Actuary - Surplus & Specialty

March 21

🏖️ New Jersey – Remote

Although this job is listed in New Jersey, this company may be open to hiring remote in other states.

💵 $91k - $171.1k / year

⏰ Full Time

🟠 Senior

🔴 Lead

📊 Actuary

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Crum & Forster

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Crum & Forster (C&F) is a leading national property & casualty insurance company with a large, diversified specialty platform. We protect businesses and organizations from the unpredictable nature of risk, giving them the confidence to take on new challenges and flourish in today’s increasingly complex and uncertain world. C&F is client-focused, creative, and flexible in delivering customized products and services.

1001 - 5000 employees

📋 Description

• The Surplus & Specialty Division is seeking a dynamic and innovative actuary to join the team. • This role will focus on pricing-related activities for Surplus & Specialty lines of business, supporting the Binding Authority business unit within the division. • Reporting to the VP, Head of S&S Pricing, this position offers the opportunity to work in an entrepreneurial environment with the benefits of a smaller organization, • but the security, stability, and opportunity of a large conglomerate. • Perform profitability studies and provide business insight for the supported business units, including Binding Authority and other Surplus & Specialty lines. • Develop, maintain, and enhance predictive rating models and pricing tools tailored to the unique needs of the Surplus & Specialty market. • Provide actuarial large account pricing support to underwriters and business units to ensure competitive and profitable pricing. • Analyze the book results to identify performance outliers, monitor portfolio health, and uncover growth opportunities. • Collaborate with underwriting and leadership teams to develop and execute pricing and underwriting strategies for profitable growth. • Participate in the development of new products, provide due diligence on new business opportunities, and support regulatory initiatives as needed.

🎯 Requirements

• BS in Mathematics, Actuarial Science, Finance, Economics, or a related major. • 7+ years of Commercial P&C Actuarial Pricing experience, with a focus on Surplus & Specialty lines preferred. • Experience in commercial lines such as GL, Property, and Excess is highly preferred. • ACAS or FCAS preferred. • Proficiency in MS Office products as well as SQL. • Knowledge of R and experience with predictive modeling techniques is strongly preferred. • Strong interpersonal and communication skills, both verbal and in writing. • The ability to clearly explain actuarial results and drivers to business partners. • Ability to work efficiently both independently and in a group setting. • Ability to manage time effectively, prioritize tasks, and consistently meet deadlines. • Positive “do what it takes” attitude.

🏖️ Benefits

• Competitive compensation package • Generous 401K employer match • Employee Stock Purchase plan with employer matching • Generous Paid Time Off • Excellent benefits that go beyond health, dental & vision. • Our programs are focused on your whole family’s wellness, including your physical, mental and financial well being • A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path • A dynamic, ambitious, fun and exciting work environment • We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community • At C&F you will BELONG • We value inclusivity and diversity.