AmTrust Financial Services, Inc.

Actuarial Analyst Senior

Job Locations US-OH-Cleveland | US-TX-Dallas | US-CT-Southington | US-NY-New York
Requisition ID
Position Type
Regular Full-Time


AmTrust is one of the leading writers of Workers’ Compensation business in the United States. We write a varied portfolio of over $2.7 billion in premium. The Actuary in this role will participate in pricing efforts for AmTrust’s Workers’ Compensation book. (S)he will collaborate with underwriters and other actuaries to develop rate indications and pricing strategies for our countrywide book. The person in this position will participate in our efforts in improving our methods and tools in evaluating, monitoring, and better understanding our Workers’ Compensation book.  


  • Perform the calculation of rate indications for each state at least annually. Perform more detailed profitability analysis to recommend strategic options. Present results to Pricing Committee, as needed.
  • Produce exhibits for Pricing Committee to discuss.
  • Prepare exhibits to monitor results of Pricing Committee decisions.
  • Perform large account pricing analyses. Discuss results and appropriate course of action.
  • Perform special profitability studies of segments of the portfolio.
  • Collaborate with Predictive Modeling/Data Science team to implement, update, monitor, and improve all predictive tools, including adding new tools.
  • Perform large deductible and assumed excess reinsurance account pricing.
  • Perform Workers’ Compensation reinsurance commutation analyses.
  • Perform research studies into various aspects of our Workers’ Comp book to further our understanding of the drivers.
  • Analyze bureau loss cost changes in order to form opinions on resulting actions we should take and inform Pricing Committee.
  • Participate in annual Workers’ Compensation loss ratio budgeting exercise.
  • Participate in annual strategic planning exercises, including defining preferred business segments and segments to de-emphasize.
  • Work with Ceded Reinsurance team on all AmTrust ceded re submissions, as needed.
  • Build or adapt needed tools to perform the tasks necessary for the role, under direction on Pricing Manager or Senior Actuary.
  • Special projects, as assigned.


  • BS, BA in mathematics, actuarial science or a related field. Higher degree is preferred.
  • Working seriously towards FCAS. 
  • 2+ years of Actuarial experience in a commercial property-casualty insurance company.
  • Experience in pricing of primary and/or reinsurance business is preferred.
  • Workers’ Compensation experience is greatly preferred.
  • Strong analytical and communication skills are a requirement. Experience communicating with underwriters greatly preferred.
  • Extensive knowledge of MS Office, particularly Excel. Knowledge of SQL preferred. Knowledge of NDX, DAX a plus.
  • Excellent written communication skills, including correct use of grammar, spelling and punctuation. English required.
  • General knowledge of stochastic modeling methods and predictive modeling methods a plus.



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