Minor Hotels Europe and Americas

Principal Actuarial Analyst – Reinsurance

Minor Hotels Europe and Americas

full-time

Posted on:

Location Type: Office

Location: MinneapolisMinnesotaUnited States

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Salary

💰 $112,001 - $134,000 per year

Job Level

Tech Stack

About the role

  • Support preparing reinsurance pricing models and performing analysis for flow and block reinsurance transactions
  • Enhance processes by developing and automating tools to be used at various stages of pricing and analysis
  • Perform sensitivity analysis and product feature testing; summarize and communicate findings in a precise and organized manner to the broader team
  • Support due diligence process including but not limited to actuarial appraisals, experience studies, seriatim data, etc.
  • Lead (or support) the modeling and analysis in more technical and complicated projects
  • Support reinsurance audit
  • Continuously challenge the status quo and stay abreast of regulatory changes that will affect reinsurance decision
  • Liaison with broader actuarial function, including but not limited to actuarial pricing, product development and valuation teams
  • Peer review team members’ work
  • Demonstrate a continued desire to learn and develop as a key member of the team
  • Other ad-hoc tasks as they arise
  • Utilization of artificial intelligence tools and resources (e.g. generative AI)

Requirements

  • Four-year degree required in actuarial science, math, physics, economics, engineering, or related field
  • 4+ SOA exams passed
  • 4+ years relevant experience, working directly for a life/annuity (re)insurance company, or consulting firm
  • Proficiency in MS Excel, Access, VBA
  • Experience programming in SQL, R preferred
  • Experience in annuity product development/pricing, AAT, PBR, is a plus
  • Experience in reinsurance preferred
  • Broad business acumen, with ability to manage multiple diverse projects simultaneously
  • High adaptability and agility in a dynamic environment
  • You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.
Benefits
  • a choice of comprehensive medical, dental and vision plan options
  • flexible spending and health savings accounts
  • tuition reimbursement
  • student loan retirement program
  • generous annual paid leave
  • an outstanding 401(k) company match
  • life insurance
  • discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
reinsurance pricing modelssensitivity analysisproduct feature testingactuarial appraisalsexperience studiesSQLRVBAMS ExcelMS Access
Soft Skills
communicationorganizational skillsleadershipadaptabilityagilityteam collaborationpeer reviewproblem-solvingdesire to learnproject management
Certifications
SOA exams