Actuarial Analyst, Pricing
Fortegra
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- Pay
- $75K to $85K
- a year
- Location
- Iselin, NJ
- Work style
- On-site
- Job type
- Full time
- Posted
- Oct 12
- 7 days ago
Career path
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About the company
Fortegra
Insurance · 501 to 1,000 employees
What you'll do
- Support pricing work including rate indications, rate recommendations, and rate filings; analyze program performance and research peer filings.
- Communicate findings to stakeholders and support reserving reviews and data requests.
What you need
- Requires a bachelor's degree in actuarial science, mathematics, statistics, or a related field, 0-2 years of relevant experience, at least one actuarial exam passed, and commitment to pursuing the CAS designation.
- Requires Excel proficiency and strong communication, organization, and prioritization skills.
- Education: a bachelor's degree
Key skills
actuarial examCAS designationExcelwritten and verbal communicationorganization and prioritizationSQLPythonRAI toolsMGA businessspecialty commercial lines
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Perks
- medical
- dental
- life
- vision
- company paid short/long term disability
- 401(k)
- tuition assistance
See full description on company page, apply now
Read the full posting here
Fortegra is looking for an early-career actuary to join our pricing team. You'll work alongside senior actuaries on rate indications, rate filings, and new program reviews across our Specialty MGA portfolio, with occasional reserving and data projects. You'll get broad exposure to the full pricing cycle and regular opportunities to present your work.
Minimum Qualifications:
Bachelor's degree in actuarial science, mathematics, statistics, or a related field.
0-2 years of relevant experience.
At least one actuarial exam passed, and a commitment to pursuing the CAS designation.
Proficiency in Excel.
Strong written and verbal communication skills, including the ability to explain technical results to non-actuaries.
Strong organization and prioritization skills.
Experience with SQL, Python, R, or similar tools preferred.
Interest in applying AI tools thoughtfully to actuarial work, with good judgment about accuracy and appropriate use preferred.
Familiarity with MGA business or specialty commercial lines preferred.
Progress toward or completion of another insurance designation (CPCU, ARe, etc.) preferred.
Primary Job Functions:
Support senior actuaries in reviewing new program opportunities.
Prepare regular rate indications for assigned states and programs using standard actuarial methods.
Analyze program and segment performance to help identify areas for growth and areas needing corrective action.
Help develop rate recommendations that balance profitability, market conditions, and regulatory constraints.
Research peer company filings to support rate development where internal data is limited.
Prepare rate filing analyses and exhibits that meet state-specific requirements and filing checklists.
Draft responses to DOI objections, working with senior actuaries and compliance to meet deadlines.
Work with compliance to ensure filings are submitted on time.
Partner with the CAT modeling and reinsurance team to understand which segments drive probable maximum loss (PML).
Communicate findings clearly to stakeholders such as underwriting, compliance, and MGA partners, and, with guidance, to senior actuarial management and regulators.
Support other initiatives, including reserving reviews for assigned segments and data requests.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
The anticipated salary for this position is $75,000 - $85,000 per year, based on qualifications and experience.
Internal Notice: As part of our commitment to talent development, this position is open for internal promotion applications at the time of public posting.
Fortegra is not accepting unsolicited resumes from search firms for this position.
Please be aware of job fraud(s) – all correspondence emails regarding your candidacy will come from our Fortegra.com email address. Thank you.
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