Senior Reserving Actuary

3 weeks ago


Stamford, United States Selby Jennings Full time

Qualifications:

  • Good Business Judgment: Demonstrates the ability to solve complex issues with practical and pragmatic solutions.
  • High Motivation and Team-Orientation: Thrives in a team environment and adapts effectively to changing circumstances.
  • Innovative Thinker: Identifies opportunities and proactively responds to change.
  • Effective Listener: Listens actively and gains buy-in from stakeholders with diverse interests.
  • Self-Awareness and Integrity: Operates with a high level of self-awareness, integrity, and trustworthiness.
  • Actuarial Credentials: Holds the title of Fellow or Associate from an internationally recognized actuarial society.
  • Industry Experience: Has a minimum of 3 years of post-qualification experience with a leading non-life re/insurer, possibly including work at an actuarial consulting firm.
  • US Casualty Knowledge: Familiarity with US Casualty business is advantageous.
  • Underwriting Collaboration: Experience in collaborating with underwriting teams.
  • Effective Communication: Can succinctly articulate actuarial concepts to non-actuarial audiences.
  • Matrix Organization Experience: Previous work in matrix organizations is an asset.

Responsibilities:

  • North America Casualty Reserving: Support the Head of Non-Life Reserving - Americas by focusing on reserving for the North America Casualty portfolio.
  • Deep Dive Reserve Reviews: Contribute to in-depth reserve reviews for the Company's P&C Americas portfolios, particularly related to Casualty business. Work closely with underwriters, pricing actuaries, and claims teams to determine appropriate ACE reserves and contribute to the establishment of Management Best Estimate reserves (MBE).
  • Information Flow: Ensure regular communication of reserving information to and from key stakeholders, including Underwriting, Actuarial Pricing, Claims, Reinsurance Accounting, and Finance.
  • Feedback Loop: Maintain a feedback loop with Underwriting and Pricing, both within and outside of Deep Dives, to ensure they have the most up-to-date reserving information for forward-looking underwriting and pricing decisions.
  • Support to Head of Non-Life Reserving: Assist the Head of Non-Life Reserving - Americas by providing relevant information as needed.


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