Senior Actuary

  • 35489
  • Non-Life - Actuarial
  • |
  • Connecticut, United States
  • |
  • Jul 15, 2019
Insurance
RESPONSIBILITIES
  • Risk measurement and monitoring, Risk reporting, Capital assessment and management.
  • Work closely with our operating companies to help them develop individual risk registers within a common template.
  • Help maintain Group risk register.
  • Assist with the development of appropriate metrics for risks identified in the Group risk register; collating and analyzing data and industry information to monitor risk.
  • Improve existing and develop new risk scenarios.
  • Drive development of a more focused approach to operational risk.
  • Creating and presenting analyses and reports on specific key risk areas for the Group’s senior management.
  • Support our international companies in their ERM reporting.
  • Assist with/produce internal ERM reports and presentations for ERM committee, Presidents’ meetings and Board meetings.
  • Assist with the production of, and improvements, to the ORSA report.
  • Produce ERM reports for rating agencies, and review terrorism and catastrophe reports.
  • Review and update capital allocation model and required capital model.
  • Undertake ad hoc risk/reward reviews to support specific strategic decisions.
  • Improve existing and develop new capital stress scenarios; develop processes to allow these scenarios to be assessed in a more efficient and timely manner
  • Work closely with individual operating companies on specific risk related projects.
  • Assist with the development of less experienced team members.
QUALIFICATIONS
  • 10+ years commercial lines re/insurance experience, of which a minimum of 4 years should be ERM or reinsurance experience.
  • ACAS / FCAS or equivalent; will also consider strong candidates who have stopped taking exams.
  • Ability to develop analysis approaches proportionate to the materiality of each risk, and to clearly describe the key assumptions and approximations within that analysis.
  • Track record of planning, implementing and documenting work in a methodical and timely manner.
  • Experience with a simulation environment, such as ReMetrica, Igloo or @Risk, an advantage.
  • Strong project management, organizational and documentation skills.
  • Strong interpersonal skills, ability to develop relationships with remote operating companies.
  • Enthusiastic, proactive and enquiring personality.
  • Strong verbal and written communication skills - must be able to express ERM concepts in a way that can be understood by a wide range of insurance and reinsurance practitioners.