Actuarial Assistant / Analyst

Reposted 6 Days Ago
New York, NY
In-Office
80K-100K Annually
Entry level
Insurance
The Role
The Actuarial Assistant/Analyst will support property reinsurance pricing, analyze risks with data, and assist in various actuarial projects.
Summary Generated by Built In

About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

Integrity                      Work honestly, to enhance TransRe’s reputation

Respect                       Value all colleagues. Collaborate actively.

Performance               We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths

Entrepreneurship        Seize opportunities. Innovate for and with customers.

Customer Focus         Anticipate their priorities. Exceed their expectations.

We have the following job opportunity in our New York City office:

Description

The Actuarial Assistant/Analyst will work within our Property Pricing team and will report to the Senior Pricing Actuary. This role is well suited for someone eager to develop actuarial and analytical skills in a collaborative environment while gaining hands-on exposure to property insurance and reinsurance pricing. Responsibilities required of this role include, but are not limited to:

  • Supporting the pricing of property reinsurance treaties and facultative programs
  • Working closely with underwriters, actuaries, and technical specialists to analyze risk and support pricing decisions
  • Working with property catastrophe models, including handling large datasets and interpreting model outputs
  • Using catastrophe model results and other analytical inputs to help structure and evaluate various property products
  • Assisting with portfolio analysis, business performance measurement, and risk insights
  • Contributing to quarterly reserving and profitability reviews
  • Supporting actuarial parameter studies such as loss trends, loss development factors, and increased limits factors
  • Participating in ad-hoc actuarial and analytical projects as opportunities arise

Requirements

  • 0–3 years of experience in an actuarial, analytical, or related role
  • Interest in property insurance, reinsurance, and pricing analytics
  • Progress toward actuarial exams, commensurate with experience level
  • Proficiency in Excel, including working with large datasets using PivotTables and PivotCharts, common analytical functions (e.g., XLOOKUP or INDEX/MATCH, SUMIFS, IF/IFS), and building clear charts and well-structured models
  • Familiarity with Power Query and basic automation (such as macros or VBA) is a plus, but not required
  • Exposure to property catastrophe modeling tools or large-scale analytical datasets is beneficial but not expected
  • Experience with additional tools such as Python, SQL, or other data platforms is helpful but not mandatory

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

Compensation

In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $80,000 – $100,000. This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.

Top Skills

Excel
Power Query
Python
SQL
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The Company
HQ: New York, New York
642 Employees
Year Founded: 1977

What We Do

We are a leading international reinsurance organization headquartered in New York with operations worldwide.

We offer reinsurance capacity on both a treaty and facultative basis.

We built our business on the principles of capacity, reliability, expertise and creativity to deliver the risk transfer solutions you need to support your business.

We work closely with you, listening and asking to understand your strategic objectives, and offering you the full spectrum of property and casualty products, services and support to help you grow and succeed.

We have dedicated teams of local professionals near you and we build relationships based on the fundamental promise that we will be here when you need us.

We have the ability and willingness to pay your claims.

We are members of the Berkshire Hathaway group of companies.

We value risk.


Our Core Values are woven into our key employment policies and procedures:

Integrity - Work honestly. Enhance our reputation.
People - Develop diverse talent. Reward excellence.
Customer Focus - Anticipate their priorities. Exceed their expectations.
Respect - Value all colleagues. Collaborate with one another.
Entrepreneurship - Seize opportunities. Innovate for and with customers.
Performance - Be accountable. Manage risks. Deliver our strength.

For immediate and confidential consideration, please email your resume to [email protected].

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