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AVP & Actuary: ACE Limited/ACE INA
    ACE Group
The ACE Group of Companies is one of the worlds leading global commercial property and casualty insurance and reinsurance organizations, with 16,000 employees worldwide and offices in more than 50 countries. ACE serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products—such as personal accident, supplemental health and life insurance—to individuals in select countries. Our reinsurance operations include both property and casualty and life companies. Details of this critical opening follow: SUMMARY Manage overall pricing strategy and rating development for international personal, specialty personal, and small business insurance, working in collaboration with Personal & Business Insurance business unit leadership and heads of products and regions. MAJOR DUTIES & RESPONSIBILITIES * Oversee analysis activities necessary for the development of pricing strategies and tactical business decisions related to product pricing * Lead development of rating approach and models * Develop, manage and monitor appropriate methodologies, assumptions and pricing factors used to adequately reflect risk * Coordinate product and pricing testing and implementation, consistent with marketing , sales, underwriting, and overall corporate goals * Analyze product, LOB and region performance, incorporating both historical observations and insight into prospective trends * Manage research, evaluation and analysis of Personal & Business Insurance trends by region, customer segments, product mix, risk score, etc. * Analyze and monitor legal requirements by market * Contribute to and/or manage release process and timing for products and pricing Additional Responsibilities: * Contribute to the development of business plans containing forecasts of future financial performance * Inform sales and training documentation * Lead large sized actuarial projects through to implementation * Inform key stakeholders to ensure financial guidelines are adopted * Provide advice and support to senior management and colleagues * Quantify and advise on financial risks that affect the company's ability to meet its liabilities and assist in monitoring / mitigating these risks MINIMUM QUALIFICATIONS 4-8 years actuarial experience in property & casualty product lines. Personal Lines Pricing experience preferred but not a must Ideal candidate will have experience in (one or more of) South America, Europe and Asia.ACE offers a competitive salary plus cash bonus, equity opportunities and a comprehensive benefits package including life, health, dental, vision, a generous retirement savings plan with a generous company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress. Sound like the right job for you? For consideration, please apply below. If you would like additional information about the ACE Group, please visit our website at www.acelimited.com
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