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Actuary - Reserving

Actuary - Reserving

Producers National CorporationChicago, IL, US
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Job Description

We are currently seeking a Reserving Actuary to join our team. Joining PNC is an excellent opportunity to enhance your skills and further your career with a growing and successful organization. The role would offer opportunities within a small team to broaden your skills in other areas.

Responsibilities :

  • Management of the quarterly reserve analysis, by understanding the programs to make informed selections
  • Management of the quarterly reserving data preparation and reconciliation
  • Working with the Chief Actuary and experienced team members to set company reserving best estimates
  • Collaborate with underwriting, finance, and risk teams, ensuring reserving results are communicated clearly to stakeholders
  • Work with claims to assess Case Reserve adequacy with an annual implemented update of initial case reserves
  • Provide insights on program performance, emerging trends, and risks
  • Work to support the actuarial team on day-to-day tasks such as Pricing indications, ad hoc requests and data support
  • Work closely with the product, claims and underwriting teams to help support program decisions

Ideal candidates would include, but not limited to :

  • An individual who is seeking to further their career by growing into this role
  • An individual with tremendous attention to detail, comfortable working in a fast-paced, multi-tasking environment
  • In-depth reserving experience and knowledge of actuarial methods
  • Experience of applying judgement to reserve analyses
  • Team player who works diligently towards the goals of the organization

    • Qualifications :

  • Minimum Level : ACAS or above
  • Bachelor’s Degree in Mathematics, Statistics, Actuarial Science or related discipline
  • Minimum 5 years of actuarial experience
  • Experience of WTW ResQ reserving software
  • Proficient in the use of MS Office and SQL
  • Ability to answer qualitative questions quantitatively
  • Excellent interpersonal and communications skills; ability to communicate complex and challenging topics to colleagues and stakeholders in simple, easy-to-understand language
  • Strong leadership, time management, and organizational skills
  • Strong analytical, creative problem-solving, and research skills
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    Actuary • Chicago, IL, US

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