P&C Actuary

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Actuary - Property & Casualty

Risk & Regulatory Consulting, LLC 

Work from home-any US location

Position Overview

As an Actuarial Consultant you will work with a team of industry professionals on regulatory consulting and other insurance related engagements. This position has opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

(Responsibilities may vary slightly depending on seniority level)

Serve as part of the actuarial subject matter expert team on client engagements including; identify and assess significant reserving, pricing/underwriting, and reinsurance risks that could impact property/casualty insurer’s financial strength as part of risk-focused financial examinations; review rate filings that rely on complex models to assess reasonableness of modeling approach and compliance with regulatory requirements, assist audit teams with assessing the reasonableness of financial statement accruals, prepare original actuarial analysis, review and assess the analysis of other actuaries, coordinate internal resources, advise project team on potential solutions and strategies to meet project goals and client needs, document observations and conclusions, communicate effectively with clients and cross-functional project teams, adhere to project budget and timelines.

Depending on level, may serve as career advisor, project manager, and mentor to staff.

Contribute to the intellectual capital of the practice and Firm. 

Requirements

• Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics
• Minimum of 7+ years professional experience in a Property and Casualty insurance company, financial services
• or consulting firm
• Knowledge of reserving, pricing, ratemaking, and/or risk management
• Experience working in public accounting, Big 4 or consulting firm with regulatory consulting and/or audit support experience is preferred
• ACAS, FCAS, MAAA, designations preferred
• Experience with personal lines, commercial lines, and reinsurance preferred
• An understanding of insurance rates and regulatory requirements for supporting reserve levels
• Experience in predictive modeling using Python or R is a plus
• Demonstrated problem solving skills
• PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in TeamMate, Access, Visual …