Actuarial Director
About The Position
At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today. This role will be responsible for the management of actuarial functions. The role will develop and execute required actuarial pricing, reserving, or data analytics functions. The employee will work closely with the risk, underwriting, claims, finance, operations teams to assist with overall business strategy.Job OverviewThis role will be responsible for the management of actuarial functions. The role will develop and execute required actuarial pricing, reserving, or data analytics functions. The employee will work closely with the risk, underwriting, claims, finance, operations teams to assist with overall business strategy.
Requirements
- Bachelor's Degree
- Experience: 10+ years
- Leadership Experience: 4+ years
Nice To Haves
- Master's Degree
- Experience: 15+ years
Responsibilities
- Evaluates performance and pricing of insurance and reinsurance programs and analyzes their financial impact in coordination with catastrophe risk modeling teams
- Drives reserving process including initial expected loss ratios, loss development factors, and required Incurred But Not Reported (IBNR) reserves
- Establishes reserve practices for quarterly performance updates and supports preparation of internal and statutory financial reports
- Executes data analytics support for pricing, reserving, and modeling needs across risk and actuarial functions
- Builds complex specialty models with underwriting and claims teams to assess risk exposures and develop pricing strategies
- Performs other job-related duties as assigned
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Director
Number of Employees
5,001-10,000 employees
