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Brown & Brown · 3 months ago

Lead Actuary of Alternative Risk Transfer

United States

Full-time

Remote

Senior Level

$200K/yr - $200K/yr

5+ years exp

Brown & Brown is a company built on meritocracy with a unique culture that rewards self-starters. They are seeking a Lead Actuary of Alternative Risk Transfer to support the pricing of individual accounts, lead actuarial projects, and collaborate with various teams to enhance the ART business.

Insurance

Responsibilities

Support the pricing of individual accounts and work closely with ART underwriting

Ensure the design, maintenance and use of pricing tools is consistent with actuarial approaches

Understand and factor in carrier partner timelines, targets, approaches, benchmarks, guidance, and assumptions

Work with CAT Modeling Team to understand approach, including data needs, assumptions, and drivers of output

Prioritize and lead actuarial projects, balancing both planned support and unplanned requests

Collaborating with the CUO, ART underwriters, Catastrophe Analysts and Lawyers on new business opportunities as part of a team

Support the development of pricing tools across the Specialty Casualty Division

Enhance approach on predictive analytics work that impacts pricing

Embrace client-centric culture and behavior both within and outside the actuarial functions

Support portfolio management, reporting and binder/reinsurance negotiations, including appropriate accounting for ART products

Qualification

Actuarial designation ACASTechnical pricing skillsExperience modelingArtificial intelligence (AI)Machine learning (ML)Predictive analyticsHandle ambiguity’s degree in mathematicsAttention to detailWork independently

Required

Actuarial designation of ACAS. FCAS is a plus

Minimum of 5 years of actuarial experience; ART modeling is a plus

Bachelor's degree in mathematics, Actuarial Science or related field

Ability to work independently and autonomously, while taking direction

Excellent attention to detail

Ability to separate the important information from the unimportant, as well as to work with ambiguous and incomplete information

Strong technical pricing skills with knowledge of exposure-based pricing, experience modelling, catastrophe modelling, stochastic techniques, and predictive analytics