Full-Time

Actuarial Analyst

Pricing

Posted on 7/12/2024

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Junior, Mid

No H1B Sponsorship

Chicago, IL, USA + 2 more

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

Full-time (5 days per week on-site) at one of the following offices: San Antonio, TX, Chicago, IL, and New York City, NY.

Category
Insurance
Finance & Banking
Required Skills
Python
R
SQL
Requirements
  • Bachelor’s Degree, Mathematics, Actuarial Science or Finance related. 3+ exams in current pursuit of ACAS or equivalent experience.
  • 2+ years of actuarial experience, preferably with commercial lines. Professional Lines experience is viewed as a plus.
  • Experience with at least one coding language (SQL, R, Python, SAS, VBA, etc.).
  • Broad overall knowledge of insurance.
  • Strong communication skills with the ability to convey technical concepts to management and other functional areas.
  • Ability to interact and work within a team environment and approach actuarial work as collaborative product.
  • Ability to support concurrent projects.
  • Polished and professional written and verbal communication skills.
  • Must be detail-oriented and able to quickly evaluate accuracy of information.
  • Proficient PC skills developed through extensive use of Windows and Microsoft Office Suite (particularly Excel, Outlook, and Word).
  • Predictive modeling experience a plus.
  • Rate filing experience a plus.
  • Creative and flexible mentality.
Responsibilities
  • Work in a team environment with underwriting, claims, financial, IT, digital and marketing professionals.
  • Data work in R, Python, SQL, Excel and PowerBI including data cleansing/manipulation, EDA and model building.
  • Support a full range of actuarial and financial analysis to quantify performance including predictive modeling.
  • Work closely with business partners at managing actuary’s direction to provide ways to improve portfolio performance.
  • Support evaluation of new business opportunities and/or programs and share recommendations with business partners.
  • Participate in loss ratio planning and reforecast process on a quarterly basis including rate change, loss trend, mix shift and non-rate actions.
  • Explore and become proficient in new tools to drive efficiency and refine existing workflows.
  • Create and automate datasets and reports for actuarial analysis.
  • Complete rate filings, where applicable.

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, participating in initiatives related to diversity, environmental sustainability, and disaster relief. The company's goal is to foster long-term relationships with clients while promoting an inclusive workplace that supports personal and professional growth.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital insurance platforms aligns with Argo Interactive's mobile services.
  • The rise of parametric insurance products offers expansion opportunities in niche markets.
  • AI integration in underwriting improves risk assessment, benefiting Argo's specialty services.

What critics are saying

  • Leadership changes may lead to strategic instability post-Brookfield acquisition.
  • Talent drain, such as departures to competitors, could impact Argo's operations.
  • Brookfield's acquisition may shift company priorities and lead to restructuring.

What makes Argo Group unique

  • Argo specializes in niche markets with unique risk profiles like construction and marine.
  • The company offers tailored insurance solutions not typically covered by standard policies.
  • Argo's commitment to corporate responsibility enhances its reputation and client relationships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Caregiver Leave

Paid Parental Leave

Paid Bereavement Leave

Military Leave

Employee Assistance Program (EAP)

Wellness Program

Employee Referral Bonus

INACTIVE