Senior Actuarial Analyst - Reserving Data & Process Modernization
AmTrust Financial Services, Inc. New York, New York, United States · $85K–$150K/yr
Insurance · 5,001-10,000 employees
About the role
The role involves modernizing and automating actuarial reserving data pipelines and loss development models to improve financial reporting efficiency. The analyst will act as a technical liaison between actuarial and financial transformation teams to ensure data architecture aligns with corporate standards.
What they look for
Requirements
Candidates must hold a bachelor's degree in a quantitative field and possess near-ACAS or ACAS credentialing. Proficiency in Python, R, and SQL is required, along with at least four years of experience in actuarial valuation or reserving workflows.
Benefits
Full description
Overview
The Senior Actuarial Analyst (Reserving Data & Process Modernization) leads initiative to integrate traditional actuarial reserving science, financial systems, and workflow automation. This position coordinates, designs, and implements technical solutions to modernize and automate actuarial reserving data pipelines, loss development models, and financial reporting processes. The ideal candidate will work with little supervision to perform complex process engineering, optimize legacy workflows (such as Excel/VBA) into modern languages, and oversee junior staff members on transformation projects. This position requires a deep understanding of reserving principles combined with advanced programming skills, enabling the candidate to communicate technical strategy effectively to both Actuarial and Financial Transformation senior leadership.
Responsibilities
- Automate Reserving Workflows: Identify, redesign, and migrate manual, spreadsheet-based reserving processes and loss triangles into automated, scalable workflows using Python, R, SQL, or advanced tools.
- Modernize Reserving Data Pipelines: Partner with the Financial Transformation team to build, optimize, and maintain robust actuarial data pipelines, ensuring clean, structured, and timely financial data for valuation.
- Enhance Quarterly/Annual Valuation Efficiency: Improve reserving frameworks to significantly reduce quarterly closing cycle times and operational risk.
- Bridge Actuarial and Financial Transformation Teams: Act as the primary technical liaison to align actuarial reserving data architecture with broader corporate finance systems and transformation initiatives.
- Design Financial Presentations: Communicate complex reserving data architecture, data flows, and automation outcomes into clear, impactful visual presentations for finance and executive decision-makers.
- Maintain Governance & Compliance: Ensure all automated data processes adhere to internal model governance policies, SOX controls, financial reporting standards, and external audit compliance requirements.
Qualifications
- Education: Bachelor’s degree in Actuarial Science, Data Science, Computer Science, Finance, Mathematics, or a related quantitative field.
- Actuarial Progress: Near-ACAS/ACAS or equivalent reserving-focused credentialing, with strong experience working directly within a valuation department.
- Programming Skills: Advanced proficiency in Python or R, and SQL. Experience with cloud financial databases and business intelligence tools (e.g., Power BI, Tableau) is highly desirable.
- Experience: 4+ years of actuarial experience, with a proven track record of successfully optimizing or automating financial, valuation, or reserving workflows.
The expected salary range for this role is $85,000-$150,000/year.
Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations.
What We Offer
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
