Actuarial Analyst

UPLAND CAPITAL GROUP INC

Actuarial Analyst

Dallas, TX
Full Time
Paid
  • Responsibilities

    Upland Capital Group, Inc. is an AM Best rated “A-” VIII specialty property/casualty insurer headquartered in Dallas, Texas. Through its wholly owned insurance carrier, Upland Specialty Insurance Company, the company markets, underwrites and services specialty insurance products in select markets to include excess transportation, construction casualty, excess casualty, primary general liability, excess public entity, professional liability errors and omissions as well as excess cyber liability.

    We focus on “old school” underwriting as a craft, add “new school” analytics and technology, and encourage a gritty, growth mindset among people called “we entrepreneurs.”

    At our Risk and Analytics (R&A) team, we focus on Actuarial, Data Science, Data and Model Engineering, and Enterprise Risk Management functions. Our Actuarial and Data Science model environment and architecture is containerized, and we are cloud based, running on Azure. Our vision is to build highly automated and efficient processes to deliver actuarial insights into underwriting and claims handling processes. We look to create value by problem solving and a close collaboration with stakeholders across the organization, not limited by a ‘one size fits all’ mindset.

    As an Excess and Surplus (E&S) carrier, we face unique and interesting problems every day. We are looking for an aspiring Actuarial Analyst to join our R&A team. This role will report to the Actuarial Manager.

    DUTIES AND RESPONSIBILITIES:

    • Translate certain business requirements from different stakeholders into actuarial analysis
    • Assist in Product Reviews
    • Use actuarial techniques to assist in large account pricing
    • Assist Data Science to test models and other analytics products using appropriate techniques
    • Collaborate closely with the rest of the R&A team and other business functions
    • Provide clear and concise communication to stakeholders
    • Stay current on industry trends and best practices in actuarial, in accordance with the CAS professional standards
    • Research, learn, test, and apply new techniques to non-standard insurance problems
    • Other ad hoc projects that provide solutions to pricing problems

    Required Experience, Education, and Skills:

    • Bachelor’s Degree and 1+ years of actuarial experience in the insurance industry
    • Bachelor’s degree in mathematics, Statistics, Data Science, Actuarial Science or relate quantitative field
    • At least 2 actuarial exams passed as progress towards a CAS credential
    • Proficiency in Excel and PowerPoint
    • Self-starter, quick learner, and creative problem solver that thrives in a fast-paced remote work environment
    • Good communication skills in explaining basic actuarial concepts to a variety of audiences
    • Working knowledge in SQL

    Preferred Experience, Education, and Skills:

    • P&C insurance domain knowledge, especially knowledge in commercial lines insurance and E&S products
    • Experience with pricing and rate indication work
    • Experience with visualization tools such as Power BI
    • Proficiency in programming languages such as Python, R

    Disclosures:

    Pay Estimate: $70,000-110,000/year

    Other compensation: annual incentive program

    Benefits: health insurance including FSA and HSA options and free access to Teladoc, vision, dental, disability and life insurance, parental leave, responsible time off (unlimited vacation days without an accrual system), paid sick time as required by law, 401(k), tuition reimbursement and employee assistance program.

    Anticipated close date: 1/10/2025