[Hiring] Supervising Actuary @Emergent Holdings

Role Description

Responsible for managing and coordinating day-to-day office operations and workflow of actuarial unit. Manage, motivate and develop actuarial staff. Exchange information with staff and offer assistance in addressing workflow needs. Manage all resources associated with the actuarial unit including performing advanced actuarial analyses, developing appropriate recommendations, communicating with business partners, managing department workload and priorities, and maintaining efficient processes. Aid department leadership in strategic planning.

Qualifications

• Bachelor’s degree required, preferably in actuarial science, mathematics, or a related area.
• Associate designation in the CAS or SOA, and pursuit of Fellow designation preferred.
• Minimum of five (5) years of property and casualty actuarial experience required.
• One year supervisory, or functional lead experience, or combinations of related training and experience required.

Requirements

• Perform actuarial analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes.
• Communicate effectively, make recommendations, and present findings to appropriate audiences.
• Prepare commentary for senior management regarding profitability trends and their causes.
• Work with various business units to help create and drive strategic plans and metrics.
• Monitor premium and loss ratio projections and communicate status to business units and senior management.
• Act as a liaison to Finance and assist in annual profit planning process and expense forecasting as necessary.
• Participate in loss reserve analyses and monitor quarterly reserve levels.
• Present loss reserve analysis to senior management and identify key assumptions underlying results.
• Monitor profitability of various segments and make recommendations to take corrective action as necessary.
• Help design, enhance, and maintain pricing, reserving, reinsurance and forecasting models.
• Represent Actuarial on corporate projects as needed.
• Provide support and peer review to the Capital Modeling team and the Capital Allocation process.
• Work with the Enterprise Risk Management team on identifying and monitoring risks.
• Serve on actuarial committees for rating bureaus, providing valuable input into their process.
• Perform advanced special projects as needed.
• Provide guidance, training and leadership to employees and mentor actuarial analysts.
• Assure appropriate level of documentation regarding actuarial department and procedures.
• Ensure efficient and effective use of company resources, evaluate processes and procedures, and develop new procedures.
• Assist in the creation of a department strategic plan that supports corporate initiatives.
• Regularly communicate issues or progress to department leadership.
• Adhere to deadlines, ensure work is completed on a timely basis.
• Participate in development of annual department budget.
• Act as a subject matter expert for communication used for the parent and board of directors.
• Institute a peer review process for critical deliverables and provide peer review support for other processes as requested.
• Maintain confidentiality of information processed as appropriate.
• Maintain good standing with the Actuarial Society, complete annual CE requirements and attest as required, and follow the Code of Professional Conduct and all relevant actuarial standards of practice.

Benefits

• Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market and other potential factors.
• It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $126,400 and $211,750.

Company Description

We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.