Brown & Brown Insurance
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Lead Actuary, Alternative Risk Transfer
Location
New Jersey
Posted
164 days ago
Salary
$200K / year
Bachelor Degree5 yrs expEnglish
Job Description
• 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
• Collaborate with the CUO, ART underwriters, Catastrophe Analysts and Lawyers on new business opportunities
• 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
Job Requirements
- 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
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is very advantageous
- Strong technical pricing skills with knowledge of exposure-based pricing, experience modelling, catastrophe modelling, stochastic techniques, and predictive analytics
Benefits
- Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more
- Note: Benefit details and offerings may vary for subsidiary entities or in specific geographic locations
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