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Reinsurance Actuary – Hybrid

Reinsurance Actuary – Hybrid

CompanyAmerican Family Insurance Group
LocationMadison, WI, USA, Boston, MA, USA
Salary$111000 – $190000
TypeFull-Time
Degrees
Experience LevelSenior, Expert or higher

Requirements

  • Demonstrated experience providing customer-driven solutions, support or service.
  • Demonstrated experience analyzing assumed reinsurance treaties.
  • Demonstrated experience pricing assumed casualty reinsurance treaty submissions.
  • Solid knowledge and understanding of complex insurance and reinsurance structures.
  • Solid knowledge and understanding of property and casualty products, pricing, rates and industry trends.
  • Solid knowledge and understanding of the global reinsurance industry, its market, regulatory constraints, judicial climate, and consumer activism.
  • Demonstrated experience with Excel, SQL, Python, and basic programming.
  • Solid knowledge of catastrophe models such as RMS and AIR, among others.
  • Extensive knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques.
  • Solid knowledge and understanding of data models and database design and development concepts.
  • Associate or Fellow in Casualty Actuary Society (ACAS or FCAS).

Responsibilities

  • Develops relationship with core business partners and provide insights and solutions to address specific business concerns.
  • Explore new concepts, statistical models, and data sources to deliver innovative solutions for the business.
  • May contribute to all aspects of pricing and may own the recurring process.
  • May facilitate the pricing strategy.
  • Help develop pricing for new products and rating structures.
  • Monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.
  • Analyze the profitability of assumed casualty treaty reinsurance opportunities.
  • Maintain a portfolio analytics framework, ensuring consistent analytical standards for evaluating assumed reinsurance opportunities.
  • Create a collaborative, performance-driven work environment by facilitating and fostering trust, transparency, and inclusion. Mentor and develop team members.
  • Collaborate with Underwriting to provide input on potential deals.

Preferred Qualifications

    No preferred qualifications provided.