Senior Associate Actuary - Warranty Division

Looking for a driven, inventive, and thoughtful actuarial candidate to help guide the analysis, pricing, reporting, and servicing of various warranty offerings using accepted Company procedures, standards and guidelines that have been established for various industries and product categories. Maintains a solid understanding of AmTrust’s mission, vision, and values. Upholds the standards of the AmTrust organization.

• Develops program design and pricing for new and existing clients that are selling and administering warranty programs.
• Conducts periodic reviews of assigned programs to ensure that the programs are desirable from an Actuarial viewpoint and producing the required profitability results.
• Develop and maintain financial reporting for key internal and external stakeholders.
• Maintain an up-to-date understanding of the insurance landscape, emerging trends, Actuarial concepts, and new technologies that may impact pricing models
• Communicate with business and technical stakeholders to ensure transparency and common understanding of goals and prioritization.
• Leverage database and business intelligence tools to extract, analyze, and communicate data to support robust business decisions.

• Bachelor’s degree in Actuarial Science, Mathematics, or related field
• 3+ years of actuarial experience and actively pursuing ACAS or FCAS
• 3+ years of hands-on SQL, SAS, PowerBI, or R experience with strong data exploration and manipulation skills
• Strong grasp of statistical methods applied to insurance data, including the ability to identify and articulate data and modeling issues
• Ability to build a sense of trust and rapport that creates an effective workplace
• Excellent problem-solving skills and attention to detail
• Demonstrated ability to experiment with and learn new technologies

Preferred:

• Understanding of extended warranties (service contracts), GAP, debt cancellation, credit default and other similar insurance-related programs related to one or more of the following products: automotive vehicles, household electronics, appliances and systems, construction and agricultural equipment.

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AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice.