Senior Actuarial Leader

7 days ago


Hoboken, New Jersey, United States IFG Companies Full time
About IFG Companies
IFG Companies is a leading provider of excess and surplus lines insurance solutions. Our team of experts is dedicated to delivering exceptional service and innovative products to our customers.

Estimated Salary: $180,000 - $250,000 per annum, based on experience and qualifications.

Job Description:
We are seeking an experienced Senior Actuary to lead our actuarial pricing and loss reserving functions. The successful candidate will have a strong background in property and casualty insurance, with expertise in loss reserving and pricing methodologies.

Responsibilities:
  • Oversee the development and maintenance of pricing models for our five Business Units: Bind, Excess Casualty, Garage, Inland Marine, and Primary Casualty.
  • Analyze internal claim data and update pricing models to reflect dynamic loss costs and inflationary trends.
  • Work closely with our Business Units and Claims professionals to understand existing and new factors contributing to liability exposures that should be considered in pricing models.
  • Keep current with industry developments that may provide insight into market and claim trends that should be incorporated into pricing recommendations.

Requirements:
  • Fellow of the Casualty Actuarial Society (FCAS) and Member of the American Academy of Actuaries (MAAA).
  • At least fifteen years of actuarial experience in loss reserving and pricing functions within the commercial property and casualty insurance business or with an actuarial consulting firm.
  • Experience with managing and developing high-performance teams across multiple offices.

Benefits:
  • Competitive compensation and benefits package, including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, long-term care, paid parental leave, vacation and other paid time off.


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