Ryan Specialty

Compensation

Full Description

Note: The job is a remote job and is open to candidates in USA. Ryan Specialty is a dynamic company offering a pivotal role in advancing rating processes and portfolio management within a collaborative MGU underwriting and actuarial environment. The Senior Actuarial Analyst will support Commercial Primary and Excess GL pricing, conduct in-depth research and technical analyses, and contribute to portfolio management to foster sustainable business growth. Responsibilities • Gain hands-on experience with raters by supporting, updating, expanding their functionality, and enhancing overall efficiency. • Collaborate closely with underwriters to ensure seamless production and accurate capture of rater data for actuarial monitoring and analysis. • Conduct research and ad hoc projects to review and update rate plans, identifying strengths, weaknesses, and opportunities, and proposing rating innovations to enhance underwriting intelligence and profitability. Methodologies may include segmentation analysis, predictive analytics, statistical learning techniques, qualitative research, benchmarking, and more. • Support portfolio management and reporting initiatives, including monitoring rate changes, assessing adequacy, and performing due diligence analyses to ensure positive portfolio performance and sustainable growth. • Partner with senior underwriting leaders and teams to develop business acumen, deepen knowledge of various lines of business, and conduct ad hoc deep-dive analyses as needed to uncover key profit and loss drivers within an insurance portfolio. • Provide guidance and mentorship to junior team members as needed. This is primarily an individual contributor role, with the potential for direct management of junior analysts if the candidate demonstrates the necessary willingness and aptitude for leadership. Skills • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field with a minimum of 4 years of related experience; or an advanced degree with a minimum of 2 years of experience; or equivalent work experience. • Demonstrated strong understanding of the Property & Casualty insurance business. • An Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) designation is required. Candidates with at least 5 completed CAS exams or ACAS candidates with less experience may be considered for a Senior Actuarial Analyst role. Individuals who have not yet attained the FCAS designation must be actively pursuing it. • Strong technology skills including in Microsoft Office (Excel, Power BI) and programming/data manipulation/statistical analysis (SQL, R/Python, Multirate). • Ability to receive and grow from constructive feedback. • Ability to rebound from setbacks and navigate challenges with resilience. • Willingness to address difficult issues directly and communicate with courage. • Strong collaboration skills, building effective partnerships to achieve shared goals. • Effective communicator, tailoring messages to diverse audiences for clarity and impact. • Customer-focused mindset, dedicated to building strong relationships and delivering solutions. • Integrity-driven, earning trust through honesty, authenticity, and reliability. • Process-oriented, continuously seeking efficiencies and improvements in workflow. • Tech-savvy, staying ahead of digital and technological advancements in business. • Appreciation for diverse perspectives, fostering an inclusive and culturally aware environment. • Experience with Pricing in Commercial lines, specifically in Excess & Specialty • Experience with Commercial GL, Cyber lines • Experience in modeling and/or quantitative research in any discipline, with demonstrated projects in machine learning and predictive modeling/econometrics Benefits • Paid time off for company holidays • Vacation • Sick and personal days • Paid parental leave • Mental health services Company Overview • Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers. It was founded in 2010, and is headquartered in Chicago, Illinois, USA, with a workforce of 5001-10000 employees. Its website is https://ryanspecialty.com. Company H1B Sponsorship • Ryan Specialty has a track record of offering H1B sponsorships, with 7 in 2025, 5 in 2024, 1 in 2023. Please note that this does not guarantee sponsorship for this specific role.