Title - P&C Actuary Lead
Type: Full Time
Location - New York (Hybrid)
Must have - certified Qualified Actuary from IAI, IFOA, or CAS, boasting a minimum of 10 years of experience.
Job Summary:
• Seeking a certified Qualified Actuary from IAI, IFOA, or CAS, boasting a minimum of 10 years of experience.
• Responsible for overseeing and directing the P&C actuarial team.
• Expected to collaborate closely with both the Clients team and clients on general insurance actuarial projects specifically targeting the US markets.
• Perform complex Actuarial analysis, identify key drivers of results & develop actionable insights in determining pricing/ reserving strategy.
• Lead the team in performing tasks such as rate review, rate filing, pricing models, reserve estimation, valuation reports, and presentation preparations.
• Aid in the onboarding and skill development of new team members.
• Identify and actively engage in continuous improvement endeavors.
• Ensure adherence to Data Privacy and Protection Guidelines
Key Responsibilities:
• Lead and oversee the Pricing, Modeling, and Reserving functions within the Property and Casualty division
• Provide analysis and insights to assist in determining pricing strategy
• Monitor profitability, reserves and claim trends and share results with recommendations to underwriting & pricing business partners.
• Utilize advanced actuarial methods to develop and maintain pricing models, ensuring accuracy and relevance for the organization's objectives.
• Collaborate with cross-functional teams to transform analytical findings into actionable insights, aiding decision-making processes.
• Manage a team of actuaries, providing guidance, mentorship, and support in their professional development.
• Stay updated with industry trends, regulatory changes, and emerging actuarial methodologies, incorporating them into the organization's strategies.
• Foster a culture of innovation and continuous improvement within the actuarial team.
Candidate Profile:
• Qualified Actuary from IAI, IFOA, or CAS with a minimum of 10 years of experience in the Property and Casualty insurance sector.
• Must have experience in leading actuarial team.
• Strong leadership skills with the ability to manage and lead a team effectively.
• Proven experience in collaborating with cross-functional teams and clients, particularly in the US insurance markets.
• Expertise in critically examining and analyzing models, demonstrating a keen eye for detail.
• Proficiency in preparing detailed documentation for various actuarial processes and presentations.
• Commitment to learning and development, assisting in the growth of team members.
• Proactive in identifying and participating in continuous improvement initiatives.
• Thorough understanding and adherence to Data Privacy and Protection Guidelines.