Director, Actuarial Services
- Compensation
- Not disclosed
- Location
- Remote (US)
- Work setup
- Remote
- Seniority
- Not specified
- Employment
- Not specified
- Experience
- 3+ years
- Category
- Not specified
- Posted
Skills
Must have
- FCAS designation from the Casualty Actuarial Society
- A minimum of 10 years of actuarial experience in the areas of pricing and predictive modeling, including a minimum of 5 years of experience as a strategic leader and manager of an actuarial department
- Experience in loss reserving is preferred
- Strong knowledge of personal lines and/or commercial lines property and casualty products
- High degree of executive presence and business acumen
- Superior analytical, research and problem-solving skills
- Demonstrated ability to work with smaller volumes of data and to properly interpret that data and financial results when it has low credibility
- A detail-oriented mindset and an ability to recognize when something doesn’t look right, and a willingness to dive deeper to determine root causes
- Demonstrated initiative, autonomy and commitment to process improvements and efficiency
- Bachelor’s degree in Actuarial Science, Mathematics or related field
Full description
Please note, employment offered to residents in the following states only: Connecticut, Delaware, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont.
At Preferred, we understand the importance of holistic health. To meet the diverse needs of our employees, we offer a comprehensive set of benefits:
Financial
- Short-term disability, long-term disability, and life insurance coverage are provided at no cost
- Optional benefits include enhanced life insurance and critical illness plans
- 401k plan with an employer contribution that you will receive regardless of your own contribution to the plan
- A cash-balance pension plan
- Student Loan Repayment Assistance
- A short-term incentive plan for all employees
Social
- Generous paid time off, offering of 25 days at hire (prorated based on start date for the first year)
- 7 days of paid sick leave
- 10 paid company holidays
- Personalized paid time off after 3 years!
Emotional
- Access to 26 sessions with a BetterHelp therapist each year for you and up to 5 dependents, as well as access to all of BetterHelp’s group and digital resources
- Access to Family First, a team of care experts who can provide you and your loved ones 1:1 assistance with a variety of caregiving solutions, from elder care to legal and financial challenges, insurance and Medicare navigation, and more!
Physical
- Medical, dental, and vision coverage options begin on the first day of employment
- Health Savings Accounts (with a generous employer contribution!)
YOUR PURPOSE AND FUNCTION IN OUR COMPANY:
The Director of Actuarial Services position is a broad-based P&C actuarial position that will be responsible for the application of actuarial principles in the areas of pricing, reserving, predictive modeling, strategic planning, reinsurance, and financial planning. This is a leadership role that will be responsible for utilizing actuarial skills and perspectives to help the organization succeed in meeting its strategic plan and financial goals. The role will be responsible for providing strong thought leadership, help develop corporate strategy, and provide key insights on organizational performance. The position will manage the activities of the Actuarial Services department and will have strong interactions with all other insurance operations including Data and Analytics, Underwriting, Claims, Product, and Finance.
The key functions will include: