UFG Insurance · 19 hours ago
Head of Reinsurance Pricing
Cedar Rapids, Iowa, United States
Full-time
Hybrid
Director/Executive
$220K/yr - $250K/yr
10+ years expUFG Insurance is looking for an action-oriented actuarial leader to advance their reinsurance pricing framework and drive excellence in actuarial pricing practices. The Head of Reinsurance Pricing will develop and lead a team to provide pricing and underwriting recommendations to support the Alternative Distribution business unit's profitability and growth targets.
Financial ServicesInsurance
Responsibilities
Manage the delivery of reinsurance pricing reviews for individual treaties and overall portfolio on assumed business to ensure the Alternative Distribution business unit meets or exceeds its profitability and growth targets
Build and maintain individual treaty and portfolio pricing tools to manage overall profitability expectations and provide analytical insight to sustain a profitable and well diversified portfolio
Complete industry analyses and reviews for assumed exposures to ensure a thorough understanding of market dynamics and maintain a current view of assumptions and parameters required to facilitate pricing and reserving for new and renewal opportunities
Effectively communicate analyses and pricing results to a variety of technical and non-technical audiences across the organization. Maintain a thorough understanding of the portfolio profile and key accounts
Partner with UFG reserving department to ensure appropriate evaluations of portfolio profitability are properly reflected in financial reports
Collaborate with all functions to improve data integrity, efficiency and functionality of administrative portfolio management and financial reporting tools
Ensure proper alignment between assumptions applied to UFG’s actuarial processes in corporate reserving and core pricing operations where appropriate
Collaborate with the business and Finance department to meet the corporate forecasting requirements as accurately as possible including quarterly forecasting and annual planning activities
Support the economic capital modeling (ECM) process maintained in the risk office as directed. Work with the risk office to ensure that assumed reinsurance is properly modeled for strategic steering and capital management purposes
Mentor and develop actuarial staff including supporting their progression through the CAS exam process. Lead the team in developing a vision, motivating employees, and facilitating achievement of their full potential
Qualification
Required
Bachelor's degree in mathematics, actuarial science, economics, or related field
10+ years of prior reinsurance pricing experience (or closely related) with at least 4 years in a leadership role
Hands-on experience with mature experience and exposure pricing tools at an established reinsurance company
Proven ability to develop and lead effective teams
Excellent communication and interpersonal skills including the ability to convey complex information clearly and concisely, both verbally and in writing
Strong working knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc
Ability to exercise discretion, apply independent judgment and well-developed analytical, critical thinking and creative problem-solving skills
Expert knowledge of Microsoft Office products including Excel, Power Point, Word and ability to develop proficiency with internal systems and reporting tools
Strong verbal and written communication skills with the ability to communicate technical analyses to a non-technical audience
Knowledge of commercial, specialty and financial insurance products and general insurance/business knowledge
Able to manage and coordinate own projects using multiple resources
Preferred
Fellow of Casualty Actuary Society (FCAS) preferred, qualified Associates may also be eligible
Benefits
Annual incentive compensation
Medical, dental, vision & life insurance
Accident, critical Illness & short-term disability insurance
Retirement plans with employer contributions
Generous time-off program
Programs designed to support the employee well-being and financial security.
Company
UFG Insurance
The United Fire Group (UFG) companies join together to offer a range of property/casualty products.
501-1000 employees
H1B Sponsorship
UFG Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (1)
2023 (3)
2021 (3)
Funding
Current Stage
Late StageLeadership Team
Kevin Leidwinger
President and Chief Executive Officer
Randy Ramlo
Chief Executive Officer
Recent News
Corridor Business Journal
2026-01-06
United Fire Group, Inc
2025-11-05
United Fire Group, Inc
2025-10-23
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