PRICING ACTUARY – P&C – BERMUDA – 10% TAX – HR127
About this opportunity
Our client is seeking an experienced Pricing Actuary to support their specialty insurance team, with a focus on the Casualty underwriting space. The successful candidate will be responsible for developing and enhancing pricing and portfolio management tools to drive profitable growth and support informed decision-making.
Key responsibilities:
- Ensure underwriters have access to up-to-date technical pricing models and tools, and oversee their delivery, implementation, and ongoing maintenance
- Develop and apply product pricing methodologies, including algorithms, parameters, impact analysis, and advanced techniques aligned with business strategies
- Collaborate with the pricing model team to develop, test, and calibrate pricing tools
- Oversee and maintain the rate monitoring process for portfolios, providing regular reporting on pricing adequacy and rate changes
- Conduct account-level pricing for bespoke deals where sufficient exposure and claims data exist
- Design and maintain dashboards and portfolio management tools, enabling underwriters to monitor and optimize portfolio performance
- Partner with IT to enhance portfolio management capabilities that support profitable underwriting
- Lead portfolio management activities, including profitability studies and in-depth portfolio reviews
- Collaborate with underwriting teams to analyze market trends, portfolio shifts, and emerging issues, providing insights and recommendations to enhance profitability
- Support the annual profit study and planning process, including base loss ratio selection
- Evaluate and contribute to reinsurance purchasing decisions
- Provide data and analytics support for the reinsurance placement process
What you’ll need
- Actuarial designation: Chartered Actuary (FIA), ASA, FSA, or ACAS
- Approximately 5 years of experience in insurance and reinsurance markets
- Solid business acumen with the ability to link market trends to financial impact
- Familiarity with reserving and capital models
- Excellent communication and interpersonal skills, with the ability to convey complex concepts to non-specialist stakeholders
- Strong mathematical, statistical, and analytical skills
- Proficiency in actuarial software and Microsoft Office (especially Excel)
- High attention to detail and strong problem-solving abilities
How to apply
- To apply, attach your résumé or include a link to your LinkedIn profile
- If you don't provide one of the above, we can't progress your application
For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.
Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.
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