Reserving Actuary - Strategic Partner for GSI US

Next Insurance, Inc.; Princeton (NJ); On-site; USD 145,000 - 193,000; Full time

Benefits offered by this job

Health insurance

401k match

Paid time off (PTO)

Job summary

Munich Re America Services (MRAS) is seeking an Actuary to join the Global Specialty Insurance US Reserving team within Corporate Reserving at Princeton, NJ. The role focuses on loss reserve analyses, status reviews, and communicating financial impact with business units, claims, and finance teams.

The candidate will apply IFRS17 concepts, manage data-driven analytics, and drive process improvements while collaborating across a diverse, global organization.

Qualifications

• Bachelor's degree in economics, mathematics, actuarial science or a similar qualification with a strong quantitative focus; Masters or MBA preferred
• Credentialed Actuary (CAS or comparable)
• Experience in non-life (re)insurance (reserv­ing, pricing, underwriting, risk management, controlling or similar disciplines)
• Excellent quantitative and analytical skills with emphasis on practical application
• Experience with insurance-related databases and data warehouses preferred
• Strong verbal and written communication skills, including ability to explain technical concepts to non-technical audiences
• Ability to combine actuarial expertise with business judgment, stakeholder management, and clear communication
• Strong project management, process optimization and change management skills

Responsibilities

• Building trusted relationships with the GSI Business Unit and key stakeholders to foster open communication, align different interests, and enable effective collaboration across a complex global organization
• Acting as the interface between Corporate Reserving and the GSI Business Units, Claims, and Finance functions involved in the actuarial control cycle, both locally and globally
• Enhancing reserve analyses by understanding strategy, portfolio performance, and trends within the marketplace
• Taking ownership of assigned reserve reviews and actuarial analyses, including actual vs. expected comparisons and documentation
• Translating reserving results into actionable business insights by explaining the impact on financial results
• Understanding IFRS17 concepts and results relevant to reserving analyses
• Identifying opportunities to improve reserving processes, reporting, automation, and data-driven analytics
• Collaborating in a diverse team to maximize the quality of deliverables

Skills

Actuarial credentials

Non-life insurance

Quantitative analysis

Communication skills

Project management

Data interpretation

Education

Bachelors in economics/math/actuarial science

Masters or MBA preferred

Tools

Insurance databases

Data warehouses

Job description

Munich Re America Services (MRAS) is seeking an Actuary to join the Global Specialty Insurance US Reserving team within Corporate Reserving at Princeton, NJ. The role focuses on loss reserve analyses, status reviews, and communicating financial impact with business units, claims, and finance teams.

The candidate will apply IFRS17 concepts, manage data-driven analytics, and drive process improvements while collaborating across a diverse, global organization.