Senior Actuarial Analyst Reserving and Modeling

Dallas, IA - USA

Monthly Salary: Not Disclosed

Posted on: 10 hours ago

Vacancies: 1 Vacancy

Job Summary

The position is described below. If you want to apply click the Apply button at the top or bottom of this page. Youll be required to create an account or sign in to an existing one.

If you have a disability and need assistance with the application you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries wont receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

An Actuarial Services Senior Professional (ACAS or exam progressed candidate) will support reserving analyses portfolio level modeling and catastrophe risk analytics within a large diversified Program Manager. This role is well suited for someone with approximately 4 or more years of actuarial experience who is looking to broaden their exposure beyond traditional reserving and pricing into portfolio and catastrophe analytics in a program business environment.
The position is an individual contributor role working closely with underwriting analytics and actuarial leadership to support decision making across multiple programs carriers and reinsurance partners.

KEY RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.

Reserving & Loss Analytics

Support quarterly and annual reserving analyses across multiple programs and lines of business.
Assist in preparing loss development ultimate loss estimates and IBNR analyses under the guidance of senior actuarial staff.
Help analyze loss emergence reserve movements and key drivers by program and portfolio.
Prepare supporting exhibits and documentation for internal reviews carrier discussions and external stakeholders.
Contribute to reserve reviews by providing clear analysis and commentary on results and trends.

Portfolio & Actuarial Model Support

Support the development and maintenance of portfolio level actuarial and financial models used for:
Program profitability analysis
Portfolio monitoring and segmentation
Scenario and sensitivity testing
Portfolio facility models that support large capacity arrangements with a diversified portfolio of program business
Assist in combining loss experience exposure data and underwriting metrics into analytical frameworks and reconciling modeled projections with actuals
Run model scenarios and help interpret results for underwriting and management audiences.
Support data validation reconciliation and ongoing model enhancements.

Catastrophe Modeling & Exposure Analysis

Assist with catastrophe modeling support at the program and portfolio level.
Work with internal resources vendors or external partners to:
Review catastrophe model outputs
Summarize key metrics such as AALs PMLs and tail risk
Compare results across models assumptions or exposure changes
Help incorporate catastrophe loss views into broader portfolio analyses and profitability assessments.
Support aggregation concentration and exposure monitoring efforts.
Prepare materials to support underwriting reinsurance and capital discussions related to catastrophe risk.

Cross Functional Collaboration

Work closely with underwriting finance third party actuarial teams and internal analytics teams to support program reviews and portfolio monitoring.
Assist with analytical support for new programs program changes or remediation efforts.
Support reinsurance analytics including understanding the impact of ceded structures on net results.
Contribute to improvements in data quality analytics processes and actuarial tools.

EDUCATION AND EXPERIENCE

The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelors Degree preferred.
Approximately 410 years of actuarial experience with exposure to P&C reserving and pricing and reinsurance.

CERTIFICATIONS LICENSES REGISTRATIONS

ACAS preferred or strong exam progress toward ACAS.

FUNCTIONAL SKILLS

Experience with program business MGAs carriers or reinsurance is a plus.
Familiarity with catastrophe modeling concepts and outputs; hands on modeling experience is helpful but not required.
Working knowledge of loss development methods and actuarial reserving techniques.
Proficiency in Excel and actuarial analysis; experience with SQL Python or R is a plus.
Ability to clearly summarize analytical results for non actuarial stakeholders.
Strong analytical skills with attention to detail.
Curiosity and willingness to learn across reserving portfolio analytics and catastrophe risk.
Comfortable working in a collaborative fast paced environment.
Clear communicator with the ability to translate analysis into business context.

Interest in developing a broader actuarial skill set within an underwriting driven organization

General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group were committed to supporting every aspect of teammates well-being physical emotional financial social and professional. Our best-in-class benefits program is designed to care for the whole you offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical dental vision life disability and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs including company holidays vacation and sick days new parent leave and more. Eligible positions may also qualify for restricted stock unitsand/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify

Required Experience:

Senior IC

The position is described below. If you want to apply click the Apply button at the top or bottom of this page. Youll be required to create an account or sign in to an existing one.If you have a disability and need assistance with the application you can request a reasonable accommodation. Send an e...