Senior Actuary: Inventory & Physical Risk Forecasting

Tap Growth ai; New York (NY); On-site; USD 180,000 - 250,000; Full time

Job summary

Tap Growth ai is seeking a Principal Actuary in New York to lead the development of an integrated quantitative risk framework for insurance-driven claims, rapidly depreciating inventory assets, and future supply commitments. The role combines hands-on actuarial modeling with practical valuation of physically delivered contracts and related optionality.

The senior individual contributor will build probabilistic models, run stress tests, backtest assumptions, and collaborate across Finance, Supply

Qualifications

• Active actuarial credential required (ACAS/FCAS/ASA/FSA or international equivalent).
• Demonstrated hands-on experience with insurance claims‑frequency and exposure models.
• Experience valuing physically delivered forward, offtake or similar contracts with optionality.

Responsibilities

• Insurance claims modeling: build probabilistic models using claims history, product mix, device age, churn and external drivers.
• Inventory valuation: model depreciation, recoverability, liquidation discounts and price volatility.
• Physical contract valuation: price and assess physically settled forwards, offtake agreements and optionality; compare to spot inventory.”
• Inventory portfolio optimization: evaluate risk-adjusted buy, hold, repair, transfer, sell and hedge decisions.
• Technical modeling: write Python/SQL models, document lineage and validation; ensure governance of methodologies.
• Cross‑functional leadership: align risk terminology, influence procurement planning, and develop enterprise inventory risk framework.
• Management and governance: senior technical authority for actuarial methodologies; mentor colleagues; coordinate cross‑functional groups.
• Financial responsibility: provide quantitative recommendations affecting inventory reserves and risk limits; governance approvals remain with other functions.

Skills

Actuarial modeling

Python

SQL

Stochastic simulation

Risk management

Communication

Education

Bachelor's degree in actuarial science or related

Active actuarial credential (ACAS/FCAS/ASA/FSA)

Job description

Tap Growth ai is seeking a Principal Actuary in New York to lead the development of an integrated quantitative risk framework for insurance-driven claims, rapidly depreciating inventory assets, and future supply commitments. The role combines hands-on actuarial modeling with practical valuation of physically delivered contracts and related optionality.

The senior individual contributor will build probabilistic models, run stress tests, backtest assumptions, and collaborate across Finance, Supply