Senior Reinsurance Actuary.

BWD Search is excited to partner with a well-established Property & Casualty reinsurance company that is looking to bring on board Reinsurance Pricing Actuary.

Duties and Responsibilities:

• Working closely with the Head of North American Pricing Underwriting, Actuarial, Claims and Operations and others as appropriate to review reinsurance requirements and analyze structure alternatives.
• Develop and foster relationships with reinsurance brokers and reinsurance markets to facilitate placements, execution of contract wording, timely claims payments and gain market intelligence.
• Work with Underwriting, Finance, Actuarial and Claims to gather data to assist in reinsurance submission preparation (data to be provided to a broker who will prepare submissions).
• Liaise with the Legal Department in the drafting of reinsurance contract wording in accordance with company standards.
• Evaluate treaty reinsurance quotations; help negotiate transactions to support business requirements.
• Coordinating the availability of documents and timing for claims, underwriting, transactional, and Ceded Re audits as well as audits performed by external auditors.
• Coordinate and track execution of contract wordings to full completion and maintain electronic filing archive.
• Summarize Treaty Terms and Schematics.
• Maintain a Reinsurance Resume document that provides historical detail of terms for treaties previously written.
• Stay current with industry issues and developments.
  
  

Requirements:

• A minimum of 5 to 7 years of Reinsurance / Insurance related experience (pricing preferred)
• Excellent communication (both written and verbal) and interpersonal skills
• ACAS minimum FCAS preferred
• Strong attention to detail and quantitative skills
• Ability to work to deadlines and prioritize tasks
• Ability to work with various internal constituents, including underwriting, claims, actuarial, finance and IT departments