P&C Actuarial Assistant - Reserving

WFH, IL Full Time
POSTED ON 4/21/2024

The P&C Actuarial Assistant - Reserving is responsible for performing reserve estimates and reporting financial results utilizing accepted actuarial standards, methodologies and knowledge gained through on the job training.

This role works closely with management and key business partners to execute on appropriate reserving strategies of low to moderately complex lines of business.

Key Responsibilities :

  • Uses best practices, with limited coaching, to perform basic to moderately complex reserving analysis, using traditional actuarial techniques, including proper documentation and evaluation, to provide insights and meet business needs
  • Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
  • Manages, and / or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
  • With limited coaching, reviews and ensures quality of data used to perform actuarial services within multiple tools / applications
  • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area

Supervisory Responsibilities :

This job does not have supervisory duties.

Education and Experience :

  • Bachelors degree in related field of study such as actuarial science, math, or statistics
  • 2 or more years of experience (Preferred) in an actuarial reserving position
  • Successful completion of three or more actuarial exams with intent to pursue Fellow of the Casualty Actuarial Society (FCAS) designation

Functional Skills :

  • Knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
  • Advanced Microsoft Excel skills required. Working knowledge of Power Point and Word. Experience using Tableau or Power BI is a plus.
  • Ability to code in SQL (preferred), Python, or R is a plus
  • Strong written and verbal communication skills
  • Basic insurance knowledge, including professional standards of actuarial techniques
  • Ability to complete multiple concurrent assignments in a timely manner, with limited guidance
  • Work effectively in a team environment

LI-CH1

LI-Remote

National General prides itself on offering our employees a robust Total Rewards package which includes base salary. The base range offered for the role is : $85,000 - $110,000 and may vary based on internal equity, and job-related skills, knowledge and experience;

among other factors. Other financial components may be added as part of the competitive compensation package, in addition to a full range of benefits, dependent on the level and position offered.

National General Holdings Corp. is an Equal Opportunity (EO) employer Veterans / Disabled and other protected categories.

All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas.

2 days ago

Salary.com Estimation for P&C Actuarial Assistant - Reserving in WFH, IL
$72,110 to $91,229
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