Actuary

𝐉𝐎𝐁 𝐒𝐔𝐌𝐌𝐀𝐑𝐘

As an Actuary specializing in Property & Casualty insurance, you will be responsible for developing and implementing advanced pricing models to support competitive and profitable strategies. With a strong focus on reinsurance (RI) pricing, this role requires deep technical expertise and a comprehensive understanding of P&C insurance lines. You will work closely with underwriting, claims, and data analytics teams to align pricing initiatives with overall business objectives and drive informed decision-making.

𝐐𝐔𝐀𝐋𝐈𝐅𝐈𝐂𝐀𝐓𝐈𝐎𝐍𝐒, 𝐒𝐊𝐈𝐋𝐋𝐒 & 𝐄𝐗𝐏𝐄𝐑𝐈𝐄𝐍𝐂𝐄:

1. Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.

2. Minimum of 5 years of experience in reinsurance (RI) pricing, with a strong focus on Property & Casualty (P&C) lines.

3. Associate or Fellow of a recognized actuarial society (e.g., CAS, SOA, or equivalent) preferred.

4. Proficiency in actuarial software and tools (e.g., ResQ, R, Python, or similar).

5. Strong analytical and problem-solving skills with a keen attention to detail.

6. Excellent communication skills, with the ability to present complex information clearly to non-technical stakeholders.

7. Ability to work collaboratively in a team environment and manage multiple priorities.

𝐉𝐎𝐁 𝐑𝐄𝐒𝐏𝐎𝐍𝐒𝐈𝐁𝐈𝐋𝐈𝐓𝐈𝐄𝐒:

1. Develop, maintain, and refine pricing models for P&C insurance products with a focus on reinsurance pricing.

2. Analyze historical data and market trends to assess risk and determine appropriate pricing structures.

3. Collaborate with underwriting and claims teams to ensure pricing aligns with risk profiles and business goals.

4. Conduct actuarial analyses, including loss reserving, profitability analysis, and capital modeling.

5. Prepare and present reports to senior management on pricing strategies and performance metrics.

6. Ensure compliance with regulatory requirements and industry standards.

7. Stay updated on industry trends, emerging risks, and advancements in actuarial methodologies.