Senior Reserving Actuary - NA Specialty Leader

Home Helpers of North Decatur; Boston (MA); On-site; USD 120,000 - 165,000; Full time

Job summary

American International Group is seeking an Actuary, Reserving - North America Specialty in North America to lead day-to-day reserving work, ensuring timely and accurate results and alignment with global standards.

You will collaborate with finance, claims, risk management and senior leaders to develop efficient processes, present MI, and support audits, with opportunities to influence reserving practices and drive continuous improvement.

Qualifications

• BS in Actuarial Science, Mathematics, Statistics, or related field.
• FIA or FCAS preferred.
• 5+ years’ experience in commercial lines.
• Experience of reviewing and managing reserving processes.
• Experience of setting reserves.
• Demonstrated ability to improve processes.
• Ability to work collaboratively across disparate stakeholders, respond and prioritise work effectively.
• Excellent analytical and problem-solving skills.
• Excellent project management skills.
• Effective time management and organizational skills.
• Excellent communication, presentation, and interpersonal skills.
• Customer focus.

Responsibilities

• Lead the day-to-day work of the team and work together to ensure timely and accurate delivery of the North America Specialty reserve results and local reporting requirements.
• Ensure consistency in reserving approach across products within North America Specialty and with global standards.
• Collaborate with North America and International reserving management to develop consistent and efficient processes globally.
• Review and report upon reserves across North Specialty to Head of Global Specialty, North America Management and wider business.
• Consolidate North America Specialty reserving results into key MI and present to senior business leaders.
• Support the Global Specialty Reserving lead in managing the schedule of reserve reviews for all North America Specialty products.
• Ensure appropriate controls are in place for the reserving process, support and be the point person for Actuarial for the annual audit reviews, independent reserve reviews, internal audit and SOX reviews for North America Specialty products.
• Develop efficient or improve existing processes for the management and presentation of reserving information across Global Specialty.
• Reports jointly to Head of North America Actuarial and Global Specialty Reserving Lead.
• Act as an independent lead within the GS team ensuring best practice across reserving and, longer term, other actuarial functions.

Skills

Analytical skills

Problem solving

Communication

Project management

Time management

Interpersonal skills

Collaboration

Customer focus

Education

BS in Actuarial Science/Math/Statistics

FIA/FCAS preferred

Job description

American International Group is seeking an Actuary, Reserving - North America Specialty in North America to lead day-to-day reserving work, ensuring timely and accurate results and alignment with global standards.

You will collaborate with finance, claims, risk management and senior leaders to develop efficient processes, present MI, and support audits, with opportunities to influence reserving practices and drive continuous improvement.