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Full-Time

Actuarial Analyst

Confirmed live in the last 24 hours

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Financial Services

Entry, Junior

New York, NY, USA + 1 more

Category
Insurance
Finance & Banking
Required Skills
Communications
R
Requirements
  • Bachelor’s Degree in Actuarial Science or STEM-related field
  • 0-2 years of experience in an actuarial role
  • Passage of one or more actuarial exams with the goal of attaining ACAS/FCAS
  • Solid analytical, problem-solving and reasoning skills
  • Strong communication skills with both technical and non-technical resources
  • Proficient with Microsoft Office suite
  • Strong technical skills; proficiency in R is a plus
  • Willingness to learn
  • Ability to work independently and as a team member
  • To qualify, all applicants must be authorized to work in the United States
Responsibilities
  • Assists the Product Development or Commercial team in the evaluation of rate adequacy
  • Assists with statewide and territorial rate indications
  • Conducts renewal impact analyses
  • Completes support documentation for product filings with Departments of Insurance and assists with responses to rate related inquiries
  • Assists with research projects including developing predictive models and visualizing results to support business decisions
  • Performs competitive intelligence analysis
  • Utilizing and/or creating models to assess profitability in current rating structures

SageSure provides insurance coverage specifically for homeowners and small businesses located in high-risk coastal areas. The company offers tailored insurance products that address the unique challenges faced by these markets, particularly in regions prone to natural disasters like hurricanes and floods. SageSure's approach involves employing a team of experienced professionals who have extensive backgrounds in underwriting, product development, and customer service, allowing them to offer expert guidance to clients. Unlike traditional insurers that often avoid these high-risk areas, SageSure focuses on filling the gap by providing competitively priced, high-quality insurance solutions. The company's goal is to ensure that clients in underserved markets have access to reliable protection, leveraging advanced technology and data analytics to accurately assess risks and maintain customer satisfaction.

Company Stage

Private

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

8%

1 year growth

21%

2 year growth

59%
Simplify Jobs

Simplify's Take

What believers are saying

  • SageSure's successful issuance of $1.2 billion in catastrophe bonds demonstrates strong financial backing and resilience.
  • The acquisition of GeoVera MGA enhances SageSure's capabilities in residential earthquake risk, expanding its market reach.
  • Partnerships with technology firms like Ecopia AI improve SageSure's precision in risk assessment and underwriting, leading to better customer service and operational efficiency.

What critics are saying

  • Operating in high-risk coastal areas exposes SageSure to significant financial losses from natural disasters.
  • The integration of acquired companies like GeoVera MGA may present challenges in aligning operations and corporate cultures.

What makes SageSure unique

  • SageSure specializes in high-risk, underserved coastal areas, a niche often avoided by traditional insurers.
  • The company leverages advanced technology and data analytics to accurately assess risks and competitively price its products, setting it apart from competitors.
  • SageSure's team of experienced professionals, many with over 30 years in the industry, provides expert guidance and support, enhancing client trust and satisfaction.

Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling