Senior Actuarial Analyst Job at Ryan Specialty, Chicago, IL

djkrYlpVSlUzZ0VScE9zaTRBVlNCdDB1
  • Ryan Specialty
  • Chicago, IL

Job Description

Job Description

Position Summary

The Senior Actuarial Analyst is responsible for conducting complex actuarial analyses and providing insights to support business decisions. This role involves advanced data analysis, model development, and collaboration with various departments. Strong analytical skills, attention to detail, and the ability to communicate complex information effectively are essential for success in this position.

What will your job entail?

Job Responsibilities:
• Scheduled and ad hoc actuarial analyses of underwriting performance, profitability, and projection.
• Support of strategic analysis and predictive modeling aimed at process/rate/UW intelligence improvement, including identifying strengths, weaknesses, opportunities, threats, and other strategic elements.
• Product and tool development in support of new and existing initiatives.
• Consistent and efficient communication with the underwriting teams, management teams, and central functions.
• Consistent and efficient communication with insurance partners and external actuarial teams.
• Perform in-depth data analysis to identify trends and patterns that impact financial risk.
• Develop and refine actuarial models to forecast future events and financial outcomes.
• Assess the financial implications of various risk scenarios and provide strategic recommendations.
• Prepare comprehensive reports and presentations to communicate findings and recommendations to stakeholders.
• Ensure all actuarial practices comply with relevant regulations and standards.
• Work closely with other departments, such as finance, underwriting, and product development, to support business objectives.
• Conduct research on market trends and industry developments to inform actuarial assumptions and models.
• Maintain detailed documentation of methodologies, assumptions, and processes used in actuarial analyses.
• Utilize advanced actuarial software and tools to perform complex calculations and analyses.
• Provide guidance and mentorship to junior actuarial analysts, fostering their professional development.

Work Experience and Education:
· Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field with 2+ years of related experience; or an advanced degree without experience; or equivalent work experience.


Licenses & Certifications:
· ACAS or near ACAS

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 target salary range for this position is $88,000.00 - $110,000.00 annually.

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  

 

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 HR@Ryansg.com 

 

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.  

Job Tags

Full time, Work experience placement,

Similar Jobs

Dickson Brothers, Inc

Pool Equipment Repair Technician Job at Dickson Brothers, Inc

 ...the RAIL license required to do your job unassisted and earn more compensation. Dickson Brothers is a pool equipment install and repair company, NOT a pool cleaning route.. We install and repair automation, heaters, pumps, filters, and all other required and... 

Preferred Management Corporation

PMC Accounts Receivable Specialist Job at Preferred Management Corporation

 ...DUTIES AND RESPONSIBILITIES: Follow medical billing practices and manage Accounts...  ...hospital, physician office, or medical coding is preferred. Experience with Meditech...  .... Additional Details Seniority level: Entry level Employment type: Full-time Job... 

PAI Holdings LLC

In Process Quality Assurance Auditor (Night Shift) Job at PAI Holdings LLC

 ..., and proactively communicate to put in corrective actions prior to the product being removed...  ...quality policies. EDUCATION AND EXPERIENCE High school diploma or GED required;...  ...practices. Proficiency with Microsoft Office (Word, Excel, Outlook) and experience with... 

Solomon Page

Travel Medical Lab Technician Job at Solomon Page

Job Description Solomon Page is seeking a travel Medical Lab Technician for a travel job in Alliance, Nebraska. Job Description & Requirements ~ Specialty: Medical Lab Technician ~ Discipline: Allied Health Professional ~ Start Date: 01/26/2026~ Duration...

Horace Mann

Insurance Agent - Roswell, NM Job at Horace Mann

 ...success in this role, including: ~ A commitment to identifying and implementing solutions that help educators achieve affordable insurance solutions and financial security A focus on achieving market access and building strong relationships The ability to...