Pricing Head (P&C)

Job Description

Job Category: Actuarial

Typical Starting Salary: $239,800 - $319,300

Minimum Salary: $200,000.00

Maximum Salary: $359,000.00

Schedule: Full-Time

Flexible Time Off Annual Accrual: 25 days

Application Deadline: 6/10/2025

Description:

To lead and manage the global LMRe casualty actuarial team. Reporting to the LMRe Chief Actuary, you will drive actuarial pricing and business planning support that develops portfolio and risk level insights to improve underwriting performance, drive profitable growth, and deliver against operational and strategic goals.

You’ll be expected to apply a comprehensive understanding of the casualty reinsurance market to influence underwriting and risk selection. You’ll be responsible for developing global casualty pricing capabilities, ensuring consistent approaches, and collaborating with stakeholders within and outside of LMRe.

This team requires alignment and partnering with Global Actuarial Solutions and Reserving teams to provide a unified Actuarial Function to business stakeholders that enables clear and effective decision making.

This role leads a team of student and qualified actuaries, with regional leads in Stamford, London, and Paris.

Key Responsibilities:

• Manages a team of actuaries delivering individual account pricing support to underwriting, including new business and performance monitoring versus target return criteria.
• Partners with underwriting, claims, and portfolio management to identify areas in which actuarial can have the greatest impact and provide trusted advice to deliver top-quartile business performance.
• Delivers trend studies and development priorities for LMRe’s casualty pricing tools.
• Owns the actuarial selected loss ratios within the financial plan.
• Delivers portfolio profitability “deep dives” to prospectively inform the risk vs reward impact on financial planning, underwriting postures and appetite, remediation, and growth strategies.
• Collaborates with and influences aligned business support functions across GRS and LMRe to deliver an aligned go-to market strategy.
• Compliance and reporting against internal and regulatory pricing and underwriting risk management principles and standards.

Qualifications:

• Proven track record in leadership, influencing, innovation, and people development upskilling.
• Qualified Actuary with extensive post-qualification experience in US and international reinsurance casualty markets.
• Familiarity with the corporate and regulatory requirements governing the major markets in US, Europe, AsiaPac, Lloyd’s, and Bermuda.
• Extensive reinsurance pricing experience, covering the best practice techniques used to price US and international casualty treaties.
• Desirable to have experience in complex, multi-year, global pricing transformation programmes working across different cultures.
• Excellent IT skills – with experience in Hx and Python advantageous.
• Analytical problem solver with outstanding verbal and written skills, communicating with a range of internal and external clients of varying experience, expertise, and appreciation of actuarial techniques.
• Commercially minded, with gravitas to influence and negotiate on well-considered risk-based decision making.

Fair Chance Notices:

We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.

• California
• Los Angeles Incorporated
• Los Angeles Unincorporated
• Philadelphia
• San Francisco