Actuarial Analyst / Actuary

Employee Type:  Full-Time

Chicago, IL, US, 60601

Job Type:  Administrative
Secondary Location: 
Years of Experience: 

RSGUM, a division of Ryan Specialty Group is looking for an Actuarial Analyst, or Actuary to join Chicago IL office. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. 

Position Summary:

This role would be involved in all aspects of actuarial support for the Ryan Specialty Group. It is expected that this role will provide support to others within the actuarial team, providing services to a number of the RSG Managing General Underwriters and RT Specialty Brokerage operations s as required.

Essential Functions:
  • Scheduled and ad hoc analyses of underwriting performance and profitability
  • Strategic analysis (including predictive modeling), identifying strengths/weaknesses and opportunities, leading to process / rating improvements and underwriting intelligence
  • Product development – industry, peer, and market analyses to support new initiatives
  • Maintenance of existing rating tools, development of new models, and assisting with integration of same into the RSG underwriting platform.
  • Regular communication with the underwriting staff, RSG management, and other internal functions such as IT and Finance.
  • Regular communication with insurance partners and their actuarial staffs.
  • 3+ years of experience.
  • BS in Actuarial Science, or a related degree.
  • 3+ Casualty Actuarial Society Exams completed.
  • 2+ years of Commercial Lines/Specialty Insurance business experience.
  • Excellent technical aptitude.
  • Strong attention to detail.
  • Experience with ratemaking, cat modeling, and predictive modeling a plus.
  • Excellent knowledge of Excel, programming, and data manipulation.
  • Experience with Access, SQL, Tableau, Other, etc.
  • Strong understanding of the insurance business.
  • Ability to ask questions and creatively explore.
  • Willingness to get involved at all levels and aspects of the process as necessary.
  • Basic understanding of the insurance business.
  • Outstanding interpersonal skills.
Ryan Specialty Group is an Equal Opportunity Employer

Nearest Major Market: Chicago