Hamilton Recruitment

SENIOR ACTUARY – P&C PRICING – BERMUDA – 10% TAX – HR118

About this opportunity

Our client, offers specialty property, casualty, and life reinsurance products through reinsurance intermediaries on a global scale. The Senior Actuary will assist in pricing both North American and International reinsurance business written by our client’s Bermuda office. The successful candidate will perform actuarial pricing and underwriting activities for the company in close collaboration with the EVP Underwriting & Risk.

Specific responsibilities include:

  • Lead maintenance and enhancement of actuarial pricing models and conduct comprehensive treaty pricing analysis for both new and renewal business across a diverse, multiline proportional and excess of loss treaty reinsurance portfolio
  • Prepare and present detailed quarterly and annual underwriting forecasts, providing important decision-making insights
  • Maintain and strengthen the company's processes, controls, and systems to improve policy pricing and accuracy of underwriting performance forecasts
  • Proactively engage with the cedent's reinsurance broker and representatives to ensure timely and accurate information exchange
  • Actively participate in meetings with the cedent to inform and improve underwriting decisions and exposure management strategies
  • Coordinate and execute comprehensive underwriting and claims audits
  • Conduct reviews of reinsurance contracts to ensure accuracy & alignment with terms authorized
  • Provide underwriting insights to support and contextualize various aspects of financial reporting
  • Undertake additional projects or responsibilities as may be required

What you’ll need

  • Associate or equivalent of either the Casualty Actuarial Society or the Institute of Actuaries, Fellowship preferred
  • Bachelor's degree from an accredited university in mathematics, statistics, actuarial science, or a similar field
  • 10+ years of (re)insurance actuarial experience gained in (re)insurer, actuarial firm, or accounting firm; focus on casualty and/or specialty lines strongly preferred
  • Proven, in-depth knowledge of reinsurance structures and reinsurance pricing and reserving techniques
  • Excellent Microsoft Excel skills
  • Proficiency in Excel macro building and SQL programming
  • Extensive experience with actuarial techniques, with a working knowledge of catastrophe modeling
  • Strong work ethic, with demonstrated ability to work independently and meet tight deadlines. Desire to learn and grow professionally in an energetic and entrepreneurial small team environment

How to apply

  • To apply, attach your résumé or include a link to your LinkedIn profile
  • If you don't provide one of the above, we can't progress your application

For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.