Sutton National Group (“SNG”), a rapidly growing insurance carrier group and a 777 Partners portfolio company, is looking for an Actuarial Analyst or Senior Actuarial Analyst to support the Actuarial Department.

This position will report to the Vice President of Actuarial and will be involved with assisting in the development of the pricing and reserving capabilities of SNG’s Actuarial Department. This includes working collaboratively with both internal and external clients; the ability to contribute meaningfully with ad-hoc analyses and projects from start to finish; ability to communicate results and findings of all work; demonstrate curiosity and ability to identify new opportunities and areas for improvement and value add. 

This position can be remote or can be located in our Boca Raton or Dania Beach offices in Florida.  Flexible partial remote/in-office schedule can be accommodated.   SNG offers a supportive and collaborative team environment based on common goals and objectives.  SNG also offers exposure to a wide variety of P&C lines of business and all operational aspects of the business of insurance.  SNG offers a competitive salary based on experience and variable compensation based on business results as well as opportunities for advancement.   Paid study time is available in support of actuarial credentials; however, the pursuit of such credentials is not required for this role.

DUTIES AND RESPONSIBILITIES

• Perform comprehensive actuarial evaluation of new program opportunities and develop recommendations.
• Review program rating and recommend revisions as appropriate.
• Work with internal partners to develop and maintain reports to monitor KPIs for each program, including but not limited to loss ratios, historical rate changes, claim frequency/severity, aggregation, limits profile, class/industry profile, etc., and the ongoing monitoring of inforce portfolios.
• Develop automated rate level indications and reserving analyses spreadsheets.
• Conduct periodic profitability reviews for each program.
• Perform quarterly reserve analysis to establish and monitor IBNR reserves for each program, including allocation of IBNR to line of business and jurisdiction.
• Assist with ad-hoc projects on an as-needed basis.

SKILLS / KNOWLEDGE / ABILITIES

• Self-motivated with time management and organizational skills, thoroughness, and attention to detail.
• High proficiency in Excel and other Microsoft products.
• Excellent analytical skills with advance data analytics experience a plus.
• Strong verbal and written communication skills.
• Ability to manage multiple projects and priorities simultaneously.
• Ability to work independently and in a team environment.
• Occasional travel may be required.
• Must have authorization to work indefinitely in the US.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in Actuarial Science or related field.
• Preferred Years of Experience and Exams:
• 2+ years of property and casualty insurance or reinsurance actuarial experience in any combination of pricing and reserving; and
• 3+ actuarial exams.

• Experience in developing and automating pricing and reserving analyses.

• Experience with Power BI preferred.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to talk and hear. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl.The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and the ability to adjust focus. The noise level in the work environment is usually moderate.

EEOC

We are an Equal Opportunity Employer. All aspects of consideration for employment and employment with the Company are governed on the bases of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.