Global leader in insurance broking and innovative risk management solutions|Growth Opportunities
About Our Client
Leading global professional services firm in the areas of risk & strategy
Job Description
Work with the catastrophe modelling team to understand natural peril drivers of clients financial performance and the influence of natural perils on primary pricing
Support the renewal process through reinsurance pricing analysis and support of the broking team in negotiations with reinsurers.
Analyze how the distribution of results and relevant risk measures changes as a result of applications on various proposed reinsurance alternatives
Utilise cost/benefit analysis to advise brokers and clients optimal reinsurance programs based on risk tolerance level
Respond to client queries and concerns, resolving issues promptly and monitoring market trends, actuarial related development, and client changes jointly with the Client Manager;
Provide technical training to clients and colleagues, and stay well informed on regulatory developments in the region
Using intensive actuarial, insurance and products training to structure, negotiate and assist in selling reinsurance arrangements that optimize economic value for insurers/clients based on products best estimate assumptions;
Ability to work in conjunction with Global team on actuarial reserving tools, applying the various actuarial reserving methods for arriving at exposure risk analysis for insurance company's.
Client management and consistent deliverability of offerings with a focus on servicing current relationship and expanding the opportunities in the existing base in addition to new clients.
The Successful Applicant
Progress towards professional actuarial qualification, e.g. FCAS, FIAA, or FIA
Excellent communication, presentation and project management skills
Strong ability to handle significant workflow through efficient time management
Strong ability to identify and solve potential problems in their speciality and develop creative solutions
Understanding of the product lines, and the global and regional industry conditions to identify significant considerations that insurers should address in designing their programs
Well-versed in Microsoft Office software and programming languages, e.g. R-Studio, Python , Alteryx
Ability to work autonomously
6-9 years commercial experience, reinsurance or primary pricing experience preferred
