WestCongress Insurance Services LLC · 1 day ago
Vice President- Actuary
Manchester, NH 03101
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expWestCongress Insurance Services LLC is seeking a Vice President- Actuary to oversee actuarial departments and lead teams in delivering key financial insights. This role involves managing risk, developing pricing models, and ensuring compliance with regulatory standards.
Financial ServicesInsuranceRisk Management
Responsibilities
Oversee all actuarial departments and supervise actuarial teams to ensure efficient and timely execution of daily, monthly, and annual deliverables
Lead, mentor, and develop actuarial staff, fostering a culture of analytical excellence and accountability
Establish and maintain best practices for actuarial operations and reporting processes
Identify, evaluate, and manage financial risk exposures related to accidents, illnesses, liabilities, and market fluctuations
Collaborate with executive leadership to develop strategies for maintaining profitability and capital adequacy under various risk scenarios
Serve as a key member of the executive team, contributing to corporate strategy and long-term financial planning
Align actuarial strategies and insights with business objectives, supporting organizational growth and sustainability
Provide executive-level insight into emerging market trends, risk exposures, and financial projections
Develop and validate pricing models for insurance products to ensure competitiveness and profitability
Partner with product development and underwriting teams to design innovative insurance solutions aligned with customer needs and market trends
Monitor portfolio performance and adjust assumptions or models as needed to meet financial targets
Ensure all actuarial methodologies, models, and assumptions comply with applicable laws, regulations, and industry standards
Maintain transparency and integrity in actuarial reporting to internal and external stakeholders, including auditors and regulators
Oversee the preparation and submission of actuarial statements and certifications required by regulatory agencies
Oversee actuarial input into financial statements and ensure the accuracy of reserves, loss ratios, and related projections
Collaborate with finance, underwriting, and investment departments to provide comprehensive financial analysis
Support executive and board-level reporting with data-driven insights into financial performance and risk exposure
Qualification
Required
Bachelor's degree in mathematics, Actuarial Science, Statistics, Finance, or a related analytical discipline
Minimum 10+ years of progressive actuarial experience in a Fortune 100 company or equivalent large-scale enterprise
Minimum U.S. actuarial qualifications such as Fellow of the Casualty Actuarial Society (FCAS) or equivalent designation (FSA, MAAA)
Advanced proficiency in actuarial software, statistical modeling tools, data analytics platforms, and Microsoft Office Suite
Proven record of leading actuarial teams, managing large-scale projects, and influencing executive decision-making
Strong strategic and financial insight with the ability to balance profitability, growth, and regulatory obligations
Exceptional verbal and written communication skills with the ability to convey complex technical concepts to non-technical stakeholders
Preferred
Master's degree
Company
WestCongress Insurance Services LLC
West Congress Insurance Services LLC (WestCongress) is a premier provider of general liability and excess insurance solutions.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase