AVP

  • 39289
  • Life - Actuarial
  • |
  • New York, United States
  • |
  • Mar 16, 2021
Reinsurance
RESPONSIBILITIES
  • Maintain high visibility in the market by meeting with insurers, participating at industry meetings, publishing articles, and joining pertinent industry committees
  • Develop strong relationships with internal customers in key functional areas to promote client focus and preferred provider
  • Assist in the planning and execution of the annual marketing strategy for key clients under the direction of the lead
  • Develop potential leads into tangible business by gathering appropriate internal resources for each opportunity
  • Address clients’ needs in a timely and insightful manner
  • Liaise across key internal departments to meet client requests and provide innovative client solutions when necessary
  • Develop industry knowledge and actuarial expertise on reinsurance topics impacting clients
  • Provide superior value by giving meaningful guidance and insight during client interactions
  • Oversee the reinsurance deals by owning the quotes and working with team members to calculate an optimal price that also meets profit metrics
  • Work with clients and department to negotiate treaty terms and conditions which provide the necessary protection for the company. Be the company’s primary negotiator on actuarial aspects of each deal
  • Work with treaty to execute contract amendments
  • Negotiate deals effectively with the goal of maximizing VNB while managing to secondary profit metrics and maintaining strong, trusting relationships with clients
  • Understand the dynamics which impact the profitability of the business and ensure that problems are discovered early
  • Highlight potential problems with the financial results of accounts to the lead and work together to determine the best course of action
QUALIFICATIONS
  • Bachelors Degree
  • 10+ years experience in individual life insurance and/or reinsurance required
  • Experience in direct and/or reinsurance pricing preferred
  • Experience in public speaking/presenting effectively to groups preferred
  • FSA actuarial designation required