Senior Actuary, Reserving — Hybrid/Remote

The Mutual Group; United States; Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

401(k) matching up to 6%

Life Insurance and AD&D

Medical, dental and vision plans

Wellness incentives

Generous time off

Hybrid/remote options for eligible pos

Educational assistance

Job summary

The Mutual Group is seeking a Senior Actuary, Reserving to lead quarterly reserve analyses for Property & Casualty lines and to partner with Claims, Finance and Underwriting. You will develop and maintain reserving models, prepare analyses with sound judgment, and document assumptions with strong governance.

Hybrid work options are available for employees near the home office. The role requires ACAS, with FCAS preferred, and involves supporting financial reporting, regulatory processes, and

Qualifications

• 5 to 8 years of actuarial experience in Property & Casualty insurance, with significant experience in reserving.
• ACAS required; FCAS designation or active pursuit of FCAS preferred.
• Strong understanding of loss reserving techniques, loss development analysis, reserve uncertainty, and actuarial modeling.
• Proficiency with modeling and data analysis tools; experience with actuarial reserving software or programming tools preferred.
• Experience supporting financial reporting, reserve reviews, audits, or regulatory requirements.
• Strong analytical, problem-solving, and critical-thinking skills.
• Effective written and verbal communication skills with the ability to explain technical concepts to non-actuarial audiences.
• Ability to manage multiple priorities and work independently while collaborating effectively across teams.
• Strong attention to detail and commitment to quality, governance, and documentation standards.
• Familiarity with actuarial standards of practice (ASOPs) and reserving best practices.

Responsibilities

• Perform quarterly Loss and LAE reserve analyses across assigned Property & Casualty lines of business.
• Prepare reserve analyses and recommendations using appropriate actuarial techniques and judgment.
• Ensure reserve indications are well-supported, documented, and consistent with actuarial standards and company policies.
• Maintain reserving models, methodologies, and supporting documentation.
• Contribute to the development and enhancement of reserving controls, governance processes, and documentation standards.
• Perform diagnostic testing, trend analysis, and assumption reviews to evaluate reserve adequacy.
• Partner with Finance to support financial close processes, reserve change analyses, audits, and regulatory reporting.
• Support external actuarial reviews, audits, and regulatory examinations as needed.
• Develop actuarial analyses and insights related to reserve performance, loss trends, and emerging risks.
• Analyze development patterns, claim trends, and sources of reserve volatility.
• Collaborate with Claims and Underwriting to understand operational and portfolio drivers impacting reserve results.
• Perform scenario testing, reserve uncertainty assessments, and forecasting exercises.
• Monitor emerging issues and communicate potential impacts on reserve adequacy and business performance.
• Contribute actuarial analysis to reinsurance, capital planning, business planning, and other enterprise initiatives.
• Contribute to enhancements in actuarial models, data processes, and analytical tools.
• Develop and communicate clear analyses and recommendations to actuarial leadership and business partners.

Skills

Reserving techniques

Loss reserving analysis

Actuarial modeling

Data analysis tools

Communication skills

Independent work

Education

ACAS

FCAS in progress / FCAS designation

Tools

Actuarial software

Programming tools

Job description

The Mutual Group is seeking a Senior Actuary, Reserving to lead quarterly reserve analyses for Property & Casualty lines and to partner with Claims, Finance and Underwriting. You will develop and maintain reserving models, prepare analyses with sound judgment, and document assumptions with strong governance.

Hybrid work options are available for employees near the home office. The role requires ACAS, with FCAS preferred, and involves supporting financial reporting, regulatory processes, and