• VP, Actuarial Pricing

    Job Locations US-NJ-Jersey City
    Job ID
    # of Openings
  • Responsibilities

    Supervise Actuarial Pricing teams responsible for support of these divisions

    • Manage actuarial team, direct and peer review their work, aid in career development.
    • Direct production of profitability studies, price monitors, rate filings and other actuarial reports.
    • Develop, update, test and implement pricing models / tools as needed, provide support on predictive modeling projects.
    • Work closely with EA and PL Underwriting in calculating program rate indications, evaluating new business opportunities and compiling strategic and executive reports / presentations.
    • Assist Underwriting in book management, respond to requests for support.
    • Review/perform profitability analyses and scenario testing on various treaty portfolios/structures.
    • Communicate results to reinsurers, business units, pricing actuaries and senior management. Work with partners to reconcile differences and support Arch analyses.
    • Coordinate with CAT modeling team on data requests and analysis.


    Education & Experience:

    • Must have a bachelor's degree in a quantitative field (e.g., Mathematics, Actuarial Science, Engineering).
    • 8+ years of actuarial work experience in primary or reinsurance pricing is required, with reinsurance or D&O/E&O pricing experience preferred.
    • The candidate should be a long-standing ACAS or FCAS.


    Key Competencies:

    • Highly effective written and verbal communication skills.
    • Proficiency presenting technical subject matter to non-technical audiences.
    • Detail oriented with excellent time management and organizational skills.
    • Ability to manage a team working on numerous projects simultaneously.
    • Proficiency in Microsoft Excel, Word and PowerPoint required. Other computer skills are a plus.


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