Reinsurance Assistant Actuary

This is a fully remote position, open to applicants in Wisconsin.

📋 Description

• Conduct intricate analyses for a broad spectrum of actuarial functions related to reinsurance pricing and evaluation.

• Develop sophisticated models and projections to assist the business in establishing effective pricing and suitable risk-adjusted returns on capital.

• Create forecasts and models specifically for reinsurance purposes.

• Serve as a subject matter expert and advisor to partners across the organization.

• Offer recommendations regarding the formulation or effectiveness of various strategies.

• Build strong relationships with key partners and deliver insights and solutions to tackle specific business challenges.

• Investigate innovative concepts, statistical models, and data sources to provide effective solutions for the business.

• May engage in all facets of pricing, oversee the ongoing process, facilitate the pricing strategy, and assist in developing pricing for new products and rating structures.

• Keep track of industry and competitor trends to assess their potential effects on actuarial strategies and solutions.

• Evaluate the profitability of accepted property & casualty treaty reinsurance opportunities.

• Maintain a portfolio analytics framework, ensuring consistent analytical standards for the assessment of assumed reinsurance opportunities.

• Foster a collaborative, performance-oriented work environment by encouraging trust, transparency, and inclusion.

• Work in collaboration with Underwriting and the Pricing & Analytics team to assist with submissions and prospective deals.

⛳️ Requirements

• Associate or Fellow designation in the Casualty Actuary Society (ACAS or FCAS).

• Previous experience in reinsurance is highly preferred.

• Proven experience in delivering customer-focused solutions, support, or service.

• Demonstrated experience in analyzing accepted reinsurance treaties.

• Strong knowledge and understanding of complex insurance and reinsurance frameworks.

• Solid understanding of property and casualty products, pricing, rates, and industry trends.

• Comprehensive knowledge of the global reinsurance industry and its markets.

• Proven experience with Excel, SQL, Python, and basic programming skills.

• Strong knowledge of catastrophe models.

• Extensive understanding of advanced financial and statistical analysis techniques, including actuarial methods.

• Solid knowledge of data models and concepts related to database design and development.

🏝️ Benefits

• Comprehensive medical, dental, vision, and wellbeing benefits.

• Competitive 401(k) contribution.

• Pension plan.

• Annual incentive.

• 9 paid holidays.

• Paid time off program (23 days accrued annually for full-time employees).

• Student loan repayment program.

• Paid family leave.