Horace Mann

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Actuarial Consultant

ActuaryActuaryFull TimeRemoteTeam 1,001-5,000Since 1945H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

24 days ago

Salary

$105.2K - $148.0K / year

Bachelor Degree4 yrs expEnglishPythonSQLVBA

Job Description

• Analyze loss development, claim trends, severity inflation, and mix of business impacts. • Identify drivers of reserve changes and loss emergence and communicate findings for management review. • Support quarterly and annual reserve studies using standard actuarial techniques (e.g., chain ladder, Bornhuetter-Ferguson, frequency/severity methods). • Monitor actual vs. expected loss emergence and identify key drivers of deviations. • Support the selection of actuarial assumptions with increasing judgment and documentation. • Provide insight to business partners and executive leadership around trends as part of the annual planning process and quarterly assessments of the business. • Assist in the analysis, placement and ongoing management of reinsurance treaties and facultative arrangements. • Assist with reinsurance renewals, modeling support and exposure analysis. • Compile data for our reinsurance submission for reinsurance placement. • Work with our business partners and our brokers in analyzing and monitoring exposure concentrations and opportunities. • Assist in the implementation of business solutions using modeling data. • Provide support of claims reporting to our reinsurers for placement. • Provide support for the proper accounting and financial reporting of reinsurance. • Provide support of modeling information for RBC, Capital management, Rating agency reporting, ORSA and others as needed. • Assist with reserve-related inputs for financial statements, statutory filings, and regulatory reporting. • Support audit requests by preparing exhibits, reconciliations, and explanations. • Ensure compliance with actuarial standards of practice (ASOPs). • Partner with claims, finance, underwriting, and data teams to understand emerging trends and operational impacts. • Support responses to management and stakeholder questions regarding reserve changes. • Assist in improving reserving tools, models, and automation processes. • Contribute to documentation and best practices for reserving analyses. • Support ad-hoc analytical projects as needed.

Job Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Minimum of 4-7 years of actuarial experience in Property & Casualty insurance Reserving or personal lines pricing experience preferred.
  • ACAS or near ACAS with commitment to achieving designation is required.
  • Strong proficiency in Excel; experience with VBA, SQL, R, Python, or actuarial software (e.g., ResQ, Arius, or similar) is a plus.

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