VP Actuary

1 month ago


New York, New York, United States Selby Jennings Full time

Our client is a leading re/insurance intermediary and corporate advisor/broker dealer, offering bespoke and innovative capital, risk, and program solutions.

The primary responsibilities of the VP, Actuary include

  • Pricing reinsurance contracts across varying insurance coverages and products and providing clients with continuous support throughout the (re)insurance lifecycle.
  • Clients include growing numbers of traditional carriers and MGAs, single-state and regional mutuals, innovative Insurtechs, and multi-national specialty carriers.
  • Responsibilities will include, but are not limited to: Perform gross, ceded, and net loss ratio reviews for proportional, excess of loss, and structured reinsurance deals.
  • Understand client data and respond to technical queries regarding data, trends, or results from studies.
  • Support brokers in creating reinsurance submissions, pricing and placing reinsurance, and evaluating new opportunities or partnerships.
  • Develop stochastic models and perform reinsurance analyses to evaluate and compare different reinsurance strategies and pricing to meet client objectives.

Essential Qualifications:

  • Bachelor's or higher degree, preferably with an actuarial science and/or STEM major
  • In-depth actuarial experience, preferably in a reinsurance pricing capacity and FCAS designation
  • Strong understanding of standardized pricing and reserving methodologies for both casualty and property lines
  • Experience with catastrophe modelling (RMS, AIR, etc.) and pricing approaches a plus
  • Experience with personal and commercial lines insurance product development
  • Familiarity in programming using R, Python, or other comparable language


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