Your Role on the Expedition:This position is responsible for providing critical analysis and internal reporting for companywide processes such as reserving, forecasting, portfolio analyses, and miscellaneous supporting initiatives. A successful candidate must synthesize expert level understanding of insurance, finance, and building models to address questions from a wide variety of departments including Underwriting, Finance, Sales, and top management. Required skills include in-depth knowledge of reserving, relational databases, data warehouses, Excel, financial models, and a working knowledge of predictive modeling. This position works with all management levels across the North American organization with significant exposure to Holding Company and is a direct report to Sr Actuarial Analyst.
Chart Your Course:- Quarterly and annual reserving for IFRS17 and Solvency2 using established actuarial methods.
- Provides range of reasonable reserves, selects best estimates, and provides clear explanations of changes from one analysis to the next.
- Compares own assumptions with alternate competing assumptions and assesses impact best estimate.
- Tracks evolution of booked value within range, and in comparison, to best estimate.
- Support Capital and Investment functions on topics involving UBEL.
- Support in IT projects related to losses.
- Performs the estimation of losses for Budget and Forecast.
- Develops criteria to validate results considering prior expectations.
- Identifies root causes of results materially outside of expectation.
- Assists colleagues with validation, version control and consistency of assumptions throughout process.
- Examines and interprets technical results in the context of the specific complex business questions being addressed.
- Identifies new questions and/or unforeseen data complexities arising from technical results and takes steps to address them with appropriate responsible parties.
- Uses data systems, query tools to design and execute work projects associated with the above.
- Provides clear communication of results both in writing and verbally, being clear and concise by identifying appropriate level of detail for intended audience, using data visualization wherever possible.
Your Ticket to Success:Required Qualifications:
- High School Diploma or Equivalent (GED) required.
- Bachelor's degree (B.S.) in mathematics, actuarial science, economics, finance or similar degree from an accredited college or university required, or related degree.
- Completion of at least 1-3 actuarial exams.
- 2+ years related actuarial experience.
- Reserving principles including understanding the reserving process and financial impacts.
- Clear communication skills.
Preferred Qualifications:
- Knowledge of IFRS17 and Solvency2 preferred.
- Knowledge of PBI, SQL, R and ResQ preferred.
- Experience working with finance, sales, operations and executive level communications preferred.
Salary: 85k-120k/yr
Position Coordinates:This is a hybrid role based out of our San Diego, CA office. As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.
Time for Take-off:While there is some flexibility in the hours, this position will be Monday-Friday during regular business hours (approximately 8:00am-5:00pm). Occasional overtime may be required according to business need.
