Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Seeking an Actuary with Programs experience to play a critical role in the development, pricing, and management of the company's insurance programs for a newly established Programs division. This position involves performing actuarial analyses, developing pricing models, and providing insights to support strategic decision-making. The Programs Actuary will work closely with underwriting, finance, and other departments to ensure the profitability and sustainability of the insurance programs.
Key Responsibilities:
- Develop and maintain pricing models for various insurance programs.
- Perform actuarial analyses to support program development, pricing, and risk management.
- Analyze loss experience and trends to inform pricing and underwriting decisions.
- Collaborate with underwriting, finance, and other departments to develop and implement program strategies.
- Monitor program performance and provide recommendations for adjustments as needed.
- Prepare actuarial reports and presentations for senior management and other stakeholders.
- Stay current with industry trends, regulatory changes, and best practices in actuarial science.
- Assist in the development and maintenance of actuarial policies, procedures, and methodologies.
- Participate in special projects and initiatives as required.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) or equivalent designation.
- Minimum of 3-5 years of experience in actuarial roles, preferably within the property & casualty insurance industry.
- Strong understanding of insurance program development, pricing, and risk management.
- Excellent analytical, problem-solving, and critical-thinking skills.
- Strong written and verbal communication skills.
- Ability to work independently and as part of a team.
- Proficiency in actuarial software and Microsoft Office Suite.
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.