Treaty Pricing Actuary

2 weeks ago

Stamford, United States Gen Re Full time

**Shape Your Future with Us**

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations,with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

Gen Re currently offers an excellent opportunity for **Treaty Pricing Actuary **to work in our **Stamford, CT** office, or remotely for an appropriately qualified individual.

**Role Description**

The Treaty Pricing Actuary works with client data to assist underwriters and account executives to evaluate and price various treaty coverage lines and structures. This person would also engage with clients to evaluate trends, pricing adequacy and to solve business problems. Ideally, we are looking for someone who is interested in expanding his/her role to treaty underwriting. The Treaty Underwriter’s primary responsibility is to assess, underwrite, price and structure new and renewal treaty business consistent with General Re’s risk appetite and profit margin expectations. On-the-job training is anticipated.

Primary Responsibilities:
Demonstrate technical capabilities, which include:

- The ability to assess and analyze exposure to loss
- Understanding primary insurance policy coverage
- Understanding of primary insurance rate making
- Ability to evaluate client and product experience
- Capable of interpreting reinsurance treaty language and coverage intent
- Ability to determine reinsurance pricing based on model outputs, and interaction with members of the account team.
- Insurance company financial statement knowledge and how financials relate to reinsurance purchasing decision
- Perform pricing analysis on Treaty reinsurance business in various lines.
- Perform data analysis and develop analytics that enhance our understanding of the industry and of our clients.

**Role Qualifications and Experience**
- 8-10 years of experience in the P&C industry. ACAS/FCAS preferred.
- Familiarity with multiple lines of business including reinsurance pricing issues, coverage issue, and external factors impacting profitability.
- Experience in P&C pricing, preferably reinsurance pricing
- Demonstrated ability to work effectively within differing team structures.
- Demonstrated ability to work calmly and effectively under time constraints.
- Strong time management and organizational skills. Attention to detail.
- Strong math/analytical skills
- Excellent computer proficiency with Microsoft Office Suite
- Knowledge of/ experience with catastrophe models is a plus.
- Self-starter and ability to multi-task.
- Excellent communication and presentation skills
- Some travel expected.

**Salary Range**

106,000.00 - 178,000.00 USD

***

**Our Address**

**General Reinsurance Corporation**
120 Long Ridge Road
Stamford, CT 06902 (US)

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