Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 32699
Job Openings by Title Actuary
Location New York, United States
Description:
Position:		 	Actuary

Company:			Reinsurance Organization

Location:			New York

Job ID:			32699



Responsibilities:

-Evaluate new reinsurance opportunities.  This will involve an understanding of pricing process and standards, but also involves sound actuarial judgment.  Must be able to understand client’s reinsurance needs, set assumptions and be able to defend them upon review, and determine an appropriate price in given our profit targets and the client’s needs.
-Work with marketing representatives on pricing terms for existing business.  This will require an understanding of the pricing analysis and client situation both at the deal issue and at the time of review.
-Assist marketing representatives and treaty staff on treaty terms.  This will require an understanding of reinsurance structures and typical treaty provisions, and an ability to align these with a client’s particular risks and the company’s risk tolerance and standards.
-Discuss pricing and meet with clients.  This will involve a willingness to travel up to 10% of the time, as well as strong communication and an ability to explain technical concepts at a level appropriate for the audience.
-Participate in enhancing pricing methodologies and processes.  This will require an ability to analyze the day-to-day process and the overall quality of the pricing methods, with an eye towards continuous improvement.

Qualifications:

-FSA Designation.
-5 - 7 years of experience working as an actuary.
-2 years’ experience in individual life reinsurance or individual life pricing.
-Familiarity with actuarial modeling software and MS Office.
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