Associate Actuary - Reserving
Fortegra · Stamford, CT · 1 wk ago
On-siteFinance$120k–$160k/yrFull-time
Key Responsibilities
- Perform quarterly loss reserve analyses for various lines of business.
- Monitor reserve adequacy by line of business and program and recommend reserve strengthening or weakening as appropriate.
- Perform semiannual long-duration unearned premium reserve analyses.
- Enhance quarterly data collection and reporting processes used by Actuarial to communicate findings to Underwriting, Claims, Finance, and Management.
- Support the pricing team with due diligence reviews of prospective programs and other ad hoc pricing analyses.
- Afford opportunities to contribute to pricing, data analytics, regulatory reporting, reinsurance, and other actuarial initiatives.
- Assist with regulatory reporting requirements, including: US Annual Statement reporting and Schedule P preparation, IFRS 17 reporting, and estimate collateral requirements for unauthorized reinsurers.
Qualifications
- 4-8 years of actuarial experience in Property & Casualty insurance products.
- Actively pursuing Associate or Fellow of the Casualty Actuarial Society.
- Familiarity with IFRS 17 is preferred.
- Proficiency in MS Excel.
- Knowledge of SQL or other programming languages is preferred.
- A proactive, creative approach to problem-solving.
- Exceptional interpersonal skills, with the ability to communicate complex results to diverse audiences.
Pay
Salary Range: $120,000 – $160,000 base salary, commensurate with experience.
Additional Information
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.