Pricing Actuary (Property)

Actuarial Remote, United States



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Pricing Actuary (Property)

Remote -US


Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Toronto, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. 

Join Our Team  

You will be a Pricing Actuary that will apply your knowledge of mathematics, probability, statistic, principles of finance and business to solve problems in property and casualty insurance. This role reports directly to the Head of Property Pricing and Analytics. Your responsibilities will include:

  • Analysing ceding company data to price assigned Property reinsurance contracts following sound actuarial methods and professional standards of practice.
  • Ensuring the timely and quality completion of pricing studies in line with internal profitability targets.
  • Documenting critical issues, assumptions, and methodologies supporting the pricing recommendations.
  • Communicating results, methods, and assumptions clearly with underwriters and/or brokers in all forms of communication (e-mail, phone, in-person).
  • Running Catastrophe models (AIR/RMS) and use output in evaluation of Property Reinsurance treaties.
  • Validating Catastrophe Modelling output using industry + cedant data.
  • Researching insurance industry data to assist in the analysis of benchmark pricing parameters, including trend, rate changes, and loss development.
  • Keeping current on industry developments, emerging issues, available data sources, and new products in the (re)insurance sector.
  • Developing new rating methods and update models to enhance the accuracy and efficiency of actuarial pricing tools.
  • Monitoring performance of bound treaties as input for company’s quarterly reserving.
  • Some travel may be required.


United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

  • Integrity: Integrity, respect and trust are our core principles
  • Customer Focused: Our customers are the reason we exist
  • Solution Driven: Creating solutions is our mindset
  • Diversity: Diversity, inclusion and allyship make us stronger
  • Collaboration: Collaboration drives outperformance

Your skills and abilities should include:

  • Bachelor’s degree in a quantitative field (Math, Sciences, Economics, Engineering, etc.).
  • 3-5 years of industry-related experience with a focus on either personal and/or commercial property. Property reinsurance pricing a plus.
  • Minimum of two examinations passed towards the Fellowship in the Casualty Actuarial Society.
  • Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, correlation techniques, sampling theory, severity distribution, regression, and theory of interest.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret a variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • Strong Excel skills with some programming experience: SQL preferred, experience in a scripting language (Python/Java) etc. is a plus.
  • Communicate effectively with individuals both verbally and in written form.

PHYSICAL DEMANDS:  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to stand; walk; sit; use hands to finger, handle, or feel; and talk or hear. The employee frequently is required to reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds.  Specific vision abilities required by this job include ability to adjust focus.

SALARY:  The estimated salary range for this position is $88,000 per year to $110,000 per year. This is a good-faith assessment of the salary range for this position only.  In determining the actual salary within this range, SiriusPoint will consider a candidate’s relevant experience, location, and other job-related factors.


We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.