Business Unit Actuary

Gen Re•Stamford, CT
•Hybrid

About The Position

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 38 offices, we have earned superior financial strength ratings from each of the major rating agencies. Gen Re currently offers an excellent opportunity for a Business Unit Actuary to work in our Stamford office. This is a hybrid role with 3 days in the office. Remote work arrangements may be considered for appropriately qualified candidates.

Requirements

  • University degree is required.
  • Five or more years actuarial P&C experience in insurance or reinsurance.
  • Reserving experience is a plus.
  • Fluency in Excel, Access, Power BI, etc.
  • SQL, VBA, and R/Python knowledge highly desirable.

Nice To Haves

  • Prefer a major course of study in actuarial science, statistics or mathematics.
  • ACAS or FCAS designation is preferred.

Responsibilities

  • Lead reserving analyses for assigned P&C reinsurance lines, including IBNR estimation, reserve reviews, experience analysis, assumption selection, documentation, and communication of results to underwriting, claims, finance, and management.
  • Provide key contributions to reserving system and process improvement initiatives, including involvement in corporate initiatives such as financial and accounting system development.
  • Lead the design, development, and ongoing enhancement of reserving dashboards used to monitor key actuarial metrics, including IBNR, loss development, Actual vs. Expected, selected and indicated loss ratios, ultimate loss estimates, premium trends, and reserve movements across assigned lines of business.
  • Provide technical and analytical leadership through advanced use of Excel, Access, SQL, Power BI, VBA, R/Python, and other tools to improve actuarial processes, reporting, automation, and analysis. This includes the application of emerging AI technologies.
  • Partner with IT, Finance, Internal Audit, external auditors, and business stakeholders to resolve data quality issues, support audit/control requirements, and ensure reserving processes are accurate, repeatable, and well-documented.

Benefits

  • medical, dental, and vision coverage
  • a retirement plan
  • paid time off
  • sick leave
  • holidays
  • bonus or incentive compensation
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