AVP, Actuary

This role is based in New York, NY and is a hybrid position requiring at least three days a week in the office.

About the role

This position supports reinsurance actuarial services by working with brokers, performing risk analyses, guiding junior team members, and maintaining key client and market relationships.

Responsibilities

• Communicates directly with brokers regarding client needs and advises on reinsurance programs based on risk tolerance and industry trends.
• Performs calculations using specialty models and client data to assess risk exposures and project outcomes.
• Reviews client data for reasonableness, loads data into predictive models, runs analyses, and shares results with brokers to support the reinsurance transaction process.
• Directs junior team members in analyzing industry and regulatory developments that may affect loss liabilities and client outcomes.
• Independently builds more complex MetaRisk analyses and uses the model to explain assumptions and results.
• Establishes and maintains relationships with brokers, reinsurers, and clients to support new business development in reinsurance actuarial services.

Requirements

• Bachelor’s degree in Actuarial Science, Data Science, Economics, Accounting, Physics, or a related field.
• 2+ years of actuarial or related experience in underwriting, brokerage, or P&C insurance, with at least one actuarial exam completed.
• Curious, proactive, and growth-oriented, with the ability to lead internal initiatives and research projects to completion.
• Strong communication and presentation skills, with the ability to explain complex technical concepts clearly to brokers and clients.
• Collaborative, team-oriented, and proficient in MS Excel and other Microsoft Office products.

Qualifications

• 1+ year of experience or internship in insurance or reinsurance.
• Progress towards CIS track.
• Familiarity with R, Python, SQL, Alteryx, or Power BI.

Benefits

• Professional development opportunities, interesting work, and supportive leaders.
• Vibrant and inclusive culture with talented colleagues.
• Career opportunities, benefits, and rewards to enhance well-being.
• Health and welfare benefits, tuition assistance, 401K savings and other retirement programs, and employee assistance programs.

Pay

The applicable base salary range for this role is $84,700 to $155,400. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.