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.