Ategrity Specialty Insurance Company
Property By-Peril Pricing Analyst - Chicago
Ategrity Specialty Insurance Company, Chicago, Illinois, United States
Property By-Peril Pricing Analyst – Chicago
Ategrity Specialty Insurance Company specializes in property, casualty, management liability, and professional liability insurance, with a strong emphasis on the excess and surplus (E&S) lines market. We partner with brokers and wholesale agents across the U.S. to deliver thoughtful insurance solutions for small and medium-sized enterprises. Our goal is to lead the E&S market through technical excellence, product innovation, and a culture that values precision, collaboration, and integrity. Position:
Property By-Peril Pricing Analyst Location:
Chicago, IL or Des Moines, IA Team Vision
The Pricing Strategy & Underwriting Analytics team is responsible for delivering pricing infrastructure, actuarial rigor, and strategic insights that help shape underwriting decisions, product evolution, and portfolio performance. Our work balances technical excellence with commercial understanding. We emphasize transparency, strong documentation practices, and alignment with ASOP standards. Position Overview
This role is ideal for an insurance analyst with 2–7 years of experience who has expertise in commercial property by-peril pricing. You’ll play a critical role in shaping how we assess property risk by combining technical pricing methods with insights from catastrophe (CAT) models. While you won’t be responsible for running the models, you will need to understand their assumptions and outputs, and be able to interpret results for use in pricing, risk selection, and portfolio management. You’ll work closely with Underwriting, Product, and IT teams to design by-peril rating structures, validate property pricing logic, and translate complex technical findings into practical business decisions. This position offers the opportunity to influence pricing transformation by ensuring our property risk assessment is both technically rigorous and commercially aligned. Depending on experience, you may take ownership of specific property analyses, mentor junior analysts, and contribute to a culture of transparency, precision, and execution. Key Responsibilities
Develop property pricing plans by peril, including rate indications, expense loading, trend analysis, and risk factor design. Incorporate insights from catastrophe (CAT) model outputs into pricing analyses to ensure risk-adequate, market-responsive rates. Create transparent and well-documented pricing models that align with product structures and underwriting goals. Maintain clear documentation of all assumptions, methods, and limitations per ASOP standards. Cross-Functional Collaboration
Work directly with Underwriting and Product teams to align pricing strategy with market needs. Serve as an internal translator between technical and non-technical stakeholders. Peer review code and model logic created by developers or junior actuaries. Technical & Analytical Work
Use SQL, Excel, Python or R to manipulate data, validate assumptions, and test models. Conduct analyses related to rate change impacts, competitive position, retention/conversion, and loss performance. Support development of rating tools and Excel-based calculators used by Underwriters. Communication & Governance
Draft footnotes and model summaries that explain outputs clearly and anticipate how work will be used. Ensure all work products can be reviewed independently, reused accurately, and understood outside the actuarial function. Present recommendations to leadership and articulate trade-offs across options. What Success Looks Like
Rate plans are implemented accurately and produce predictable outcomes. Stakeholders understand how pricing models work and how to use them. Documentation aligns with actuarial standards and prevents misuse of analysis. Projects move forward efficiently because communication is clear and decisions are well-supported. Qualifications
3–7 years of experience in P&C insurance pricing, underwriting analytics, or insurance product development. Proven ability to analyze large datasets and apply insights to pricing or business strategy. Advanced proficiency in SQL and Excel; familiarity with Python, R, or VBA a plus. Experience supporting or validating pricing models, including logic audits and QA. Familiarity with commercial property insurance, including E&S property markets, by-peril rating, and catastrophe risk considerations. Strong communication skills with the ability to document assumptions, methods, and recommendations clearly. Comfortable working independently and collaboratively to structure ambiguous problems and explain technical findings to non-technical stakeholders. Industry designations (e.g., FCAS, ACAS, CPCU, ARM, AU) or progress toward actuarial exams are a plus, but not required. Ability to travel once per quarter for meetings. Competitive salary commensurate with experience. Comprehensive benefits package including medical, dental, and vision coverage. 401(k) retirement savings plan with employer match. Paid time off and company holidays. Collaborative and inclusive work environment with opportunities for career growth and advancement. Ategrity Specialty Insurance Company is an equal opportunity employer and values diversity in the workplace. We encourage candidates from all backgrounds to apply.
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Ategrity Specialty Insurance Company specializes in property, casualty, management liability, and professional liability insurance, with a strong emphasis on the excess and surplus (E&S) lines market. We partner with brokers and wholesale agents across the U.S. to deliver thoughtful insurance solutions for small and medium-sized enterprises. Our goal is to lead the E&S market through technical excellence, product innovation, and a culture that values precision, collaboration, and integrity. Position:
Property By-Peril Pricing Analyst Location:
Chicago, IL or Des Moines, IA Team Vision
The Pricing Strategy & Underwriting Analytics team is responsible for delivering pricing infrastructure, actuarial rigor, and strategic insights that help shape underwriting decisions, product evolution, and portfolio performance. Our work balances technical excellence with commercial understanding. We emphasize transparency, strong documentation practices, and alignment with ASOP standards. Position Overview
This role is ideal for an insurance analyst with 2–7 years of experience who has expertise in commercial property by-peril pricing. You’ll play a critical role in shaping how we assess property risk by combining technical pricing methods with insights from catastrophe (CAT) models. While you won’t be responsible for running the models, you will need to understand their assumptions and outputs, and be able to interpret results for use in pricing, risk selection, and portfolio management. You’ll work closely with Underwriting, Product, and IT teams to design by-peril rating structures, validate property pricing logic, and translate complex technical findings into practical business decisions. This position offers the opportunity to influence pricing transformation by ensuring our property risk assessment is both technically rigorous and commercially aligned. Depending on experience, you may take ownership of specific property analyses, mentor junior analysts, and contribute to a culture of transparency, precision, and execution. Key Responsibilities
Develop property pricing plans by peril, including rate indications, expense loading, trend analysis, and risk factor design. Incorporate insights from catastrophe (CAT) model outputs into pricing analyses to ensure risk-adequate, market-responsive rates. Create transparent and well-documented pricing models that align with product structures and underwriting goals. Maintain clear documentation of all assumptions, methods, and limitations per ASOP standards. Cross-Functional Collaboration
Work directly with Underwriting and Product teams to align pricing strategy with market needs. Serve as an internal translator between technical and non-technical stakeholders. Peer review code and model logic created by developers or junior actuaries. Technical & Analytical Work
Use SQL, Excel, Python or R to manipulate data, validate assumptions, and test models. Conduct analyses related to rate change impacts, competitive position, retention/conversion, and loss performance. Support development of rating tools and Excel-based calculators used by Underwriters. Communication & Governance
Draft footnotes and model summaries that explain outputs clearly and anticipate how work will be used. Ensure all work products can be reviewed independently, reused accurately, and understood outside the actuarial function. Present recommendations to leadership and articulate trade-offs across options. What Success Looks Like
Rate plans are implemented accurately and produce predictable outcomes. Stakeholders understand how pricing models work and how to use them. Documentation aligns with actuarial standards and prevents misuse of analysis. Projects move forward efficiently because communication is clear and decisions are well-supported. Qualifications
3–7 years of experience in P&C insurance pricing, underwriting analytics, or insurance product development. Proven ability to analyze large datasets and apply insights to pricing or business strategy. Advanced proficiency in SQL and Excel; familiarity with Python, R, or VBA a plus. Experience supporting or validating pricing models, including logic audits and QA. Familiarity with commercial property insurance, including E&S property markets, by-peril rating, and catastrophe risk considerations. Strong communication skills with the ability to document assumptions, methods, and recommendations clearly. Comfortable working independently and collaboratively to structure ambiguous problems and explain technical findings to non-technical stakeholders. Industry designations (e.g., FCAS, ACAS, CPCU, ARM, AU) or progress toward actuarial exams are a plus, but not required. Ability to travel once per quarter for meetings. Competitive salary commensurate with experience. Comprehensive benefits package including medical, dental, and vision coverage. 401(k) retirement savings plan with employer match. Paid time off and company holidays. Collaborative and inclusive work environment with opportunities for career growth and advancement. Ategrity Specialty Insurance Company is an equal opportunity employer and values diversity in the workplace. We encourage candidates from all backgrounds to apply.
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