(USA) Senior Manager, Risk Management - Actuary

Walmart; Arkansas; On-site; USD 90,000 - 180,000; Full time

Job summary

Join a leading company as an Actuary in the Property and Casualty (P&C) team where you will analyze data, develop actuarial models, and support business decisions. This role requires strong actuarial knowledge and offers competitive benefits including health coverage and paid time off.

Benefits

Medical, vision, and dental coverage

401(k) and stock purchase options

Paid time off, including sick leave and parental leave

Short-term and long-term disability

Education benefits (Live Better U program)

Qualifications

• 3 years’ experience in risk management or finance required.
• ACAS certification or in pursuit of accreditation.

Responsibilities

• Analyze and interpret complex data for P&C insurance products.
• Develop and maintain actuarial models for estimating losses.
• Collaborate with cross-functional teams for product development.

Skills

Actuarial methods

Communication

Education

Bachelor's degree in Business, Finance, or related field

Master's degree in Business, Finance, or related field

Job description

We are seeking an experienced Actuary to join our Property and Casualty (P&C) team. As an Actuary, you will play a critical role in supporting the analysis and decision-making process for our P&C insurance products. Your expertise will help us to accurately assess and manage risk, optimize pricing, and drive business growth.

The Senior Manager Actuary reports directly to the Finance Director of Risk & Benefits with a mission to provide recommendations and support to leadership in the Property and Casualty space. This is a heavily matrixed environment with daily interactions with Claims, Legal, Finance, and Controllership functions.

What you'll do...

• Analyze and interpret complex data to inform business decisions, including loss ratios, claim frequencies, and severity of losses
• Develop and maintain actuarial models to estimate losses, including catastrophe models and regression analysis
• Conduct sensitivity analysis and scenario planning to assess the impact of changing market conditions and regulatory requirements
• Collaborate with cross-functional teams, including Claims, Safety, Legal, and Finance to develop and refine P&C products
• Provide actuarial support for product development, pricing, and reserving
• Stay up-to-date with industry trends, regulatory changes, and emerging risks to ensure our P&C products remain competitive and compliant
• Develop and maintain relationships with external stakeholders

What you'll bring:

• Robust knowledge of and experience with actuarial methods
• Strong communication skills to explain actuarial results
• ACAS or higher certification or in pursuit of accreditation

The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all responsibilities and qualifications required of employees assigned to this job. The full Job Description can be made available as part of the hiring process.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision, and dental coverage. Financial benefits include 401(k), stock purchase, and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.

Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific plan or program terms.

For information about benefits and eligibility, see One.Walmart.

The annual salary range for this position is $90,000.00-$180,000.00. Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include stock options.

Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Bachelor's degree in Business, Finance, or related field and 3 years’ experience in risk management, finance, or related area OR 5 years’ experience in risk management, finance, or related area.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Master's degree in Business, Finance, or related field., Supervisory experience

Primary Location...

508 Sw 8Th St, Bentonville, AR 72712, United States of America