Director & Actuary, Global Reinsurance

The HartfordHartford, CT
51dHybrid

About The Position

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future. Navigators Re ("NavRe") is a global, underwriting-driven, specialist reinsurer. Since its start in 2010, NavRe has achieved steady growth, profitability and product diversification. We write assumed treaty reinsurance for Property, Casualty, Professional Liability, Group Life and Benefits (focused in Latin America), Agriculture, Surety, Political Risk and Trade Credit from locations worldwide. NavRe is a brand of The Hartford (NYSE: HIG), a recognized leader in property and casualty insurance for Commercial Lines, Personal Lines, Group Benefits and Mutual Funds.

Requirements

  • 10+ years of Commercial/Reinsurance pricing experience.
  • ACAS/FCAS designation.
  • Strong technical, analytical and data skills.
  • Excellent written and verbal communication skills, with the ability to convey technical concepts to audiences of various levels and diverse technical backgrounds.
  • Self-motivation, creativity, & project/customer management skills.
  • Flexibility and willingness to adapt to changing priorities.
  • BA or BS degree, preferably in mathematics, actuarial science, statistics or related field of study.

Nice To Haves

  • Reinsurance experience strongly preferred.

Responsibilities

  • Serve as the lead pricing actuary supporting US & International Property products.
  • Develop and maintain best-in-class non-cat pricing and modeling tools for the business.
  • Implement pricing model parameter updates, considering segment specific parameters where applicable.
  • Identify areas for model enhancement and consolidation.
  • Support pricing for new and renewal treaties across both Property and US Casualty including:
  • Lead and peer review treaty pricing where significant non-cat exposure exists.
  • Work with underwriters to develop timely and accurate pricing recommendations.
  • Properly document pricing decisions, including the evaluation of risk transfer.
  • Regularly evaluate regional/product profitability, identifying over or under performing segments.
  • Conduct pricing audits to assess model usage and recommend solutions to ensure pricing accuracy.
  • Provide guidance and input into the quarterly reserve and annual planning cycles.

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What This Job Offers

Job Type

Full-time

Career Level

Director

Industry

Insurance Carriers and Related Activities

Number of Employees

5,001-10,000 employees

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