Vice President, Risk
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Leadership Role in Pricing and Deal Analytics for Alternative Risk Transfer
The purpose of this role is to provide leadership and support in the operational management of the pricing and deal analytics for Alternative Risk Transfer, and ensuring alignment with strategic priorities and adding value across various areas. This role involves overseeing key pricing processes, collaborating with senior stakeholders, and driving best practice in data analytics within the organization. Additionally, the role includes developing pricing strategies, deal and portfolio analytics, and provides a framework for growth opportunities within the organization.
Location: Atlanta, GA; Chicago, IL; Madison, WI, or New York City, NY
Work Arrangement: This role is hybrid, where you will be expected to be in the office 2-3 days per week or remote.
The salary range for this role is between $186,000-$349,000.
Your new role:
- Develop and manage a work plan aligning with broader business strategy.
- Ensure timely delivery of pricing valuation and associated deliverables with clear communication to stakeholders.
- Lead pricing reviews and identify business opportunities through ongoing monitoring.
- Manage the complete valuation process and ensure compliance with internal governance standards.
- Provide technical expertise and insights to support business decisions.
- Manage data analytics to deliver high-quality service within specified levels.
- Build and maintain relationships with internal and external stakeholders to improve customer focus.
- Participate in business meetings to understand and support business requirements.
- Establish and maintain appropriate systems and procedures for accurate data analysis.
- Support the Head of Alternative Risk Transfer in advising on strategic issues and transformation processes.
Preferred Qualifications:
- Bachelor's Degree or equivalent combination of education and work experience.
Preferred Competencies:
- Significant relevant work experience in general insurance and pricing analytics.
- Progressive pricing, actuarial, or quantitative experience within commercial insurance, specialty insurance, reinsurance, captive/fronting, or alternative risk solutions.
- Demonstrated experience pricing complex commercial insurance transactions and developing solutions for large or sophisticated insureds.
- Experience with structured insurance, multi-line/multi-year programs, captive/fronting arrangements, loss-sensitive programs, or other alternative risk structures preferred.
- Experience developing multi-year financial models incorporating expected losses, expenses, reinsurance, investment income, capital requirements, risk margins, and expected returns.
- Demonstrated experience with experience and exposure rating, loss development, trend, sensitivity analysis, aggregate analysis, and scenario-based modeling.
- Experience evaluating multiple lines of business and considering diversification, correlation, aggregates, and volatility within transaction pricing.
- Experience incorporating reinsurance, collateral, credit, and other structural considerations into pricing and profitability assessments.
- Demonstrated ability to partner with underwriters in designing and evaluating alternative structures and determining appropriate risk-adjusted pricing.
- Demonstrated ability to evaluate the economic trade-offs among risk retention, risk transfer, timing of cash flows, reinsurance, collateral, capital utilization, and expected return when designing and pricing complex insurance solutions.
- Experience communicating complex actuarial and financial concepts to underwriting, brokers, and senior management.
- Experience developing new pricing methodologies, tools, or models for complex or non-standard risks strongly preferred.
- Direct ART experience
- Structured insurance experience
- Multi-line/multi-year pricing
- Captive/fronting experience
- Reinsurance pricing/structuring experience
- Experience developing new pricing models or products
- Experience helping establish a new business or underwriting platform
- FCAS/ACAS designation
- Meets the relevant continued professional development requirements.
Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of