Job description
Join Summit Actuarial Partners, a leading actuarial consulting and insurance firm, as an Actuarial Analyst in New York City. You will model pricing, reserves, and risk across diverse product lines, leveraging advanced analytics to drive business decisions. We offer a clear path to professional advancement, mentorship from seasoned actuaries, and exposure to high-impact projects.
Ideal candidates are curious, data-driven, and collaborative, ready to thrive in a fast-paced financial services environment.
Responsibility
- Develop and validate actuarial pricing and reserving models for multiple product lines using R, Python, and SQL.
- Conduct experience analyses, credibility assessments, and trend testing to inform pricing and product strategies.
- Collaborate with underwriting, finance, and product teams to translate data insights into actionable business recommendations.
- Prepare actuarial reports for senior management, including risk metrics, reserves, and capital implications.
- Assist with regulatory reporting, model governance, and documentation to ensure compliance.
- Support model development and validation, ensuring adherence to actuarial standards and internal controls.
- Lead or participate in special projects such as pricing innovations, product launches, or competitive benchmarking.
Qualification
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field; pursuing actuarial exams (CERA, CFR, CFA) preferred.
- 3-5 years of actuarial experience in pricing, reserving, or risk analytics in insurance or consulting.
- Strong proficiency in R, Python, and SQL; experience with SAS or Prophet is a plus.
- Solid understanding of reserving techniques, pricing methods, experience studies, and credibility theory.
- Excellent communication skills and ability to present complex analyses to non-technical stakeholders.
- Detail-oriented with strong problem-solving and project management abilities; able to manage multiple priorities.
- Experience with regulatory reporting and model governance is a plus.