Finance Actuary

Actuarial Manager

Responsible for managing and coordinating day-to-day office operations and workflow of actuarial unit. Manage, motivate and develop actuarial staff. Exchange information with staff and offer assistance in addressing workflow needs. Manage all resources associated with the actuarial unit including performing advanced actuarial analyses, developing appropriate recommendations, communicating with business partners, managing department workload and priorities, and maintaining efficient processes. Aid department leadership in strategic planning.

Perform actuarial analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes. Prepare commentary for senior management regarding profitability trends and their causes.

Work with various business units to help create and drive strategic plans and metrics.

Monitor premium and loss ratio projections and communicate status to business units and senior management.

Act as a liaison to Finance and assist in annual profit planning process and expense forecasting as necessary.

Participate in loss reserve analyses and monitor quarterly reserve levels.

Present loss reserve analysis to senior management and identify key assumptions underlying results.

Help design, enhance, and maintain pricing, reserving, reinsurance and forecasting models.

Represent Actuarial on corporate projects as needed.

Work with the Enterprise Risk Management team on identifying and monitoring risks.

Serve on actuarial committees for rating bureaus, providing valuable input into their process.

Perform advanced special projects as needed.

Provide guidance, training and leadership to employees and mentor actuarial analysts.

Assure appropriate level of documentation regarding actuarial department and procedures.

Ensure that all material produced is of utmost quality, is internally consistent, and is completed in timely manner.

Maintain good standing with the Actuarial Society, complete annual CE requirements and attest as required, and follow the Code of Professional Conduct and all relevant actuarial standards of practice.

Bachelor's degree required, preferably in actuarial science, mathematics, or a related area.

Minimum of five (5) years of property and casualty actuarial experience required

One year supervisory, or functional lead experience, or combinations of related training and experience required.

Advanced knowledge of actuarial principles and practices in one or more of the following areas: reinsurance, reserving, ratemaking, financial reporting, capital management, underwriting and claims practices.

Ability to perform actuarial and statistical analyses.

collect data, establish facts and draw conclusions.

Excellent communication with others, both with actuaries and non-actuaries, verbally, in writing, and via presentations.

Expertly skilled in use of Excel, and proficiently skilled in use of Outlook, Word, and PowerPoint. Programming skills in SQL or R preferred.

Ability to learn new software easily.

Ability to manage multiple priorities, establish workflows and meet necessary deadlines.

Ability to perform assignments at locations outside the office.

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning and directing work; appraising performance; addressing complaints and resolving problems.

This job description does not constitute a contract for employment.

Actual compensation decision relies on the consideration of internal equity, candidate's skills and professional experience, geographic location, market and other potential factors. Nothing herein is intended to create a contract.