VP Reinsurance Pricing Actuary

4 weeks ago


Chicago, United States eFinancialCareers Full time
Job Title: VP Reinsurance Pricing Actuary

Location: Hybrid - Chicago, IL

Company Overview: Join a leading insurance and reinsurance company committed to delivering innovative risk solutions. My client's dynamic team in Chicago is looking for a seasoned professional to lead their reinsurance pricing initiatives.

Job Description:

My client is looking for someone that has a strong background in Property & Casualty (P&C) actuarial science, with a specific focus on treaty reinsurance pricing. This role is integral to their strategic planning and risk management efforts, ensuring that they maintain their competitive edge in the market.

Key Responsibilities:

  • Lead and manage the reinsurance pricing team, providing mentorship and guidance.
  • Develop and implement pricing strategies for treaty reinsurance products.
  • Collaborate with underwriting, finance, and other actuarial teams to assess and price reinsurance treaties.
  • Conduct thorough risk assessments and provide recommendations for risk mitigation.
  • Ensure compliance with regulatory requirements and internal policies.
  • Present pricing analyses and recommendations to senior leadership and stakeholders.
  • Stay updated with industry trends and best practices to continuously improve pricing models and methodologies.

Qualifications:

  • ACAS (Associate of the Casualty Actuarial Society) or FCAS (Fellow of the Casualty Actuarial Society) designation is required.
  • A minimum of 10 years of P&C actuarial experience, with at least 5 years in treaty reinsurance pricing.
  • Strong analytical and problem-solving skills, with a keen attention to detail.
  • Excellent communication and interpersonal skills, with the ability to present complex information clearly and concisely.
  • Proven leadership abilities, with experience managing and developing actuarial teams.
  • Proficiency in actuarial software and tools.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Comprehensive health, dental, and vision insurance plans.
  • 401(k) with company match.
  • Flexible hybrid work environment.
  • Professional development opportunities and support for continuing education.


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