Description:
- Oversees the preparation and analysis of data and assumptions used in the actuarial reserving process (e.g., exposures, premium and rate change data, claims and claim counts).
- Formulates appropriate recommendations after analyzing and interpreting work produced by actuarial analysts to improve the performance of products and services.
- Manages the evaluation, development and coaching of team members to achieve FA's strategic objectives.
- Manages the team's activities by organizing and planning the team schedule and project plans.
- Leads the continuous improvement of the valuation models and methodologies to provide better estimates of claims, faster.
- Communicates actionable insights from the valuation analysis to stakeholders such as FP&A, claims, underwriting, finance, and other key FA stakeholders.
- Creates and maintains documentation and risk controls throughout the valuation process.
- Gives presentations to member committees, internal stakeholders, regulatory and industry presentations on FA's claim development and valuation analysis.
- Acts as a representative of the valuation team in various working groups/committees and acts as a point of contact with other business units.
- Perform other department duties as required.
Experience and Qualifications:
- University or college degree in actuarial science, mathematics, finance, statistics, or a related field.
- ACAS or FCAS designation.
- 5+ years of experience in Property & Casualty insurance (preferably Canadian) related to reserving, valuation, pricing, finance and/or capital modeling.
- Strong skills and knowledge of actuarial techniques.
- Strong knowledge of Microsoft Office software (Excel, Access, Word, PowerPoint), Tableau or similar business intelligence tools, and at least one programming language (SQL, SAS, VBA, Python, R, etc.).
- Excellent written and verbal communication skills with the ability to present complex technical information in a clear and concise manner to a variety of audiences (peers, direct reports, executive management, and external stakeholders), build consensus to ensure priorities are understood.
- Excellent interpersonal skills with the ability to work successfully within cross-functional teams.
- Demonstrated ability to lead others with in accordance with the organization's vision and values and fosters engagement in assigned projects and tasks.
- History of developing of strategic working relationships.
- Experience managing a team, including:
- Coaching
- Delegating responsibilities
- Developing others
- Facilitating and managing change
- Strong planning and organizational skills.