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Vice president, reinsurance actuary

Hamilton
Posted: 26 December
Offer description

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.We're looking for anVice President, Reinsurance ActuaryBased in Bermuda and reporting to the Head of Pricing, Hamilton Re, 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 doMaintain 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.Contribute to the development of aggregation methodologies for non-elemental risks..Conduct profitability studies in various segments of the portfolioSupport other pricing and reserving projects across the company.Conduct StandardsYou must act with integrityYou must act with due skill, care and diligenceYou must be open and cooperative with the FCA, the PRA and/or other relevant regulatorsYou must pay due regard to the interests of customers and treat them fairlyYou must observe proper standards of market conductYou must act to deliver good outcomes for retail customersWhat you require for the roleProfessional actuarial designation (FCAS or equivalent) or a post graduate degree in Statistics or MathematicsAt least 8 years' experience in a pricing role in the reinsurance industryExperience with Reinsurance contract pricing, including pricing excess of loss and proportional contracts as well as evaluating with common contract featuresAbility to effectively communicate analytical findingsExperience with programming in VBA, SQL, R and PythonFamiliarity with Catastrophe and Risk aggregation modelsAbility to work both independently and collaborativelyOpen, innovative and inclusive mindsetCollaborative spiritResults-oriented and growth mindsetWhat you can expect from usWe offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.We know if we welcome and respect differences, we'll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.

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