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Oliver James

Cyber & Professional Liability Pricing Actuary

Oliver James, New York, New York, us, 10261

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Cyber & Professional Liability Pricing Actuary Oliver James provided pay range

This range is provided by Oliver James. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $180,000.00/yr - $225,000.00/yr

Role Overview:

Support the brokerage's actuarial/pricing team in structuring, analysing, and advising on reinsurance placements for professional liability and cyber risk portfolios.

As team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

Responsibilities:

Develop and maintaining pricing models and tools for professional liability and cyber reinsurance treaty and facultative business.

Analyse submission data, exposure metrics, loss experience, and market trends to provide pricing indication, risk segmentation, accumulation assessment and structure recommendations.

Dynamic Financial Analysis (DFA) modelling; stochastic modelling to investigate impact of reinsurance structures P&L, Balance Sheet, and Capital Requirements.

Provide input and participate in the development of new opportunities and renewals.

Monitor portfolio performance and profitability: conduct renewal analytics, profit studies, experience investigations, trend-analysis, accumulation modelling (especially for cyber exposures).

Develop in-house cyber expertise through research and development projects.

Qualifications:

Minimum 5 - 10 years of relevant actuarial pricing or modelling experience (ideally 3 - 5 years in professional liability & cyber)

Bachelor's Degree in quantitative discipline such as Financial Mathematics, Actuarial Science, Statistics, Quantitative Risk Management, or similar

Strong modelling and analytical skills: proficiency in Excel plus familiarity or strong ability in SQL, R or Python for data analysis and model building.

Seniority level Mid-Senior level

Employment type Full-time

Job function Other

Industries Insurance Agencies and Brokerages

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Location: New York, NY

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