

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.

Salary : $140,000 - $175,000