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

ActuaryActuaryFull TimeRemoteTeam 10,001+Since 1939H1B No SponsorCompany SiteLinkedIn

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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