Job Title: VP Reinsurance Pricing Actuary
Location: Hybrid - Chicago, IL
Company Overview: Join a leading insurance and reinsurance company committed to delivering innovative risk solutions. My client's dynamic team in Chicago is looking for a seasoned professional to lead their reinsurance pricing initiatives.
Job Description:
My client is looking for someone that has a strong background in Property & Casualty (P&C) actuarial science, with a specific focus on treaty reinsurance pricing. This role is integral to their strategic planning and risk management efforts, ensuring that they maintain their competitive edge in the market.
Key Responsibilities:
- Lead and manage the reinsurance pricing team, providing mentorship and guidance.
- Develop and implement pricing strategies for treaty reinsurance products.
- Collaborate with underwriting, finance, and other actuarial teams to assess and price reinsurance treaties.
- Conduct thorough risk assessments and provide recommendations for risk mitigation.
- Ensure compliance with regulatory requirements and internal policies.
- Present pricing analyses and recommendations to senior leadership and stakeholders.
- Stay updated with industry trends and best practices to continuously improve pricing models and methodologies.
Qualifications:
- ACAS (Associate of the Casualty Actuarial Society) or FCAS (Fellow of the Casualty Actuarial Society) designation is required.
- A minimum of 10 years of P&C actuarial experience, with at least 5 years in treaty reinsurance pricing.
- Strong analytical and problem-solving skills, with a keen attention to detail.
- Excellent communication and interpersonal skills, with the ability to present complex information clearly and concisely.
- Proven leadership abilities, with experience managing and developing actuarial teams.
- Proficiency in actuarial software and tools.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance plans.
- 401(k) with company match.
- Flexible hybrid work environment.
- Professional development opportunities and support for continuing education.
