Director & Actuary, Global Reinsurance

The Hartford Chicago, IL $147,440 - $221,160
Full Time Mid Level 10+ years

Posted 3 weeks ago

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About This Role

This role provides actuarial support for US/International Property and US Casualty Reinsurance segments, collaborating with various teams to project profitability, evaluate returns, and improve non-cat pricing methods. The individual will serve as the lead pricing actuary for US & International Property products.

Responsibilities

  • Serve as the lead pricing actuary supporting US & International Property products
  • Develop and maintain best-in-class non-cat pricing and modeling tools for the business
  • Implement pricing model parameter updates, considering segment specific parameters where applicable
  • Identify areas for model enhancement and consolidation
  • Support pricing for new and renewal treaties across Property and US Casualty
  • Lead and peer review treaty pricing where significant non-cat exposure exists
  • Work with underwriters to develop timely and accurate pricing recommendations
  • Properly document pricing decisions, including the evaluation of risk transfer
  • Regularly evaluate regional/product profitability, identifying over or under performing segments
  • Conduct pricing audits to assess model usage and recommend solutions to ensure pricing accuracy
  • Provide guidance and input into the quarterly reserve and annual planning cycles

Requirements

  • 10+ years of Commercial/Reinsurance pricing experience
  • ACAS/FCAS designation
  • Strong technical, analytical and data skills
  • Excellent written and verbal communication skills

Qualifications

  • BA or BS degree, preferably in mathematics, actuarial science, statistics or related field of study
  • 10+ years of Commercial/Reinsurance pricing experience

Nice to Have

  • Reinsurance experience strongly preferred

Certifications

ACAS (Required) FCAS (Required)

About The Hartford

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