Safety National
Vice President & Senior Pricing Actuary - Treaty Reinsurance
Safety National, Saint Louis, MO
Stop searching. Start growing. It's time to build a meaningful career where you can grow, your ideas can thrive, and you are recognized and valued. Join a team committed to your excellence, and apply to Safety National today!
Ready for a rewarding career? Follow this link to view all of our available careers and apply:https://www.safetynational.com/careers-page/
This opportunity is in the Actuarial Services Department.
Our Actuarial department is a dynamic group of professionals focusing on pricing, reserving, and data analysis for all written lines of business. The actuarial team creates, maintains and updates pricing models for underwriters to utilize; creates reserving estimates for all lines of business and assists with financial- and claims-related items, helping the organization to succeed using our insurance expertise. We aim to improve practices and efficiency across the organization, while using data to the fullest potential to gain insights that help our underwriting and management teams meet our goals
Role Description:
In the role of VP & Senior Pricing Actuary - Treaty Reinsurance, you will be responsible for providing pricing analyses and technical support for Professional Liability and Casualty Treaty Reinsurance Accounts. In this role, you will have the opportunity to work closely with your colleagues in Actuarial Services as well as our Treaty Reinsurance, IT, Insurance Compliance, and Claims departments. By pricing accounts and making rate recommendations that stimulate profitability, you will make a significant impact to the long-term stability and growth of Safety National.
Your primary responsibilities as a VP & Senior Pricing Actuary-Treaty Reinsurance will include documenting pricing assumptions, assisting with new product development to help develop innovative pricing solutions, and participating in referral discussions (Treaty Reinsurance Pricing Committee). Additional responsibilities required of you include managing other actuaries, which includes conducting 1:1 meetings, writing performance appraisals, and providing for their general needs and well-being. You will also be required to stay informed of emerging trends and incorporating them into pricing parameters and analyses as well as, updating pricing parameters (loss trends, development factors, rate changes, exposure curves) and analyzing underwriting results and assisting with management information reports.
The ideal candidate is a Fellow in the Casualty Actuarial Society (FCAS), has fifteen or more years of experience as an actuary in reinsurance, and has experience managing other actuaries. This role requires strong detail orientation and organization skills. Pricing experience in both Professional and Casualty lines is strongly preferred. Finally, advanced Microsoft Excel skills including VBA is required.
If this role describes you, don't delay. Apply today!
Qualifications:
Education:
Required Qualifications:
Preferred Qualifications:
Protect the confidentiality, integrity and availability of information and technology assets against unauthorized disclosure, destruction and/or alteration, in accordance with Safety National policies, standards, and procedures.
Safety National is committed to fair, transparent pay and we strive to provide competitive, market-based compensation. In our vision to be First with Co-Workers, compensation is only one piece of the comprehensive total rewards package we offer. The target salary range for this position is $169,000 to $270,000. Compensation for the successful candidate will consider the candidate's particular combination of knowledge, skills, competencies, and experience.
Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships, which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine, Inc., we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.
A Benefits Structure That Puts Employees First
Safety National's approach to benefits reaches far beyond competitive fixed compensation. Instead, we construct a total rewards benefits package for each valued member of our team. Highlights include incentive award bonuses, an annual holiday bonus, and profit-sharing contributions. Other exceptional benefits include generous healthcare coverage, a 401(k) match, enhanced paid caregiver leave, and family-forming benefits for adoption, surrogacy, and fertility. We also promote balance by offering a hybrid working environment and several employee appreciation events throughout the year. Apply today to learn more about our total rewards approach.
#LI REMOTE
Ready for a rewarding career? Follow this link to view all of our available careers and apply:https://www.safetynational.com/careers-page/
This opportunity is in the Actuarial Services Department.
Our Actuarial department is a dynamic group of professionals focusing on pricing, reserving, and data analysis for all written lines of business. The actuarial team creates, maintains and updates pricing models for underwriters to utilize; creates reserving estimates for all lines of business and assists with financial- and claims-related items, helping the organization to succeed using our insurance expertise. We aim to improve practices and efficiency across the organization, while using data to the fullest potential to gain insights that help our underwriting and management teams meet our goals
Role Description:
In the role of VP & Senior Pricing Actuary - Treaty Reinsurance, you will be responsible for providing pricing analyses and technical support for Professional Liability and Casualty Treaty Reinsurance Accounts. In this role, you will have the opportunity to work closely with your colleagues in Actuarial Services as well as our Treaty Reinsurance, IT, Insurance Compliance, and Claims departments. By pricing accounts and making rate recommendations that stimulate profitability, you will make a significant impact to the long-term stability and growth of Safety National.
Your primary responsibilities as a VP & Senior Pricing Actuary-Treaty Reinsurance will include documenting pricing assumptions, assisting with new product development to help develop innovative pricing solutions, and participating in referral discussions (Treaty Reinsurance Pricing Committee). Additional responsibilities required of you include managing other actuaries, which includes conducting 1:1 meetings, writing performance appraisals, and providing for their general needs and well-being. You will also be required to stay informed of emerging trends and incorporating them into pricing parameters and analyses as well as, updating pricing parameters (loss trends, development factors, rate changes, exposure curves) and analyzing underwriting results and assisting with management information reports.
The ideal candidate is a Fellow in the Casualty Actuarial Society (FCAS), has fifteen or more years of experience as an actuary in reinsurance, and has experience managing other actuaries. This role requires strong detail orientation and organization skills. Pricing experience in both Professional and Casualty lines is strongly preferred. Finally, advanced Microsoft Excel skills including VBA is required.
If this role describes you, don't delay. Apply today!
Qualifications:
Education:
- A Bachelor's degree in is required
Required Qualifications:
- 15 or more years of experience in actuarial field
- 10 or more years of experience in reinsurance
- Associate of the Casualty Actuarial Society (ACAS)
- Advanced Excel knowledge including VBA programming, macros and writing moderately complex formulas
- Prior experience managing other actuaries
- A keen attention to detail
- Intermediate programming skills
- Strong professional communication skills
Preferred Qualifications:
- 15 or more years of experience in reinsurance, minimum 10 years in reinsurance pricing
- Fellow in the Casualty Actuarial Society (FCAS )
- Experience with Snowflake or similar cloud data platforms
- Programming experience in Python, R and or SQL
Protect the confidentiality, integrity and availability of information and technology assets against unauthorized disclosure, destruction and/or alteration, in accordance with Safety National policies, standards, and procedures.
Safety National is committed to fair, transparent pay and we strive to provide competitive, market-based compensation. In our vision to be First with Co-Workers, compensation is only one piece of the comprehensive total rewards package we offer. The target salary range for this position is $169,000 to $270,000. Compensation for the successful candidate will consider the candidate's particular combination of knowledge, skills, competencies, and experience.
Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships, which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine, Inc., we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.
A Benefits Structure That Puts Employees First
Safety National's approach to benefits reaches far beyond competitive fixed compensation. Instead, we construct a total rewards benefits package for each valued member of our team. Highlights include incentive award bonuses, an annual holiday bonus, and profit-sharing contributions. Other exceptional benefits include generous healthcare coverage, a 401(k) match, enhanced paid caregiver leave, and family-forming benefits for adoption, surrogacy, and fertility. We also promote balance by offering a hybrid working environment and several employee appreciation events throughout the year. Apply today to learn more about our total rewards approach.
#LI REMOTE