Staff Actuary, Casualty and Risk Management

American Academy of Actuaries; Washington (District of Columbia); On-site; USD 120,000 - 190,000; Full time

Job summary

The American Academy of Actuaries in Washington, DC seeks a Staff Actuary to support public policy and professionalism initiatives in casualty and risk management. This role emphasizes climate, cyber, AI risk and insurance lines, requiring actuarial expertise and independent advisory work.

You will collaborate with volunteers and staff, represent the Academy at forums, lead projects, and engage regulators and industry stakeholders to advance strategic priorities.

Qualifications

• Bachelor's degree in actuarial science or related field; ASA/ACAS preferred.
• 7–10 years actuarial experience, preferably in property/casualty insurance.
• Experience with stakeholder engagement and regulatory outreach.
• Knowledge of actuarial standards and public policy development.

Responsibilities

• Support public policy and professionalism initiatives with regulators and industry groups.
• Collaborate with volunteers and staff to deliver policy work products and outreach.
• Represent the Academy at public forums and within the actuarial community.
• Develop work products and identify stakeholders to drive policy work to completion.
• Contribute to research on emerging actuarial and risk topics with staff and volunteers.
• Lead projects and participate in cross-practice initiatives as needed.

Skills

Regulatory landscape

Stakeholder engagement

Public speaking

Project management

Communication

Actuarial standards

Actuarial analysis

Education

Bachelor's degree in actuarial science

ASA or ACAS

7–10 years actuarial experience

Property/casualty insurance experience

Policy issues understanding (P/C or financial services)

Tools

Asana

Job description

Title: Staff Actuary, Casualty and Risk Management

Department: Public Policy

Reports to: Senior Director, Public Policy

Direct Report(s): None

Overview

The Staff Actuary will support and advance the work of the American Academy of Actuaries in line with its role as the voice on public policy and professionalism issues in the United States. This role focuses on providing actuarial expertise in the form of analysis and recommended interpretations of key Academy strategic priorities, stakeholder outreach and engagement, partnership building with peer and stakeholder organizations, and tailoring public-facing work to meet state, federal and, when relevant, global needs.

Through strategic collaboration and volunteer engagement, the Staff Actuary leads and supports public policy and professionalism initiatives across the property/casualty practice area, with an emphasis on public policy priorities related to the impact of extreme events and climate on risk, cyber insurance, artificial intelligence and data science, and commercial, personal property, and liability insurance.

We are looking for a candidate who can bring a combination of strategic, solutions-focused perspective with knowledge of property and casualty, financial reporting, and professionalism issues that supports the Academy’s efforts in providing independent, objective advice.

Responsibilities and Duties

• Support and collaborate with the public policy and professionalism teams on staff, as well as with volunteer leadership, in building and maintaining relationships with key stakeholders, including regulators, the U.S. actuarial associations, employers, industry representatives, members, and volunteers, to foster trust and forge strategic partnerships.
• Collaborate with volunteers and staff to deliver public policy work products, professionalism content, and outreach initiatives that enhance strategic policy priorities and organizational goals.
• Represent the Academy at public forums and within the actuarial community, alongside the staff and volunteers, to promote the Academy’s offerings and policy perspectives.
• Propose and develop work products while identifying appropriate stakeholders in order to drive and finalize timely, relevant public policy work.
• Contribute to research activities on emerging actuarial and risk topics, working with the Research staff and volunteers to advance the Academy’s thought leadership and address industry needs.
• Lead projects as requested by Academy leadership, while participating and occasionally leading special projects to address emerging or priority cross-practice issues.

Travel: 15%, primarily domestic and in support of external presentations/conferences. Weekends and overnight attendance may be required.

Other duties as necessary.

Knowledge, Skills, and Abilities

• Understanding of regulatory, business, and state and federal legislative landscapes in the U.S. and ability to understand and communicate complex issues to a variety of audiences.
• Ability to operate independently and collaboratively across diverse groups.
• Demonstrated task and project management skills, with a strong attention to detail.
• Organizational and analytical skills with ability to manage multiple projects and deadlines.
• Excellent communication (verbal/written) and interpersonal skills with ability to interact effectively with a diverse audience. Experience in public speaking and formal presentations (webinars, podcasts, etc.).
• Broad exposure to insurance in areas such as pricing, reserving, data & analytics, or risk management, with subject matter expertise in at least one area in the casualty practice areas.
• Overall resourcefulness and ability to take initiative.
• Apply sound actuarial principles and maintain actuarial qualifications while adhering to the Standards of Practice as promulgated by the Actuarial Standards Board.

Education and Experience

• Bachelor’s degree in actuarial science, mathematics, statistics or a related field.
• ASA or ACAS required.
• 7-10 years of actuarial experience or an equivalent combination of education and experiences.
• Experience in property/casualty insurance, financial services, or risk management.
• Understanding of policy issues in the property/casualty insurance or financial services sector.
• Experience in stakeholder engagement, with experience working with legislative and regulatory stakeholders preferred.

Preferred Experience

• FCAS or FSA and MAAA designation preferred. Ability to obtain MAAA expected.
• Prior experience in member associations, trade organizations, or as a regulator a plus.
• Project management experience and experience with Asana is a plus.
• Demonstrated competency in one or more of the following:
  • Standard and advanced reserving methods
  • Pricing and cost allocation methods
  • Automobile, homeowners, medical professional liability, commercial liability insurance
  • Cyber insurance risks, governance, and pricing
  • Attribution science, impact of climate events on insurance affordability
  • Defining big data, data bias, correlation and causation, and the impact on modeling
  • Property and liability financial reporting
  • Workers’ compensation

FLSA Classification: Exempt.