Lead FCAS Actuary

2 months ago


United States of America Selby Jennings Full time

We are seeking a highly skilled and experienced Senior FCAS Actuary with 10-15 years of actuarial experience, specializing in reserving, Insurance-Linked Securities (ILS), and capital modeling. The ideal candidate will have a deep understanding of actuarial principles, exceptional analytical skills, and a proven track record in developing and implementing innovative reserving strategies and capital models. This role will play a crucial part in supporting our financial stability and strategic initiatives.

Key Responsibilities:

  • Reserving:

    • Lead the development and maintenance of accurate and robust reserving models.
    • Conduct detailed reserve reviews and provide recommendations to senior management.
    • Ensure compliance with regulatory requirements and professional standards.
    • Collaborate with underwriting and claims teams to refine reserving methodologies and assumptions.
    • Prepare and present comprehensive reserve analyses to internal and external stakeholders.
  • Insurance-Linked Securities (ILS):

    • Provide actuarial support for the structuring and pricing of ILS transactions.
    • Analyze and model catastrophe risk to support ILS initiatives.
    • Work closely with the capital markets team to develop innovative risk transfer solutions.
    • Monitor the performance of ILS portfolios and recommend adjustments as needed.
  • Capital Modeling:

    • Develop and enhance capital models to support risk management and strategic planning.
    • Conduct stress testing and scenario analysis to assess capital adequacy.
    • Collaborate with finance and risk management teams to integrate capital models into enterprise risk management frameworks.
    • Provide insights and recommendations to optimize capital allocation and improve financial performance.

Qualifications:

  • Fellowship of the Casualty Actuarial Society (FCAS) designation.
  • 10-15 years of actuarial experience, with a strong focus on reserving, ILS, and capital modeling.
  • Proven experience in developing and implementing reserving models and methodologies.
  • In-depth knowledge of ILS structures and the catastrophe risk market.
  • Proficiency in capital modeling and risk management frameworks.
  • Strong analytical, problem-solving, and decision-making skills.
  • Excellent communication and presentation abilities, with experience presenting to senior management and external stakeholders.
  • Proficiency in actuarial software and programming languages (e.g., Excel, SQL, R, Python) is preferred.
  • Ability to work effectively in a collaborative team environment and manage multiple projects simultaneously.

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