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P&C Commercial Pricing Actuary

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Date: Nov 25, 2021

Location(s): Juno Beach, FL, US, 33408

Company: NextEra Energy

Requisition ID:  57492 

 

NextEra Energy Resources is one of the largest wholesale generators of electric power and renewable energy from the wind and sun in North America.

 

Position Specific Description

This position provides pricing for our Reinsurance and Excess & Surplus lines department with products that include per risk commercial property lines, reps and warranties, and specialty professional lines. It is a senior role for that individual with experience in pricing these types of coverages. This will be a very important role in a growing E&S company and provide an opportunity for the right candidate to shape the structure of the actuarial functions in this area.

Job Overview

This highly-visible role will develop commercial pricing models, and interact with underwriters, claims personnel, finance, and other members of the actuarial, risk management, and catastrophe modeling teams. The role will coordinate with underwriters to price individual programs, opportunities and renewals as needed.

Job Duties & Responsibilities

  • Serves as a key actuarial contact for the underwriting team for pricing support and product development
  • Supports pricing, result monitoring, and portfolio management projects that assist underwriters and leadership in managing and steering business
  • Works with underwriters and catastrophe modelers to understand the underlying risk metrics of the commercial property program business
  • Works with members of the actuarial and risk management team to monitor aggregate property exposures
  • Plays a key role in working with underwriters, catastrophe modelers, and actuarial team members in developing expansion strategies and products
  • Informs management and team members of market changes and emerging trends
  • Performs other job-related duties as assigned

Required Qualifications

  • Bachelor's Degree in Mathematics, Actuarial Science, or related field
  • Experience: 7+ years property and casualty actuarial experience with 5+ years specifically in property and casualty (P&C) loss reserving across a broad range of P&C coverages including catastrophe losses
  • Credentialed or near-credentialed P&C actuary – member of the Casualty Actuarial Society, American Academy of Actuaries, similar designation or five or more actuarial exams completed

Preferred Qualifications

  • None

 

Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Finance, Accounting & Business Analytics
Organization:  NextEra Energy Resources, LLC 
Relocation Provided:  Yes, if applicable

 

Where permitted by applicable law, NextEra Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.

 

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

 

NextEra Energy and provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

 

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

 

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami