Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Nexus Specialty Casualty is seeking a Lead Actuary of Alternative Risk Transfer to join our growing team!
The Lead Actuary plays a key role in building, developing and executing the growth of the ART business for Nexus Specialty Inc. in the USA. The Deal Actuary oversees actuarial work for ART structured business, leads the relationship with the firm’s NatCat modelers and works hand-in-glove with the CUO and underwriting team to achieve best results for us and our clients.
How You Will Contribute:
- Responsibilities include, but are not limited to:
- Support the pricing of individual accounts and work closely with ART underwriting.
- Ensure the design, maintenance and use of pricing tools is consistent with actuarial approaches.
- Understand and factor in carrier partner timelines, targets, approaches, benchmarks, guidance, and assumptions.
- Work with CAT Modeling Team to understand approach, including data needs, assumptions, and drivers of output.
- Prioritize and lead actuarial projects, balancing both planned support and unplanned requests.
- Collaborating with the CUO, ART underwriters, Catastrophe Analysts and Lawyers on new business opportunities as part of a team.
- Support the development of pricing tools across the Specialty Casualty Division.
- Enhance approach on predictive analytics work that impacts pricing.
- Embrace client-centric culture and behavior both within and outside the actuarial functions.
- Support portfolio management, reporting and binder/reinsurance negotiations, including appropriate accounting for ART products.
Licenses and Certifications:
- Actuarial designation of ACAS. FCAS is a plus.
Skills & Experience to be Successful:
- Minimum of 5 years of actuarial experience; ART modeling is a plus.
- Bachelor’s degree in mathematics, Actuarial Science or related field.
- Ability to work independently and autonomously, while taking direction.
- Excellent attention to detail.
- Ability to separate the important information from the unimportant, as well as to work with ambiguous and incomplete information.
- Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is very advantageous.
- Strong technical pricing skills with knowledge of exposure-based pricing, experience modelling, catastrophe modelling, stochastic techniques, and predictive analytics.
Pay Range
$140k - $200k AnnualThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Top Skills
What We Do
Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals.
Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions.
Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®.
Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play.
With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.
