Assistant Vice President, Reinsurance Actuary

Job description

We’re looking for an Assistant Vice President, Reinsurance Actuary Based in Bermuda and reporting to the Head of Pricing, Bermuda, you will work alongside our risk analysts to build out our data-driven underwriting strategy. Applying your experience in pricing, reserving and capital modelling will be crucial to augment the actuarial processes used by our risk and underwriting teams. Hamilton Re is our Bermuda insurer underwriting property, casualty and specialty insurance and reinsurance on a global basis. What you will do Maintain and improve reinsurance pricing models to ensure consistency in design, parameter benchmarking, rate-adequacy monitoring and automation of data capture. Assist with pricing reinsurance contracts across Casualty, Specialty and Property classes. Collaborate closely with underwriting teams across the company. Conduct profitability studies and reporting on various segments of the portfolio Support other pricing and reserving projects across the company. What you require for the role Professional actuarial designation (FCAS or equivalent) At least 5 years’ experience in a pricing role in the reinsurance or insurance industry Experience with Reinsurance contract pricing, including pricing excess of loss and proportional contracts as well as evaluating with common contract features Ability to effectively communicate analytical findings Experience with programming in VBA, Python, SQL, and R preferred Experience with Tyche pricing platform preferred Familiarity with Catastrophe and Risk aggregation models Ability to work both independently and collaboratively Open, innovative and inclusive mindset Collaborative spirit Results-oriented and growth mindset Conduct Standards You must act with integrity You must act with due skill, care and diligence You must pay due regard to the interests of customers and treat them fairly You must observe proper standards of market conduct You must act to deliver good outcomes for retail customers What you can expect from us We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More. Our employees consistently say they would recommend Hamilton as a great place to work — a testament to the inclusive, supportive, and empowering culture we’ve built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success In good company. Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with.