Treaty Pricing and Underwriting Actuary

General Re Corporation

$150K — $250K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 8 years of experience in the insurance/reinsurance industry required.
  • ACAS/FCAS designation preferred.
  • Desire to transition from actuarial roles to broader underwriting and commercial responsibilities.
  • Familiarity with reinsurance pricing, coverage issues, and factors affecting profitability.
  • Strong analytical, mathematical, and computer skills, especially in Microsoft Office.

Responsibilities

  • Analyze loss exposure and evaluate primary insurance policy coverage.
  • Perform pricing analysis on treaty reinsurance across various lines.
  • Develop analytics to enhance client and industry understanding.
  • Gradually take on underwriting responsibilities for new and renewal treaty business.
  • Build and expand client relationships while collaborating with underwriters and account executives.

Benefits

  • Hybrid work model with 3 days in the office and 2 days remote.
  • Opportunity to transition from technical actuarial work to treaty underwriting and account leadership.
  • Engagement with diverse client base and influence on decision-making processes.
  • Dynamic work environment with significant learning opportunities.
  • Potential career growth into broader commercial roles.
Full Job Description

Gen Re currently offers an excellent opportunity for Treaty Pricing and Underwriting Actuary to work in our Stamford office. This is a hybrid role with 3 days in the office and 2 days remote.

Role Description

This is a rare opportunity for a talented actuary to step beyond a purely technical role and grow into treaty underwriting and broader account leadership. If you are an actuary who wants to be an underwriter-someone eager to own decisions, shape deals, and solve client's needs-this role is designed for you.

The Treaty Pricing and Underwriting Actuary works with client data to evaluate and price various treaty coverage lines and structures. You will engage directly with clients to understand trends, assess pricing adequacy, and solve business problems-developing the judgment and market perspective that underwriting demands.

As you grow into the role, your responsibilities expand toward those of a Treaty Underwriter, whose primary responsibility is to assess, underwrite, price, and structure new and renewal treaty business consistent with General Re's risk appetite and profit margin.

The ideal candidate brings high energy and a sense of urgency, attention to detail and a commitment to quality, and genuine intellectual curiosity. You communicate clearly-both in writing and in person-with audiences of varying technical backgrounds. You are open-minded yet able and willing to defend and advocate for your conclusions, and you maintain an analytic approach even where judgment plays a role. You are comfortable working with significant uncertainty and incomplete data, you welcome new learning opportunities, and you adapt readily to changing business demands. Above all, you are excited to broaden your scope beyond actuarial work and grow into underwriting and wider commercial responsibilities.

Primary Responsibilities:
• Demonstrate strong technical capabilities, including:

o Assessing and analyzing exposure to loss

o Understanding primary insurance policy coverage

o Understanding primary insurance rate making

o Evaluating client and product experience

o Interpreting reinsurance treaty language and coverage intent

o Determining reinsurance pricing based on model outputs and interaction with the account team

o Applying knowledge of insurance company financial statements and how financials relate to reinsurance purchasing decisions
• Perform pricing analysis on treaty reinsurance business across various lines.
• Develop analytics that enhance our understanding of the industry and of our clients.
• Progressively take on underwriting responsibilities-assessing, structuring, and pricing new and renewal treaty business.
• Build and broaden client relationships, partnering with underwriters and account executives.

Role Qualifications and Experience
• We welcome candidates across a range of experience levels; however, a minimum of 8 years of relevant experience is required in insurance/reinsurance industry. ACAS/FCAS preferred.
• A genuine desire to broaden beyond actuarial work and grow into underwriting and wider commercial roles.
• Familiarity with multiple lines of business, including reinsurance pricing issues, coverage issues, and external factors impacting profitability.
• Experience in P&C pricing, preferably reinsurance pricing.
• Demonstrated ability to work effectively within differing team structures.
• Demonstrated ability to work calmly and effectively under time constraints.
• Strong time management and organizational skills, with attention to detail.
• Strong math and analytical skills.
• Excellent computer proficiency with the Microsoft Office Suite.
• Knowledge of or experience with catastrophe models is a plus.
• Self-starter with the ability to multi-task.
• Excellent communication and presentation skills.
• Some travel expected.

Salary Range
150,000.00 - 250,000.00 USD
The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

Our Corporate Headquarters Address

General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (US)

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