Associate Actuary

TransReNew York, NY
Hybrid

About The Position

Since 1977, TransRe has delivered first-class solutions to insurers worldwide by combining global reach with local decision-making. We have built customer and broker relationships on years of trust, experience, and execution. Through our people, our products, and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. We have the following job opportunity in our New York City office: The Associate Actuary will work within the Pricing team in New York City and will report to a Senior Pricing Actuary. This role will work directly with Underwriting teams to evaluate deals and advise on final decision-making process. There will be great visibility to senior leadership in both the Underwriting and Actuarial teams.

Requirements

  • 10+ years of experience of actuarial pricing in the P&C insurance or reinsurance industry
  • Reinsurance experience is strongly preferred
  • ACAS or FCAS designation
  • Proficiency in Excel, including working with large datasets using PivotTables and PivotCharts
  • Demonstrated experience advising underwriters on deal pricing
  • Strong ability to communicate and collaborate with cross-functional stakeholders

Responsibilities

  • Pricing Reinsurance treaties & certificates for traditional casualty and professional liability
  • Participating in client visits & audits
  • Conducting annual profitability studies
  • Quarterly reserving work
  • Parameter studies of loss trend, loss development factors, increased limits factor
  • Assisting in portfolio analytics
  • Supporting ad-hoc actuarial projects

Benefits

  • comprehensive benefits package
  • paid time off
  • incentive pay opportunity
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