Remote P&C Actuary: Regulatory Risk Expert

Acturhire; Northern (KY); Hybrid; USD 120,000 - 190,000; Full time

Job summary

Risk & Regulatory Consulting, LLC is seeking an experienced Property & Casualty actuary to join our regulatory consulting team. You will work with industry professionals on insurance engagements and provide insights to regulators from a remote, work-from-home US environment.

Key duties include reserving, pricing, ratemaking, capital modeling and ERM, with exposure to AI/machine learning tools, client communications, and project leadership.

Qualifications

• Bachelor's degree in mathematics, actuarial science, economics or statistics.
• Minimum 10+ years professional experience in a Property and Casualty insurance company, financial services or consulting firm.
• Knowledge of reserving, pricing, ratemaking, capital modeling, and/or enterprise risk management.
• Experience working in public accounting or consulting firm with complex modeling, 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.

Responsibilities

• Serve as actuarial SME on client engagements which include:
• Identifying and assessing significant reserving, pricing/underwriting, capital and reinsurance risks that could impact the insurer’s financial strength.
• Reviewing rate filings that rely on complex models to assess reasonableness of overall rate indication, modeling approach, and regulatory compliance.
• Assisting audit teams with assessing the reasonableness of financial statement accruals.
• Coordinating internal resources and advising project teams on solutions and strategies.
• Document observations and conclusions and ensure work adheres to actuarial standards.
• Communicating effectively with clients and cross-functional project teams.
• Adhering to project budgets and timelines.

Skills

Reserving

Pricing

Ratemaking

Capital modeling

Enterprise risk management

Machine learning

AI tools

Client communication

Project leadership

Statistical analysis

Education

Bachelor's degree in Mathematics/Actuarial Science/Economics/Statistics

ACAS

FCAS

MAAA

Tools

TeamMate

Access

Visual Basic

MS Excel

Job description

Risk & Regulatory Consulting, LLC is seeking an experienced Property & Casualty actuary to join our regulatory consulting team. You will work with industry professionals on insurance engagements and provide insights to regulators from a remote, work-from-home US environment.

Key duties include reserving, pricing, ratemaking, capital modeling and ERM, with exposure to AI/machine learning tools, client communications, and project leadership.