Proficient in MS Excel, VBA, and SQL; knowledge of R and Python desirable
Responsibilities
Oversee timely and accurate actuarial input for individual risk pricing
Develop a deep understanding of existing pricing models for future refinement
Contribute to the development of new pricing models within the technical pricing framework
Produce and validate portfolio pricing statistics for US and Latin American markets
Collaborate with the pricing and actuarial team on pricing analyses
Manage and develop Technical Pricing team members
Benefits
Opportunity to work in a global reinsurance environment
Collaboration with a diverse team across multiple locations
Focus on continuous improvement of pricing models
Engagement in high-level decision-making processes
Professional development opportunities within the actuarial field
Full Job Description
About the role
The purpose of this role is to oversee all technical pricing aspects associated with reinsurance treaties with exposures in the US and Latin America, and manage the Technical Pricing team members based in New York, Bermuda, and Miami. The role works within the broader Technical Pricing team in identifying the requirements and specifications of the pricing models and contributing to their continuous improvement. This will include providing support in the embedding of robust actuarial methods as well as model calibration. This position will oversee and perform case pricing and rate monitoring and ad hoc support with the claims reserving process. This position reports to the Head of Pricing.
Your responsibilities
Oversee the delivery of timely and accurate actuarial input to assist underwriters with individual risk pricing, including draft pricing results and explanation of cost drivers and material movements.
Develop a detailed technical understanding of existing pricing models in order to assist with future development and refinement.
Contribute to the development and parameterisation of new pricing models within MS Reinsurance's technical pricing framework.
Oversee the production and validation of portfolio pricing statistics for US and Latin American markets.
Collaborate and share knowledge with the wider pricing and actuarial team on pricing approaches and analyses.
Manage and develop team members.
Your profile
15+ years of relevant work experience.
Extensive reinsurance pricing experience.
Experience with managing actuarial team members.
Strong knowledge of US Casualty market and pricing practices.
Experience working with Latin American/non-US reinsurance markets strongly preferred.
Strong IT skills particularly MS Excel, VBA and SQL experience desirable.
Knowledge of programming languages (R, Python) desirable.
Strong communication skills and the ability to coordinate effectively with multiple departments within the organisation.
Salary Range: $325,000- $365,000
MS Reinsurance is the market-facing brand of the risk carrying legal entity MS Amlin AG, a global reinsurer domiciled in Switzerland and operating in Bermuda as MS Amlin AG, Bermuda Branch, in the United States through MS Amlin Reinsurance Managers, Inc, and in Labuan, Malaysia as MS Amlin AG, Labuan Branch."
