Specialist Actuary, Excess Casualty

Actuary Position

We are looking for a motivated actuary to join the North America Excess Casualty Insurance Pricing & Analytics team. You will develop and refine pricing models, conduct in-depth analyses, and deliver actionable insights and tools to support our excess casualty actuaries and underwriters.

What will your essential responsibilities include?

• Support the development, testing, calibration, and maintenance of pricing models and complex rating algorithms, including studies on pricing parameters, change impacts, and documentation.
• Pricing tool data collection oversight, analysis, quality checking, and reporting.
• Analyze internal and competitor data to support strategy development and financial planning.
• Utilize actuarial pricing tools and expertise to produce accurate, timely, and comprehensive account-specific pricing guidance. Collaborate with actuaries and communicate effectively with underwriters.
• Micro portfolio management activities including selection of base loss ratio for business planning, profitability studies & deep dives, dashboard maintenance, and post-event loss evaluations.
• Engage closely with teams for pricing accuracy and operational alignment including but not limited to: Governance, CUO, Underwriting, Reserving, Claims, Models & Analytics, IT, Compliance, etc.
• Guide less experienced actuarial colleagues, take initiative in team projects, and actively participate in developing team practices and strategies.
• Provide various trainings to underwriters, ensuring they are equipped to make informed decisions.
• Adhere to and comply with regulatory standards and organizational policies.

You will report to a qualified actuary on the Insurance North America Excess Casualty Pricing and Analytics team.

We're looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Bachelor's degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field
• Qualification level – Qualified or near qualified actuary through the Casualty Actuarial Society
• Material experience in Property & Casualty actuarial pricing or reserving
• Motivated, strategic thinker with a robust collaborative work ethic and a focus on quality and integrity
• Proficiency in Excel
• Legally authorized to work in the posting country

Desired Skills and Abilities:

• Programming proficiency in Python, R, or SQL is a plus
• Leadership skills to work collaboratively with colleagues to build consensus
• Exceptional problem-solving and analytical skills, as well as attention to detail
• Excellent influencing and negotiating skills utilizing effective verbal and written communication
• Adaptable to new challenges and proactive for innovative problem solving
• Good organizational, time management and prioritization skills