Treaty Pricing Actuary

Gen Re Corporation • Stamford, CT

3d • $150,000 - $250,000 • Hybrid

About The Position

The Treaty Pricing Actuary works with client data to support underwriters and account executives in evaluating and pricing a range of treaty coverages and structures. The role also engages directly with clients to assess trends, test pricing adequacy, and solve business problems. The candidate would exhibit the following characteristics: High energy, responds with a sense of urgency, has attention to detail and commitment to quality, intellectual curiosity, clear written and oral communication skills for people with varying technical backgrounds, is open minded but able and willing to defend and advocate for your conclusions, maintains an analytic approach even where judgment plays a role, is comfortable working with great uncertainty and incomplete data, welcomes new learning opportunities, and is adaptable to changing business demands and circumstances.

Requirements

• A minimum of 8 years of relevant experience is required in insurance/reinsurance industry.
• Experience in P&C pricing, preferably reinsurance pricing.
• Demonstrated ability to work effectively within differing team structures.
• Demonstrated ability to work calmly and effectively under time constraints.
• Strong time management and organizational skills.
• Attention to detail.
• Excellent computer proficiency with Microsoft Office Suite
• Self-starter and ability to multi-task.
• Excellent communication and presentation skills.

Nice To Haves

• ACAS/FCAS preferred.
• Casualty lines experience is preferred.
• Proficiency with statistical or data-analysis language such as R, Python, or SQL is a plus
• Knowledge of/ experience with catastrophe models is a plus.

Responsibilities

• Demonstrate technical capabilities, which include: The ability to assess and analyze exposure to loss, Understanding primary insurance policy coverage, Understanding of primary insurance rate making, Ability to evaluate client and product experience, Experience with aggregate and stochastic loss models using frequency and severity distributions, and run stress tests and forecasts to assess treaty profitability and volatility, Capable of interpreting reinsurance treaty language and coverage intent, Ability to determine reinsurance pricing based on model outputs, and interaction with members of the account team, Insurance company financial statement knowledge and how financials relate to reinsurance purchasing decision
• Perform pricing analysis across proportional and non-proportional structures – quota share, surplus share, and excess of loss
• Perform data analysis and develop analytics that enhance our understanding of the industry and of our clients.

Benefits

• Excellent opportunity
• Hybrid role with 3 days in the office and 2 days remote
• Celebrate diversity and are committed to creating an inclusive environment for all employees.
• Afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law.
• Provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed