Jobs · Finance · New York

Credit Reinsurance Pricing Lead

QBE Insurance · New York, New York, United States · 2 wk ago
HybridFinance$188k–$282k/yrFull-time

Analyzing and Pricing

The position is responsible for analyzing and pricing credit reinsurance treaty business or ad-hoc case pricing for bespoke credit reinsurance business and ensuring conclusions and recommendations are analytically robust and clearly supported by data and models.

Presents complex analyses in a clear, structured manner to both technical and non-technical audiences. Provides support to underwriters to negotiate terms and structures to meet business goals, which may involve supporting underwriters in broker meetings and calls.

Methodologies and Reporting

Maintains and continuously improves credit actuarial methodologies, models, and reporting practices reflective of current credit and geopolitical risk trends. Develops and modifies pricing models. Performs deep-dive portfolio and product analyses, identifying performance drivers, trends, and emerging risks.

Works with the Head of Credit Reinsurance to proactively identify and evaluate opportunities to improve portfolio mix, pricing actions, and underwriting strategies. Conducts monitoring and ad-hoc reporting to track pricing performance, profitability, and variance from expectations.

Stakeholder Relationships

Builds and maintains strong internal and external stakeholder relationships, delivering timely, relevant, and actionable insights. Internal stakeholders include underwriting, claims, finance, and senior leadership. Fosters a culture of technical excellence, accountability, and continuous improvement within the pricing function.

Qualifications

  • Understanding of various Political Risk and/or Credit (re)insurance classes or product knowledge across asset classes: corporate credit, real estate, fund finance, project finance, mortgage finance, structured credit, sovereign lending, emerging markets, Surety.
  • Progressive experience within actuarial or similarly quantitative career, preferably with exposure to pricing Property and Casualty insurance and/or reinsurance.
  • Solid background in (re)insurance, including reserving and/or pricing with a specialization in financial risks or forecast modelling using rating scales and corporate or sovereign default probabilities.
  • Experience in developing and modifying pricing models.
  • Experience working independently and in teams.
  • Experience presenting technical work products to technical and non-technical audiences.
  • Knowledge of programming tools such as VBA, SQL, R, Python.

Compensation and Benefits

The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience.

Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance.

We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits:

  • Hybrid Working – a mix of working from home and in the office 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
  • Competitive 401(k) program with company match up to 8%
  • Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
  • Tuition Reimbursement for professional certifications, and continuing education
  • Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community

To learn more, click here: Benefits | QBE US.

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search for and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.

Equal Employment Opportunity: QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.

This position is not eligible for visa sponsorship.

Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship.

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