NA Facultative Pricing Manager

Pricing Manager – North America Facultative (Property and Casualty)

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 38 offices, we have earned superior financial strength ratings from each of the major rating agencies.

We are currently offering an excellent opportunity within our North America Facultative (Property and Casualty) business units for a Pricing Manager. This position can be in Gen Re’s home office in Stamford, CT, or in any of the following Gen Re Facultative branch locations:
Hartford, CT;
Boston, MA;
Philadelphia, PA;
New York, NY;
Atlanta, GA;
Chicago, IL;
Dallas, TX; or Los Angeles, CA. This position is a hybrid position with a minimum of 3 days per week in the office.

• Responsible for managing the development, automation, modernization, and maintenance of Cas Fac and Prop Fac North America pricing tools.
• Responsible for managing the development, maintenance, and modernization of all facultative actuarial metrics, data and reporting.
• Provide technical analytical support and training to Cas Fac and Prop Fac North America.
• Oversee collection and review of rating bureau data and other market data, assessing potential implications to Cas Fac and Prop Fac North America rates, tools and methodologies.
• Act as liaison to other business unit actuaries, and pricing and reserving associates.
• Act as liaison to Corporate Data & Analytics team to identify and execute research and development opportunities.
• Act as liaison to Corporate IT & AI teams to identify and execute areas for efficiency gains and analysis through the use of AI.
• Interact with clients in support of underwriting with regards to account pricing, data, and information.
• Assist with modernization of Cas Fac and Prop Fac North America data analyses using Power BI.
• Look at the totality of the Cas Fac and Prop Fac North America portfolios and, as a partner with the business unit leader and chief underwriter, think strategically about each business unit’s portfolio management.
• Expected to travel to Stamford, CT, or other Facultative branch locations 6–12 times per year for meetings, training sessions, and departmental discussions.

• Lead actuarial expert/resource for all Cas Fac and Prop Fac North America business.
• Responsible for providing analysis and interpretive support on Cas Fac and Prop Fac North America Individual Risk and Program business to ensure rate adequacy on a portfolio level as well as occasionally for individual risk transactions.
• Design, enhance, and modernize Cas Fac and Prop Fac North America pricing models/tools. This includes technical rating and pricing variables/assumptions, as well as working with the technical team to implement them. Collaborate with Underwriting and Corporate Data & Analytics to build or improve descriptive, diagnostic, and predictive underwriting and rating tools.

• Manage the development and maintenance of departmental metrics to ensure the profitability of the Cas Fac and Prop Fac North America portfolios.
• Review and interpret department metrics/financials and present analysis to Cas Fac and Prop Fac North America management, as well as Gen Re senior management.
• Understand all aspects of corporate reserving and experience reporting for Cas Fac and Prop Fac North America.
• Liaison to Corporate Actuarial for Cas Fac and Prop Fac North America, including providing necessary information for establishment of accurate reserves.
• Stay current on emerging exposure and coverage issues, assessing potential impact on the Cas Fac and Prop Fac North America portfolios, and formulate actuarial responses where appropriate.

• Provide quarterly analysis of Cas Fac and Prop Fac North America actuarial activity and initiatives to the BU Heads and Chief…