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AF
AmTrust Financial Services, Inc.
Business Analyst II, Underwriting
Career Insights for Business Analyst (General)
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Based on New Hampshire data
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What they do
A Business Analyst provides strategic management consulting to companies and businesses. Advises on ways to improve operations, increase efficiency, reduce costs and increase revenues; may recommend systems or organizational change. May specialize in an area of business practice or a specific industry; may also specialize in consulting with government agencies.
$97,789 / year median in New Hampshire
-27% projected decline
Job Description
Overview This role provides critical support to the Head of Department (AVP) by driving analytical insights, monitoring pricing strategies, and managing key initiatives that influence profitability and growth. Acting as an extension of leadership, the position ensures execution of strategic priorities—such as model development, agency expansion, and behavioral analytics—while delivering actionable reporting and industry expertise to enable informed decision-making and operational efficiency.
Responsibilities Analytical & Reporting:
- Monitor and track pricing model initiatives and new business/renewal strategies
- Develop and maintain Power BI (PBI) reports for performance monitoring
- Provide regular updates on pricing strategies and adherence to budget targets
- Manage and support DE rule monitoring and compliance
- Analyze submission data to understand drivers of bind likelihood and pricing influence
Industry & Strategic Support:
- Support Excess Workers' Compensation (WC) initiatives and related projects
- Collaborate on Behavioral Analytics programs
- Assist in Agency plant expansion efforts in partnership with distribution teams
- Evaluate and understand levers influencing quote to bind, RNS rate, available-to-renew, and retention metrics
- Deep understanding of key performance indicators and line of business expertise to positively influence
KPIs Additional Contributions:
- Participate in ad hoc projects (e.g., partnerships, software collaborations)
- Work closely with APM and Data Science teams on model development (pricing, quote-to-bind, renewal retention)
- Provide insights and recommendations to improve underwriting and pricing processes
Qualifications Required:
- 3+ years experience in workers compensation related field, with focus on Underwriting/Product Management/Actuarial or Data Science.
- Communication skills are paramount, both written, oral and presentations
- Strong analytical skills with proficiency in Power BI/SQL and data visualization
- Ability to interpret complex data and translate into actionable strategies
- Solid understanding of WC insurance products and industry practices
- Collaborative mindset for cross-functional projects and agency growth initiatives This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position.