Pricing Actuary

Posted 2 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
150K-215K Annually
Mid level
Insurance • Financial Services
The Role
As a Reinsurance Pricing Actuary, you will develop and maintain competitive reinsurance pricing models, analyze historical loss data, and present strategic insights to management. You will work closely with various stakeholders to ensure accurate pricing solutions that support strategic growth in the reinsurance sector.
Summary Generated by Built In

Are You Ready to Shape the Future of Reinsurance Pricing?

We are at the forefront of the reinsurance industry, leveraging cutting-edge pricing models and analytics to make strategic, data-driven decisions. We are seeking a dynamic and analytical Reinsurance Pricing Actuary who thrives on challenges and is eager to influence high-stakes decision-making. If you are passionate about utilizing your actuarial expertise to navigate complex risks, innovate pricing models, and collaborate with industry leaders, then we want to hear from you!

As our Reinsurance Pricing Actuary, you will play a pivotal role in developing and maintaining competitive reinsurance pricing models that directly influence our strategic growth. You will work closely with management, underwriters, reinsurance intermediaries, and other stakeholders to deliver accurate pricing solutions, ensuring Waypoint remains an industry leader in a rapidly evolving market.

Your Impact:

  • Develop Accurate Pricing: Craft precise prices for individual reinsurance contracts across various structures, including proportional, risk excess, and catastrophe reinsurance, while supporting multiple lines of business (Property, Casualty, Workers Compensation).
  • Innovate Pricing Models: Lead the development and maintenance of pricing models for a broad spectrum of reinsurance products, enhancing accuracy and competitiveness.
  • Analyze & Interpret Data: Conduct in-depth analyses of historical loss data, market trends, and economic conditions to evaluate risk and pricing implications.
  • Update Critical Parameters: Continuously evaluate and update key pricing model parameters, including loss development factors, property loss scales, and casualty ILFs.
  • Stay Ahead of Industry Trends: Monitor industry developments, regulatory changes, and actuarial advancements to ensure our pricing strategies are future-proof and compliant.
  • Present Strategic Insights: Prepare and present comprehensive pricing analyses and strategic recommendations to senior management.

Successful Candidates Will Have:

  • Analytical Expert: You possess exceptional analytical and problem-solving skills, with an eye for detail and accuracy.
  • Actuarial Pro: You have a bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field, with a FCAS, ACAS, or near ACAS designation. An advanced degree in a quantitative field is a plus.
  • Pricing Specialist: Proven experience in reinsurance pricing and modeling is a must.
  • Tech-Savvy Analyst: Proficient in pricing software, especially Excel, and familiarity with VBA, SQL, R, or Python is a bonus.
  • Effective Communicator: Excellent communication and presentation skills, with the ability to simplify complex data insights for strategic decision-making.
  • Collaborative Team Player: Capable of working independently and effectively within a cross-functional team environment.
  • Catastrophe Modeling Experience: Familiarity with catastrophe modeling software will give you a competitive edge.
  • Broad Industry Knowledge: Comprehensive understanding of multiple reinsurance lines of business.

The total compensation for a position may also include other elements dependent on the position offered. The expected annual pay range for this position is between $150,000 to $215,000 plus discretionary bonus. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.

One80 Intermediaries is a privately held firm with offices throughout the US and Canada.  As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business.  Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2024, we were ranked 14th largest broker in the U.S. by Business Insurance. 

One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.

Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.

Personal information submitted by California applicants in response to a job posting is subject to One80's  California Job Applicant Privacy Notice .

Top Skills

Python
R
SQL
VBA
The Company
Boston
418 Employees
On-site Workplace
Year Founded: 2019

What We Do

One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, the company offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services and warranty business. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to all major insurance markets in the US, Canada and UK. One80 has offices in more than 55 locations in the US and Canada. For more information visit www.one80intermediaries.com

With expertise in marine, transportation, property, casualty, financial lines, medical stop loss, personal lines, travel/accident and health, life insurance and warranty coverage we provide in-house binding authority and access to market leading carriers on both sides of the Atlantic. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US, UK and Canada.

One80 has offices in 46 locations nationwide including Boston, New York City, Chicago, Cleveland, Cincinnati, Miami, Atlanta, Houston, Dallas, San Antonio, Omaha, Mountain View, Philadelphia, San Diego, Seattle, Toronto, and Montreal

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