Senior Managing Actuary, Treaty Reinsurance Pricing
for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections that have real specific content. The posting includes: Position Overview (maybe About the role), Responsibilities, Requirements, Compensation (Pay). No explicit Benefits, Schedule (though mentions hybrid work arrangement requiring minimum three days per week in office – that's schedule info). Also maybe Qualifications? The Requirements section includes qualifications; we could treat Requirements as covering qualifications. The instructions: Use headings for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). We should include sections only when posting has real specific content. So we need About the role (position overview), Responsibilities, Requirements, Pay, Schedule (hybrid work arrangement). Possibly also Skills? The posting includes skills within Requirements; but we could keep them under Requirements. Not separate Skills section unless we want to extract. Better to keep as Requirements covering qualifications and skills. Benefits: not mentioned besides compensation; no explicit benefits. So omit Benefits. Qualifications: maybe we could split Requirements into Qualifications and Skills, but we have to avoid thin sections. Probably better to have Requirements covering both. The instruction: "Prefer a few substantive sections over many thin ones." So we will have About the role, Responsibilities, Requirements, Pay, Schedule.
Now we need to format: About the role
then
with the position overview prose. Then
Responsibilities
then- each responsibility. Then
Requirements
then- each requirement. Then
Pay
thenwith compensation range. Then
Schedule
thenwith hybrid work arrangement. We must preserve all substantive information, not invent or summarize away detail. Remove boilerplate. Ensure we don't repeat job title as heading. No Job ID etc. Let's extract the position overview text: "Position Overview Reporting to the U.S. Chief Actuary, the Senior Managing Actuary, Treaty Reinsurance Pricing will build and lead the technical pricing of Ascot’s treaty reinsurance portfolio, delivering rigorous pricing, structuring, and profitability analysis across casualty, professional, and specialty treaty lines. Partnering closely with underwriting leadership and brokers, the Senior Managing Actuary will evaluate individual treaty submissions, shape portfolio strategy, and provide the analytical insight that underpins disciplined capital deployment and profitable growth. This is a high-visibility role that combines deep technical expertise with strong communication and influence across the organization." We'll put that in a
. Responsibilities list: bullet points from "Lead the technical pricing..." through "Mentor and develop junior actuaries...". Let's list each sentence as a bullet. Responsibilities list: - Lead the technical pricing of treaty reinsurance submissions across casualty, professional, and specialty lines, applying both experience and exposure rating methods - Price and evaluate proportional (quota share and surplus) and non-proportional (excess of loss) treaty and automatic facultative structures, including terms, conditions, limits, retentions, and reinstatement provisions - Develop, maintain, and enhance actuarial pricing models and tools to improve the accuracy, consistency, and efficiency of the pricing process - Incorporate catastrophe and other model output, loss-cost trends, and inflation into pricing to appropriately reflect peak-peril exposures - Partner with underwriting leadership and brokers on deal structuring, portfolio strategy, and profitability assessment for new and renewal business - Act as a key resource to senior leadership in monitoring and management portfolio of accounts - Clearly communicate pricing recommendations, technical opinions, and analytical insights to underwriters, brokers, and senior management - Monitor rate adequacy, pricing trends, and portfolio performance, surfacing emerging findings to inform underwriting and business strategy - Contribute to portfolio roll-up and aggregation, and collaborate with reserving and capital teams to support planning, reserving, and profitability reviews - Ensure pricing work adheres to Actuarial Standards of Practice, CAS professional standards, and internal pricing governance and controls - Mentor and develop junior actuaries and analysts, sharing technical knowledge and best practices across the team - Commit to The Ascot Way : Demonstrate The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability Note: The last bullet includes a colon and maybe we keep as is. Requirements list: bullet points from "A bachelor’s degree..." through "Hybrid work arrangement requiring a minimum of three days per week in the office". Also includes "Commitment to continuous learning and to developing the technical and professional skills of the broader team". Let's list each. Requirements: - A bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related field with a strong mathematical background is required - Associate of the Casualty Actuarial Society (ACAS) required; Fellow of the Casualty Actuarial Society (FCAS) preferred - Minimum of 12 years of relevant property & casualty actuarial experience, with 15 or more years preferred - Demonstrated experience in treaty reinsurance pricing, including experience and exposure rating across property, casualty, and specialty lines, is strongly preferred - Strong command of reinsurance pricing techniques and treaty structures (quota share, surplus, and excess of loss), including catastrophe loading and interpretation of catastrophe model output - Excellent written and verbal communication skills, with a proven ability to explain complex technical concepts clearly and persuasively to underwriters, brokers, and senior leadership - Proficiency with actuarial and data tools such as Excel, together with one or more of R, Python, or SQL; familiarity with reinsurance pricing platforms is a plus - Strong analytical and problem-solving skills, with meticulous attention to detail and sound actuarial judgment - Ability to manage multiple priorities and deliver high-quality analysis under time-sensitive renewal deadlines - Collaborative team player who builds effective partnerships across underwriting, claims, reserving, and capital functions - Hybrid work arrangement requiring a minimum of three days per week in the office - Commitment to continuous learning and to developing the technical and professional skills of the broader team Pay: The posting says: "Compensation Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include an annual cash bonus and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $230,000 - $250,000" We need to preserve all substantive information. So we include that paragraph. Schedule: The hybrid work arrangement is already in Requirements but we could also put in Schedule section. However we must not duplicate content. The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." If we put hybrid work arrangement in both Requirements and Schedule, that's duplication. Better to keep it only once. Since Schedule section is about work schedule, we could move that bullet to Schedule and remove from Requirements. But then we lose that detail from Requirements? The requirement list includes hybrid work arrangement as a requirement; it's also schedule info. We could keep it under Requirements and not have a separate Schedule section, but the instruction says include a section ONLY when the posting has real, specific content for it. The posting does have schedule info (hybrid work arrangement). So we should have a Schedule section. However we must not duplicate. We could keep the hybrid work arrangement detail only under Schedule, and remove from Requirements. But then we lose that as a requirement; but it's still present in the document under Schedule. The requirement list originally includes that bullet; we could keep it there as well but that would be duplication. The instruction says preserve ALL substantive information; duplication is not prohibited but might be considered redundant. It says "do NOT invent or summarize away detail." Duplication is not inventing or summarizing away; it's repeating. Might be okay but better to avoid duplication. We could keep it under Requirements and not have Schedule, but then we miss a Schedule section despite having schedule info. The instruction: "include a section ONLY when the posting has real, specific content for it". It doesn't say we must move it; we could still have Schedule section with that content, and we could also keep it in Requirements if we want, but that would be duplication. I'd prefer to avoid duplication: put hybrid work arrangement under Schedule, and remove from Requirements. Then we need to adjust Requirements list accordingly (remove that bullet). Let's do that. Thus Requirements list will be all bullets except the hybrid work arrangement and commitment to continuous learning? Actually commitment to continuous learning is also a requirement; we keep it. So Requirements bullets: - A bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related field with a strong mathematical background is required - Associate of the Casualty Actuarial Society (ACAS) required; Fellow of the Casualty Actuarial Society (FCAS) preferred - Minimum of 12 years of relevant property & casualty actuarial experience, with 15 or more years preferred - Demonstrated experience in treaty reinsurance pricing, including experience and exposure rating across property, casualty, and specialty lines, is strongly preferred - Strong command of reinsurance pricing techniques and treaty structures (quota share, surplus, and excess of loss), including catastrophe loading and interpretation of catastrophe model output - Excellent written and verbal communication skills, with a proven ability to explain complex technical concepts clearly and persuasively to underwriters, brokers, and senior leadership - Proficiency with actuarial and data tools such as Excel, together with one or more of R, Python, or SQL; familiarity with reinsurance pricing platforms is a plus - Strong analytical and problem-solving skills, with meticulous attention to detail and sound actuarial judgment - Ability to manage multiple priorities and deliver high-quality analysis under time-sensitive renewal deadlines - Collaborative team player who builds effective partnerships across underwriting, claims, reserving, and capital functions - Commitment to continuous learning and to developing the technical and professional skills of the broader team Schedule section:
Hybrid work arrangement requiring a minimum of three days per week in the office
Now About the role: we have the position overview paragraph. Now we need to output only HTML fragment, no /, no markdown. Let's craft:About the role
Position Overview Reporting to the U.S. Chief Actuary, the Senior Managing Actuary, Treaty Reinsurance Pricing will build and lead the technical pricing of Ascot’s treaty reinsurance portfolio, delivering rigorous pricing, structuring, and profitability analysis across casualty, professional, and specialty treaty lines. Partnering closely with underwriting leadership and brokers, the Senior Managing Actuary will evaluate individual treaty submissions, shape portfolio strategy, and provide the analytical insight that underpins disciplined capital deployment and profitable growth. This is a high-visibility role that combines deep technical expertise with strong communication and influence across the organization.
Responsibilities
- Lead the technical pricing of treaty reinsurance submissions across casualty, professional, and specialty lines, applying both experience and exposure rating methods
- Price and evaluate proportional (quota share and surplus) and non-proportional (excess of loss) treaty and automatic facultative structures, including terms, conditions, limits, retentions, and reinstatement provisions
- Develop, maintain, and enhance actuarial pricing models and tools to improve the accuracy, consistency, and efficiency of the pricing process
- Incorporate catastrophe and other model output, loss-cost trends, and inflation into pricing to appropriately reflect peak-peril exposures
- Partner with underwriting leadership and brokers on deal structuring, portfolio strategy, and profitability assessment for new and renewal business
- Act as a key resource to senior leadership in monitoring and management portfolio of accounts
- Clearly communicate pricing recommendations, technical opinions, and analytical insights to underwriters
- each requirement. Then