Acadia Insurance (a Berkley Company) · 2 months ago
Senior Actuarial Analyst (Reinsurance Treaty Pricing) (Multiple Positions)
Acadia Insurance, a Berkley Company, is seeking a Senior Actuarial Analyst to focus on reinsurance treaty pricing. The role involves analyzing and pricing reinsurance submissions, communicating findings to stakeholders, and developing actuarial pricing tools.
Commercial InsuranceInsurance
Responsibilities
Independently analyze and price reinsurance submissions and provide recommendations
Work closely with underwriters to help them understand the conclusions and the key assumptions built into the pricing analysis
Effectively communicate findings and results to internal and external stakeholders and all levels of management as required
Present pricing findings to the company President and serve as a key member in the referral process
Develop, maintain and enhance actuarial pricing tools and parameters
The role will focus on the reinsurance treaty pricing function, but will also participate in other functions with the department, including reserving, CAT modeling, and ERM
Perform CAT modeling and treaty profitability simulation analysis using ReMetrica or MetaRisk
Program using VBA or SQL to develop actuarial models or data manipulation
Develop actuarial pricing models with Excel to price reinsurance treaties
Train, mentor and develop junior staff
Support reserving, financial reporting and management reporting functions, as needed
Qualification
Required
Master's degree in actuarial science, operations research, applied analytics, or related
Two (2) years of experience as an actuarial analyst, credit analyst or related
Must have passed at least 5 Casualty Actuarial Society (CAS) exams
Hands-on experience with pricing reinsurance treaties
Develop actuarial pricing models with Excel to price reinsurance treaties
CAT modeling and performing treaty profitability simulation analysis using ReMetrica or MetaRisk
Programming using VBA or SQL to develop actuarial models or data manipulation within pricing reinsurance
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
Funding
Current Stage
Growth StageLeadership Team
Recent News
2024-03-06
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2022-06-28
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