Job Summary: We are seeking an experienced Sr. Actuarial Analyst to join our team, focusing on risk monitoring, profitability analysis, and other key actuarial functions. This role involves conducting in-depth reviews of insurance product profitability, assessing portfolio risk, and working closely with various teams to support sound underwriting and pricing decisions. The ideal candidate will bring a blend of technical actuarial skills, analytical expertise, and experience within the general insurance industry, particularly in Property & Casualty (P&C). Key Responsibilities Risk Monitoring & Assessment: • Analyze insurance portfolio risk exposures, ensuring they align with the company's risk tolerance and regulatory requirements. • Develop risk monitoring tools and dashboards to track key metrics, trends, and emerging risks within the insurance portfolio. • Support rate monitoring activities to ensure correct implementation of rate change, impact analysis, identify any deviations. • Support risk management and mitigation strategies by providing insights and recommendations based on data analysis. Profitability Analysis: • Conduct profitability reviews on various insurance products, lines of business, and portfolios, identifying opportunities for improvements. • Evaluate and analyze the performance of different risk segments, ensuring adequate pricing and optimal product profitability. • Conduct trend analysis leveraging external reports, competitor analysis, product experience. • Work with underwriting and pricing teams to adjust models and assumptions based on historical performance and market trends. Actuarial Modeling & Pricing Support: • Build and enhance actuarial models to forecast risk, calculate reserves, and assess overall profitability. • Collaborate with pricing actuaries and product managers to implement rate changes and pricing strategies that balance competitiveness with profitability. • Use predictive modeling techniques to assist in pricing decisions and support underwriting guidelines. Regulatory Compliance & Reporting: • Support regulatory reporting and ensure compliance with state and federal guidelines, including actuarial standards of practice. • Contribute to rate filings and other actuarial documentation required by state insurance departments. Cross-Functional Collaboration: • Partner with underwriting, finance, and data analytics teams to align on product goals and refine risk management strategies. • Present findings to senior leadership, translating complex actuarial concepts into actionable insights. Qualifications • Bachelors degree in actuarial science, Mathematics, Statistics, or a related field; completion of actuarial exams with ASA or FSA designation preferred. • 5+ years of actuarial experience in the insurance industry, ideally within P&C. • Proven expertise in risk assessment, monitoring, and profitability review. • Strong analytical and quantitative skills, with proficiency in actuarial modeling software (e.g., R, SAS, Python) and Excel. • Familiarity with insurance regulations, rate filings, and compliance requirements. • Excellent communication and interpersonal skills, with the ability to explain complex concepts to non-technical stakeholders. • Ability to work independently and collaboratively in a fast-paced, dynamic environment. This is a Hybrid role in NY/NJ