Actuarial Analyst, Pricing

Posted 2 Days Ago
Be an Early Applicant
Iselin, NJ, USA
In-Office
75K-85K Annually
Junior
Fintech
The Role
Supports pricing actuaries with rate indications, rate filings, new program reviews, segment performance analysis, rate recommendations, regulatory responses, and peer filing research. Partners with underwriting, compliance, CAT modeling, reinsurance, and MGA stakeholders. Also assists with reserving reviews and data projects while communicating findings to technical and non-technical audiences.
Summary Generated by Built In

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.

#LI-Onsite

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Bachelor's degree in actuarial science, mathematics, statistics, or a related field
  • 0-2 years of relevant experience
  • At least one actuarial exam passed
  • Commitment to pursuing the CAS designation
  • Proficiency in Excel
  • Strong written and verbal communication skills
  • Ability to explain technical results to non-actuaries
  • Strong organization and prioritization skills
  • Experience with SQL, Python, R, or similar tools
  • Interest in thoughtfully applying AI tools to actuarial work
  • Familiarity with MGA business or specialty commercial lines
  • Progress toward or completion of an insurance designation such as CPCU or ARe
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The Company
HQ: Jacksonville, FL
300 Employees
Year Founded: 1981

What We Do

Fortegra offers a variety of innovative insurance and reinsurance products, from consumer protection products to specialty program insurance. With an A.M. Best Financial rating of A- Excellent and total assets in excess of $2.47 Billion, we have the financial strength and stability you need in an insurance partner. As part of our full-service and vertically integrated approach we offer premium finance, credit protection and policy/claim administration.

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