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Consulting - P&C Actuary - Regulatory Insurance
Farmington, CT
Business Consulting/Technology
Job Description
Req ID: req35207
Consulting - P&C Actuary - Regulatory Insurance Summary:
Actuary - Property & Casualty
Risk & Regulatory Consulting, LLC
Work from home-any US location
Position Overview
As an Actuarial Consultant you will work with a team of industry professionals on regulatory consulting and other insurance related engagements. This position has opportunity for advancement as well as personal and professional growth.
Specific Duties and Responsibilities
(Responsibilities may vary slightly depending on seniority level)
Serve as part of the actuarial subject matter expert team on client engagements including; identify and assess significant reserving, pricing/underwriting, and reinsurance risks that could impact property/casualty insurer's financial strength as part of risk-focused financial examinations; review rate filings that rely on complex models to assess reasonableness of modeling approach and compliance with regulatory requirements, assist audit teams with assessing the reasonableness of financial statement accruals, prepare original actuarial analysis, review and assess the analysis of other actuaries, coordinate internal resources, advise project team on potential solutions and strategies to meet project goals and client needs, document observations and conclusions, communicate effectively with clients and cross-functional project teams, adhere to project budget and timelines.
Business development; assist actuarial team in developing new business opportunities through team selling efforts as well as by supporting team sales initiatives, cultivate and nurture client relationships to create awareness of Firm capabilities to help generate incremental business, assist in formulating proposals demonstrating our value proposition and our solutions.
Depending on level, serve as career advisor, project manager, and mentor to staff.
Contribute to the intellectual capital of the practice and Firm.
Assist in recruiting efforts by helping attract and retain additional qualified Actuarial professionals.
Requirements
Risk & Regulatory Consulting, LLC (RRC) was formerly a business segment of RSM US LLP (formerly McGladrey) until 2012 when the separate legal entity was formed. RRC is a strategic business partner with RSM providing actuarial and insurance industry consulting services to RSM clients.
Risk & Regulatory Consulting, LLC (RRC) is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. With over 100 experienced insurance professionals located in 22 states, we believe RRC is uniquely positioned to serve state insurance departments. We offer services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. We are a results oriented firm committed to success that builds long term relationships with our clients.
RRC is managed by seven partners and our practice includes full time professionals dedicated to our regulatory clients. We are focused on listening to your needs and designing customized examination, consulting, and training solutions that address your needs. We bring multiple service lines together to provide superior and seamless service to our clients. We are committed to training our customers and our team. We have developed various comprehensive in house training programs that have been tailored to meet the needs of our regulatory clients. We offer competitive pricing, outstanding experience, credentials and references. RRC is an active participant in the NAIC, SOFE, and IRES.
You want your next step to be the right one. You've worked hard to get where you are today. And now you're ready to use your unique skills, talents and personality to achieve great things. RSM is a place where you are valued as an individual, mentored as a future leader, and recognized for your accomplishments and potential. Working directly with clients, key decision makers and business owners across various industries and geographies, you'll move quickly along the learning curve and our clients will benefit from your fresh perspective.
Experience RSM US. Experience the power of being understood.
RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.
Location Street Address: 20 Batterson Park Road, Suite 380, Farmington, CT 06032 USA
Region: National
Position Type: Experienced
Job Type: Full Time
Degree Required: Bachelor
Travel Required: No
Sponsor candidates who are not eligible to work in US: No
Requisition ID: req35207 ]
Apply NowFarmington, CT
Business Consulting/Technology
Job Description
Req ID: req35207
Consulting - P&C Actuary - Regulatory Insurance Summary:
Actuary - Property & Casualty
Risk & Regulatory Consulting, LLC
Work from home-any US location
Position Overview
As an Actuarial Consultant you will work with a team of industry professionals on regulatory consulting and other insurance related engagements. This position has opportunity for advancement as well as personal and professional growth.
Specific Duties and Responsibilities
(Responsibilities may vary slightly depending on seniority level)
Serve as part of the actuarial subject matter expert team on client engagements including; identify and assess significant reserving, pricing/underwriting, and reinsurance risks that could impact property/casualty insurer's financial strength as part of risk-focused financial examinations; review rate filings that rely on complex models to assess reasonableness of modeling approach and compliance with regulatory requirements, assist audit teams with assessing the reasonableness of financial statement accruals, prepare original actuarial analysis, review and assess the analysis of other actuaries, coordinate internal resources, advise project team on potential solutions and strategies to meet project goals and client needs, document observations and conclusions, communicate effectively with clients and cross-functional project teams, adhere to project budget and timelines.
Business development; assist actuarial team in developing new business opportunities through team selling efforts as well as by supporting team sales initiatives, cultivate and nurture client relationships to create awareness of Firm capabilities to help generate incremental business, assist in formulating proposals demonstrating our value proposition and our solutions.
Depending on level, serve as career advisor, project manager, and mentor to staff.
Contribute to the intellectual capital of the practice and Firm.
Assist in recruiting efforts by helping attract and retain additional qualified Actuarial professionals.
Requirements
- Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics
- Minimum of 5+ years professional experience in a Property and Casualty insurance company, financial services
- or consulting firm
- Knowledge of reserving, pricing, ratemaking, and/or risk management
- Experience working in public accounting, Big 4 or consulting firm with regulatory consulting and/or audit support experience is preferred
- ACAS, FCAS, MAAA, designations preferred
- Experience with personal lines, commercial lines, and reinsurance preferred
- An understanding of insurance rates and regulatory requirements for supporting reserve levels
- Experience in predictive modeling using Python or R is a plus
- Demonstrated problem solving skills
- PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in TeamMate, Access, Visual Basic, MS Excel and other applications)
- Ability to interact with all levels including executives and senior managers
- Strong interpersonal, presentation, analytical and statistical sampling skills
- Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments
- Exceptional written and verbal communication skill
- Dynamic/flexible demeanor with exceptional client service skills
- Forward-thinking leader with a collaborative focus who can consult effectively with key constituents and become recognized as a valued resource
- Must be self-motivated and possess a sense of urgency
- Skilled in team building and team development
- Ability to travel on occasion
- Ability to demonstrate ethical and professional standards as outlined by the Firm
Risk & Regulatory Consulting, LLC (RRC) was formerly a business segment of RSM US LLP (formerly McGladrey) until 2012 when the separate legal entity was formed. RRC is a strategic business partner with RSM providing actuarial and insurance industry consulting services to RSM clients.
Risk & Regulatory Consulting, LLC (RRC) is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. With over 100 experienced insurance professionals located in 22 states, we believe RRC is uniquely positioned to serve state insurance departments. We offer services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. We are a results oriented firm committed to success that builds long term relationships with our clients.
RRC is managed by seven partners and our practice includes full time professionals dedicated to our regulatory clients. We are focused on listening to your needs and designing customized examination, consulting, and training solutions that address your needs. We bring multiple service lines together to provide superior and seamless service to our clients. We are committed to training our customers and our team. We have developed various comprehensive in house training programs that have been tailored to meet the needs of our regulatory clients. We offer competitive pricing, outstanding experience, credentials and references. RRC is an active participant in the NAIC, SOFE, and IRES.
You want your next step to be the right one. You've worked hard to get where you are today. And now you're ready to use your unique skills, talents and personality to achieve great things. RSM is a place where you are valued as an individual, mentored as a future leader, and recognized for your accomplishments and potential. Working directly with clients, key decision makers and business owners across various industries and geographies, you'll move quickly along the learning curve and our clients will benefit from your fresh perspective.
Experience RSM US. Experience the power of being understood.
RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.
Location Street Address: 20 Batterson Park Road, Suite 380, Farmington, CT 06032 USA
Region: National
Position Type: Experienced
Job Type: Full Time
Degree Required: Bachelor
Travel Required: No
Sponsor candidates who are not eligible to work in US: No
Requisition ID: req35207
Working at
RSM US
RSM US is a leading professional services firm that offers a wide range of audit, tax, and consulting services. With a strong presence in the United States and a global network spanning over 120 countries, RSM US provides comprehensive solutions to clients across various industries. As an actuary at RSM US, you'll be part of a highly skilled team that plays a critical role in evaluating and managing risks for clients. Actuaries at RSM US apply their expertise in statistical analysis, modeling, and forecasting to help clients make informed financial decisions, assess insurance liabilities, and develop risk management strategies. RSM US offers actuaries a dynamic and collaborative work environment, where they can work closely with clients and industry professionals. Actuaries at RSM US have the opportunity to work on diverse projects, gain exposure to different sectors, and contribute to the success of client organizations. Professional growth is a top priority at RSM US, and actuaries have access to ongoing training and development opportunities. Actuaries can enhance their skills, stay abreast of industry trends, and expand their knowledge base. Join RSM US' esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, work with prestigious clients, and enjoy competitive benefits in a supportive and inclusive work environment.