Join a leading global insurance and reinsurance organization as a Senior Treaty Pricing Actuary. This role offers a unique opportunity to work closely with underwriters, applying actuarial expertise to evaluate reinsurance proposals across diverse lines of business.
Role Overview
The Senior Treaty Pricing Actuary will assess treaty reinsurance opportunities using advanced actuarial methods, internal and external data analysis, and direct collaboration with underwriters. This position emphasizes a balance between analytical acumen and business-oriented decision-making.
Key Responsibilities
- Evaluate treaty reinsurance opportunities for multiple lines of business, including property, general casualty, professional lines, A&H, and surety.
- Develop pricing recommendations using sound actuarial methodologies with minimal supervision.
- Enhance pricing frameworks by leveraging internal and external data sets to identify actionable insights.
- Communicate analysis results effectively with underwriters, senior management, and external clients.
- Participate in underwriting audits and client meetings to provide pricing perspectives.
- Update pricing model parameters, including trends, loss distributions, and development factors.
- Provide regular price monitoring and reporting information.
- Stay informed on industry developments impacting pricing strategies and practices.
- Contribute to model development, predictive analytics, and data visualization initiatives.
- Mentor and lead junior colleagues, fostering a collaborative and growth-oriented team environment.
Qualifications
Required:
- Bachelor’s degree in Mathematics, Actuarial Science, or a related field.
- At least 7 years of actuarial experience, with a focus on reinsurance pricing.
- ACAS or FCAS designation.
- Strong mathematical and analytical skills, with experience handling diverse lines of business.
- Proficiency in Microsoft Excel.
- Ability to analyze complex reinsurance submissions and develop creative, sound conclusions.
- Excellent communication skills to interact with internal teams, brokers, and clients.
Preferred:
- Experience in property and marine reinsurance pricing.
- Proficiency in VBA, R, Python, SQL, or similar programming languages.
- Familiarity with predictive modeling and data visualization tools.
This position offers the chance to work in a dynamic, innovative environment, contributing to meaningful business decisions while enhancing your technical and leadership skills. Be part of a global organization that values expertise, collaboration, and forward-thinking solutions.
