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VP, Head of Actuarial Reserving
The Muse
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VP, Head of Actuarial Reserving
Boston, Illinois, United States of America
Full Time
6 hours ago
$245,000 - $275,000 USD
No Visa Sponsorship
Apply Now
Key skills
Python
SQL
Analytics
Leadership
Communication
About this role
Role Overview
Lead the quarterly and annual reserve review process across all lines of business.
Develop and maintain actuarial methodologies appropriate to the company’s risk profile.
Quantify reserve variability and establish ranges; communicate uncertainty and key drivers to senior leadership.
Partner with Finance on monthly financial close.
Serve as the Appointed Actuary, issuing Statements of Actuarial Opinion and Actuarial Reports in accordance with NAIC requirements.
Ensure compliance with all applicable actuarial standards of practice and regulatory expectations.
Provide independent assessment of reserve adequacy and documentation supporting actuarial judgments.
Interface with regulators on reserving matters, including exams and inquiries.
Establish and maintain a robust reserving governance framework, including model validation, documentation, and internal controls.
Lead reserve committee; present reserve recommendations to executive leadership and the Board/Audit Committee.
Oversee audit support (internal/external), ensuring transparency and defensibility of methodologies and assumptions.
Deliver insights on loss trends, claims emergence, rate adequacy, and underwriting performance.
Monitor emerging risks and incorporate into reserve views.
Advance use of data, analytics, and automation to improve timeliness, accuracy, and explainability.
Build, lead, and develop a high-performing actuarial reserving team.
Foster a culture of rigor, accountability, and continuous improvement.
Collaborate cross-functionally to align actuarial perspectives with enterprise objectives.
Requirements
Fellow of the Casualty Actuarial Society who meets qualifications to provide actuarial opinions as the Appointed Actuary
12+ years of progressively more responsible experience, including leadership experience
Experience in personal lines reserving, high net worth experience is a plus
IFRS 17 reporting knowledge required
Proven ability to manage, develop, and coach a team
Demonstrated ability to influence senior management on matters of significant importance
Excellent analytical, quantitative and problem-solving skills with strong attention to detail
Strong organizational and communication skills
Proficiency with ResQ, Python, and SQL preferred
Tech Stack
Python
SQL
Benefits
Opportunities to stretch and grow: your professional and personal development matters to us.
Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.
Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy.
A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual.
Apply Now
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VP, Head of Actuarial Reserving at The Muse | JobVerse