Actuarial Manager

Job Summary:

We are seeking an experienced and highly skilled Actuarial Manager to join our team. As a key member of the actuarial department, you will leverage your expertise in pricing, forecasting, and risk management to provide valuable insights and support the strategic decision-making process. The ideal candidate will hold an FCAS (Fellow of the Casualty Actuarial Society) or ACAS (Associate of the Casualty Actuarial Society) designation and have a proven track record of success in an actuarial role.

Key Responsibilities:

• Leadership & Team Management:
  Lead and mentor a team of actuarial analysts and junior actuaries. Provide coaching and development opportunities to foster technical skills and career growth.
• Loss Reserving:
  Supervise and contribute to the development of loss reserves. Apply actuarial methods to estimate ultimate losses and ensure proper reserve adequacy for the company's liabilities.
• Data Analysis & Modeling:
  Analyze large datasets to identify trends, develop predictive models, and derive actionable insights. Work closely with data science and analytics teams to enhance the sophistication of actuarial models.
• Financial Reporting & Forecasting:
  Prepare detailed actuarial reports for internal and external stakeholders, including senior management, regulators, and auditors. Ensure accurate and timely delivery of financial forecasts and other key actuarial deliverables.
• Regulatory Compliance & Governance:
  Ensure compliance with relevant actuarial standards, regulatory requirements, and internal policies. Stay current on industry trends, emerging risks, and actuarial practices.
• Collaboration & Stakeholder Communication:
  Partner with underwriters, product development teams, and senior management to provide actuarial insights on pricing strategies, product design, and business planning.
• Process Improvement:
  Drive continuous improvement of actuarial processes, including automation, efficiency, and accuracy of pricing, reserving, and reporting systems.

Required Qualifications:

• Educational Requirements:
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Professional Designation:
• FCAS (Fellow of the Casualty Actuarial Society) or ACAS (Associate of the Casualty Actuarial Society).
• Experience:
• 5+ years of experience in actuarial roles within the insurance industry, with at least 2 years in a managerial or leadership position.
• Extensive experience with loss reserving, and risk management.
• Technical Skills:
• Proficiency in statistical modeling, data analysis, and forecasting techniques.
• Strong Excel and database skills. Familiarity with actuarial software such as AXIS, Prophet, or similar platforms.
• Analytical & Problem-Solving Skills:
• Strong ability to analyze complex data, identify trends, and make data-driven decisions.
• Demonstrated ability to translate actuarial findings into actionable business recommendations.
• Leadership & Communication:
• Strong leadership, mentoring, and team-building abilities.
• Excellent written and verbal communication skills with the ability to present complex actuarial concepts to non-technical stakeholders.