Conduct quarterly premium & loss reserve analyses to make recommendations for quarterly financial results including IFRS 17 components of discount and risk adjustment.
Assist in the preparation of materials for quarterly reserve governance committee.
Ensure loss reserves and IFRS 17 components are appropriately reflected in the financial close.
Perform loss ratio planning & forecasting including IFRS 17 elements.
Collaborate regularly with Underwriting, Claims, Finance, and Pricing to develop insights on trends and emerging issues on the insurance portfolios.
Engage and seek alignment with Pricing colleagues on forward looking loss ratios.
Communicate reserve recommendations with financial impacts along with insights derived from reserving work to management within Actuarial, Finance, and Underwriting.

Requirements

Actuarial Analyst: Zurich Certified Insurance Apprentice, including Associate Degree and 2 or more years technical/insurance experience OR Bachelors Degree with 3.0 cumulative GPA and No prior experience required in the Actuarial area AND Successful completion of one or more actuarial exams.
Senior Actuarial Analyst: Zurich Certified Insurance Apprentice, including Associates Degree OR Bachelors Degree AND Successful completion of 5 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 2 or more years of experience in the Actuarial area OR Successful completion of 3 or more actuarial exams (applicable to FCAS designation or equivalent international certification) with 3 or more years of experience in the Actuarial area.
Commercial Property & Casualty insurance experience.
Middle Market/Multi-line experience.
History of successful, solution-oriented collaboration across actuarial and multi-functional teams.
Highly proficient with Microsoft Office Suite including Excel.
Experience with SQL, R, and VBA.
Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.
Knowledge of Actuarial Technique and Standards.

Benefits

Applicant Tracking System Keywords

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

Hard Skills & Tools

loss reserve analysisIFRS 17loss ratio planningforecastingactuarial techniquesdata analysisSQLRVBA

Soft Skills

collaborationcommunicationindependent judgmentcritical decision makingsolution-oriented

Certifications

Zurich Certified Insurance ApprenticeFCAS designation