Assistant Vice President

  • 38581
  • Non-Life - Actuarial
  • |
  • Bermuda
  • |
  • Nov 11, 2020
Reinsurance
RESPONSIBILITIES
  • Maintain and improve reinsurance pricing models to ensure consistency in design, parameter benchmarking, rate-adequacy monitoring and automation of data capture.
  • Assist with pricing reinsurance contracts across Casualty, Specialty and Property classes.
  • Work with the claims and finance teams to enhance and develop the quarterly reserving processes. Lead discussions with underwriters and management to explain the drivers of quarterly underwriting performance.
  • Support the development of the company’s capital model.
  • Conduct profitability studies in various segments of the portfolio.
  • Support other pricing and reserving projects across the company.
QUALIFICATIONS
  • Professional actuarial designation or progression toward the same.
  • At least 5 years’ experience in a pricing or reserving role in the reinsurance industry.
  • Experience with Reinsurance contract pricing, including pricing excess of loss and proportional contracts as well as evaluating with common contract features.
  • Experience with reserving and capital modeling would be a plus.
  • Ability to effectively communicate analytical findings.
  • Experience with programming in SQL, R and Python.
  • Familiarity with Catastrophe and Risk aggregation models.
  • A drive to adopt new technologies to create efficiencies.