P&C Actuary

About the role

We are seeking a P&C Actuary to join our dynamic team at RSM US LLP. This role offers the opportunity to work with a team of industry professionals on regulatory consulting and other insurance-related engagements. The ideal candidate will provide insights to insurance regulators and have a meaningful impact on the insurance marketplace.

Responsibilities

• Identify and assess significant reserving, pricing/underwriting, capital and reinsurance risks that could impact property/casualty insurer’s financial strength as part of risk-focused financial examinations;
• Review rate filings that rely on complex models to assess reasonableness of overall rate indication, modeling approach, and compliance with regulatory requirements;
• Avoid audit teams with assessing the reasonableness of financial statement accruals;
• Assist on special projects such as industry research and market conduct examinations;
• Cook internal resources, advise project team on potential solutions and strategies to meet project goals and client needs;
• Document observations and conclusions and ensure all work adheres to actuarial standards of practice;
• Communicate effectively with clients and cross-functional project teams;
• Adhere to project budget and timelines.

Requirements

• Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics;
• Minimum of 5+ years professional experience in a Property and Casualty insurance company, financial services or consulting firm;
• Knowledge of reserving, pricing, ratemaking, capital modeling, and/or enterprise risk management;
• Experience working in public accounting or consulting firm with complex modeling, regulatory consulting and/or audit support experience is preferred;
• ACAS, FCAS, MAAA, designations preferred;
• Experience with personal lines, commercial lines, and reinsurance preferred;
• An understanding of insurance rates and regulatory requirements for supporting reserve levels;
• Experience with machine learning and AI tools is a plus;
• Demonstrated problem solving skills;
• PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in TeamMate, Access, Visual Basic, MS Excel and other applications);
• Ability to interact with all levels including executives and senior managers;
• Strong interpersonal, presentation, analytical and statistical sampling skills;
• Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments;
• Exceptional written and verbal communication skills;
• Dynamic/flexible demeanor with exceptional client service skills;
• Ability to travel on occasion;
• Knowledgeable about Actuarial Standards of Practice and Actuarial Code of Conduct;
• Ability to demonstrate ethical and professional standards as outlined by the Firm.

Qualifications

• Actuarial certification (ACAS, FCAS, MAAA) preferred;
• Knowledge of insurance regulations and standards;
• Experience in regulatory consulting and auditing;
• Strong analytical and problem-solving skills;
• Proficiency in Microsoft Office Suite;
• Excellent communication and interpersonal skills;
• Ability to work independently and as part of a team;
• Passion for regulatory consulting and insurance industry.

Skills

• Strong analytical and problem-solving skills;
• Proficiency in Microsoft Office Suite;
• Excellent communication and interpersonal skills;
• Ability to work independently and as part of a team;
• Passion for regulatory consulting and insurance industry.

Benefits

• Competitive compensation and benefits package;
• Flexible work schedule;
• Professional development opportunities;
• Work-life balance;
• Opportunities for advancement.

Pay

The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range. Compensation Range: $95,400 - $192,000

Schedule

Position can be worked remotely from any US location.