Business Analyst - Actuarial Pricing - Core Specialty Insurance Services, Inc.
chicago, IL 60606
About the Job
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The role entails analyzing risks within the different lines of business underwritten by the Company. While the role reports to an actuary within the actuarial pricing department, the role does not require pursuit of an actuarial designation. This position will be onsite in our Chicago, IL office with a hybrid schedule.
Key Accountabilities:
Assist in ceded reinsurance purchasing and analysis of the reinsurance pricing and structures.
Perform under supervision simulation analyses to assess volatility of different insurance products.
Support efforts in analysing capital needs of new and existing businesses.
Aid in the development and delivery of analysis findings to senior leadership and business partners such that key drivers of results are understood, and appropriate business decisions are made based on those findings.
Help ensure that any processes undergo proper documentation.
Help identify macroeconomic trends as needed, and develop, monitor, and report out on any metrics. Wherever possible, utilize data visualization techniques to help communicate trends and insights more effectively.
In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
Experience:
Bachelor’s degree in math, statistics, business, finance, risk management, or related field (an equivalent combination of education and prior work experience may be substituted at management’s discretion).
Strong analytical and technical background with attention to detail.
Proficiency and/or ability to learn various software and programming languages (e.g. Excel, PowerBI, @Risk, Alteryx, VBA, etc).
Ability to work independently and as part of a team.
Ability to work and communicate with individuals in a variety of functions (e.g. Finance, Claims, Underwriting, Actuarial, Operations).
Strong communication and organizational skills.
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program