Support the annual capital attribution process for all P&C lines
Update key capital parameters to accurately attribute capital across P&C lines and sublines
Partner with Business Actuaries to evaluate these parameters
Partner with ERM on the Economic Capital model, providing them with regular parameter updates and incorporating their results into the capital attribution process
Communicate results to Line of Business Actuaries and other stakeholders
Contribute to RPM’s reporting function, which provides Actuarial and senior leadership with updated capital-based views of actual and expected underwriting performance
Produce quarterly and annual P&C reports on capital-based views of underwriting performance, such as sensitivity analysis for planning metrics and Booked ROE Report for the C-suite to support earnings prep
Maintain and enhance models used for capital attribution and ROE
Provide technical support to business partners using these models
Participate in process improvement and automation initiatives
Collaborate on RPM’s innovation efforts, including streamlining processes and enhancing capabilities
Support team efforts to leverage our recently modernized suite of models
Improve our reporting framework, including automating processes and adding new capabilities
Provide analytical support and respond to ad hoc requests
Develop deep understanding of capital concepts and apply them to business needs.

Requirements

5+ years of experience in the insurance industry with expertise in actuarial, financial/statistical modeling and analytics
ACAS/ASA (or equivalent experience) preferred or min 6-7 actuarial exams
Candidates with actuarial experience not pursuing exams will also be considered
Strong technical/analytical skills, including advanced subject matter expertise in MS Excel and empirical model building
Experience with R/Python is a plus
Familiarity with capital modeling concepts is a plus
Working knowledge of corporate finance, financial management, and economics is a plus
Effective oral and written communications skills
Teamwork skills, including the ability to effectively collaborate with individuals across various teams
Innovative and results-oriented mindset
Demonstrates pace and pride of ownership of work products.

Benefits

Bonuses
Stock options
Short-term or annual bonuses
Long-term incentives
On-the-spot recognition

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

actuarial modelingfinancial modelingstatistical modelinganalyticscapital attributionsensitivity analysisempirical model buildingcapital modeling conceptscorporate financefinancial management

Soft Skills

effective communicationteamworkcollaborationinnovative mindsetresults-orientedanalytical skillsownership of work products

Certifications

ACASASA