VP, Head of Actuarial Reserving Governance
About the role
The Head of Reserving Governance supports and executes the reserving governance framework, ensuring strong controls, comprehensive documentation, and adherence to policies and standards across the reserving function. This role partners closely with Finance, Risk, and Audit teams to maintain compliance, enhance controls, and promote best practices.
Responsibilities
Support the implementation and ongoing maintenance of the reserving governance framework.
Ensure consistent application of governance standards across reserving processes.
Assist in the development and enhancement of governance structures and practices.
Lead the development and maintenance of documentation for reserving methodologies, assumptions, and processes.
Ensure documentation is complete, accurate, and regularly updated.
Support the development and maintenance of reserving policies and standards.
Oversee execution and testing of controls related to reserving.
Cook up with Finance and Internal Audit on control reviews and remediation efforts.
Ensure appropriate documentation and evidence is maintained for audit purposes.
Work closely with Actuarial, Finance, Risk, and Audit teams to ensure alignment and compliance.
Support responses to internal and external audit requests.
Promote awareness and adherence to governance standards across the function.
Identify opportunities to strengthen controls, improve documentation, and enhance governance processes.
Support the implementation of best practices across reserving activities.
Requirements
10+ years of actuarial or related experience, with exposure to reserving.
Strong understanding of governance, controls, and documentation requirements.
Experience with SOX controls and audit processes.
Strong organizational and documentation skills.
Effective communication and stakeholder coordination skills.
Qualifications
Strong attention to detail.
Governance and control mindset.
Organizational and documentation excellence.
Collaboration and communication.
Continuous improvement focus.
Benefits
The base salary range for this position is $206,000 - $275,500 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).