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
Additional information:Employment type: Full-time
30+ days ago