Reeve and Associates
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Underwriter and Actuarial Associate (Accident & Health)
Job Information
Post Date:May 01, 2023Type:Full time
Start Date:- n/a -Salary:80-90K
Location: US - Connecticut - Stamford Job Reference:RA2205

Job Details

Position: RA2205
Title: Underwriter and Actuarial Associate (Accident & Health)
Salary: 80-90K
Location: CT - Stamford

Insurance company is looking for a Underwriter and Actuarial Associate for the Accident & Health division. They are looking at recent grads and up to people with 3 years experience. The role is based in the Stamford, CT office and requires someone in office Tuesday, Wednesday and Thursday. This is an excellent opportunity to work with a great team and mentor.

  •         Analyze the profitability of treaty reinsurance submissions
  •         Support team of Actuaries and Underwriters in the evaluation of submissions for the placement of reinsurance coverage for various lines of business and products
  •         Create and improve reporting processes for the Accident and Health book of business
  •         Support the development of pricing indications
  •         Update pricing models parameters, including trends, increased limit factors, and development data using all available information
  •         Provide price monitoring information on bound accounts for subsequent loss reserve analysis
  •         Clear, precise, effective communication with internal actuaries, senior management, and clients
  •         Maintain familiarity with insurance industry developments that impact underwriting and pricing analysis
  •         Perform other related duties as required to achieve the goals and objectives of the company and department
  •         Document underwriting files and generate performance reports
  •         Analyze claims and quantify losses
  •         Review financial statements and ratios used in risk analysis
  •         Quantify risks based on claims experience history and forecasting methods

  •         Interest in multiple lines of Accident and Health business including reinsurance pricing, coverage, and external factors that would affect profitability
  •         Comprehend complex data sets and the creativity to reach sound conclusions with available information
  •         Maintain confidentiality of company-sensitive data and Personal Health Information
  •         Perform other related duties as required to achieve the goals and objectives of the company and department
  •         Strong mathematical and analytical skills
  •         Strong proficiency in Microsoft Excel
  •         Microsoft Excel VBA coding skills a plus
  •         Bachelor’s degree in actuarial science, mathematics, or similar field
  •         Knowledge of the Accident & Health and reinsurance industries as it pertains to coverages, rate making process, risk exposures, and contracts a plus
  •         No experience necessary, 0-3 years in the insurance industry acceptable
  •         Minimum 2 Society of Actuaries exams passed
  •         Working towards ASA or FSA designation


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Contact Information
Reeve and Associates

City: Stamford
State/Province: Connecticut
Zipcode: 06905
Country: United States

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