Director of Actuarial Services

This is a fully remote position, open to applicants in United States.

📋 Description

• Ensure the accuracy of third-party/bordereaux data prior to its use in analysis or financial reconciliation, collaborating with Underwriting, Reinsurance, Finance, and IT teams.

• Define the Expected Loss Ratio (ELR) and anticipated development trends prior to the onboarding of each program.

• Conduct quarterly comparisons of actual versus expected outcomes against initial assumptions.

• Independently assess gross, ceded, and net reserves.

• Analyze and reserve for the re-assumed tail exceeding treaty limits.

• Develop the actuarial toolkit utilizing ISO, RAA, and S&P Schedule P for loss development, trends, and prior year/current year/accident year adjustments on limited or growing program data.

• Supervise DUA pricing and evaluate actual versus expected outcomes for each program.

• Generate the quarterly program report card.

• Provide leadership and technical guidance to the Reserve Committee.

• Report directly to the Chief Risk Officer.

⛳️ Requirements

• A minimum of 10 years of actuarial experience in Property & Casualty (P&C), including reserving for both retained and ceded business.

• Direct familiarity with bordereaux-based or third-party-sourced data relating to MGA, program, or reinsurance actuarial functions.

• Experience in reserving for re-assumed/tail exposure that goes beyond treaty caps, rather than just quota-share segments.

• Associate of the Casualty Actuarial Society (ACAS) designation.

• Fellowship of the Casualty Actuarial Society (FCAS) is preferred.

• Previous experience with fronting carriers or program actuarial roles is highly desirable.

• Experience acting as or coordinating with an appointed or independent actuary is preferred.

• Must be eligible to work in the United States without the need for current or future employer-sponsored work authorization.

🏝️ Benefits

• Full remote work flexibility and an asynchronous work culture.

• Unlimited paid time off (PTO) and fully compensated sick leave.

• Comprehensive health benefits, including medical, dental, and vision coverage, alongside HSA and FSA options.

• 401(k) plan.

• Company-sponsored life insurance.

• Disability coverage.

• Equity incentive program.