Actuary

  • 38875
  • Non-Life - Actuarial
  • |
  • New York, United States
  • |
  • Jan 13, 2021
Insurance
RESPONSIBILITIES
  • Support Chief Actuary and Insurance Segment in the establishment of loss ratio budget and assist with coordination of planning activities across reserving, pricing and finance.
  • Assessment, review and challenge of the appropriateness of methodologies and assumptions across relevant lines of business, and drive changes where this is considered appropriate.
  • Establishing quarterly reserves while proactively evaluating and retrospectively reviewing reserve performance.
  • Building effective relationships with key stakeholders / business partners in finance and underwriting by acting as a consultative business partner in influencing business decisions.
  • Supporting strategic actuarial initiatives by providing in-depth timely, insightful, relevant and reliable business intelligence.
  • Preparing actuarial reports and memorandums on business unit results to focus resources on emerging risk areas.
  • Effective prioritization and management of staff resources, providing leadership, mentoring and insight to colleagues in support of varied business segments.
  • Working directly with global financial reporting teams and throughout the country.
  • Staying abreast of current trends and changes in the functional areas that may impact the actuarial analysis.
QUALIFICATIONS
  • A highly accomplished commercial lines actuary within the Property and Casualty Insurance / Reinsurance Industry with at least 6-8 years of experience.
  • Actuarial Accreditation from the Casualty Actuarial Society (CAS) preferably at Fellow Level. We will consider exceptional candidates who may be close to achievement of their Fellowship designation (FCAS).
  • Bachelor Degree in Actuarial Science, Mathematics, Applied Math, Statistics, or related field. Advanced degree in related field of study is strongly preferred.
  • Strong networking and relationship building skills with the ability to interact, report and present to all levels of the organization.
  • Strong analytical and research skills with the ability to use a wide variety of business productivity software.
  • Strong Excel and VBA skills as well as using Microsoft Office for data extraction, compilations and reporting.
  • Experience with reserving methods and tools to structure, access, and manage data sets for modeling and managing risk.
  • Experience with ResQ, the industry-leading loss reserving system or similar actuarial modeling software used for reserving, ratemaking, pricing, modeling or data analysis.
  • Actuarial team leadership skills to work collaboratively with colleagues to build consensus while creating and participating in actuarial presentations for internal and external clients and senior management.
  • Strong verbal communication skills to gain buy-in to communicate clearly and concisely with internal and external clients.