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Job Summary

The position is in the Actuarial Reserving department. The employee would assist in reserving all lines of business, financial reporting, and special projects. Special projects include pattern reviews, line of business studies, retrocession submissions, and opportunities to improve processes. Frequent collaboration with underwriting, claims, legal, and finance departments would occur.

This hybrid role is to be located in the Morristown, NJ office location.

Responsibilities

• Coordinate and maintain detail loss development triangles for all lines of business
• Develop and monitor multiple loss development factors
• Analyze loss characteristics
• Solve complex problems and develop innovative approaches with minimal supervision
• Build and refurbish tools and models to streamline business processes and workflows
• Direct and complete large projects, utilizing resources from multiple disciplines
• Operate as an effective team member by supporting projects that support the broader actuarial team
• Support the centralized regulatory services group as needed for product initiatives and filings
• Preparing financial statements and reports
• Maintaining SOX control documentation

Qualifications

• 3-5 years of Actuarial experience
• At least 3 Actuarial exams preferable
• Excellent quantitative, analytical and problem-solving skills
• Strong verbal and written communication skills
• Proficiency in MS Office products
• Programming knowledge (VBA, SQL, or others) preferable
• Ability to work efficiently independently and in a group setting
• Ability to manage time effectively, prioritize tasks, and consistently meet deadlines

Compensation based on experience, exam progress and designation

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13100 Arch Reinsurance Company