We are currently recruiting for a Senior Reserving Actuary in NYC (Midtown) hybrid schedule. The Senior Reserving Actuary will support the estimation of reserves for business written by the North American Business Unit and provide various management reporting responsibilities. Lines of business include Excess and Primary casualty lines, various Professional and Commercial property lines as well as expanding platforms in Mexico and Canada. This role reports to the Chief North America Reserving Actuary. The North American Reserving team has responsibility for all direct North America business. 180K – 210K Base + Bonus + Benefits Package
Responsibilities:
- Oversee the quarterly actuarial central estimate (ACE) reserving process for the US and Bermuda lines of business within the Insurance Segment.
- Present quarterly results to Insurance senior management and underwriting teams.
- Work with the Group and Insurance Chief Reserving Actuaries to establish management best estimate recommendations for the Insurance lines of business.
- Develop relationships within the Actuarial function with the pricing team and beyond the Actuarial function with Risk, Claims, Finance, and Financial Planning & Analysis.
- Build relationships with senior management within the Insurance Segment (e.g. CEO, CUO) as a trusted advisor.
- Lead special projects that allow for a deeper understanding of trends and emerging risks within the Insurance portfolio.
- Leverage the ACE analysis to provide support to the Group Chief Reserving Actuary in the annual planning process, as required.
- Keep abreast of changes in regulatory requirement and market developments that may impact the business.
- To support other special projects as required by the business.
Requirements:
- ACAS or FCAS designation obtained or in progress
- A background in Insurance is required, including detailed knowledge of at least some of the lines of business.
- Excellent interpersonal, written and oral communications skills, including a proven ability to build relationships with senior management and underwriting teams and to communicate to senior management and board level audience.
- Strong IT skills are required, including proficiency with the usual MS Office Products and some programming experience would be beneficial.
- Familiarity with ResQ would be highly beneficial.
- Some experience with modelling ceded reinsurance would be beneficial.
Local candidates only. Must be in a commutable range to NYC (Midtown). Hybrid schedule. No sponsorship. Must be a US citizen or permanent resident. 180K – 210K Base + Bonus + Benefits Package. To apply email resume to petrina@bellwetherstaffing.com