
Actuarial Consultant
Horace Mann
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $105,200 - $147,950 per year
About the role
- Analyze loss development, claim trends, severity inflation, and mix of business impacts.
- Identify drivers of reserve changes and loss emergence and communicate findings for management review.
- Support quarterly and annual reserve studies using standard actuarial techniques (e.g., chain ladder, Bornhuetter-Ferguson, frequency/severity methods).
- Monitor actual vs. expected loss emergence and identify key drivers of deviations.
- Support the selection of actuarial assumptions with increasing judgment and documentation.
- Provide insight to business partners and executive leadership around trends as part of the annual planning process and quarterly assessments of the business.
- Assist in the analysis, placement and ongoing management of reinsurance treaties and facultative arrangements.
- Assist with reinsurance renewals, modeling support and exposure analysis.
- Compile data for our reinsurance submission for reinsurance placement.
- Work with our business partners and our brokers in analyzing and monitoring exposure concentrations and opportunities.
- Assist in the implementation of business solutions using modeling data.
- Provide support of claims reporting to our reinsurers for placement.
- Provide support for the proper accounting and financial reporting of reinsurance.
- Provide support of modeling information for RBC, Capital management, Rating agency reporting, ORSA and others as needed.
- Assist with reserve-related inputs for financial statements, statutory filings, and regulatory reporting.
- Support audit requests by preparing exhibits, reconciliations, and explanations.
- Ensure compliance with actuarial standards of practice (ASOPs).
- Partner with claims, finance, underwriting, and data teams to understand emerging trends and operational impacts.
- Support responses to management and stakeholder questions regarding reserve changes.
- Assist in improving reserving tools, models, and automation processes.
- Contribute to documentation and best practices for reserving analyses.
- Support ad-hoc analytical projects as needed.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Minimum of 4-7 years of actuarial experience in Property & Casualty insurance Reserving or personal lines pricing experience preferred.
- ACAS or near ACAS with commitment to achieving designation is required.
- Strong proficiency in Excel; experience with VBA, SQL, R, Python, or actuarial software (e.g., ResQ, Arius, or similar) is a plus.
Benefits
- 11 - 50 ⚕️ Healthcare Insurance ☁️ SaaS 🤝 B2B
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
loss development analysisclaim trends analysisseverity inflation analysisreserve changes analysisactuarial techniqueschain ladderBornhuetter-Fergusonfrequency/severity methodsexposure analysisfinancial reporting
Soft Skills
communicationanalytical thinkingcollaborationproblem-solvingattention to detailjudgmentdocumentationinsight generationstakeholder managementproject support
Certifications
Bachelor’s degree in Actuarial ScienceACASnear ACAS