A leading reinsurance company based in New York City of talented professionals is committed to delivering innovative and comprehensive risk management strategies across various industries. As they continue to expand their portfolio, they are seeking a skilled Reinsurance Pricing Actuary to join our dynamic team.
Role Overview: As a Reinsurance Pricing Actuary, you will play a crucial role in the assessment, analysis, and pricing of North American Treaty Casualty lines. Your expertise and analytical abilities will be instrumental in supporting the development of reinsurance pricing models, ensuring competitive and profitable solutions for our clients. Your work will significantly impact our company's growth and success in the reinsurance market.
Responsibilities:
Pricing Analysis: Conduct detailed analysis of North American Treaty Casualty lines to determine optimal pricing strategies, taking into account relevant risk factors, market trends, and regulatory considerations.
Model Development: Collaborate with the actuarial team to enhance and maintain sophisticated pricing models, incorporating the latest statistical techniques and industry best practices.
Data Management: Gather, validate, and manipulate large datasets to ensure accurate and relevant information for pricing and risk assessment purposes.
Profitability Assessment: Evaluate reinsurance contracts and their potential impact on the company's profitability, providing recommendations for improvement when necessary.
Risk Assessment: Analyze and quantify potential risks associated with reinsurance agreements, providing valuable insights to underwriters and other stakeholders.
Collaboration: Work closely with underwriters, risk managers, and other internal teams to develop comprehensive reinsurance solutions that align with clients' needs and company objectives.
Market Research: Stay up-to-date with industry trends, competitive landscape, and regulatory changes, and apply this knowledge to inform pricing decisions.
Qualifications:
ACAS/FCAS Preferred: The ideal candidate should have attained an Associate or Fellowship designation from the Casualty Actuarial Society (ACAS/FCAS).
Experience: Demonstrated experience in reinsurance pricing, preferably with exposure to North American Treaty Casualty lines.
Analytical Skills: Strong analytical and problem-solving abilities, with a deep understanding of statistical and actuarial methodologies.
Technical Proficiency: Proficient in using actuarial software and programming languages (e.g., R, Python, SQL) for data manipulation, modeling, and analysis.
Communication: Excellent verbal and written communication skills, enabling effective collaboration and presentation of findings to diverse audiences.
Detail-Oriented: Meticulous attention to detail to ensure accuracy in complex pricing calculations and risk assessments.
Business Acumen: A solid grasp of the reinsurance industry, market dynamics, and business implications.
Team Player: Demonstrated ability to work collaboratively in a team-oriented environment, fostering a positive and supportive work atmosphere.
