What are the responsibilities and job description for the Pricing Actuary - GenStar position at Gen Re Corporation?
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GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies .GenStar currently offers an excellent opportunity for Pricing Actuary - GenStar based in our Stamford office. This is a hybrid role.
Role Description
Primary Responsibilities/activities are:
- Assist in pricing and related projects as assigned by manager
- Build understanding of all General Star and Genesis management reports
- Evaluate rate adequacy on prospective blocks of business
- Provide necessary support on admitted business and associated filings
- Perform rate adequacy studies on our various departments
- Understand and revise the pricing models we disseminate to others
- Manage assigned projects involving pricing, reserving, benchmarking, support of Group Finance or Accounting.
- Assist when needed on compliance issues (e.g. to state regulators)
- Work in multidiscipline groups
- Pass actuarial examinations or learn quickly from on the job training
Role Qualifications and Experience
- A University degree is required with a major course of study in Actuarial science, Mathematics, Economics, or similar quantitative fields
- Actuarial Exams – at least 3 exams passed, and continued pursuit of actuarial exams
- Proficient in Excel (with VBA helpful), Access, SQL helpful
- Familiar with technical tools to manipulate data sets (Python/R) and experience in building and implementing machine learning and predictive models.
- Some actuarial industry experience/Internships desirable
- Strong analytical and critical thinking skills
- Strong verbal and written communication skills
- Enthusiastic team player/self -starter
Salary Range
91,000.00 - 152,000.00 USDThe annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
