Health Pricing Actuary

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.

Gen Re currently offers an excellent opportunity for Life Health Pricing Actuary based in our Toronto office located in Toronto's Financial District. The role offers the flexibility to split their work week between a remote location and in-office presence.

Reporting to the Regional Chief Actuary (Canada), the Life / Health Pricing Actuary is an integrated and critical member of the Pricing and Research team. The role applies technical actuarial expertise while overseeing the production of quotations for individual and group Life & Health reinsurance business. The Life / Health Pricing Actuary contributes to and supports the team's objectives for the acquisition and management of profitable reinsurance business.

Key Responsibilities:

• Oversees actuarial functions in support of pricing initiatives including modeling and the preparation of standard and complex quotations and related activities, including basis-setting. Prepares documentation for authorization and sign-off and any related presentation materials for clients, partners and other stakeholders. Interacts with clients in response to pricing queries and resolution of technical issues.
• Interacts with functional partners and colleagues within Segment (US, UK, Ireland, South Africa, US, Australia, NZ & Caribbean) and other global offices to collaborate on bespoke pricing quotations, product offerings or client initiatives, and provides support to other Gen Re offices. Maintains effective working relationships with and provides support to underwriting teams.
• Works collaboratively with Canada Chief Actuary and global colleagues to define Terms of Trade; undertakes relevant research and determines appropriate methodologies for setting general pricing bases for existing and new lines of business.
• Conducts analysis investigations for the purposes of monitoring Gen Re's experiences for quotation purposes. Leads and/or contributes to data collection, analytics and research, as it relates to pricing, product initiatives and client solutions. Performs risk assessments and provides input to product development and process design.
• Leads and/or contributes to strategic initiatives as an integral member of the Pricing and Research team; leverages expertise in actuarial tools and systems (such as AXIS), in data and analytics, machine learning, GLMs, insurtechs and other innovative advancements. Contributes to initiatives that improve operational efficiencies, mitigate risk and align with life and health regulatory frameworks.
• Works collaboratively with the Regional Director to build and maintain relationships with existing clients and to develop new business in Canada. Participates in client meetings, events and marketing initiatives. Maintains a thorough understanding of competitive landscape.
• Shares knowledge and experience with local and international colleagues through the development of thought leadership, in written materials and presentations (eg. Lunch & Learn).

• A qualified actuary (FSA, FCIA) and Fellow of the Canadian Institute of Actuaries with at least three years of post-Fellowship experience in an insurance or reinsurance environment in roles involving…