FBS Senior Actuarial Analyst-Insurance

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.

Key Responsibilities:

• 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.
• Ensure transparency and reproducibility of work through clear documentation and automation where possible.

Requirements:

• Bachelor’s degree in actuarial science, Mathematics, Statistics, Data Science, or related field.
• 3+ years of relevant actuarial experience, preferably in reserving or property & casualty insurance.
• 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.
• Excellent organizational and time management skills.

Benefits:

This position comes with competitive compensation and benefits package:

1. Competitive salary and performance-based bonuses
2. Comprehensive benefits package
3. Career development and training opportunities
4. Flexible work arrangements (remote and/or office-based)
5. Dynamic and inclusive work culture within a globally renowned group
6. Private Health Insurance
7. Pension Plan
8. Paid Time Off
9. Training & Development