This position is eligible for an annual target bonus.
4 Year Degree
Internal Number: 2695
SageSure is the largest independent residential property managing general underwriter in the United States. We are seeking a Senior Actuarial Analyst to join our growing Product Development and Research team. This position provides an opportunity to take on a role in an entrepreneurial culture and gain a broad perspective across the insurance business. As a member on the Product Development and Research team, you will be asked to assist in providing technical and analytical assessments of complex business issues related to the development of new property products and maintenance of existing ones. You will utilize actuarial techniques to assist in the development and maintenance of sophisticated pricing plans.
Location: This position will work a hybrid schedule (2-3 days/week) based out of our office in Cheshire, Connecticut.
What you’d be doing:
Assists the Product Development team in the evaluation of rate adequacy.
Assists with statewide and territorial rate indications.
Conducts renewal impact analyses.
Manage interns as well as lead work streams and manage projects of moderate complexity.
Completes support documentation for product filings with Departments of Insurance and assists with responses to rate related inquiries.
Assists with research projects including developing predictive models and visualizing results to support business decisions.
Performs competitive intelligence analysis.
Mentors other actuarial team members.
About the Actuarial Team at SageSure:
Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experiences to advance your career. You’ll not only be predicting and modeling risk in some of America’s most challenging markets but will also be working in multiple actuarial disciplines, including pricing and product development. At SageSure, you’ll gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company to leverage synergies with our underwriting, marketing, program operations and software teams. We provide the support you’d expect—including a rotational program and exam assistance—and develop and champion your whole career.
We’re looking for someone who has:
Bachelor’s degree in Actuarial Science or STEM-related field.
Passing grades on a minimum of 3 CAS Exams.
Solid analytical, problem-solving and reasoning skills.
2-4 years of experience.
Strong communication skills with both technical and non-technical resources.
Proficient with Microsoft Office suite.
Strong technical skills; proficiency in R and SQL.
Willingness to learn.
Ability to work independently and as a team member.
Proven organizational and time-management skills; strong attention to detail.
Intermediate problem-solving and decision-making skills; ability to think critically and strategically.
If shaping the future of an industry sounds exciting, you’ll love working at SageSure! A Best Places to Work in Insurance Recipient for two years in a row (2020-2021), SageSure is a managing general underwriter leader and insurance technology innovator serving disaster-prone areas. That means we sell insurance through our proprietary technology platform in places other insurance companies won’t do business. Our success in delivering coverage in America’s most challenging markets is the result of our strategic focus to understand and adequately price risk. We offer 50+ products in 14 states, serving over 400,000 policyholders while managing more than $800 million in written premium. We have nine office locations—Jersey City, NJ; Mountain View, CA; Atlanta, GA; Chicago, IL; Tallahassee, FL; Cincinnati, OH; Houston, TX; Mt. Laurel, NJ; and Cheshire, CT—as well as numerous remote employees across the country.