(Senior) Actuarial Analyst, Reinsurance Division (Information Technology)
The US Reinsurance Pricing team is based in New York and currently consists of 7 individuals. The team supports underwriters working in New York across General Casualty, Professional Liability, Property & Multiline and Specialty lines of business. It resides within the worldwide Reinsurance Pricing team which provides pricing expertise globally to underwriters and management and reports to the Chief Reinsurance Actuary, who is based in London. The purpose of this role is to provide valuable pricing assistance to the US Reinsurance team, working alongside the underwriters and reporting to the Senior Vice President & Reinsurance Pricing Actuary in New York.
Duties & Responsibilities:
- Provide active support to underwriters by pricing individual treaty submissions across Property/Multiline, Specialty, General Casualty and Professional Liability classes
- Collect and analyze industry data to determine best practice parameters for usage within pricing tools
- Develop pricing models for new lines of business and maintain / enhance models for existing lines
- Complete and maintain pricing database for provision of management information in respect of pricing results
- Meet with brokers and clients as required
- Complete Casualty Actuarial Society designation (or equivalent)
Requirements:
- One to four years of relevant experience in a P&C reinsurance or commercial lines pricing environment
- Excellent mathematical skills and outstanding academic background
- Strong communication skills, including the ability to explain complex issues in straightforward terms
- IT proficiency, particularly with regards to Microsoft Excel and Visual Basic. Also advantageous to have knowledge of SAS, @Risk or Risk Explorer.
- Ability to prioritize efficiently
- Ability to work across multiple practice areas, and to short deadlines
About Fairfax
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
About Allied World
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world
Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance. Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status. Please visit www.awac.com for further information on Allied World.
