Director, Actuary – Global Reinsurance
The Hartford
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Connecticut, Illinois, New Jersey, New York • 🇺🇸 United States
Visit company websiteSalary
💰 $147,440 - $221,160 per year
Job Level
Lead
About the role
- Provide actuarial support for our US/International Property and US Casualty Reinsurance segments
- Collaborate with underwriting, reserving, and claims counterparts to project expected profitability, evaluate returns for individual accounts, and spearhead improvements to non-cat pricing methods and parameters
- Serve as the lead pricing actuary supporting US & International Property products
- Develop and maintain best-in-class non-cat pricing and modeling tools for the business
- Implement pricing model parameter updates, considering segment specific parameters where applicable
- Identify areas for model enhancement and consolidation
- Support pricing for new and renewal treaties across both Property and US Casualty including: Lead and peer review treaty pricing where significant non-cat exposure exists
- Work with underwriters to develop timely and accurate pricing recommendations
- Properly document pricing decisions, including the evaluation of risk transfer
- Regularly evaluate regional/product profitability, identifying over or under performing segments
- Conduct pricing audits to assess model usage and recommend solutions to ensure pricing accuracy
- Provide guidance and input into the quarterly reserve and annual planning cycles
Requirements
- 10+ years of Commercial/Reinsurance pricing experience
- Reinsurance experience strongly preferred
- ACAS/FCAS designation
- Strong technical, analytical and data skills
- Excellent written and verbal communication skills, with the ability to convey technical concepts to audiences of various levels and diverse technical backgrounds
- Self-motivation, creativity, & project/customer management skills
- Flexibility and willingness to adapt to changing priorities
- BA or BS degree, preferably in mathematics, actuarial science, statistics or related field of study.
Benefits
- Other rewards may include short-term or annual bonuses
- long-term incentives
- on-the-spot recognition
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
actuarial supportpricing modelingdata analysisprofitability evaluationrisk transfer evaluationpricing auditsmodel enhancementparameter updatesnon-cat pricing methodstreaty pricing
Soft skills
communication skillsself-motivationcreativityproject managementcustomer managementflexibilityadaptabilityanalytical skillscollaborationleadership
Certifications
ACASFCAS