BWD Search
Overview
BWD Search is excited to partner with a well-established Property & Casualty reinsurance company that is looking to bring on board Reinsurance Pricing Actuary. Duties and Responsibilities
Working closely with the Head of North American Pricing Underwriting, Actuarial, Claims and Operations and others as appropriate to review reinsurance requirements and analyze structure alternatives. Develop and foster relationships with reinsurance brokers and reinsurance markets to facilitate placements, execution of contract wording, timely claims payments and gain market intelligence. Work with Underwriting, Finance, Actuarial and Claims to gather data to assist in reinsurance submission preparation (data to be provided to a broker who will prepare submissions). Liaise with the Legal Department in the drafting of reinsurance contract wording in accordance with company standards. Evaluate treaty reinsurance quotations; help negotiate transactions to support business requirements. Coordinating the availability of documents and timing for claims, underwriting, transactional, and Ceded Re audits as well as audits performed by external auditors. Coordinate and track execution of contract wordings to full completion and maintain electronic filing archive. Summarize Treaty Terms and Schematics. Maintain a Reinsurance Resume document that provides historical detail of terms for treaties previously written. Stay current with industry issues and developments. Requirements
A minimum of 5 to 7 years of Reinsurance / Insurance related experience (pricing preferred) Excellent communication (both written and verbal) and interpersonal skills ACAS minimum FCAS preferred Strong attention to detail and quantitative skills Ability to work to deadlines and prioritize tasks Ability to work with various internal constituents, including underwriting, claims, actuarial, finance and IT departments
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BWD Search is excited to partner with a well-established Property & Casualty reinsurance company that is looking to bring on board Reinsurance Pricing Actuary. Duties and Responsibilities
Working closely with the Head of North American Pricing Underwriting, Actuarial, Claims and Operations and others as appropriate to review reinsurance requirements and analyze structure alternatives. Develop and foster relationships with reinsurance brokers and reinsurance markets to facilitate placements, execution of contract wording, timely claims payments and gain market intelligence. Work with Underwriting, Finance, Actuarial and Claims to gather data to assist in reinsurance submission preparation (data to be provided to a broker who will prepare submissions). Liaise with the Legal Department in the drafting of reinsurance contract wording in accordance with company standards. Evaluate treaty reinsurance quotations; help negotiate transactions to support business requirements. Coordinating the availability of documents and timing for claims, underwriting, transactional, and Ceded Re audits as well as audits performed by external auditors. Coordinate and track execution of contract wordings to full completion and maintain electronic filing archive. Summarize Treaty Terms and Schematics. Maintain a Reinsurance Resume document that provides historical detail of terms for treaties previously written. Stay current with industry issues and developments. Requirements
A minimum of 5 to 7 years of Reinsurance / Insurance related experience (pricing preferred) Excellent communication (both written and verbal) and interpersonal skills ACAS minimum FCAS preferred Strong attention to detail and quantitative skills Ability to work to deadlines and prioritize tasks Ability to work with various internal constituents, including underwriting, claims, actuarial, finance and IT departments
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