Actuarial Director
NextEra Energy , Inc.
Actuarial Director
At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.
Position Specific Description
This role will be responsible for the management of actuarial functions. The role will develop and execute required actuarial pricing, reserving, or data analytics functions. The employee will work closely with the risk, underwriting, claims, finance, operations teams to assist with overall business strategy.
Job Overview
This role will be responsible for the management of actuarial functions. The role will develop and execute required actuarial pricing, reserving, or data analytics functions. The employee will work closely with the risk, underwriting, claims, finance, operations teams to assist with overall business strategy.
Job Duties & Responsibilities
- Evaluates performance and pricing of insurance and reinsurance programs and analyzes their financial impact in coordination with catastrophe risk modeling teams
- Drives reserving process including initial expected loss ratios, loss development factors, and required Incurred But Not Reported (IBNR) reserves
- Establishes reserve practices for quarterly performance updates and supports preparation of internal and statutory financial reports
- Executes data analytics support for pricing, reserving, and modeling needs across risk and actuarial functions
- Builds complex specialty models with underwriting and claims teams to assess risk exposures and develop pricing strategies
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor's Degree
- Experience: 10+ years
- Leadership Experience: 4+ years
Preferred Qualifications
- Master's Degree
- Experience: 15+ years
Vacancy posted 1 day ago
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