How would you like to enhance your actuarial skills while working in a collaborative, innovative, and growing insurance environment? ReAlign Insurance Holdings, a niche group of property and casualty carriers, is looking for an actuary to help support growth, development, and management of our business through analytics, creative solutioning, and expansive business partnerships.
We are looking for someone with Property and Casualty reserving experience who possesses financial acumen and insurance knowledge to develop, implement, and improve actuarial methods towards performing reserve reviews and assessing profitability. In this role you will have the ability to drive change as you work with existing tools and build new tools to analyze risk, measure cashflow and support results for various programs and business segments.
We are focusing on candidates who have demonstrated success in passing exams, with the intent on pursuing a professional designation in the Casualty Actuarial Society (CAS), but we will give equal consideration to candidates with reserving experience that offsets the exam process.
The official role and title will depend on the individual candidate’s experience and qualifications.
About ReAlign
ReAlign Insurance Holdings, Inc. (RIH) is an insurance holding company with both admitted and non-admitted Carriers which are AM Best A rated. We are broadly licensed to provide our Program Administrators (PA) and reinsurance partners with access to one of the most comprehensive program platforms in the market. This provides us with the flexibility to conduct and write program business across the United States with a strong emphasis on profitability for best-in-class PAs in the specialty insurance market. Our vision is to be the leading primary underwriter of PA managed specialty insurance programs in the U.S. The leadership and management teams at RIH have a robust knowledge and network within the marketplace with over 250+ years of combined industry experience.
Reserving:
- Perform quarterly reserve reviews
- Enhance methodology utilizing tools and methods that improve efficiency and accuracy of IBNR
- Produce reports and communicate results to senior leadership
- Work collaboratively across departments within the organization and with our external partners
Data Reporting & Business Intelligence:
- Produce routine reports on company performance
- Think creatively about requests and provide feedback on observations of results
- Participate in the buildout and enhancement of data to be used in information modeling
- Assist in the development and review of financial analytics, company initiatives and dashboards
- Support the analysis of quarterly financial results
Background, Education and Experience Requirements:
- In addition to being a critical and analytical thinker, we are seeking someone who possess strong professional communication skills, both oral and written, someone who is motivated to learn our business, and someone who is inquisitive enough to find ways of making it better
- Bachelor’s degree is a minimum, with a preference towards a concentration in an analytical field such as Actuarial Science, Risk Management, Mathematics, Statistics and Finance
- Prior work experience in Property/Casualty Insurance actuarial pricing, or related work
- Preference is given to those who have achieved or are actively pursuing a CAS designation through coursework and examinations, with a proven track record for passing exams
- For candidates not taking actuarial exams, consideration will be given to anyone with relevant work experience with demonstrated results
- Reimbursement for successful completion of courses related to obtaining insurance
Skills:
- Advanced skills in mathematical calculations and critical thinking
- Excellent verbal and written communication skills
- Microsoft Excel, Word and Power Point are a must, with an eagerness to learn programming languages such as Python, SQL and R
- Goal oriented and organized with attention to detail
Company Benefits:
- We offer competitive salary in line with the level of experience
- Benefits include Medical, Dental, Vision and 401-k Retirement Savings Plan
- Attractive company holiday schedule along with vacation and sick leave
- Candidates requiring visa sponsorship (currently or in the future) will not be considered for this role at this time.
