Actuary

Emergent Holdings, Inc.; United States; Remote; USD 107,000 - 179,000; Full time

Job summary

Emergent Holdings, Inc. seeks an experienced actuary to perform advanced analyses across pricing, loss reserving, product development, reinsurance, and capital management.

The role involves communicating findings with senior management and partners, and mentoring junior actuarial analysts. The ideal candidate will have ACAS, a bachelor’s degree in actuarial science or related field, and at least four years of P&C actuarial experience, with strong Excel, SQL, and programming skills (R/Python) and

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, or related area.
• ACAS is required; FCAS designation pursued is preferred.
• Minimum of four (4) years property and casualty actuarial experience.
• Excellent oral and written communication skills.
• Advanced knowledge of actuarial principles in reinsurance, reserving, ratemaking, financial reporting, capital management, underwriting, and claims.

Responsibilities

• Perform actuarial analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes.
• Communicate findings and recommendations via presentations, reports and pricing tools.
• Document work and improve internal department processes.
• Design, enhance, and maintain pricing, reserving, reinsurance and forecasting models.
• Collaborate with business units to drive strategic plans and metrics.
• Monitor premium and loss ratio projections and communicate status to management.
• Mentor other actuarial analysts; represent Actuarial on corporate projects.

Skills

Actuarial analyses

Communication

Excel

SQL

R

Python

Presentations

Mentoring

Problem solving

Education

ACAS

Bachelor’s degree in Actuarial Science or related area

FCAS pursuit

Tools

Outlook

Word

PowerPoint

Job description

SUMMARY

This position is responsible for performing advanced actuarial analyses, designing and preparing exhibits, developing appropriate recommendations, and communicating with business partners and senior management. Mentors and trains actuarial analysts.

ESSENTIAL DUTIES AND RESPONSIBILITIES

include the following. Other duties may be assigned.

• Perform actuarial analyses for pricing, loss reserving, product development, reinsurance, capital management, and/or other financial or business purposes.
• Communicate effectively: Make recommendations and present findings to appropriate audiences via creation of presentations, reports and pricing tools as applicable.
• Document all work and establish or improve procedures for internal department processes.
• Help design, enhance, and maintain pricing, reserving, reinsurance and forecasting models.
• Work with various business units to help create and drive strategic plans and metrics.
• Monitor premium and loss ratio projections and communicate status to business units and senior management.
• Monitor industry results and trends and the Company’s relative performance to the industry. Monitor resulting action plans.
• Provide guidance and mentor other actuarial analysts.
• Represent Actuarial on corporate projects as needed.
• Attend meetings and serve on committees as necessary, representing the Actuarial department.
• Perform advanced special projects as needed.
• Maintain good standing with the Actuarial Society, complete annual CE requirements and attest as required, and follow the Code of Professional Conduct and all relevant actuarial standards of practice.

EDUCATION AND EXPERIENCE

• Bachelor’s degree in Actuarial Science, Mathematics, or related area.
• Requires ACAS. Pursuit of FCAS designation preferred.
• Minimum of four (4) years property and casualty actuarial experience.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

OTHER SKILLS AND ABILITIES

• Excellent oral and written communication skills.
• Ability to make competent, independent, decisions.
• Advanced knowledge of actuarial principles and practices in one or more of the following areas: reinsurance, reserving, ratemaking, financial reporting, capital management, underwriting, and claims practices.
• Ability to perform actuarial and statistical analyses.
• Ability to apply the principles of logical thinking to define problem; collect data, establish facts, and draw conclusions.
• Excellent communication with others, both actuaries and non-actuaries, verbally, in writing, and via presentations.
• Expertly skilled in use of Excel; proficiently skilled in use of Outlook, Word, and PowerPoint. Programming skills in SQL and/or statistical software (e.g. R, Python) preferred.
• Ability to learn new software.

ADDITIONAL INFORMATION

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description does not constitute a contract for employment.

WORKING CONDITIONS

Work is performed in a virtual office setting with no unusual hazards. Minimal overnight travel is required.

The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description.

Pay Range - Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market, and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $107,000 and $179,300.

We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form.

Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.