JOB TITLE:   Assistant Vice President and Actuary

This position provides an exciting hands-on opportunity to build the actuarial capabilities for the new U.S. operations of a global commercial lines insurer/reinsurer from the ground up. Located in New York City, the position reports to the U.S. Chief Actuary and will be responsible for all pricing related actuarial functions.

Responsibilities:

  • Work closely with Underwriting to develop rating algorithms and provide oversight to Ops team in programming rating engines.
  • Work with Operations team to source and evaluate relevant third-party data and incorporate into risk selection and/ r predictive pricing models
  • Develop business profitability dashboards for management, including tracking of rate adequacy over time.
  • Manage the actuarial portion of state rate filings for U.S. admitted business • Provide U.S. legal entity RBC calculations
  • Support reinsurance reporting on outwards reinsurance treaties

Requirements:

  • ACAS and 5+ years of insurance company experience preferably at a U.S. primary insurer, including commercial lines pricing
  • Advanced Excel skills
  • Experience with predictive modeling using software such as R or SAS and loss modeling using software such as @Risk
  • Effective in communicating technical results and concepts to a non-technical audience.

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