Treaty Pricing and Underwriting Actuary

Primary Responsibilities

• Demonstrate strong technical capabilities, including:
• Assessing and analyzing exposure to losses
• Understanding primary insurance policy coverage
• Understanding primary insurance rate making
• Evaluating client and product experience
• Interpreting reinsurance treaty language and coverage intent
• Determining reinsurance pricing based on model outputs and interaction with the account team
• Applying knowledge of insurance company financial statements and how financials relate to reinsurance purchasing decisions
• Perform pricing analysis on treaty reinsurance business across various lines.
• Develop analytics that enhance our understanding of the industry and of our clients.
• Progressively take on underwriting responsibilities—assessing, structuring, and pricing new and renewal treaty business.
• Build and broaden client relationships, partnering with underwriters and account executives.

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.
• A genuine desire to broaden beyond actuarial work and grow into underwriting and wider commercial roles.
• Familiarity with multiple lines of business, including reinsurance pricing issues, coverage issues, and external factors impacting profitability.
• Experience in P&C pricing, preferably reinsurance pricing.
• 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, with attention to detail.
• Strong math and analytical skills.
• Excellent computer proficiency with the Microsoft Office Suite.
• Knowledge of or experience with catastrophe models is a plus.
• Self-starter with the ability to multi-task.
• Excellent communication and presentation skills.
• Some travel expected.