DescriptionThis role reports to the Chief Risk Officer and shifts the traditional actuarial mandate from end-to-end pricing/reserving to validating and relying on third-party bordereaux data, reserving gross/ceded/net independently, and reserving/capitalizing the re-assumed tail above treaty caps to full-carrier standards.
About the RoleStonehaven is seeking a Director of Actuarial Services to validate third-party bordereaux data, establish loss-development assumptions before each program onboards, reserve gross/ceded/net independently, and support the Reserve Committee and the annual statement of opinion. The successful candidate will bring deep P&C actuarial reserving experience and direct experience with bordereaux-based or third-party-sourced data.
What You'll Do:- Validate third-party/bordereaux data before relying on it for analysis or financial reconciliation, in coordination with Underwriting, Reinsurance, Finance, and IT.
- Establish ELR and expected development patterns before each program onboards; run quarterly actual-vs-expected against original assumptions.
- Reserve gross, ceded, and net independently; evaluate and reserve the re-assumed tail above treaty caps.
- Build the actuarial "toolbox" (ISO, RAA, S&P Schedule P) for loss development, trend, and PY/AY/AQ adjustments on thin or ramping program data.
- Oversee DUA pricing and monitor actual-vs-expected results by program; produce the quarterly program "report card."
- Support the Reserve Committee in a lead technical and advisory capacity.
About youWe love working with people who are eager to learn constantly and genuinely excited about the chaotic, rewarding process of building a company from the ground up.
You'll be a great fit if you bring:- A Strong Moral Compass: You believe in doing the right thing, period. We have a strict zero-tolerance policy for toxic behaviors.
- Customer-First Empathy: You are passionate about delivering an exceptional experience to everyone you work with, both inside and outside the company.
- Intellectual Curiosity: You naturally question the status quo and love finding innovative ways to solve problems.
- A Growth Mindset: You possess a hunger for continuous learning and want to constantly expand your skillset.
- Urgency & Prioritization: You can pivot quickly and balance the need to get things right with the speed of getting them done right now.
- A Solution-Oriented Outlook: When things go wrong, you don't look for blame-you immediately focus on how to fix it.
- Transparent Communication: You value honesty, clarity, and open feedback.
- Team-First Energy: You want to win together as a high-performing team and actively build connections across our remote locations.
RequirementsMust Haves:
- 10+ years of P&C actuarial experience, including reserving for both retained and ceded business.
- Direct experience with bordereaux-based or third-party-sourced data (MGA, program, or reinsurance actuarial work).
- Experience reserving re-assumed/tail exposure above treaty caps, not only quota-share slices.
- Associate of the Casualty Actuarial Society (ACAS).
Nice to Haves:
- Fellow of the Casualty Actuarial Society (FCAS) is preferred.
- Prior fronting-carrier or program-actuarial experience specifically.
- Experience serving as or coordinating with an appointed/independent actuary.
BenefitsUS Benefits - Full remote flexibility and asynchronous work culture.
- Unlimited PTO and fully paid sick leave.
- Comprehensive health benefits, including medical, dental, and vision coverage, plus HSA and FSA options.
- Additional financial protection and retirement benefits, including a 401(k), company-paid life insurance, and disability coverage.
CompensationCompensation:- The base salary range for this position is $200,000-350,000 This is a good-faith compensation range based on what Ledgebrook reasonably expects to pay for this position at the time of this posting. Actual compensation may vary based on a variety of relevant factors including but not limited to experience, qualifications and geographic location.
- Employees in this position are eligible to participate in Ledgebrook's equity incentive program.
