Pricing Actuary Reinsurance Transactions
2 days ago
Toronto, ON, Canada
Pacific Life Re Limited
Full-time
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Apply actuarial pricing expertise to U.S. reinsurance transactions at Pacific Life Re, focusing on large blocks and retrocession pools. Assess risk across individual life products.
Reporting to the AVP Pricing, North America, the Pricing Actuary supports large block deals within North America’s Protection Line of Business. You will evaluate Term, Whole Life, and Universal Life transactions. The work includes experience analysis, transaction structuring, and assumptions for mortality, morbidity, lapse, and expenses.
Key Responsibilities:
Assess U.S. reinsurance opportunities from pricing and risk perspectives Manage pricing projects and quotes with senior actuarial support Develop assumptions for mortality, lapse, and expenses Maintain and enhance pricing models and tools Prepare pricing documentation and internal presentations Requirements:
FSA or equivalent actuarial designation with four-plus years’ experience Reinsurance or direct insurance pricing experience Individual life product experience and actuarial risk understanding Proficiency with Axis, Tyche, Prophet, SQL, Python, R, Tableau, or Excel/VBA Strong technical, analytical, communication, and organizational skills Support Pacific Life Re’s North American pricing work through reinsurance expertise, risk assessment, modelling, and clear communication.
Assess U.S. reinsurance opportunities from pricing and risk perspectives Manage pricing projects and quotes with senior actuarial support Develop assumptions for mortality, lapse, and expenses Maintain and enhance pricing models and tools Prepare pricing documentation and internal presentations Requirements:
FSA or equivalent actuarial designation with four-plus years’ experience Reinsurance or direct insurance pricing experience Individual life product experience and actuarial risk understanding Proficiency with Axis, Tyche, Prophet, SQL, Python, R, Tableau, or Excel/VBA Strong technical, analytical, communication, and organizational skills Support Pacific Life Re’s North American pricing work through reinsurance expertise, risk assessment, modelling, and clear communication.