Develop and review costing models and parameters, including rate calibrations, trend factors, and frequency/severity models
Implement and validate parameter and model updates in productive underwriting systems with thorough quality assurance
Monitor and analyze rating model accuracy on a portfolio level and prioritize necessary updates
Provide expert advice on actuarial and structuring aspects for complex facultative deals to underwriters worldwide
Coach and mentor temporary staff, such as interns and colleagues on job rotations

Requirements

Master's degree in Mathematics, Statistics, Physics or equivalent quantitative/statistical fields and/or actuarial qualifications
1-4 years of experience in insurance or reinsurance in a quantitative role
Proficient English communication skills (both written and verbal)
Programming skills in Python, Power BI, R, or SQL
Intent to pursue actuarial qualification
Ability to translate non-actuarial concepts from underwriters, risk engineers, or wording specialists into actuarial models
Skill in explaining actuarial techniques in simple terms and training others on costing methods and tools
Experience working in an agile scrum setup (additional nice to haves)
Additional language skills beyond English (additional nice to haves)
Basic leadership experience (additional nice to haves)

Benefits

Applicant Tracking System Keywords

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

Hard Skills & Tools

costing modelsrate calibrationstrend factorsfrequency/severity modelsPythonPower BIRSQLactuarial techniquesagile scrum

Soft Skills

communication skillscoachingmentoringexplanation skillstraininganalytical skillsadvisory skillsprioritizationquality assurancecollaboration

Certifications

Master's degree in MathematicsMaster's degree in StatisticsMaster's degree in Physicsactuarial qualificationsintent to pursue actuarial qualification