Reinsurance Actuary, Pricing & Modeling
The Treaty Pricing Actuary performs pricing, analysis, model development and maintenance, predictive modeling, industry analysis and performance metrics reporting. The pricing actuary works with client data to assist underwriters and account executives to evaluate and price various treaty coverage lines and structures. The pricing actuary also engages with clients to evaluate trends, pricing adequacy and to solve business problems. The ideal candidate would exhibit the following characteristics: high energy, sense of urgency, attention to detail and commitment to quality, intellectual curiosity, clear written and oral communication skills for people with varying technical backgrounds , open minded but able and willing to defend and advocate for your conclusions, maintains an analytical approach even where judgement plays a role, comfortable working with great uncertainty and incomplete data, welcomes new learning opportunities, and adaptable to changing business demands and circumstances. Essential Functions:Understands quantitative conceptsDeveloping models or improving current models for both actuarial and underwriter usage, as business needs arise.Performing data analysis and analytics that enhance our understanding of the industry and of our clients.Working on project teams as needed.Parameterizing rating tools.Pricing treaty reinsurance opportunities.Working with marketers and underwriters in a collaborative setting to meet client needs.Desired Skills and Experience* At least five years of experience in the P&C industry.* Experience in P&C reinsurance pricing or large account primary insurance pricing.* Familiarity with reinsurance pricing issues, coverage issues, and external factorsthat would affect profitability for multiple lines of business.* Programming experience in VBA, R, Python, SQL or similar.* Experience developing actuarial models.* ACAS or near ACAS. Committed to attaining FCAS.* Predictive Modelling experience is desirable but not required.