P&C Actuary

Overview

This role involves working with a team of industry professionals on regulatory consulting and other insurance-related engagements. As a Property & Casualty (P&C) Actuary, you will provide insights to insurance regulators and help impact the insurance marketplace.

Responsibilities

• Serve as part of the actuarial subject matter expert team on client engagements, including:
  • Identifying and assessing significant reserving, pricing/underwriting, capital, and reinsurance risks that could impact a property/casualty insurer’s financial strength as part of risk-focused financial examinations.
  • Reviewing rate filings that rely on complex models to assess the reasonableness of overall rate indication, modeling approach, and compliance with regulatory requirements.
  • Assisting audit teams with assessing the reasonableness of financial statement accruals.
  • Supporting special projects such as industry research and market conduct examinations.
• Coordinate internal resources and advise project teams on potential solutions and strategies to meet project goals and client needs.
• Document observations and conclusions, ensuring all work adheres to actuarial standards of practice.
• Communicate effectively with clients and cross-functional project teams.
• Adhere to project budgets and timelines.

Requirements

• Bachelor’s Degree in Mathematics, Actuarial Science, Economics, or Statistics
• Minimum of 10+ years of 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
• PC skills, including experience 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, including the ability to prioritize multiple tasks, projects, and assignments
• Exceptional written and verbal communication skills
• Dynamic/flexible demeanor with exceptional client service skills
• Self-motivated with a sense of ownership and pride in work
• 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 employer

Preferred Qualifications

• Experience working in public accounting or a consulting firm with complex modeling, regulatory consulting, and/or audit support experience
• 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

Compensation & Benefits

• Compensation Range: $112,100 - $225,500
• Discretionary bonus eligibility based on firm and individual performance

Location

• Work from home — any US location

Equal Opportunity & Accommodations

Applicants will receive consideration for employment without regard to race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics; or any other characteristic protected under applicable federal, state, or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment.

Sponsorship / Eligibility

The employer does not intend to hire entry-level candidates who will require sponsorship now or in the future (including F-1 visa holders). If you are a recent US college/university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying (excluding internships), you may be eligible for hire as an experienced associate.

Background Checks

The employer will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, additional information related to pre-employment background checks is provided separately.