Role Description

The Global Risk Solutions (GRS) Capital & ERM group is seeking a highly motivated individual to join its Insurance Risk Modeling team within the Capital Modeling & Analytics group. This individual will join a group of modelers responsible for parameterizing and modeling Insurance Risk for the GRS Capital Model, legal entity capital models, and other risk models. Responsibilities include:

• Collaborate with other team members to achieve the following with the goals.
• Regularly update capital model parameters and assumptions for multiple models.
• Run the capital model and validate capital model outputs.
• Develop new solutions and improvements for statistical models and processes used to calculate these inputs.
• Implement timely and practical solutions to complex problems.
• Collaborate with model stakeholders across GRS to better understand the business and reflect that understanding in model parameters.
• Collaborate with modeling and risk management teams across the company to improve our understanding and modeling of risk.
• Communicate processes and results to stakeholders outside the team.

Qualifications

• Bachelor’s degree or higher in Mathematics, Actuarial Science, Statistics, Finance, Economics, or similar required.
• Minimum 5-7 years relevant experience required.
• Strong analytical skills with solid understanding of core casualty actuarial methods, techniques, and standards.
• Expert in MS Excel and experience coding; Experience working with Visual Basic for Applications (VBA) and Capital modeling software, R, and Python preferred.
• Experience with stochastic financial modeling and forecasting preferred.
• Experience parameterizing reserve risk and UW risk preferred.
• Comfort with solving new problems and generating ideas for improving existing processes.
• Experience communicating analysis and technical concepts.

Requirements

• Bachelor's degree required; Master’s degree preferred.
• Associateship or Fellowship in the Casualty Actuarial Society (ACAS/FCAS) or in Society of Actuaries (ASA/FSA) designation preferred or comparable education/designation with relevant experience.
• Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Advanced communication and interpersonal skills and ability to build relationships and interact effectively with others within and outside the organization.
• Ability to motivate and mentor peers and motivate and train subordinates.
• Advanced computing skills (MS Office Excel, SAS, etc.) with ability to build complex models.

Benefits

• Comprehensive benefits.
• Workplace flexibility.
• Professional development opportunities.
• Opportunities provided through Employee Resource Groups.