Reserving Actuarial Analyst — Hybrid + Equity

Merchants; Buffalo (NY); Hybrid; USD 75,000 - 95,000; Full time

Benefits offered by this job

Competitive pay scale

Outstanding company bonus program

Tuition Reimbursement

Generous paid time off package

Job summary

Merchants is seeking a Reserving Actuarial Analyst for its Buffalo headquarters. The role involves estimating unpaid property and casualty insurance liabilities and improving reserving methodologies.

The ideal candidate will have at least three years of actuarial experience and a Bachelor’s degree in a relevant field. This position features a hybrid work model, providing flexibility while maintaining collaboration within the actuarial team.

Qualifications

• Minimum of three years’ experience in the property and casualty actuarial field preferred.
• Credit for four exams and commitment to pursuing actuarial credentials preferred.
• Detail-oriented with strong time-management skills.

Responsibilities

• Supports quarterly and annual reserve reviews using traditional estimation techniques.
• Extracts, validates, and maintains transactional datasets.
• Improves tools and efficiency of the review process.

Skills

Excel proficiency

Analytical skills

Actuarial knowledge base

Programming/database skills

Education

Bachelor’s degree in Mathematics, Statistics, Actuarial Science, or related field

Tools

SQL

PowerBI or Tableau

ResQ or similar reserve software

Job description

Merchants is seeking a Reserving Actuarial Analyst for its Buffalo headquarters. The role involves estimating unpaid property and casualty insurance liabilities and improving reserving methodologies.

The ideal candidate will have at least three years of actuarial experience and a Bachelor’s degree in a relevant field. This position features a hybrid work model, providing flexibility while maintaining collaboration within the actuarial team.