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Senior Reinsurance Actuary.BWD Search • New York, New York
Senior Reinsurance Actuary.

Senior Reinsurance Actuary.

BWD Search • New York, New York
30+ days ago
Job type
  • Full-time
  • Quick Apply
Job description

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
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Senior Reinsurance Actuary. • New York, New York

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