Senior Reserving Actuary - Hybrid, Impactful Forecasting

Canopius Group; New York (NY); Hybrid; USD 150,000 - 200,000; Full time

Job summary

Canopius is seeking an experienced Reserving Actuary to lead quarterly technical reserve analyses for multiple lines of business in New York, ensuring data quality and applying standard actuarial techniques while highlighting uncertainties. The role requires strong data manipulation skills, and the ability to communicate complex results to both technical and non-technical audiences across the organisation.

You will support governance processes, mentor colleagues, and collaborate with Claims,

Qualifications

• 5-8+ years of actuarial experience in P&C insurance, with a strong focus on reserving.

Responsibilities

• Carries out the analysis of the technical reserves on a quarterly basis for multiple lines of business using standard actuarial techniques.
• Performs analysis on large data sets using appropriate tools and techniques.
• Performs data reconciliation between various systems and reports to ensure the reliability and completeness of the data used for reserving analysis and highlights data limitations for consideration within analysis and feeding back to operational teams for remediation.
• Communicates results, movements and key uncertainties from reserving analysis to technical and non-technical audiences for quarterly and ad-hoc analyses.
• Prepares supporting documents required through the quarterly and annual governance structure including divisional reserving meetings and input to the Reserving Forum.
• Supports the Finance department with preparation of analysis and reporting on reserve related items.
• Has a working knowledge of all reserving bases (Ultimate, GAAP, SII, IFRS, US Situs), including purpose and differences.
• Implements statistical analyses and investigations as requested by actuarial management team.
• Assists with implementing process improvement and development of effective tools for reserving analysis.
• Encourages and develops feedback loops with other Actuarial sub-teams and other departments for inputs/outputs to the reserving processes.
• Empowers partnerships with Claims, Underwriting, Risk, Finance, Management and Actuarial teams to understand the impact of initiatives and book of business changes and incorporates them into ongoing reserve analyses.
• Takes responsibility for engaging other areas of the business with inputs and outputs from the reserving (ie feedback loops), for example underwriters, claims and finance and business planning teams.
• Recognizes, implements and reviews process improvement and development of effective tools for reserving analysis.
• Mentors and provide guidance and training to actuarial colleagues and the wider business.

Skills

Actuarial experience

ACAS

FCAS near completion

Excel

Data modeling

Communication

SQL

Python

Tools

SQL

Python

Job description

Canopius is seeking an experienced Reserving Actuary to lead quarterly technical reserve analyses for multiple lines of business in New York, ensuring data quality and applying standard actuarial techniques while highlighting uncertainties. The role requires strong data manipulation skills, and the ability to communicate complex results to both technical and non-technical audiences across the organisation.

You will support governance processes, mentor colleagues, and collaborate with Claims,