Actuarial Associate - Reserving
Core Specialty · Chicago, Illinois, US
- The Core Specialty Actuarial Reserving Team is looking for an Actuarial Associate. This dynamic role will primarily be responsible for supporting first par...
Job description
The Core Specialty Actuarial Reserving Team is looking for an Actuarial Associate. This dynamic role will primarily be responsible for supporting first party and professional liability lines of business during an exciting time of growth. The role will primarily focus on evaluating reserve adequacy for the existing portfolio, developing and maintaining appropriate diagnostic tools, and providing actuarial subject matter expertise as needed to senior leadership and other business partners. Key Accountabilities/Deliverables: Perform Quarterly Reserve Reviews (and ad-hoc analysis as needed) for assigned product groups to ensure that adequate reserves are recorded and correctly reported at each quarter-end. Help ensure all regulatory requirements related to loss reserves are met in a timely fashion. Collaborate with Pricing, Claim, and Underwriting on periodic deep dive reviews on select reserve segments. Aid in the development and delivery of analysis findings to senior leadership and business partners such that key drivers of results are understood, and appropriate business decision are made based on those findings. Help ensure that the company’s reserving SOX controls are appropriate...