Acumen Group · 1 day ago
Reserving Actuary
New York, NY
Full-time
Hybrid
Senior Level
5+ years expAcumen Group is partnering with a technology-driven homeowners insurance company looking to bring on a Reserving Actuary to their team. The role involves supporting the development of loss reserving models and collaborating with various departments to ensure accurate financial reporting and reserve adequacy.
Financial ServicesOutsourcingRecruiting
Hiring Manager
McKenna Cieslak
Responsibilities
Support the development, maintenance, and enhancement of property & casualty loss reserving models, including analysis of ultimate losses and loss adjustment expenses across program partners
Collaborate cross-functionally with Pricing, Underwriting, Reinsurance, Finance, and Claims to communicate reserve metrics, loss ratio performance, emerging issues, and industry trends
Contribute to monthly, quarterly, and annual financial reporting for both GAAP and STAT entities, ensuring reserve adequacy, strong controls, and clear documentation
Perform detailed and forensic data analysis to validate claims data quality, reconcile data sources, structure custom reserve reviews, and improve reserving tools and processes
Drive innovation and efficiency through model building, calibration, automation, and process improvements, while supporting reviews of new and existing insurance programs
Qualification
Required
5+ years of actuarial experience in P&C loss reserving
ACAS credentials
SQL
Excel
Python
Company
Acumen Group
Acumen Group offers financial outsourcing services and recruitment solutions.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase