Manager Actuarial Reserving
Mercury Insurance Services, LLC•Remote,
•$128,136 - $252,194•Remote
About The Position
Step into a high-impact leadership role at the heart of Mercury Insurance’s financial strength — as the Actuarial Reserving Manager, you’ll drive the integrity of the company’s P&C reserve analyses and deliver actuarial insights that directly inform executive decision-making and long-term financial stability. This is a rare opportunity to lead meaningful, technically sophisticated work while also shaping the next generation of actuarial talent through mentorship and development.
Requirements
- Minimum: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.
- Minimum: 5+ years of P&C actuarial or reserving experience.
- Strong understanding of P&C loss reserving methods and financial reporting.
- Proficiency in actuarial and analytical tools, including Excel, SQL, and WTW ResQ.
- Strong analytical skills with the ability to evaluate complex loss development data and reserve adequacy.
- Effective written and verbal communication skills, including the ability to present findings to Finance and executive leadership.
- Leadership and mentoring skills with the ability to develop and guide analytical staff.
- Ability to exercise independent judgment on matters of significance.
- Collaborative approach to working across cross-functional teams and with external partners.
Nice To Haves
- Preferred: ACAS, FCAS, or progress toward actuarial designation preferred.
Responsibilities
- Lead quarterly and annual reserve analyses for multiple P&C lines of business.
- Evaluate reserve adequacy and analyze loss development trends.
- Prepare reserve recommendations and support statutory and management reporting.
- Collaborate with external actuaries on reserve studies, actuarial reviews, and reporting requirements.
- Partner with Claims, Underwriting, and Finance teams to identify emerging trends and assess business impacts.
- Maintain and enhance reserving models, methodologies, and supporting documentation.
- Train and mentor Financial Analysts on actuarial reserving techniques and best practices.
- Support audits, regulatory reviews, and actuarial reporting requirements.
- Identify opportunities for process improvement and automation within the reserving function.
Benefits
- Competitive compensation
- Flexibility to work from anywhere in the United States for most positions
- Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
- Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
- Medical, dental, vision, life, and pet insurance
- 401 (k) retirement savings plan with company match
- Engaging work environment
- Promotional opportunities
- Education assistance
- Professional and personal development opportunities
- Company recognition program
- Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, 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
