Reserving Actuary

Join Our Team

We are looking for a highly motivated, performance-oriented individual to join our team as Reserving Actuary. The role will report to the Chief Reserving Actuary and work primarily with the actuarial teams in the US, Bermuda, London, and Stockholm offices. Over time, there will be opportunities to expand into other areas of actuarial work (such as pricing) based on capabilities, interest, and need.

Your responsibilities will include:

Participation in all aspects of the reserving process:

• Producing high-quality reserving estimates,
• Communicating results to management and other stakeholders,
• Supporting profitability by continually reinforcing the reserving-pricing feedback loop,
• Improving and innovating on all aspects of the process,
• Preparing and validating data,
• Applying actuarial techniques to estimate outstanding liabilities,
• Preparing analyses and reports, and
• Assisting with GAAP, US and Bermuda Statutory Financial Reporting.

There will be opportunities to:

• Manage and take ownership for parts of the process, as rapidly as the individualis able to
• Interact directly with all stakeholders (finance, underwriting, and executive management)
• Innovate and improve existing process (through better use of data, automatic, etc.)
• Get international exposure to business and colleagues around the globe

Your skills and abilities should include:

• A track record of high performance
• An actuarial credential (e.g. FCAS, ACAS, or equivalent)
• 7-10+ years of experience in loss reserving, with experience in reinsurance a plus
• Exceptional problem solving and communication skills
• Strong work ethic and teamwork mindset
• Must have ability to be self-motivated, work independently, and multi-task on a variety of assignments
• Knowledge of accounting and finance preferred
• Programming/coding/database skills (SQL, Python, R, etc.) preferred
• Location is open and we support hybrid or remote work (with a note that the manager and colleagues for this position are based in the NY office and work)

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package.

The following are some of the benefits and perks we offer our employees:

• Medical
• Dental
• Vision
• FSA Medical and Dependent care
• Health Savings Account (HSA)
• EAP
• Basic Life and AD&D (company paid)
• Basic Long-Term Disability (employer) paid-Taxable income
• Employee paid Long Term Disability(voluntary)
• Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
• Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident
• Travel assistance programs Company paid
• 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
• Gym reimbursement
• Legal plan
• Pet Insurance
• Tuition reimbursement
• Generous PTO
• Flexible work arrangement
• Fully stacked pantry on-site
• Team outings
• ERG Groups

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