Actuarial: Managing Director, Reinsurance Structuring

Position: Actuarial: Managing Director, Reinsurance Structuring

Company: Reinsurance Organization

Location: North Carolina

Job ID: 18269



RESPONSIBILITIES

- This role will work closely with a modeling actuary who will perform the associated advanced risk modeling required.
- The position will also support the managing director responsible for working directly with Company business affiliates to provide reinsurance expertise and retention analysis.
- In new markets this support may also involve more in depth review with respect to their reinsurance programs.
- For Group Cession executed life transactions - support team maximize value added through superior assessment of risk and structuring.
- Own, develop, and maintain pricing philosophy for transactions.
- Ensure pricing and structuring properly assesses risk.
- Evaluate cost benefit of risk tradeoff and capital relief and provide recommendations.
- Given a identified transaction, establish a plan and timeline to deliver on.
- Ensure new business pricing and modeling is consistent with existing practice and procedures.
- Ensure transaction control process complies with SOX and risk management requirements.
- Develop pricing reports documenting solutions and critical attributes of evaluation.
- Communicate evaluation, critical drivers of pricing and overall structure to a pricing/risk committee and/or senior management for approval.
- Consult with affiliates to provide life reinsurance structuring feedback and retention analysis.
- Review pricing reports from new markets / new products to evaluate the appropriateness of assumptions and risk structure and reinsurance programs.
- Monitor financial results of transactions and affiliate reinsurance transactions.
- Actively participate and lead select research and development efforts to support our pricing methodology and assumption base eg. develop understanding of different regulatory environments and arbitrage solutions.
- Collaborate with reinsurance pricing and capital markets teams to continually improve pricing processes and structures.
- Assist on other corporate projects/requirements as necessary eg budget projections/financial reporting.
- Other duties as required for the position.

QUALIFICATIONS:

- Professional Credentials and Experience: FCAS / FSA, 10+ years of industry or related experience.
- Extensive reinsurance, casualty or life insurance experience required.
- Demonstrated ability and enthusiasm to master new skills and concepts quickly.
- Demonstrated effectiveness in working with senior management.
- Demonstrated critical thinking ability.
- Experienced in forming effective networks within a large organization.
- Strong analytical skills with demonstrated problem solving ability.
- Ability to quickly move from granular deals to broader business strategies.
- Bachelors Degree in Actuarial, Finance or Accounting or equivalent combination of education & experience.
- Excellent verbal & written communication skills.
- Highly motivated/self-starter.
- Must be able to work effectively independently & as part of a team.
- Proficiency in windows-based software Excel, Access, etc..
- Regular attendance and ability to work extended hours as necessary to meet project deadlines.
- Ability to travel overseas occasional as needed.

Agency/Employer: Jobs4Actuary.com
Town or City: North Carolina, US (Abroad)
Sector: Insurance
Related Job Titles: Not stated
Permanent/Contract: Permanent, Full time
Experience: 10 years
Date: More than 60 days
Salary: Not specified

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