Associate ActuaryDenver, CO

About Specialty Program Group: Specialty Program Group (SPG) is the wholesale & MGA division of HUB International (5th Largest Global Broker). SPG acts in a holding company capacity acquiring best in class underwriting businesses to operate independently under discrete brands (portfolio companies).

Position Summary

SPG is looking to expand the organization’s actuarial capabilities. In this position you will have regular contact with peers in the company’s finance department, information technology staff, leadership of the company’s managing general agencies, and SPG leadership. The actuarial department within SPG was created in 2022, this position will be joining the department early in its development and will have the opportunity to put their stamp on the procedures and processes. The role will support business written through traditional agent/carrier relationships, with fronting carriers and backed by reinsurers, as well as alternative risk transfer mechanisms. A successful candidate will report to the company’s Vice President & Actuary

Key Responsibilities

  • Participate in providing requirements and implementing actuarially sound calculations in development of an underwriting dashboard being implemented across all underwriting operations

  • In conjunction with underwriting leadership, develop large account pricing models to be used by underwriters

  • Identify and analyze additional variables to be used in the underwriting and/or rating process

  • Provide an internal view of the underwriting performance of assigned books of business semi-annually

  • Present findings to key stakeholders including SPG management, MGA leadership, carriers, reinsurers, and brokers, as needed

  • Ensure impacts of business activities are effectively identified, measured, and monitored

  • Perform segmentation analyses, implement analytical tools, and provide requirements for analyzing the experience of various products classification systems, rating plans, and catastrophe exposures

  • Aggregate, synthesize, and analyze data from disparate sources drawing actionable conclusions

  • Work collaboratively with the finance department during the budgeting process and on ad-hoc analyses, as needed


  • Bachelor's degree required - preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics, data science

  • Associate of the Casualty Actuarial Society (ACAS) designation

  • Five or more years of experience in a Property & Casualty actuarial role

  • Understanding of reinsurance treaties and structures

  • Advanced Microsoft Excel skill required

  • Knowledge of R, Python, and/or SQL Server preferred

  • Pragmatic problem solver who can apply actuarial concepts to multiple lines of business and varied data sources

Position Location

This role is hybrid working in either Chicago or Denver.

Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $120,000 to $160,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.



Department Accounting & Finance

Required Experience: 5-7 years of relevant experience

Required Travel: Negligible

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at

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About HUB International

Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit