Senior Actuarial Analyst (Cyber Insurance)

TL;DR

Senior Actuarial Analyst (Cyber Insurance): Driving profitable growth and managing risk for hirify.global's insurance products with an accent on pricing accuracy, product profitability, and cross-functional collaboration. Focus on developing data-driven risk assessment frameworks, quantifying business impacts, and leveraging technology for efficiency.

Location: New York, New York, United States (Onsite)

Salary: $120,000–$135,000 per year

Company

hirify.global is the world’s first InsurSec provider, offering end-to-end prevention and protection against cyber risk by combining insurance with world-class cybersecurity technology.

What you will do

• Contribute to hirify.global’s risk assessment framework for data-driven decisions involving millions of dollars of exposure.
• Manage overall program profitability and improve pricing accuracy for insurance products.
• Collaborate cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams.
• Lead and support a wide variety of pricing and underwriting initiatives, quantifying their impacts on the business.
• Analyze customer acquisition and retention data to improve the understanding of business economics.
• Help coach team members and key stakeholders to understand actuarial analytics and Cyber pricing.

Requirements

• Evaluated the profitability of a portfolio of insureds using actuarial techniques and communicated results to leadership.
• Worked cross-functionally with underwriting, product management, data science, claims or other analytical departments to solve complex business problems.
• Developed tools to automate existing processes and/or improve visibility into product performance.
• Analyzed competitor rating plans and interpreted the results to improve pricing or underwriting structures.
• Passed 4+ exams in pursuit of your ACAS, FCAS, or other equivalent designation.
• Achieved proficiency with Excel and SQL, and have experience with Python and/or R.

Culture & Benefits

• Join a growing team of actuaries and actuarial analysts of diverse backgrounds.
• Leverage technology to improve efficiency and minimize duplicative work.
• Support key business decisions with data-backed insights and a deep understanding of insurance risk.
• Be part of a team that loves what they do and recognizes the enormous responsibility they have.