Casualty Reserving Actuary - FCAS

Acturhire; United States; Hybrid; USD 165,000 - 248,000; Part time

Job summary

Acturhire seeks a Senior Casualty Reserving Actuary (FCAS) for a 4–6 week remote engagement in the United States. The consultant will assess reserve adequacy for CCIP/OCIP programs and deliver a concise opinion letter.

Responsibilities include reviewing claims experience, loss development, and reserve assumptions; evaluating probabilistic scenarios (P50/P70/P80) with stochastic methods; and providing actionable recommendations to management.

Qualifications

• FCAS (Fellow, Casualty Actuarial Society) is required.
• 10+ years of P&C casualty reserving experience.
• Demonstrated experience conducting CCIP/OCIP/wrap-up reserve adequacy studies.
• Experience with stochastic reserving and percentile-based reserve scenarios.
• US-based and qualified to issue the required opinion letter in the applicable jurisdiction.

Responsibilities

• Conduct reserve adequacy studies for CCIP/OCIP wrap-up programs.
• Review claims experience, loss development, reserve assumptions and potential deficiencies.
• Evaluate probabilistic reserve scenarios (P50/P70/P80) using stochastic methods.
• Deliver a concise actuarial report with recommendations and the required opinion letter.

Skills

FCAS

P&C reserving

CCIP/OCIP

Stochastic reserving

US-based

Job description

Senior Casualty Reserving Actuary – FCAS

Location: United States | Duration: 4–6 weeks

Seeking an experienced actuarial consultant to assess reserve adequacy for construction wrap-up insurance programs.

Responsibilities

• Conduct reserve adequacy studies for Contractor-Controlled and Owner-Controlled Insurance Programs (CCIP/OCIP).
• Review claims experience, loss development, reserve assumptions, and potential reserve deficiencies.
• Evaluate probabilistic reserve scenarios, including P50/P70/P80, using stochastic methods.
• Deliver a concise actuarial report with recommendations and the required opinion letter.

Required qualifications

• FCAS (Fellow, Casualty Actuarial Society) — mandatory.
• 10+ years of P&C casualty reserving experience.
• Demonstrated experience conducting CCIP/OCIP/wrap-up reserve adequacy studies.
• Experience with stochastic reserving and percentile-based reserve scenarios.
• US-based and qualified to issue the required opinion letter in the applicable jurisdiction.
• Available for a 4–6 week consulting engagement.

This is a remote position.