Full-Time

Senior Pricing Actuary

Confirmed live in the last 24 hours

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Senior

No H1B Sponsorship

Chicago, IL, USA + 2 more

More locations: San Antonio, TX, USA | New York, NY, USA

Hybrid schedule requiring 3 days/week on-site.

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s Degree, Mathematics, Actuarial Science or Finance related.
  • At least ACAS, FCAS preferred
  • 7+ years of actuarial pricing experience, 2 or more specific to Commercial GL; Construction, Excess Casualty, or Environmental Pricing experience preferred. Large Account pricing or Reinsurance Pricing experience also preferred.
  • Strong communication skills with the ability to convey technical concepts to management and other functional areas.
  • Strong leadership and project management skills.
  • Proven creative problem-solving abilities.
  • Polished and professional written and verbal communication skills.
Responsibilities
  • Conduct profitability analyses and evaluate segment and sub-segment performance to continually improve granular pricing of risk.
  • Bring innovative actuarial techniques and approaches to analyzing difficult GL exposures such as low frequency, high severity layers, or construction defect, liquor liability, etc.
  • Work closely with business partners and provide direction on ways to improve portfolio performance; become a trusted advisor who brings actuarial insights to promote data-driven decision making.
  • Be actuarial pricing lead working with Argo Predictive Modeling to develop predictive analytic pricing approaches for Casualty, Construction, and Environmental.
  • Develop reports to assist business in managing key exposures within their portfolios and in monitoring execution of strategic underwriting actions.
  • Lead loss ratio planning and reforecast process for designated business units.
  • Work cooperatively in a team environment with other functions: underwriting, claims, financial, IT, etc.
  • Direct, lead, mentor and develop junior actuarial team members.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, fostering long-term relationships with clients and partners. The company's goal is to ensure mutual success while promoting an inclusive workplace and participating in initiatives related to diversity, sustainability, and disaster relief.

Company Stage

Acquired

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Argo's recent acquisition by Brookfield Reinsurance could provide new growth opportunities and financial stability.
  • The company's commitment to an inclusive workplace and professional growth fosters a positive work environment.
  • Argo's focus on sustainability and disaster relief initiatives enhances its reputation and long-term client relationships.

What critics are saying

  • The departure of key executives to competitors like AXIS Capital could impact Argo's talent pool and operational efficiency.
  • Integration challenges following the acquisition by Brookfield Reinsurance could disrupt business operations.

What makes Argo Group unique

  • Argo Limited specializes in niche markets like construction, marine, and energy sectors, offering tailored insurance solutions that standard policies do not cover.
  • The company's strong focus on corporate responsibility and community engagement sets it apart in the insurance industry.
  • Argo's leadership in risk assessment and management for high-risk industries provides a competitive edge over more generalized insurance providers.

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