Actuarial Analyst, Pricing

About At-Bay 

At-Bay combines world-class technology with industry-leading insurance to help clients meet risk head-on. Partnering with brokers and business owners alike, we provide modern insurance products and active risk monitoring services for companies of every size and in every industry. Our team boasts many backgrounds and skills, from analysts and developers to designers and underwriters, and everything in between — all working together to redefine what it means to be an insurance company. 

We’re proud to be a diverse company and to have expertise from multiple industries driving our culture. At-Bay is expanding rapidly, and as we grow, we’re prioritizing inclusive hiring practices and supportive team environments. We’re committed to building a company culture where people of all identities and backgrounds are empowered to thrive, develop their career, and bring their full self to work. 

At-Bay is a globally distributed company with hubs in Atlanta, New York City, San Francisco, and Tel Aviv. To date, we have raised $292 million in funding from Acrew Capital, Glilot Capital, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital. 

Your Impact

As an Actuarial Analyst on the Pricing team, you will be working under the risk function with talented team members in actuarial, data science, engineering and business intelligence. You will report to the Actuarial Pricing Manager and support the team to deliver pricing initiatives and strategies. Your work directly contributes to At-Bay’s risk assessment framework that helps with data-driven decisions involving millions of dollars of exposure. This is a multidisciplinary role that includes developing deep cyber and tech knowledge, business acumen, research, and analytical skills. This is also a hands-on operational role where you’ll see in house submission, quotes and binds and understand how each risk decision will impact on the business. 

Responsibilities

• Responsible for rate indication development & improvement, including trending and adjusting premiums, losses and expenses, using appropriate statistical model and actuarial techniques.
• Identify, interpret and validate assumptions to ensure high quality deliverables.
• Facilitate the risk review process and contribute to the At-bay’s risk committee meetings to support the pricing & underwriting strategy.
• Identify, advise and execute pricing initiatives to achieve functional strategies (often segment specific) on matters of significance. 
• Conduct competitive & market analysis and summarize underwriting feedbacks.
• Create tools and automate processes to improve the teams operational efficiency
• Research insurance industry data to assist in the analysis of benchmark pricing parameters, including trend, rate changes, and loss development.
• Conduct portfolio reviews and monitor KPIs as required 
• Collaborate with Insurance & Tech Product, Underwriting, Claims, and R&D teams to deliver pricing initiatives
• Perform various ad hoc data analysis to inform strategic, data-based decision making

Qualifications

• 3-5 years P&C pricing experience in an insurance company/tech company/Insuretech/consulting company. 
• Strong plus if you have direct Cyber, Tech E&O, Miscellaneous Professional Liability (MPL) experience. 
• ACAS or near ACAS or other equivalent designation preferred.
• Hands-on experience with Excel, SQL as must and Python as strong preferred 
• Experience with surplus line is a plus
• Experience supporting rate filings with State Department of Insurance is a plus
• Reserving experience is a plus
• Strong plus if you have proven record of delivering new product or pushing significant product improvement in a timely fashion
• Driven, Team Player, Independent, Strong Sense of Ownership, Hungry for Intellectual Challenges, Concise, Results Driven, Bias Towards Efficiency

What you'll get

• A competitive salary, benefits package
• Passionate, smart, and fun people to work with
• You will never lack for challenge, we are a unique blend of a tech startup, an international firm, and an insurance company
• Great office location in San Francisco