Associate Actuary - Reserving

Fortegra FinancialIselin, NJ
28d$150,000 - $190,000

About The Position

Fortegra is seeking a motivated and diligent actuary with loss reserving experience. This role offers an exciting opportunity to apply your reserving expertise to various lines of business while broadening your skill set through diverse projects. LOBs analyzed may include Property (personal and commercial), General Liability, Professional Liability, and Warranty. Your main focus will be reserving and actuarial reporting, with numerous opportunities to contribute to other actuarial functions including pricing, data analytics, regulatory reporting, reinsurance, and more. This is a managerial position and is ideal for an enthusiastic actuary eager to make an impact and expand their professional horizons.

Requirements

  • 6+ years of actuarial experience in Property & Casualty insurance products.
  • Associate or Fellow of the Casualty Actuarial Society.
  • Proficiency in MS Excel.
  • A proactive, creative approach to problem-solving.
  • Exceptional interpersonal skills, with the ability to communicate complex results to diverse audiences.

Nice To Haves

  • Familiarity with IFRS 17 is preferred.
  • Knowledge of SQL or other programming languages is preferred.

Responsibilities

  • Perform quarterly loss reserve analyses for various lines of business and review work of peers
  • Perform semiannual long duration unearned premium reserve analysis
  • Monitor reserve adequacy across Fortegra's Specialty and Warranty portfolios and recommend reserve strengthening/weakening to Finance
  • Perform deep-dive analyses into large programs, providing actionable insights to Underwriting and Management
  • Enhance quarterly data collection and reporting processes used by Actuarial to present findings to key stakeholders including Underwriting, Claims, and Management
  • Assist with regulatory reporting requirements
  • Estimate collateral requirements for unauthorized reinsurers
  • Work with pricing team on various requests including due diligence work on prospective programs and other ad-hoc pricing requests

Benefits

  • Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Manager

Industry

Insurance Carriers and Related Activities

Education Level

No Education Listed

Number of Employees

501-1,000 employees

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service