[Hiring] P&C Actuary @RSM US LLP

Role Description

As a P&C Actuary you will work with a team of industry professionals on regulatory consulting and other insurance related engagements. In this exciting role, you will provide insights to insurance regulators and have a meaningful impact on the insurance marketplace. This position has opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

• Serve as part of the actuarial subject matter expert team on client engagements which include:
• Identifying and assessing significant reserving, pricing/underwriting, capital and reinsurance risks that could impact property/casualty insurer’s financial strength as part of risk-focused financial examinations;
• Reviewing rate filings that rely on complex models to assess reasonableness of overall rate indication, modeling approach, and compliance with regulatory requirements;
• Assisting audit teams with assessing the reasonableness of financial statement accruals;
• Assisting on special projects such as industry research and market conduct examinations;
• Coordinate 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.
• We also expect the following business and practice development efforts:
• Cultivate and nurture client relationships to create awareness of Firm capabilities to help generate incremental business;
• Enhance tools and templates in place to ensure efficiency and excellence in our work;
• Contribute to the intellectual capital of the practice and the Firm.

Qualifications

• 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
• Self-motivated with a sense of ownership and pride in their 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 Firm

Requirements

• Compensation Range: $112,100 - $225,500
• Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

Benefits

• We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients.
• Learn more about our total rewards at RSM Benefits .