| Description: |
Actuary/AVP opening in Pennsylvania. Serve as actuarial and financial model consultant to clients, brokers, and reinsurance markets: using stochastic and other modeling devices (proprietary and third party) to assess risk for reinsurance and other financial consulting, monitoring industry developments, researching and responding to information requests, providing timely and accurate service, under minimal supervision; model the probability distributions of the gross/ceded/net underwriting results of an insurance company client based on an actuarial analysis of frequency and severity focusing on large losses; analyze how the distribution of results and relevant risk measures change as a result of application of various proposed reinsurance alternatives; evaluate historical experience of treaties for use in negotiation of renewals or commutations; understanding and applying modeling to general financial issues (ERM) facing client companies; selling the modeling platform and showing its value to prospects. Must have 4+ years of P&C actuarial and/or insurance industry experience, including preferably 2 years relevant experience in reinsurance and/or consulting; technical expertise in reinsurance experience and exposure rating, loss distributions, reinsurance terms and conditions, and simulation modeling would be a plus. 3-7 CAS exams completed. Salary $open. (PR5218*) |