Pricing Actuary

New York City, New York
Not Specified
Oct 11, 2016
Dec 10, 2016
Job Type
Not Specified
Career Level
Not Specified

Title_Pricing Actuary_

About the OrganizationAmTrust Financial Services, Inc., (Nasdaq: AFSI) headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage.


LocationNY, New York

DescriptionThe Unique Risk Underwriting (URU) Division is a team of senior insurance professionals (with capital markets, actuarial, accounting and insurance backgrounds) based in New York, Bermuda, London, Dublin and Luxembourg, focused on structuring re/insurance solutions for clients. Operations are predominately in the property and casualty field. URU's operations include strategic acquisitions, captive solutions, life settlements and structured re/insurance transactions. Business is conducted on a direct and reinsurance basis through brokered and direct channels, and is worldwide in scope. The culture of URU is entrepreneurial, opportunistic and deal orientated.

Functions· Work in a team environment with underwriting, accounting, legal and regulatory professionals.
  • Routinely meet with clients to assess their needs, resources and potential solutions.
  • Independently research marketplace standards and trends to accurately access the loss potential of individual transactions.
  • Conduct a full range of actuarial and financial analysis to quantify the risk exposures presented by clients. · Build detailed stochastic models of risks and contractual terms related to individual transactions. · Propose recommended pricing for transactions consistent with the profitability standards of the group.
  • Document and present actuarial analysis to the underwriting committee.
  • Provide professional peer review to other team members.
  • Support accounting and financial reporting functions with respect to completed transactions.

    Qualifications include+ Extensive actuarial background with experience in most lines of insurance. · Demonstrated experience with quantitative risk analysis and simulation modeling.
  • Strong communication skills with the ability to convey technical concepts to management and other functional areas.
  • Three to five years of actuarial experience.
  • Thorough understanding of contract language
  • 3 or more actuarial exams
  • Ability to manage concurrent projects
  • International experience is a plus
  • Deal-making, creative and flexible mentality preferred
  • Proficiency in French required #LI-POST

    Open Date8/8/2016

    Position Requirements


    Req NumberUND-16-00106


    Number of Openings1

    Employee Referral Eligible

    Employee Referral PayoutThis position is currently accepting applications.