Responsibilities will include pricing reinsurance treaties under the direction of the Senior Property Actuary. Support the New York Property Treaty Team in actuarial pricing and portfolio analytics. Use both experience and exposure rating tools to help develop property price recommendations. Communicate results to underwriters in a clear and concise manner. Develop strong skills in SQL query language for the purpose of portfolio analytics report building in excel. Help develop and/or prototype tools and reports as needed. Perform quarterly property profitability studies. Train and/or assist underwriters and managers in developing and interpreting price and portfolio metrics.
Candidate will be expected to progress in their actuarial exams and their continuing education.
Familiarity with Industry Catastrophe Models (e.g. AIR, RMS)
Demonstrate progress on their exams (at least one exam per year experience)
Bachelor’s degree in Math, Economics, Finance or a related subject
Proficiency with Microsoft Office tools (Excel, Word, Access, etc.)
Working knowledge of a database query language (e.g. SQL) and/or a mathematical/statistical programming language such as R, Matlab, or SAS
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.
About Transatlantic Reinsurance Co. (TransRe)
Since 1977 we have been a leading international reinsurer that combines global reach with local decision making to deliver first class solutions. Our customer and broker relationships are based on years of trust and experience. We have a flat organization structure that combines a strongly rated balance sheet with a willingness and ability to pay claims consistently. We operate through a network of 25 offices globally and proudly take a hands-on approach to write every product in every jurisdiction with a promise not to compete with our clients.
Our Vision Is to be the first-choice provider of reinsurance to our clients worldwide. We strive to create unmatched value for our customers, colleagues, business partners, and shareholders as we contribute to the growth of sustainable, prosperous communities. We achieve this through our Core Values:
Experience - The foundation of our trust-based relationships;
Expertise - The basis of our timely, value added insight and support for our customers;
Accessibility - All lines of business, all over the world;
Strength - An ability and willingness to pay claims;
Integrity - We do not compete with our customers.