Position SummaryBy innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe-prone communities. Our uncommon approach to business creates uncommon careers which allow for independence, innovation, and variety. As our Pricing Actuarial Analyst, you will be at the intersection of traditional actuarial science and next-gen data science. You will fuel the company's competitive edge by leading actuarial support in pricing sophistication, predictive analytics, and data-driven decision-making. This role will challenge you to step outside your comfort zone and join a unique, collaborative team environment that allows you to learn from others and redefine the modern actuary.
What will your job entail?
Responsibilities
Building and maintaining advanced pricing models using machine learning techniques
Building dashboards or tools for other teams utilizing Tableau
Monitoring top-line and bottom-line performance for necessary adjustments
Developing and presenting segmented rate indications
Testing new or existing 3rd party data sources for predictive power and integrating new data sources into pricing models
No interaction with rate filing
Requirements
Proficiency in SQL and Python required
Bachelor's degree in actuarial science, mathematics, or related field
Experience with generalized linear models, unsupervised learning, and other ML techniques
Ability to relocate / commute to Nashville, TN 37215
Nice-to-haves
Experience with catastrophe pricing/modeling and Commercial Lines property experience
Familiarity with Tableau or PowerBI
Familiarity with R
One to Three Preliminary Actuarial Exams
Benefits
Velocity is proud to offer a comprehensive, competitive benefits package designed to meet the diverse needs of our employees at every stage of life. Benefits begin for eligible employees on the day of hire.
Medical
Dental
Vision
PTO
Flexible Spending Accounts (FSA)
Health Savings Account (HSA)
401 (K)
Group Term Life & AD&D coverage
Disability (Short & Long Term)
Employee Assistance Program
Accident Insurance
Critical Illness Insurance
Legal Insurance (includes ID protection)
Accident Insurance
Paid Parental Leave
Adoption Reimbursement
Long Term Care
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $64,000.00 - $80,000.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
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