AVP, Actuarial

AVP, Actuarial

Actuarial Department

New York, New York

Acrisure Re is an independent global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business. Founded in Toronto more than 25 years ago we are one of the few reinsurance brokers that work on Global reinsurance placements.

We act as a team to deliver success to our clients and to enable talent to thrive and develop. Innovation and creativity help us stand apart and underpin our growth. We empower our people and expect accountability and responsibility in turn, with ethics a critical component of everything we do.

Acrisure Re is an Agency Partner of Acrisure LLC, a global fintech-leader. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure' s dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

The Assistant Vice President, Actuarial prices reinsurance contracts across varying insurance coverages and products and provides clients and brokers with continuous support throughout the (re) insurance lifecycle. Building on a solid actuarial foundation, the AVP is developing expertise in one or more niche areas and begins to input into Acrisure Re's actuarial standards and toolset. This is an individual-contributor role in which the AVP also mentors and supports the development of more junior analysts.

Clients include growing numbers of traditional carriers and MGAs, single-state and regional mutuals, innovative Insurtechs, and multi-national specialty carriers.

• Perform pricing analyses for proportional, excess of loss, and structured reinsurance deals using actuarially sound assumptions.
• Develop dynamic stochastic models and perform reinsurance analyses to evaluate and compare different reinsurance strategies and pricing to meet client objectives.
• Communicate analysis results and complex technical concepts related to (re) insurers, capital markets, and clients.
• Support brokers in creating reinsurance submissions, pricing, structuring, and placing reinsurance, and evaluating new opportunities or partnerships.
• Provide input and support actuarial team members to respond to technical queries from clients, reinsurers, and brokers regarding data, trends, or results from actuarial and industry studies.
• Follow best practices within a specialist area; support on enterprise-wide initiatives.
• Support the creation and maintenance of analytical tools and follow Acrisure Re actuarial standards and best practices.
• Contribute to internal research, development projects, whitepapers, and working groups.
• Produces clear exhibits and visuals to lead discussion of key broking points. Verbal and written communication is clear and appropriate to the audience.

• Bachelor's or higher degree, preferably in Actuarial Science, Statistics, Mathematics, or related STEM field.
• 4+ years of actuarial experience, preferably in a reinsurance pricing capacity
• ACAS or near-ACAS designation, with active progression toward FCAS.
• Actively maintains relevant Continuing Education requirements.
• Understanding of commercial, personal, cyber, and specialty lines (re) insurance products.
• Understanding of standardized (re) insurance pricing and reserving methodologies for property, casualty, specialty, and cyber coverages.
• Understanding of capital models and associated parameterization of pricing and reserve risk.
• Understanding of catastrophe models (RMS, AIR, Kat Risk, etc.), including their output and associated pricing approaches.
• Strong Microsoft Excel skills and comfort with Microsoft Office Suite.
• Experience with R preferred. Familiarity with SQL, Python, and VBA languages an advantage.
• Familiarity with AI/LLM tools to support coding, analysis, research, and documentation.
• Willingness to attend external forums and conferences and to…