Support global ERM initiatives such as Own Risk and Solvency Assessment (ORSA), internal economic capital modeling, risk appetite & limit framework, catastrophe modeling, and rating agency capital modeling such as AM Best BCAR; Support regulatory solvency and stress test filing in various jurisdictions, in both US and Non-US; Assist capital allocation and Return on Equity attribution by profit center, for both underwriting and investment operations; Provide quarterly reserving analysis using appropriate reserve methodologies and procedures to ensure timely and reasonable recommendations on loss reserves by line and legal entity; Improve reserving data management and reserving tools to enhance efficiency of the reserve review and booking process
Requirements:
Bachelor’s degree in Math, Statistics, Finance, Actuarial Science, Accounting, Economics, or other quantitative field. ACAS-FCAS or close to ACAS. 7-12 years of experience in a relevant function (actuarial, enterprise risk management, finance, reinsurance) of the P&C insurance industry. Some P&C loss reserving experience is required. Proficiency in MS Excel is required; programming skills in SQL, VBA, Python, R and other languages is desired. Effective communication and ability to collaborate with different functions across the organization. Knowledge of insurance financials (GAAP, Statutory, IFRS 17) as well as insurance and reinsurance operations is a plus. Knowledge of NAIC ORSA, Solvency II and other global insurance regulatory frameworks is a plus
Text:
Corporate Actuary Support global ERM initiatives such as Own Risk and Solvency Assessment (ORSA), internal economic capital modeling, risk appetite & limit framework, catastrophe modeling, and rating agency capital modeling such as AM Best BCAR; Support regulatory solvency and stress test filing in various jurisdictions, in both US and Non-US; Assist capital allocation and Return on Equity attribution by profit center, for both underwriting and investment operations; Provide quarterly reserving analysis using appropriate reserve methodologies and procedures to ensure timely and reasonable recommendations on loss reserves by line and legal entity; Improve reserving data management and reserving tools to enhance efficiency of the reserve review and booking process Bachelor’s degree in Math, Statistics, Finance, Actuarial Science, Accounting, Economics, or other quantitative field. ACAS-FCAS or close to ACAS. 7-12 years of experience in a relevant function (actuarial, enterprise risk management, finance, reinsurance) of the P&C insurance industry. Some P&C loss reserving experience is required. Proficiency in MS Excel is required; programming skills in SQL, VBA, Python, R and other languages is desired. Effective communication and ability to collaborate with different functions across the organization. Knowledge of insurance financials (GAAP, Statutory, IFRS 17) as well as insurance and reinsurance operations is a plus. Knowledge of NAIC ORSA, Solvency II and other global insurance regulatory frameworks is a plus
Please click here, if the job didn't load correctly.
Please wait. You are being redirected to the job in 3 seconds.
