Job description
NovaActuarial Partners is seeking a talented Actuarial Analyst to join our New York City team. This is a full-time opportunity for professionals looking to advance pricing, risk modeling, and valuation initiatives for leading insurers and reinsurers.
As a key member of our actuarial practice, you will transform data into actionable insights, build and validate models, and collaborate with pricing, finance, and product teams. You will also contribute to ongoing process improvements and knowledge sharing across the function.
We offer a collaborative environment, competitive compensation, comprehensive benefits, and a clear path for professional growth through actuarial exams and continuing education.
Responsibility
- Develop and maintain pricing and forecasting models for multiple product lines using robust actuarial methods.
- Analyze claims, policy data, and external indicators to assess risk and profitability.
- Collaborate with underwriting, product, and finance teams to shape pricing strategies and reserves.
- Validate model inputs, perform sensitivity analyses, and document methodologies to actuarial standards.
- Prepare reports for senior leadership and present findings to both technical and non-technical stakeholders.
- Support regulatory compliance through accurate documentation and traceability of key assumptions.
- Mentor junior analysts and contribute to knowledge sharing within the team.
Qualification
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field; actuarial track with exams in progress (ASA/FCAS or equivalent).
- 3-5 years of actuarial experience in pricing, reserving, or risk analytics.
- Proficiency in Python and/or R, SQL, and advanced Excel; ability to build and validate complex models.
- Strong knowledge of pricing methodologies, loss reserving, and exposure modeling.
- Experience with actuarial software and data visualization tools; familiarity with Prophet or similar is a plus.
- Excellent communication, collaboration, and presentation skills for diverse audiences.
- Demonstrated ability to translate business needs into analytical solutions with meticulous attention to detail.
- Commitment to continuing education and professional exams.