Reinsurance Assistant Actuary

Position Compensation Range: $111,000.00 - $190,000.00 Pay Rate Type: Salary Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates. The Reinsurance Assistant Actuary leads, coordinates, or performs complex analysis for the full range of actuarial activities related to Reinsurance pricing for a line of business (LOB). You will lead, coordinate, or build complex models and projections to enable the business to generate consistent and sound prices. You will build models for reinsurance and serve as a subject matter expert and consultant to business partners throughout the organization. You will present findings and recommendations regarding the development or effectiveness of various strategies. You will report to the Director, Actuary. If located within 50 miles of one of our core locations (35 miles in Boston), you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034. Internal candidates are encouraged to apply regardless of location and will be considered based on the needs of the role. Primary Accountabilities You will develop relationships with core business partners and provide insights and solutions to address specific business concerns. You will explore new concepts, statistical models, and data sources to deliver innovative solutions for the business. You may contribute to all aspects of pricing and may own the recurring process. You may facilitate the pricing strategy. You may assist with the development of pricing for new products. You will monitor industry and competitor trends to determine potential impact on actuarial strategies and solutions. You will analyze the profitability of assumed property & casualty treaty reinsurance opportunities. You will maintain a portfolio analytics framework, ensuring consistent analytical standards for evaluating assumed reinsurance opportunities. You will create a collaborative, performance-driven work environment by facilitating and fostering trust, transparency, and inclusion. You will mentor and develop team members. You will collaborate with Underwriting to provide input on potential deals. Specialized Knowledge, Skills, and Education Requirements Associate or Fellow in Casualty Actuary Society (ACAS or FCAS). Demonstrated experience analyzing assumed reinsurance treaties. Solid knowledge and understanding of complex insurance and reinsurance structures. Solid knowledge and understanding of property and casualty products, pricing, rates, and industry trends. Solid knowledge and understanding of the global reinsurance industry, its market, regulatory constraints, judicial climate, and consumer activism. Solid knowledge of catastrophe models such as RMS and AIR, among others. Demonstrated experience with Excel, SQL, Python, and basic programming. Extensive knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques. Solid knowledge and understanding of data models and database design and development concepts. Demonstrated experience providing customer-driven solutions, support, or service. #LI-Remote Additional Information Offer to selected candidate will be made contingent on the results of applicable background checks. Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions. Sponsorship will not be considered for this position unless specified in the posting. We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply! We provide benefits that support your physical, emotional, and financial wellbeing, including comprehensive medical, dental, vision, and wellbeing benefits, a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays, and a paid time off program (23 days annually for full-time employees). Our student loan repayment program and paid-family leave are also available. Interns and contingent workers are not eligible for these benefits. We are an equal opportunity employer, committed to compliance with all applicable laws regarding non-discrimination, non-harassment, and equal opportunity. We consider qualified applicants with criminal histories, consistent with applicable laws.

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