Kinsale Insurance is an excess and surplus (E&S) lines insurance company located in Richmond, VA. We pride ourselves on our quantitative, data-driven approach to insurance. Our Analytics & Actuarial team works directly with other business segments to drive both profitability and operational efficiency. Kinsale is a leader both in the E&S insurance industry and within the Richmond community and can help you discover a career ripe for advancement and financial success. This is a unique and exciting opportunity that provides exposure to a variety of insurance products and business segments.

The Analytics & Actuarial team at Kinsale is responsible for almost all the analytical work done at the company including actuarial pricing, reserving, capital modeling, catastrophe modeling, data science, KPIs, and reinsurance. Ultimately, we are interested in assembling the best team possible, which means you do not need experience in all the areas above to be considered. Your prior experience and areas of interest will determine your specific responsibilities.

Responsibilities

Your prior experience and areas of interest will play a large role in determining your responsibilities. Possible technical responsibilities include:

• Performing aggregate pricing analyses for various insurance products
• Fine-tuning rating variables using both internal and external data
• Developing rating plans for new insurance products
• Catastrophe modeling including analyzing the raw model output
• KPIs and operational reporting
• Analyzing the profitability of underwriting divisions
• Reserve analyses for various lines of business
• Reinsurance analyses for various lines of business
• Utilizing third-party data to enhance existing pricing algorithms
• Predictive modeling and machine learning

Other responsibilities include:

• Communicating results to others, both inside and outside of the department
• Meeting with other departments and designing solutions to meet their needs
• Managing multiple projects at once and meeting various deadlines as required
• Taking ownership of your work – performing reasonability checks and accuracy checks prior to sharing results
• Enhancing existing analyses and projects including further automation, creating new exhibits, utilizing new methods, etc.
• Evaluating the business and creating new analyses to improve overall profitability and performance
• Performing technical reviews and high-level actuarial reviews for others
• Being able to complete challenging tasks independently
• Training and mentoring newer team members as needed – providing technical help as well as educating them on general insurance and actuarial concepts

Qualifications

• Bachelor’s Degree
• 8+ years’ experience in an actuarial role or similar role
• Prior commercial insurance experience with excellent actuarial knowledge
• Advanced Excel skills
• Excellent communication, presentation, and interpersonal skills
• Creative analytical and problem-solving skills
• Excellent time management and prioritization skills
• Responsive, internally motivated, and able to work independently

A compelling candidate will have:

• Bachelor’s Degree in a quantitative field
• FCAS or near FCAS
• Very Strong SQL skills
• Programming knowledge in Python or R also a plus

At Kinsale we offer the following great benefits:

• Competitive salary with performance-based bonus opportunities
• Single and Family Health, Dental and Vision Insurance plans with HSA funds contributed
• Short-Term and Long-Term disability
• Life Insurance
• Matching 401(k) starting day one
• Generous Paid Time Off and Holidays
• Education dollars for training and certifications including full actuarial exam support