Jobs · Massachusetts

Actuarial Associate

RiverStone International · Beverly, MA · 1 mo ago
HybridFull-time

Responsibilities

  • Support reserve analyses and ongoing portfolio monitoring.
  • Assist with financial reporting, capital analysis, forecasting, and risk assessment activities.
  • Conduct actuarial analyses and prepare supporting documentation, reports, and presentations.
  • Participate in User Acceptance Testing (UAT) for new portfolios, systems, and actuarial models.
  • Support due diligence activities related to acquisitions, portfolio transfers, and other strategic initiatives.
  • Contribute to regulatory, financial, and management reporting requirements.
  • Afford assistance with special projects and ad hoc analyses as needed.
  • Collaborate effectively with actuarial, finance, claims, underwriting, reinsurance and other business partners.

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related quantitative field.
  • Strong academic record with demonstrated analytical and problem-solving abilities.
  • Prior actuarial, insurance, or reinsurance experience preferred.
  • Progress toward actuarial credentials (CAS, SOA, or equivalent) preferred; exceptional candidates interested in pursuing actuarial exams or with partial exam progress will also be considered.
  • Advanced proficiency in Microsoft Excel; experience with VBA, data analytics, and actuarial software is a plus.
  • Experience with ResQ or similar actuarial reserving software preferred.
  • Familiarity with actuarial reserving methodologies, capital analysis, and risk assessment concepts.
  • Familiarity with property & casualty insurance and reinsurance operations.
  • Knowledge of financial reporting, local entity and Group regulatory reporting, and insurance industry practices.
  • Strong attention to detail and commitment to accuracy.
  • Excellent analytical, quantitative, and technical skills.
  • Effective written and verbal communication skills.
  • Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
  • Collaborative team player with the ability to build strong working relationships across functions.
  • Flexible, adaptable, and eager to learn in a dynamic environment.
  • Demonstrated initiative, sound judgment, and commitment to ongoing professional development.

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