Reinsurance Assistant Actuary (Primarily Home)
American Family Insurance · Madison, WI · 1 wk ago
RemoteRemoteFinance$113k–$194k/yrFull-time
Responsibilities
- Develop relationships with important partners and provide insights and solutions to address specific business concerns.
- Explore new concepts, statistical models, and data sources to provide solutions for the business.
- May contribute to all aspects of pricing, lead the recurring process, facilitate the pricing strategy, and help develop pricing for new products and rating structures.
- Monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.
- Analyze the profitability of assumed property & casualty treaty reinsurance opportunities.
- Create a collaborative, performance-driven work environment by promoting trust, transparency, and inclusion.
- Collaborate with Underwriting and the rest of the Pricing & Analytics team to help with submissions and potential deals.
Requirements
- Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).
- Prior reinsurance experience strongly preferred, but candidates with strong primary pricing experience, especially large account pricing, will also be considered.
- Demonstrated experience providing customer-driven solutions, support or service.
- Demonstrated experience analyzing assumed reinsurance treaties.
- Solid knowledge and understanding of complex insurance and reinsurance structures.
- Solid knowledge and understanding of property and casualty products, pricing, rates and industry trends.
- Solid knowledge and understanding of the global reinsurance industry and its markets.
- Demonstrated experience with Excel, SQL, Python, and basic programming.
- Solid knowledge of catastrophe models.
- Extensive knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques.
- Solid knowledge and understanding of data models and database design and development concepts.
Travel Requirements
Up to 10%.