Actuarial Pricing Intern

Position Summary

This role will be involved in all aspects of actuarial support for the Ryan Specialty. It is expected that this role will provide support to others within the actuarial pricing team, providing services to a number of the RSUM operations as required.

What will your job entail?

Essential Functions:

• Scheduled and ad hoc analyses of underwriting performance and profitability
• Strategic analysis (including predictive modeling), identifying strengths/weaknesses and opportunities, leading to process / rating improvements and underwriting intelligence
• Product development – industry, peer, and market analyses to support new initiatives
• Maintenance of existing rating tools, development of new models, and assisting with integration of same into the RSUM platform.
• Regular communication with the underwriting staff and other internal functions such as IT and Finance.

Education/Experience/Skills:

• Pursuit of BS in Math, Statistics, Computer Science, Actuarial Science, or a related degree.
• Excellent technical aptitude.
• Strong attention to detail.
• Excellent knowledge of Excel, programming, and data manipulation.
• Experience with Access, SQL, Tableau, Other, etc.
• Ability to ask questions and creatively explore.
• Willingness to get involved at all levels and aspects of the process as necessary.
• Outstanding interpersonal skills.
• Basic understanding of the insurance business.

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.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected]

The above is intended to describe this job’s general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.