Reinsurance Lead Actuary
Listed on 2026-08-30
-
Insurance
Actuary, Risk Manager/Analyst
Why join the Novacore team?
Because your next stellar chapter starts here — and we’re building something bold and meaningful. At Novacore, we’re not your average insurance company. We’re a team of driven professionals passionate about redefining the specialty insurance experience for our agents, carrier partners — and for each other. We specialize in tailored solutions for niche industries, powered by advanced analytics, modern technology and a culture of innovation.
Backed by strong leadership and strategic growth initiatives, Novacore is poised to scale and lead in the specialty insurance market. But at our core, we believe it’s not just what we do — it’s how we do it and who we do it with. Recognized as a top workplace, Novacore is a place where ambition is supported, growth is continuous and culture matters.
From day one, you’ll find mentorship, hands‑on learning and clear paths for advancement. You’ll grow your skills, expand your expertise and become even more exceptional — because when you succeed, we all do.
We offer:
- A collaborative, results‑driven environment
- Competitive compensation and comprehensive benefits
- Year‑round social and community events
- Ongoing mentorship and professional development
- Endless opportunities for upward mobility
- Reinsurance Pricing & Portfolio Own the actuarial pricing for SUI's casualty facultative book — experience and exposure rating, loss picks, and renewal assumptions — partnering closely with underwriters
- Build the pricing and portfolio‑steering framework for SUI's growth lines: property facultative, broker facilities, and casualty treaty
- Perform loss ratio analysis, rate adequacy reviews, trend studies, and experience monitoring across the reinsurance book
- Stand behind your numbers — explain methodologies, loss picks, and renewal outcomes to underwriters, cedents, brokers, and leadership
- Structuring & Growth Help shape how SUI grows — from a single casualty fac program into a multi‑line reinsurance platform — bringing the actuarial lens to new‑line launches and facility design
- Evaluate exposure, aggregation, and cat where it touches the book; support structuring and capacity decisions
- Bring rigor to portfolio construction: which risks, at what price, at what attachment, for what return
- Be comfortable marketing programs, updates and new initiatives to carrier partners
- Data Science & AI Build SUI's data‑science infrastructure from the ground up — the pipelines, the rating tools, the dashboards, the data architecture that the whole division will run on
- Apply modern data science — predictive modeling, GLMs, gradient boosting, clustering — to reinsurance pricing and portfolio problems
- Leverage AI tools (LLMs, agentic workflows, Claude) to automate and augment the work
- Modernize legacy spreadsheet‑driven workflows into something you'd actually be proud of
- Leadership & Cross-Functional Impact Sit on the Chief Actuary's leadership team — your work and your judgment shape strategy, not just spreadsheets
- Be the single actuarial point of contact for the reinsurance division: trusted, accountable, and visible
- Work directly with underwriting, claims, data engineering, analytics, and leadership across Novacore
- Contribute to tech‑stack decisions — you'll evaluate platforms, prototype solutions, and build the reinsurance actuarial infrastructure
- Foundation Strong grounding in mathematical statistics, actuarial science, and practical (re) insurance fundamentals
- Reinsurance experience strongly preferred — treaty and/or facultative pricing, on the carrier, reinsurer, or broker side
- P&C and commercial‑lines background; casualty exposure a plus given where SUI starts
- Progress toward CAS designation is valued; ACAS/FCAS is a plus but not required — we care more about what you can do than what letters follow your name
- Technical Chops Programming proficiency in Python, R, and/or SQL — you don't need to be a software engineer, but you should be comfortable building things, not just running macros
- Hands‑on experience with experience rating, exposure rating, and reinsurance pricing tools (e.g. Aon Altair, Meta Risk, or homegrown equivalents)
- Familiar…
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).