Lead the analysis of corporate loss and loss expense reserves on a quarterly basis. The resulting analysis and direction are presented quarterly; Communicate reserve analysis and direction to the Board of Directors; Communicate reserve analysis and direction to external parties such as state examiners and IRS; Prepare Schedule P of the Annual Statement and various corporate statements of Opinion; Work directly with Claims leadership to assess claims handling processes and impact on reserves; Interact with the Company’s auditors, regulators, and rating agencies to communicate all reserving updates; Set appropriate reporting metrics to manage/understand the business; Collect, prepare, and present all relevant data regarding production and performance. Analyze information and identify relevant trends
Requirements:
15 years of experience in a P&C insurance environment with a strong emphasis on reserving and reinsurance; 10 or more years of prior management/supervision experience; Actuarial Fellow Designation (FCAS) and Member of the American Academy of Actuaries (MAAA) required; Bachelor’s degree or equivalent experience in Mathematics, Business, and/or related field; Demonstrated leadership abilities
Text:
Chief Reserving Actuary Lead the analysis of corporate loss and loss expense reserves on a quarterly basis. The resulting analysis and direction are presented quarterly; Communicate reserve analysis and direction to the Board of Directors; Communicate reserve analysis and direction to external parties such as state examiners and IRS; Prepare Schedule P of the Annual Statement and various corporate statements of Opinion; Work directly with Claims leadership to assess claims handling processes and impact on reserves; Interact with the Company’s auditors, regulators, and rating agencies to communicate all reserving updates; Set appropriate reporting metrics to manage/understand the business; Collect, prepare, and present all relevant data regarding production and performance. Analyze information and identify relevant trends 15 years of experience in a P&C insurance environment with a strong emphasis on reserving and reinsurance; 10 or more years of prior management/supervision experience; Actuarial Fellow Designation (FCAS) and Member of the American Academy of Actuaries (MAAA) required; Bachelor’s degree or equivalent experience in Mathematics, Business, and/or related field; Demonstrated leadership abilities
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