Lead Casualty Pricing Actuary

Application Deadline: 24 November 2025Department: UnderwritingLocation: BermudaDescriptionLancashire Insurance Company Limited, a member of the Lancashire Insurance Group, is seeking a Lead Casualty Pricing Actuary to join our Casualty Underwriting team. The successful candidate will be a detailed oriented, qualified actuary to capable of effectively leading Casualty reinsurance pricing which includes model building, model parametrisation, case pricing, portfolio analysis and other day to day tasks.Key ResponsibilitiesAssist with design and development of pricing models to optimize competitive advantages and support corporate objectivesEnsure models are accurately parameterised using latest claims and market dataAssist underwriting team with day-to-day pricing of accounts for the casualty book of businessComplete data requests related to reinsurance renewal effortsAssist the actuarial team with assumptions to inform the reserving process and reserve variability calculationsCompletes other actuarial studies as assignedSkills, Knowledge And ExpertiseAssociate or Qualified actuary (FIA/FCAS or equivalent).At least 10 years’ experience in the casualty (re)insurance field with a focus on pricing.Experience pricing for the US Casualty market is essential.Evidence of the ability to maintain independence of thought and courage of conviction to always ensure objectivity.Ability to use appropriate risk management tools, systems and resources.Ability to communicate and interact with all levels of the organisation and external stakeholders, including being able to explain risk issues both in practical business language as well as in technical risk concepts.General understanding of insurance accounting and Company financial statements.Strong work ethic and the ability and willingness to work flexibly to meet business needs including extended hours, including weekends, as required.The Lancashire WayAt Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.Straight-talkingWe feel empowered to share thoughts and ideas, because everyone’s voice matters.CollaborativeWe work together towards common goals, share knowledge and support each other.Hard-workingWe all have a stake in the company’s success and are proactive in contributing to our goals and vision.ResponsibleWe focus on achieving tangible results with consistent standards across the Group.PositiveWe engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.