Principal, Corporate Actuarial

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

📋 Description

• Develop, enhance, and utilize internal capital models to guide risk appetite, reinsurance decisions, and financial strategies.

• Contribute to the development of stress testing, ORSA scenarios, and economic capital modeling.

• Assist in the implementation and refinement of ERM frameworks, risk registers, and associated processes.

• Analyze and support the evaluation and placement of quota share, excess of loss, and catastrophe reinsurance structures.

• Collaborate with brokers and internal teams to assess the financial impact and capital advantages of reinsurance options.

• Model the effects of reinsurance on earnings volatility, surplus preservation, and RBC.

• Conduct monthly reserving analyses and processes.

• Analyze trends, variances, and reserve adequacy across various lines of business and coverages.

• Assist with regulatory filings and provide support to the appointed actuary.

• Work collaboratively with Data Science, Finance, Accounting, Underwriting, and Claims teams.

• Present technical findings to both technical and non-technical audiences.

• Contribute to the automation of processes, analytics, and the development of actuarial tools using R, Python, SQL, GenAI, and internal platforms.

⛳️ Requirements

• Bachelor's degree in actuarial science, mathematics, statistics, or a related field with a strong mathematics foundation is preferred.

• ACAS or FCAS designation.

• Over 6 years of actuarial experience in the P&C insurance sector.

• Preferred exposure to capital modeling, ERM, reinsurance, and/or reserving.

• Proficiency in R or Python, SQL, and GenAI tools.

• Familiarity with capital modeling tools; custom modeling experience is an advantage.

• Experience in collaborating across different functional areas and effectively communicating actuarial insights.

• Strong analytical capabilities and meticulous attention to detail.

• Willingness to mentor junior team members and/or manage direct reports when necessary.

• Must be on camera for virtual interviews.

🏝️ Benefits

• Eligible for a competitive bonus.

• Equity offering available.

• Flexibility to work from any location across the US.

• Occasional travel for team meetings, broker discussions, or industry events.

• Reasonable accommodations provided during the hiring process for qualified applicants with disabilities.