Senior Actuarial Analyst

Position Summary

This is an exciting opportunity to play a key role in enhancing rating processes, portfolio management, and technical ratemaking within a dynamic underwriting and actuarial environment. This role will collaborate with cross-functional teams, including underwriting leadership and actuarial professionals, and will have responsibilities in three core areas: 1) support and develop rating tools by maintaining, improving, and ultimately leading rater implementation, 2) conduct research and technical analyses to refine rate plans, identify new rating variables, and explore innovative ratemaking opportunities, and 3) contribute to portfolio management through rate monitoring, adequacy assessments, and strategic due diligence to support sustainable business growth.

This role will be hybrid, with flexible arrangement possible in the long run for exceptional candidates.

What will your job entail?

ESSENTIAL RESPONSIBILITIES

• Gain hands-on experience with raters by supporting, updating, and expanding their functionality, ultimately leading the development of a rater from the ground up.

• Assist in integrating rating tools into the production and underwriting process, collaborating with underwriters to enhance rating methodologies and efficiency.

• Conduct research, ad hoc projects to review and update rate plans, identifying strengths, weaknesses, and opportunities, and propose rating enhancements to improve underwriting intelligence and profitability.

• Support portfolio management and reporting, including rate change monitoring, adequacy assessments, and due diligence analysis to ensure portfolio performance and sustainable growth.

• Partner with senior underwriting leaders and teams to develop business acumen, deepen knowledge of lines of business, and conduct ad-hoc deep dive analyses as needed to help identify key profit and loss drivers for an insurance portfolio.

 

QUALIFICATIONS

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field with 2 years of related experience; or an advanced degree without experience; or equivalent work experience.

• Demonstrated strong understanding of the Property & Casualty insurance business.

• Associate of the Casualty Actuarial Society (ACAS), or solid progress to such with at least 4 CAS Exams passed.

• Experience with Pricing in Commercial lines, specifically in Excess & Specialty, preferred.

• Experience with D&O, PL, Cyber, Media, or Renewable Energy lines preferred.

• Experience in modeling and/or quantitative research in any discipline, with demonstrated projects in machine learning and predictive modeling/econometrics preferred.

• Strong technology skills including in Microsoft Office (Excel, Power BI) and programming/data manipulation (SQL, R/Python, Alteryx).

• Ability to receive and grow from constructive feedback.

• Ability to rebound from setbacks and navigate challenges with resilience.

• Willingness to address difficult issues directly and communicate with courage.

• Strong collaboration skills, building effective partnerships to achieve shared goals.

• Effective communicator, tailoring messages to diverse audiences for clarity and impact.

• Customer-focused mindset, dedicated to building strong relationships and delivering solutions.

• Integrity-driven, earning trust through honesty, authenticity, and reliability.

• Process-oriented, continuously seeking efficiencies and improvements in workflow.

• Tech-savvy, staying ahead of digital and technological advancements in business.

• Appreciation for diverse perspectives, fostering an inclusive and culturally aware environment.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the