VP, 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 Vice President, Actuarial serves as an actuarial lead for reinsurance and risk-transfer contracts across property, casualty, and specialty insurance coverages and products, providing clients and brokers with continuous support throughout the (re) insurance lifecycle. The VP brings deep expertise in a technical area, inputs to the strategic direction of the analytics team, and manages and develops actuarial staff. Clients include growing numbers of traditional carriers and MGAs, single-state and regional mutuals, innovative Insurtechs, multi-national specialty carriers, and captives.

• Perform and review pricing analyses for proportional, excess of loss, and structured reinsurance deals using actuarially sound assumptions.
• Develop and review 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.
• Partner with clients and respond to technical queries from clients, reinsurers, and brokers regarding data, trends, or results from actuarial and industry studies.
• Implement change and best practice within a specialist area; advise and support on enterprise-wide initiatives.
• Remain up-to-date and proficient in the latest actuarial methodologies, tools, and trends, and in new and emerging technologies relevant to the line of work.
• Develop and maintain analytical tools, support execution of strategic plans, and contribute to Acrisure Re actuarial standards and best practices.
• Contribute to internal research, development projects, whitepapers, and working groups.
• Organize project workflow to meet relevant timelines (including more junior resources).
• Creates a narrative of key broking points for a given deal, including supporting exhibits and documentation. Proactively considers potential challenges/questions and plans responses.

• Bachelor's or higher degree, preferably in Actuarial Science, Statistics, Mathematics, or related STEM field.
• 7+ years of actuarial experience in a reinsurance pricing capacity.
• FCAS or near-FCAS designation, with active progression toward FCAS strongly preferred. Career ACAS may be considered.
• Actively maintains relevant Continuing Education requirements.
• Proficiency of commercial, personal, cyber, and specialty lines (re) insurance products.
• Proficiency with standardized (re) insurance pricing and reserving methodologies for property, casualty, specialty, and cyber coverages.
• Proficiency with capital models and associated parameterization of pricing and reserve risk.
• Proficiency with catastrophe models (RMS, AIR, Kat Risk, etc.), including their output and associated pricing approaches.
• Strong Microsoft Excel skills and comfort with…