Treaty Pricing Actuary

Role Description

The Treaty Pricing Actuary works with client data to support underwriters and account executives in evaluating and pricing a range of treaty coverages and structures. The role also engages directly with clients to assess trends, test pricing adequacy, and solve business problems. The candidate would exhibit the following characteristics:

• High energy, responds with a sense of urgency
• Has attention to detail and commitment to quality
• Illustrates intellectual curiosity
• Displays clear written and oral communication skills for people with varying technical backgrounds
• Is open-minded but able and willing to defend and advocate for your conclusions
• Maintains an analytic approach even where judgment plays a role
• Welcomes new learning opportunities
• Is adaptable to changing business demands and circumstances

Primary Responsibilities

• Demonstrate technical capabilities, which include:
• The ability to assess and analyze exposure to losses
• The ability to understand primary insurance policy coverage
• The ability to understand primary insurance rate making
• The ability to evaluate client and product experience
• The ability to interpret reinsurance treaty language and coverage intent
• The ability to determine reinsurance pricing based on model outputs, and interaction with members of the account team
• The ability to interpret insurance company financial statements and how financials relate to reinsurance purchasing decisions
• Perform pricing analysis across proportional and non-proportional structures - quota share, surplus share, and excess of loss
• Perform data analysis and develop analytics that enhance our understanding of the industry and of our clients

Role Qualifications and Experience

• We welcome candidates across a range of experience levels; however, a minimum of 8 years of relevant experience is required in the insurance/reinsurance industry.
• ACAS/FCAS preferred.
• Experience in P&C pricing, preferably reinsurance pricing.
• Casualty lines experience is preferred.
• Demonstrated ability to work effectively within differing team structures.
• Demonstrated ability to work calmly and effectively under time constraints.
• Strong time management and organizational skills.
• Attention to detail.
• Excellent computer proficiency with Microsoft Office Suite.
• Proficiency with statistical or data-analysis language such as R, Python, or SQL is a plus.
• Knowledge of/c experience with catastrophe models is a plus.
• Self-starter and ability to multi-task.
• Excellent communication and presentation skills.

Pay

Salary Range: $150,000.00 - $250,000.00 USD

Contact Information

General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (US)