Lead Actuary, Coalition Re

About us

Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines comprehensive insurance coverage and innovative cybersecurity tools to help businesses manage and mitigate potential cyberattacks.   

Opportunities to make an impact with bold thinking are real—and happening daily at Coalition.

About the role

Responsibilities

• Lead end-to-end pricing of complex reinsurance treaties, including assumption development, cash flow projection, and risk/return optimization


• Develop, oversee, and enhance actuarial models, setting methodology standards and driving continuous improvement through dedicated project work


• Translate complex analytical findings into clear recommendations for internal and external audiences


• SME to support the creation and maintenance of appropriate pricing risk governance controls


• Straddle the worlds of reinsurance, data science, engineering and security experts to shape the most suitable data-driven solutions


• Act as an ambassador for the actuarial team, fostering a solutions-driven approach and demonstrating a strong commitment in meeting the needs of our stakeholders

Skills and Qualifications

• 8+ years of experience in Insurance pricing, with at least 4+ years in Reinsurance


• ACAS or FCAS certification


• Demonstrated ability to lead complex initiatives


• Undergraduate degree in Actuarial Science or any other related field


• Strong understanding of actuarial pricing & the various reinsurance treaties structure


• Excellent communication skills including ability to convey clear information to manager and team members, and ability to vulgarize complex technical concepts to non-technical audience


• Ability to work efficiently in a fast paced environment, and consistently meet deadlines


• Ability to take ambiguous problems and solve them in a structured data-driven way


• Ability to think long-term strategically and operationally, striking the right balance between short-term deliveries and long-term business outcomes


• Ability to influence partners and build strong relationships, creating win-win situations with them


• Ability to develop, assess and monitor numerous business metrics and use the acquired knowledge to optimize our pricing proposals

Bonus Points 

• Pricing experience in Cyber (re)Insurance


• Experience in building and monitoring advanced pricing framework


• Experience working with external regulators, carriers and brokers

Compensation

Our compensation reflects the cost of labor across several US geographic markets. The US base salary for this position ranges from $161,200/year in our lowest geographic market up to $182,000/year in our highest geographic market. Consistent with applicable laws, an employee's pay within this range is based on a number of factors, which include but are not limited to relevant education, skills, job-related knowledge, qualifications, work experience, credentials, and/or geographic location. Your recruiter can share more on target salary for your location during the interview process. Coalition, Inc. reserves the right to modify this range as needed.

Perks

• 100% medical, dental and vision coverage


• Flexible PTO policy


• Annual home office stipend and WeWork access


• Mental & physical health wellness programs (One Medical, Headspace, Wellhub, and more)!


• Competitive compensation and opportunity for advancement