- Chicago, Illinois, United States
- Hybrid
- Full-time · Vp
- $250K–$280K per year
- 15+ years
Lead and oversee the execution of the quarterly reserving process, manage the US Reserving team, and provide recommendations for management best estimates of reserves.
Compensation
Salary Range: $250,000 - $280,000
Responsibilities
- Lead and oversee the execution of the quarterly reserving process including initial reconciliations, ACE selections, peer review, management reporting, controls and documentation
- Present ACE recommendations to the quarterly US Reserve Committee in a way that goes beyond the numbers, effectively communicating the underlying story and findings
- Oversee the selection of actuarial assumptions including initial expected loss ratios, loss development curves, default method weights, and other key inputs
- Support legal entity and corporate reporting requirements
- Oversee performance of regularly scheduled and ad-hoc deep dive analyses on LOBs and reserving areas of focus
Requirements
- Bachelor's degree in Mathematics
- Bachelor's degree in Statistics
- Bachelor's degree in Economics
- Bachelor's degree in Actuarial Science
- Nice to have: Arius reserving software