Lead Actuary, Alternative Risk Transfer

Job not on LinkedIn

September 27

🏖️ New Jersey – Remote

Although this job is listed in New Jersey, this company may be open to hiring remote in other states.

💵 $200k / year

⏰ Full Time

🟠 Senior

📊 Actuary

Apply Now

Receive Emails with Similar Jobs

Brown & Brown Insurance

WebsiteLinkedInAll Job Openings

Finance • Insurance

Brown & Brown Insurance is one of the largest independent insurance brokerages globally, providing a comprehensive range of risk management solutions. Established in 1939, the company offers personal and business insurance, employee benefits, and various national programs. Brown & Brown is committed to diversity, inclusion, and belonging, fostering a culture that values talent and experience. With over 500 locations, the company is well-positioned to meet the diverse needs of its clientele and is listed on the New York Stock Exchange under the ticker BRO. The firm's strategic focus on mergers and acquisitions highlights its disciplined growth strategy.

10,000+ employees

Founded 1939

💸 Finance

📋 Description

• Support the pricing of individual accounts and work closely with ART underwriting • Ensure the design, maintenance and use of pricing tools is consistent with actuarial approaches • Understand and factor in carrier partner timelines, targets, approaches, benchmarks, guidance, and assumptions • Work with CAT Modeling Team to understand approach, including data needs, assumptions, and drivers of output • Prioritize and lead actuarial projects, balancing both planned support and unplanned requests • Collaborate with the CUO, ART underwriters, Catastrophe Analysts and Lawyers on new business opportunities • Support the development of pricing tools across the Specialty Casualty Division • Enhance approach on predictive analytics work that impacts pricing • Embrace client-centric culture and behavior both within and outside the actuarial functions • Support portfolio management, reporting and binder/reinsurance negotiations, including appropriate accounting for ART products

🎯 Requirements

• Actuarial designation of ACAS (FCAS is a plus) • Minimum of 5 years of actuarial experience; ART modeling is a plus • Bachelor’s degree in mathematics, Actuarial Science or related field • Ability to work independently and autonomously, while taking direction • Excellent attention to detail • Ability to separate the important information from the unimportant, as well as to work with ambiguous and incomplete information • Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is very advantageous • Strong technical pricing skills with knowledge of exposure-based pricing, experience modelling, catastrophe modelling, stochastic techniques, and predictive analytics

🏖️ Benefits

• Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance • Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement • Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services • Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more • Note: Benefit details and offerings may vary for subsidiary entities or in specific geographic locations