Lead Casualty Pricing Actuary

Lead Casualty Pricing Actuary

Lancashire Insurance Company Limited, a member of the Lancashire Insurance Group, is seeking a Lead Casualty Pricing Actuary to join our Casualty Underwriting team. The successful candidate will be a detail‑oriented, qualified actuary capable of effectively leading Casualty reinsurance pricing which includes model building, model parametrisation, case pricing, portfolio analysis and other day‑to‑day tasks.

Department: Underwriting
Location: Bermuda

• Assist with design and development of pricing models to optimise competitive advantages and support corporate objectives.
• Ensure models are accurately parameterised using latest claims and market data.
• Assist underwriting team with day‑to‑day pricing of accounts for the casualty book of business.
• Complete data requests related to reinsurance renewal efforts.
• Assist the actuarial team with assumptions to inform the reserving process and reserve variability calculations.
• Completes other actuarial duties as assigned.

• Associate or Qualified actuary (FIA/FCAS or equivalent).
• At least 10 years’ experience in the casualty (re) insurance field with a focus on pricing.
• Experience pricing for the US Casualty market is essential.
• Evidence of the ability to maintain independence of thought and courage of conviction to always ensure objectivity.
• Ability to use appropriate risk management tools, systems and resources.
• Ability to communicate and interact with all levels of the organisation and external stakeholders, including being able to explain risk issues both in practical business language as well as in technical risk concepts.
• General understanding of insurance accounting and company financial statements.
• Strong work ethic and the ability and willingness to work flexibly to meet business needs including extended hours, including weekends, as required.

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day‑to‑day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

Straight‑talking
:
We feel empowered to share thoughts and ideas, because everyone’s voice matters.

Collaborative
:
We work together towards common goals, share knowledge and support each other.

Hard‑working
:
We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible
:
We focus on achieving tangible results with consistent standards across the Group.

Positive
:
We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.

Mid‑Senior level

Full‑time

Finance and Sales

Industry: Insurance