Actuarial Director, Commercial Reserving

JOB DESCRIPTION

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines :

• Directs the work activities and has full management responsibility for the performance, coaching and development of a team.
• Provides business partners and functional subject matter experts actuarial guidance and business insights related to profitability.
• Builds strong relationships with direct reports, peers, business partners and leaders across multiple functions in order to ensure optimal implementation of business strategies aligned with actuarial insights and analytics.
• Collaborates with and influences senior leadership in the development and implementation of reserving strategy for Auto Liability, General Liability and Umbrella.

Drives innovation in products through thought leadership.

• Participates with senior leadership in the development and implementation of actuarial policies, business strategies and goals, regularly evaluating performance against goals, and holding self and team accountable for achieving desired results.
• Oversees the production of highly technical actuarial analyses and reports to communicate to other analytical staff and to senior management.
• Stays up to date in actuarial expertise, state / territory regulations and industry trends and development in order to lead decisions related to line of business.
• Ensures team is maintaining clear documentation of methods.

May perform additional duties as assigned.

Reporting Relationship

AVP or above

Skills, Knowledge & Abilities

• Senior level knowledge of actuarial principles, practices and procedures and industry issues as they relate to the organization.
• Ability to effectively lead, coach and develop an actuarial group.
• Ability to achieve results by taking a proactive long-term view of business goals and objectives.
• Experience influencing business partners at various levels.
• Excellent analytical, critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.
• Proven ability to exercise professional judgment, manages available resources and assume responsibility for decisions which have impact.
• Ability to creatively and effectively manage through ambiguous and challenging problems, takes appropriate levels of risk and leads through change.

Education & Experience

• Bachelor’s Degree in a relevant discipline or equivalent.
• Typically a minimum of ten years of related work experience.
• Typically has attained Fellowship accreditation (FCAS).
30+ days ago