Director of Reserving overseeing actuarial team and presenting findings to Senior Leadership. Engaging in industry organizations and managing actuarial standards and procedures.
Responsibilities
Manages and directs the work of the reserving team (e.g., Actuaries, Analysts), including keeping everyone on task to complete recurring assignments within tight timeframes.
Turns data into critical information and knowledge that can be utilized to determine organizational decisions. Presents findings to Senior Leadership.
Selects actuarial assumptions and methods based on all available sources of data, reviews alternative assumptions, and is prepared to explain and defend assumptions upon review by peers, senior leaders, and non-actuaries.
Develops and maintains analytical standards and procedures, including peer reviews, to ensure consistency of analysis, execution, knowledge sharing, and documentation.
Monitors legislative and regulatory activity. Incorporates the effects of benefit and rate changes into actuarial analyses.
Actively engages with and participates in industry professional organizations and rating committees, representing the company's strategic interests while presenting as an expert thought leader within the professional community.
Prepares and presents ad-hoc research and reporting.
Requirements
EDUCATION: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Risk Management, Data Science, or other quantitative field required.
REQUIRED CERTIFICATIONS/LICENSES: Fellow or Associate of the Casualty Actual Society
EXPERIENCE:
Minimum of seven (7) years of relevant FCAS experience with insurance industry concepts and applications required.
Experience working with Willis Towers Watson ResQ preferred.
TECHNICAL SKILLS:
Possesses sound data analytical skills and familiarity with Microsoft Office applications (Excel, MS-Access, MS-SQL).
Knowledge of workers compensation standards and best practices preferred.
Benefits
Bonus Eligibility
Hybrid Work Schedule (up to 2 days work from home)
Paid Time Off
Paid Holidays
Immediate Vesting of Retirement Savings + Company Match
Group Health Insurance (Medical, Dental, and Vision)
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