Actuarial Pricing Analyst
Ryan SpecialtyAbout the role
Position Summary
By innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe-prone communities. Our uncommon approach to business creates uncommon careers which allow for independence, innovation, and variety. As our Pricing Actuarial Analyst, you will be at the intersection of traditional actuarial science and next-gen data science. You will fuel the company's competitive edge by leading actuarial support in pricing sophistication, predictive analytics, and data-driven decision-making. This role will challenge you to step outside your comfort zone and join a unique, collaborative team environment that allows you to learn from others and redefine the modern actuary.What will your job entail?
Responsibilities
- Building and maintaining advanced pricing models using machine learning techniques
- Building dashboards or tools for other teams utilizing Tableau
- Monitoring top-line and bottom-line performance for necessary adjustments
- Developing and presenting segmented rate indications
- Testing new or existing 3rd party data sources for predictive power and integrating new data sources into pricing models
- No interaction with rate filing
Requirements
- Proficiency in SQL and Python required
- Bachelor's degree in actuarial science, mathematics, or related field
- Experience with generalized linear models, unsupervised learning, and other ML techniques
- Ability to relocate / commute to Nashville, TN 37215
Nice-to-haves
- Experience with catastrophe pricing/modeling and Commercial Lines property experience
- Familiarity with Tableau or PowerBI
- Familiarity with R
- One to Three Preliminary Actuarial Exams
Benefits
Velocity is proud to offer a comprehensive, competitive benefits package designed to meet the diverse needs of our employees at every stage of life. Benefits begin for eligible employees on the day of hire.
- Medical
- Dental
- Vision
- PTO
- Flexible Spending Accounts (FSA)
- Health Savings Account (HSA)
- 401 (K)
- Group Term Life & AD&D coverage
- Disability (Short & Long Term)
- Employee Assistance Program
- Accident Insurance
- Critical Illness Insurance
- Legal Insurance (includes ID protection)
- Accident Insurance
- Paid Parental Leave
- Adoption Reimbursement
- Long Term Care
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
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