Description
We are seeking a highly analytical and detail-oriented Senior Actuarial Analyst to join our team. This position plays a key role in estimating ultimate losses and loss adjustment expenses (ULAE), as well as calculating incurred but not reported (IBNR) reserves for Personal Lines book of business.
The successful candidate will lead and execute the monthly Actual vs. Expected (AvE) analysis for a designated book of business, investigate and interpret the drivers of deviations between actual reported losses and expected losses based on models and prior analyses, support monthly financial bookings, ensuring reserve adequacy and accuracy, participate in the quarterly reserve review process to update ultimate loss and ULAE estimates, collaborate with other actuarial and finance teams to communicate key findings and insights, and ensure transparency and reproducibility of work through clear documentation and automation where possible.
This position requires a strong command of actuarial reserving concepts and techniques, proficiency in SQL and either R (preferred) or Python for data manipulation and analysis, progress towards actuarial designation with the CAS (minimum of 3 exams passed preferred), strong analytical skills with the ability to synthesize complex data and explain findings to non-technical stakeholders, and excellent organizational and time management skills.