Senior Actuarial Assistant

Company Overview :

About Private Client Select Insurance Services, LLC (PCS) : PCS is one of the largest high net worth managing general underwriters in the market today. With a sole focus on families with $5m or more in assets, PCS provides complex insurance policies for individuals with complex needs. Private Client Select offers property and casualty personal insurance solutions and risk management services that meet the unique and complex needs of High-Net-Worth clients. We understand their passions and are committed to preserving the life that they have built.

PCS employs approximately four hundred staff members. The company has offices in New York, NY, St. Petersburg, FL, and Schaumburg, IL. PCS has a geographically diverse workforce and supports hybrid and remote business-based flexibility.

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Role Overview :

We are seeking an early-career level actuarial professional to support Personal Lines Pricing for products sold through Private Client Select Insurance Services (PCS). The Senior Actuarial Assistant will be responsible for a range of responsibilities in pricing and in working closely with business partners. We are looking for an individual who is internally motivated, intellectually curious, can manage multiple priorities, and is driven to improve existing processes and make a positive impact on the business.

At PCS you will be challenged and encouraged to reach your greatest potential. Every day will bring new opportunities to stretch your analytical and problem-solving skills as you improve how we predict and mitigate risk and identify opportunities for greater operational efficiency.

Key Responsibilities :

• Analyze indicated rate need, to determine adequacy of premium charged in assigned states.
• Develop rating proposals, in partnership with the Product Management team.
• Produce state rate filings and respond to department inquiries and objections.
• Produce pricing analyses as needed for various segments of business.
• Support analytical tools for use in pricing and underwriting activities.
• Ensure end-to-end quality in rating processes.
• Assist with customized pricing guidance for unique risks.
• Extract / review data quality and help build databases relevant to our activities.
• Work closely with compliance team to support regular reporting needs.
• Improve documentation of all procedures.
• Make progress on actuarial exams, if pursuing actuarial credentials.

Qualifications :

Location :

This is a remote role, but we prefer candidates near NYC, Schaumburg, IL, or St. Petersburg, FL for occasional in-person collaboration and networking.

Equal Employment Opportunity Policy :

PCS values and is fully committed to diversity and inclusion. It is the policy of PCS not to discriminate against any applicant for employment, or any employee because of age, color, sex, disability, nation of origin, race, religion, sexual orientation, gender identity, or veteran status.