P&C Actuary

RSM US LLP; United States; Remote; USD 112,000 - 226,000; Full time

Benefits offered by this job

Remote work from home (US)

Job summary

Risk & Regulatory Consulting, LLC is seeking a P&C Actuary to join a national actuarial team, working on regulatory consulting and insurance engagements. The role offers advancement opportunities and professional growth while supporting clients from a remote, work-from-home setup across the US.

You will assess reserving, pricing, ratemaking and risk management, review rate filings, and collaborate with cross-functional teams to meet project goals and deadlines. Strong communication is essential.

Qualifications

• Bachelors in Mathematics, Actuarial Science, Economics or Statistics.
• 5+ years in P&C insurance, financial services, or consulting.
• Knowledge of reserving, pricing, ratemaking and risk management.
• ACAS/FCAS/MAAA designations preferred.
• Python or R experience is a plus.
• Strong communication and presentation skills.

Responsibilities

• Serve as part of the actuarial team on client engagements.
• Identify reserving, pricing, underwriting and reinsurance risks.
• Review rate filings and model reasonableness for regulatory compliance.
• Assist audit teams with assessing financial statement accruals.
• Document observations and communicate with clients and project teams.

Tools

TeamMate

MS Excel

Access

Visual Basic

Job description

Actuary - Property & Casualty

Risk & Regulatory Consulting, LLC

Remote: work from home-any US location

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Position Overview

As a P&C Actuary you will work with a team of industry professionals on regulatory consulting and other insurance related engagements. This position has opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

(Responsibilities may vary slightly depending on seniority level)

Serve as part of the actuarial team on client engagements including; identify and assess significant reserving, pricing/underwriting, and reinsurance risks that could impact property/casualty insurer’s financial strength as part of risk-focused financial examinations; review rate filings that rely on complex models to assess reasonableness of modeling approach and compliance with regulatory requirements, assist audit teams with assessing the reasonableness of financial statement accruals, prepare original actuarial analysis, review and assess the analysis of other actuaries, coordinate internal resources, advise project team on potential solutions and strategies to meet project goals and client needs, document observations and conclusions, communicate effectively with clients and cross-functional project teams, adhere to project budget and timelines.

Requirements

• Bachelor’s Degree in Mathematics, Actuarial Science, Economics, or Statistics
• Minimum of 5+ years professional experience in a Property and Casualty insurance company, financial services
• or consulting firm
• Knowledge of reserving, pricing, ratemaking, and/or risk management
• Experience working in public accounting, Big 4 or consulting firm with regulatory consulting and/or audit support experience is preferred
• ACAS, FCAS, MAAA, designations preferred
• Experience with personal lines, commercial lines, and reinsurance preferred
• An understanding of insurance rates and regulatory requirements for supporting reserve levels
• Experience in predictive modeling using Python or R is a plus
• Demonstrated problem solving skills
• PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in TeamMate, Access, Visual Basic, MS Excel and other applications)
• Ability to interact with all levels including executives and senior managers
• Strong interpersonal, presentation, analytical and statistical sampling skills
• Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments
• Exceptional written and verbal communication skill
• Dynamic/flexible demeanor with exceptional client service skills
• Forward-thinking leader with a collaborative focus who can consult effectively with key constituents and become recognized as a valued resource
• Must be self-motivated and possess a sense of urgency
• Skilled in team building and team development
• Ability to travel on occasion
• Ability to demonstrate ethical and professional standards as outlined by the Firm

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. RRC offers services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. RRC is a results-oriented firm committed to success that builds long-term relationships with its clients. www.riskreg.com

At RSM, we offer a competitive benefits and compensation package for all our people.We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients.Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at [e-mail].

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $112,100 - $225,500

Individualsselected for this role will be eligible for a discretionary bonus based on firm and individual performance.