Reserving Actuary Manager

Actuarial Reserving Manager
Are you an actuary looking to increase your leadership skills, deepen your technical expertise, and be part of an exciting company transformation? Do you want to know that your work matters and that you are having an impact? If you want to be challenged and work alongside some really smart and fun people, we are currently seeking a Reserving Actuary Manager to join our team in Walnut Creek, CA. Our actuarial team members play an integral role in the innovation and growth of our organization and we'd like to talk to you about joining our team.

SUMMARY:
CSE's Reserving Actuary Manager will lead the actuarial reserves function through management and execution of the quarterly reserve analysis. He/she will be responsible for actuarial claims diagnostics; will develop new, and improve existing, reserving methods for personal lines auto, property and small commercial lines. Includes modeling, statistical and financial analysis, development, implementation, and management of the reserving process for accurate and useful presentation.

ESSENTIAL FUNCTIONS/PRINCIPAL RESPONSIBILITIES:
• Performs all the technical functions required in Actuarial Reserving, including but not limited to reserving process management, claims monitoring, selection of ultimate losses, financial impact, regulation and compliance, etc.
• Works closely with Finance in implementation of reserving selection for accounting and forecasting purposes.
• Generates claims metrics to influence practice of Product, Pricing, and Claims departments.
• Responsible for support of Appointed Actuary, independent consultants and auditors, actuaries employed by the parent, etc. for timely and accurate analysis.
• Leads compliance with regulatory requirements and assurance of timely submission of Statement of Actuarial Opinion, reserving policy, interaction with the Audit and Risk Committee, etc.
• Collaborates with internal stakeholders including Claims, Pricing, Product, Sales, Marketing and Underwriting on claims findings.
• Leads all aspects of reserving, including data preparation, analysis, presentation, claims monitoring, IBNR allocation, review of reserve accounting, etc.
• Communicates estimates and proposed changes clearly and succinctly. Presents results to executive stakeholders with professional visual analysis and summaries.
• Mentors junior actuarial candidates.
• Assists in strategic direction of the Actuarial Reserves unit.
• Educates company leadership on analytics usage and implementation.
• Performs other duties as assigned.

KNOWLEDGE, SKILLS, AND BEHAVIORS:
• Broad understanding of personal lines auto and home businesses including claims practice, pricing, and coverage. This includes an understanding of geographic and regulatory issues and concerns.
• Ability to perform actuarial analysis to develop reserve estimates, product feedback, claims strategies and changes.
• Data-driven decision maker, able to complete thorough research and investigation, yet make timely decisions.
• Excellent analytical and organizational skills with the ability to balance the strategic and the tactical.
• Excellent written and verbal communication skills. Ability to make presentations to all levels of management and staff using Microsoft PowerPoint or other presentation software. Balances listening and talking, speaking and writing clearly and accurately, influencing others and keeping others informed.
• Proficient with Microsoft Word, Excel, PowerPoint. Familiarity with rating and database systems (SAS, SQL). ResQ experience preferred.
• Ability to work effectively as independent contributor and to collaborate and influence in a team-based environment.
• Ability to build strong working relationships and a positive work environment.
• Achieves a standard of excellence with work processes and outcomes, honoring company policies and regulatory compliance.
• Is receptive to feedback and willing to learn, embracing continuous improvement.
• Ability to deal effectively with individuals at all levels and attain desired results.
• Must have the ability to collaborate with cross-functional team to achieve business results.
• Works well under stress and tight deadlines
• Effective communication, presentation, negotiation and persuasion skills.
• Team oriented, building strong working relationships and a positive work environment.
• Is receptive to feedback and willing to learn, embracing continuous improvement.

REQUIRED EDUCATION, WORK EXPERIENCE, LICENSES & CERTIFICATIONS:
• Bachelor's Degree required in a quantitative discipline (math, statistics, economics, etc.). Master's degree preferred.
• Must be an Fellow of the Casualty Actuarial Society.
• A minimum of 7+ years of actuarial experience within the Property & Casualty insurance industry.
• A minimum of 5+ years of reserving experience.
*Please, no outside recruiters
COMPANY BENEFITS
At CSE, we offer a competitive benefits package (to include profit sharing and 401K match) complemented by work-life balance programs to support our employees.
Who We Are
CSE Insurance Group is a multi-line provider of personal, commercial property and casualty insurance recognized for its fairness, integrity and exceptional service.
A community of good people define our company
CSE Insurance Group is a local company. Our community is your community. Being good people defines us and the agents that represent our products.
What We Do
Protect with well-made insurance, delight with exception service
Our customers deserve exceptional service and well made, high-quality insurance at a reasonable cost. They should feel positive about the protection CSE insurance provides.
How We Think
Create confidence in our customer's mind everyday
Every time we connect with you is an opportunity to express our purpose - to exemplify the integrity we demand of ourselves and our company.

Additional Information


Back to top