Actuary - Surplus & Specialty Morristown, Jersey , or Remote

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website:

The Surplus & Specialty Division is seeking a dynamic and innovative actuary to join the team. This role will focus on pricing-related activities for Surplus & Specialty lines of business, supporting the Binding Authority business unit within the division. Reporting to the VP, Head of S&S Pricing, this position offers the opportunity to work in an entrepreneurial environment with the benefits of a smaller organization (interacting directly with all points from executive to customer, your work impacts the bottom line, visibility throughout the organization), but the security, stability, and opportunity of a large conglomerate.

What you will do:

• Perform profitability studies and provide business insight for the supported business units, including Binding Authority and other Surplus & Specialty lines.
• Develop, maintain, and enhance predictive rating models and pricing tools tailored to the unique needs of the Surplus & Specialty market.
• Provide actuarial large account pricing support to underwriters and business units to ensure competitive and profitable pricing.
• Analyze the book results to identify performance outliers, monitor portfolio health, and uncover growth opportunities.
• Collaborate with underwriting and leadership teams to develop and execute pricing and underwriting strategies for profitable growth.
• Participate in the development of new products, provide due diligence on new business opportunities, and support regulatory initiatives as needed.

What you will bring to C&F:

• BS in Mathematics, Actuarial Science, Finance, Economics, or a related major.
• 7+ years of Commercial P&C Actuarial Pricing experience, with a focus on Surplus & Specialty lines preferred.
• Experience in commercial lines such as GL, Property, and Excess is highly preferred.
• ACAS or FCAS preferred.
• Proficiency in MS Office products as well as SQL.
• Knowledge of Rand experience with predictive modeling techniques is strongly preferred.
• Strong interpersonal and communication skills, both verbal and in writing.
• The ability to clearly explain actuarial results and drivers to business partners.
• Ability to work efficiently both independently and in a group setting.
• Ability to manage time effectively, prioritize tasks, and consistently meet deadlines.
• Positive “do what it takes” attitude.

• Competitive compensation package
• Generous 401K employer match
• Employee Stock Purchase plan with employer matching
• Generous Paid Time Off
• Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
• A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
• A dynamic, ambitious, fun and exciting work environment
• We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community

At C&F you will BELONG

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