AVP, Actuarial

Acrisure, LLC; New York (NY); On-site; USD 140,000 - 200,000; Full time

Job summary

Acrisure Re is seeking an Assistant Vice President, Actuarial, to price reinsurance contracts across varied products and provide ongoing client and broker support throughout the lifecycle. The AVP will develop expertise in niche areas and contribute to actuarial standards and tools, mentoring junior analysts and collaborating across stakeholders.

The role requires a solid actuarial foundation, strong Excel skills, and experience with modeling, data analysis, and communication of complex concepts

Qualifications

• Bachelor's or higher degree in Actuarial Science, Statistics, Mathematics, or related STEM field.
• 4+ years actuarial experience, preferably in a reinsurance pricing capacity
• ACAS or near-ACAS designation, with active progression toward FCAS
• Actively maintains Continuing Education requirements
• Understanding of commercial, personal, cyber, and specialty (re)insurance products
• Understanding of pricing and reserving methodologies for property, casualty, specialty, and cyber
• Understanding of capital models and pricing/reserve risk
• Understanding of catastrophe models (RMS, AIR, KatRisk, etc.) and pricing implications
• Strong Excel skills; familiar with SQL, Python, VBA; AI/LLM tools a plus
• Willingness to travel domestically and abroad
• Mentorship and collaboration with junior team members

Responsibilities

• Perform pricing analyses for proportional, excess of loss, and structured reinsurance deals using actuarially sound assumptions.
• Develop dynamic stochastic models and perform reinsurance analyses to evaluate and compare pricing strategies.
• Communicate analysis results and complex technical concepts to clients, reinsurers, and brokers.
• Support brokers in creating reinsurance submissions, pricing, structuring, and placing reinsurance.
• Provide input to respond to technical queries from clients and partners; support team members.
• Follow best practices and contribute to enterprise-wide initiatives.
• Support creation and maintenance of analytical tools and adhere to actuarial standards.
• Produce clear exhibits and visuals to lead discussions; communicate clearly to the audience.

Skills

Actuarial pricing

Communication

Problem solving

Independent worker

Time management

Mentorship

Education

Bachelor's degree in Actuarial Science/Statistics/Mathematics

ACAS designation or near-ACAS

Continuing Education requirements

Tools

Excel

R

SQL

Python

VBA

AI/LLM tools

Job description

Acrisure Re is an independent global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business. Founded in Toronto more than 25 years ago we are one of the few reinsurance brokers that work on Global reinsurance placements.

We act as a team to deliver success to our clients and to enable talent to thrive and develop. Innovation and creativity help us stand apart and underpin our growth. We empower our people and expect accountability and responsibility in turn, with ethics a critical component of everything we do.

Acrisure Re is an Agency Partner of Acrisure LLC, a global fintech-leader. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure’s dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

About the Role:

The Assistant Vice President, Actuarial prices reinsurance contracts across varying insurance coverages and products and provides clients and brokers with continuous support throughout the (re)insurance lifecycle. Building on a solid actuarial foundation, the AVP is developing expertise in one or more niche areas and begins to input into Acrisure Re's actuarial standards and toolset. This is an individual-contributor role in which the AVP also mentors and supports the development of more junior analysts. Clients include growing numbers of traditional carriers and MGAs, single-state and regional mutuals, innovative Insurtechs, and multi-national specialty carriers.

Key Responsibilities:

• Perform pricing analyses for proportional, excess of loss, and structured reinsurance deals using actuarially sound assumptions.
• Develop dynamic stochastic models and perform reinsurance analyses to evaluate and compare different reinsurance strategies and pricing to meet client objectives.
• Communicate analysis results and complex technical concepts related to (re)insurers, capital markets, and clients.
• Support brokers in creating reinsurance submissions, pricing, structuring, and placing reinsurance, and evaluating new opportunities or partnerships.
• Provide input and support actuarial team members to respond to technical queries from clients, reinsurers, and brokers regarding data, trends, or results from actuarial and industry studies.
• Follow best practices within a specialist area; support on enterprise-wide initiatives.
• Support the creation and maintenance of analytical tools and follow Acrisure Re actuarial standards and best practices.
• Contribute to internal research, development projects, whitepapers, and working groups.
• Produces clear exhibits and visuals to lead discussion of key broking points. Verbal and written communication is clear and appropriate to the audience.

Skills, Experience, and Education:

• Bachelor's or higher degree, preferably in Actuarial Science, Statistics, Mathematics, or related STEM field.
• 4+ years of actuarial experience, preferably in a reinsurance pricing capacity
• ACAS or near-ACAS designation, with active progression toward FCAS.
• Actively maintains relevant Continuing Education requirements.
• Understanding of commercial, personal, cyber, and specialty lines (re)insurance products.
• Understanding of standardized (re)insurance pricing and reserving methodologies for property, casualty, specialty, and cyber coverages.
• Understanding of capital models and associated parameterization of pricing and reserve risk.
• Understanding of catastrophe models (RMS, AIR, KatRisk, etc.), including their output and associated pricing approaches.
• Strong Microsoft Excel skills and comfort with Microsoft Office Suite.
• Experience with R preferred. Familiarity with SQL, Python, and VBA languages an advantage.
• Familiarity with AI/LLM tools to support coding, analysis, research, and documentation.
• Willingness to attend external forums and conferences and to develop relationships with key stakeholders across the business.
• Domestic and overseas business travel may be required.

Additional Requirements and Competencies:

• Strong working knowledge of all actuarial tools and techniques.
• Strong problem-solving, numerical, and critical-thinking skills demonstrated in daily work.
• Self-motivated; able to work independently in a fast-paced environment and contribute as part of a dynamic team; strong interpersonal skills.
• Ability to complete detailed analyses with very little oversight, including keeping a clear audit trail.
• Good understanding of the techniques and assumptions used in analysis and their relevance; draws conclusions from output and articulates the advantages and disadvantages of different structures.
• Excellent time management and prioritization skills – keeps on top of their workload and ensures that everyone is up to date on where tasks under their responsibility stand.
• Good internal & external communicator with the ability to articulate complex concepts. Thinks on their feet and can respond appropriately in meetings, while seeking guidance as appropriate.
• Ability to create a comprehensive timeline and plan for actuarial support on a given deal and supports junior team members development.
• Applies AI and automation tools efficiently and exercises sound judgment on where they are and are not appropriate; models responsible, compliant use for more junior staff.
• Operate effectively across functional boundaries, building and sustaining internal relationships.
• Mentor junior team members, supporting professional growth and skill development.