Vice President, Reinsurance Actuary

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 an

Vice President, Reinsurance Actuary

Based 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 do

Maintain 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 portfolio

Support other pricing and reserving projects across the company.

Conduct Standards

You must act with integrity

You must act with due skill, care and diligence

You must be open and cooperative with the FCA, the PRA and/or other relevant regulators

You must pay due regard to the interests of customers and treat them fairly

You must observe proper standards of market conduct

You must act to deliver good outcomes for retail customers

What you require for the role

Professional actuarial designation (FCAS or equivalent) or a post graduate degree in Statistics or Mathematics

At least 8 years’ experience in a pricing role in the reinsurance industry

Experience with Reinsurance contract pricing, including pricing excess of loss and proportional contracts as well as evaluating with common contract features

Ability to effectively communicate analytical findings

Experience with programming in VBA, SQL, R and Python

Familiarity with Catastrophe and Risk aggregation models

Ability to work both independently and collaboratively

Open, innovative and inclusive mindset

Collaborative spirit

Results-oriented and growth mindset

What you can expect from us

We 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.