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Pricing Actuary - Reinsurance

Description
Position Summary
To provide effective, high quality actuarial pricing service and support to underwriters, and give ad-hoc support to senior actuaries and management.
Essential Functions
Price treaty reinsurance business, and provide actuarial support to underwriters in pricing risks for a range of classes, including casualty, property, multiline, and specialty lines.
Contribute to the maintenance of pricing tools on an annual basis. Work with underwriters and other actuaries in the Group for enhancing and developing new pricing tools as required
Provide assistance to underwriters to ensure that pricing tools are used appropriately
Contribute to the development of technical pricing across the various underwriting teams
Provide support to the reserving process for Aspen Re America Casualty and Property teams, as necessary.
Be part of the actuarial team and contribute to the development of actuarial services across all areas of business
Play a key role in the development of the actuarial team as it grows.
Non-essential Functions
Act in accordance with and be an advocate for the Aspen Spirit.
Participate and undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required.
Ensure company, market and client related documentation is issued (internally and externally) accurately and on time where applicable.
Comply with external and internal regulatory and statutory policies, procedures and regulations.
Operate as an effective team member by supporting colleagues and contributing in the delivery and achievement of overall team and business objectives.
Liaise with relevant and associated areas and groups within the business process to establish, support and maintain business relationships and organizational effectiveness.
Undertake any other duties of a similar nature that the company reasonably requests to be performed that are within the expertise and skills of the jobholder.
Education / Experience
Qualified Actuary - ACAS/FCAS, FIA or equivalent
At least 3 years reinsurance pricing experience
7 or more years commercial experience
Skills (Minimum Requirements)
IT/Software Skills
Advanced knowledge of MS Excel (essential)
VBA, @Risk (very desirable)
Working knowledge of MS Access, MS PowerPoint and MS Word
Technical / Statistical Skills
Actuarial techniques for pricing all lines of business
Familiarity with common statistical distributions and fitting techniques
Use of simulation techniques for pricing loss sensitive product features
Communication & Personal Skills
Ability to communicate statistical and actuarial output to underwriters using appropriate language
Strong interpersonal skills
Ability to work well independently or with others, particularly in a small team.
Highly motivated individual


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