Pembroke

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Risk

Python

Modelling

Coding

Pricing

Valuation

Excel

Julia

Marine

AXIS

This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves.All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.Credit Pricing Analyst (Credit and Mortgage)How does this role contribute to our collective success? This role reports to the Global Head of Credit Pricing. We expect the successful applicant to manage internal models and tools and perform analysis for pricing, reserving and accumulation. This role will primarily support the Mortgage Underwriting team. The analyst will be responsible for analysis of new transactions and the in-force portfolio.What will you do in this role?Mortgage Treaty Pricing<ul><li>Provide top tier analytics in support of underwriting mortgage treaties with Government Sponsored Enterprises (GSEs), Private Mortgage Insurers (PMIs) and other sources in the US and internationally.</li><li>Handling of submission data.</li><li>Investigate Mortgage pricing model developments.</li><li>Documentation of assumptions.</li></ul>Credit Treaty Pricing<ul><li>Supporting technical pricing analyses of Credit Treaties.</li><li>Provide top tier analytics to underwriters including rate adequacy.</li><li>Documentation of assumptions.</li></ul>Rate and trend monitoring<ul><li>Investigate mortgage pricing developments.</li></ul>Tool ownership<ul><li>Maintain and run internal models and analytics tools to support pricing and monitoring of the Mortgage portfolio.</li><li>Enhancing existing tools capabilities and analytics.</li><li>Integrate tools into the Axis tool landscape.</li></ul>Aggregation and Accumulation<ul><li>Quarterly reporting of in-force Mortgage exposures to exposure risk management.</li><li>Provide top tier analytics to Executive Management.</li></ul>Projects<ul><li>Work together with colleagues in cross-functional actuarial projects such as developing KPIs and supporting the internal model.</li></ul>Reserving and Planning<ul><li>Provide pricing input to reserving and planning processes.</li></ul>You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.About You:We encourage you to bring your own experience and expertise to the table. While there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.What you need to have:<ul><li>Confident, can-do attitude and an enthusiastic proposer of solutions.</li><li>Minimum requirement of Bachelors, preferably actuarial, finance, computer science or related technical field.</li><li>Demonstratable programming experience in Python and/or R.</li><li>Part qualified or fully qualified Actuary; OR part qualified / qualified CFA with an interest to take actuarial exams.</li></ul>What we prefer you to have:<ul><li>3-5 years Experience in Reinsurance or Insurance pricing or related actuarial field such as reserving, portfolio management.</li><li>Experience or working knowledge of mortgage/credit markets.</li><li>Programming experience in other languages including SQL and VBA.</li></ul>Role Factors:In this role, you will typically be required to be in the office 3 days per week.What we offer:You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.For this position, we currently expect to offer a base salary in the range of 150k to 180k (NY and NJ). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance.Where this role is based in the United States of America, this role is Exempt for FLSA purposes.

Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world's leading providers of legacy reinsurance solutions. They work with the world's leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life &amp; Annuity and P&amp;C lines.Fortitude Re manages a general account of approximately $55 billion across life, annuity, and property &amp; casualty insurance products. The company takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors.The Assistant Vice President, Life Pricing, is an experienced technical contributor who plays a key role in pricing, structuring, and analyzing potential life and annuity reinsurance transactions. This role will be aligned to our Nashville, TN office on a hybrid basis.What You Will Do:Pricing Analysis<ul><li>Data Analysis: Collect and analyze investment, liability and other data to support pricing decisions.</li><li>Pricing Models: Run the pricing models to produce baseline pricing results and sensitivities specific to each transaction.</li></ul>Collaboration and Communication<ul><li>Cross-functional Collaboration: Incorporate data from investments, strategic finance, tax, and other teams to ensure the pricing analysis aligns with Fortitude's overall business goals.</li><li>Stakeholder Communication: Assist in preparing the results of the pricing analyses.</li></ul>Standards and Documentation<ul><li>Pricing Standards: Ensure pricing analyses comply with pricing standards.</li><li>Documentation: Maintain comprehensive documentation of pricing models, methodologies, and assumptions.</li></ul>Professional Development<ul><li>Continued Education: Engage in continuous learning and professional development activities, such as actuarial exams, to stay current with industry trends and advancements.</li><li>Mentorship: Provide guidance and mentorship to junior team members within the department.</li></ul>Continuous Improvement and Innovation<ul><li>Model Improvement: Assist in the implementing and reviewing model changes to improve the pricing models.</li><li>Innovative Solutions: Propose and implement innovative solutions to enhance pricing models and methodologies.</li></ul>What You Will Have:<ul><li>Qualified Fellow of the Society of Actuaries or Institute of Actuaries or career ASA with 7+ years of experience post ASA.</li><li>Strong modeling and technical skills (Excel modeling skills required, AXIS/SQL/Python/Julia a plus).</li><li>Previous experience in pricing, corporate FP&amp;A, Capital Management, Valuation, Financial Reporting, Reinsurance, and/or ALM.</li><li>Strong communication and interpersonal skills, adaptable, and a team player.</li><li>Organized, reliable, detail-oriented, and motivated to support delivering timely results and quality work products.</li><li>Ability to prototype models for validation and ground-up development, learning real-time, anticipating problems or challenges, and proactively addressing them.</li><li>A strong conceptual understanding and hands-on experience with different financial reporting bases (e.g. US/Canadian/Bermuda/International regimes).</li><li>Drive to solve problems in a disciplined and pragmatic way.</li></ul>What We Offer:We offer our employees competitive benefits in a fast-paced, dynamic and nimble culture including:<ul><li>Unlimited PTO policy</li><li>Up to 12 paid company holidays</li><li>Up to 16 hours per year of paid volunteer time</li><li>Competitive 401(k) plan - US Employees Only</li><li>Paid parental leave</li><li>Learning and Development Stipend</li><li>Mental Health and Wellbeing support</li><li>Health, vision, dental, and life insurance with additional access to health and wellness programs</li><li>Flexible working environment</li><li>Actuarial Exam Support through our Actuarial Development Program (ADP) for Actuarial employees</li><li>Actuarial Program Rotation for ADP employees</li><li>For all Actuarial Life AVP and above roles not based out of our Nashville, TN office: 30% travel is required to our Nashville, TN office</li></ul>At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission—creating a foundation for a creative workplace that leads to innovation, growth, and profitability. We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law.

Who We AreAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the businessValidus Re is part of AIG. We are among the world’s largest and most successful reinsurers specializing in the assumption and management of volatility risk. Validus Re operates from seven offices internationally and provides a broad suite of reinsurance products and services, backed by highly rated capital and specialized local knowledge, in virtually every corner of the world.Key Responsibilities:<ul><li>
 Pricing
 <ul><li>Perform actuarial pricing analysis of individual programs across several lines of business (including but not limited to Property, Specialty and Marine/Energy)</li><li>Assist in the development of new pricing models and make improvements to existing ones.</li><li>Build out and maintain databases for various economic/insurance industry factors indices.</li></ul></li><li>
 Reserving
 <ul><li>Assist reserving actuaries at quarter end with various analysis and reporting requirements as required.</li></ul></li><li>
 Risk Management
 <ul><li>Assist risk management actuary to run various analyses on Validus in-force portfolio for board reporting, retro purchasing, and other uses</li><li>Portfolio optimization and exposure aggregation work</li><li>Gain familiarity with internal economic capital model and assist in development where possible</li></ul></li><li>
 Other duties as required
 </li></ul>Required Skills and Experience:<ul><li>Bachelor’s degree in mathematics, statistics, or related field.</li><li>Minimum 4 years of actuarial experience.</li><li>Progress towards designation from Institute of Actuaries, Casualty Actuarial Society, or similar bodies.</li><li>Proficiency with the Microsoft Office Suite of applications,</li><li>Familiarity with programming, in VBA/Python/R or similar language.</li><li>Proven organizational and timekeeping skills and a strong sense of attention to detail are essential.</li><li>Excellent verbal and written communication skills i.e. a thorough command of the English language including excellent spelling, grammar and punctuation.</li><li>The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters.</li><li>Ability to manage and complete multiple projects within tight timeframe.</li><li>Ability to work independently with minimum direction.</li><li>Strong attention to details.</li></ul>We are an Equal Opportunity EmployerAmerican International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Experience

Sector

Hide closed jobs

Find Actuary & Actuarial Jobs in Pembroke