Summary: Responsible for leading actuarial ratemaking and reserving functions and providing analytical support for corporate-wide business activities and decisions.
Duties and Responsibilities:
Responsible for leading the entire ratemaking process, including rate indications, risk classification, rating plan design, and competitor analysis.
Collaborates with other functional areas to execute rate reviews and gain regulatory approval for rate filings.
Responsible for leading the entire reserving process, including estimating ultimate losses for various segments of business.
Collaborates with management to select carried reserves and populate financial schedules.
Provides actuarial thought leadership by researching and advocating for applicable and appropriate techniques, methodologies, and best practices.
Creates a high performing team of engaged employees, including coaching and giving feedback, delegating and managing workflow, and monitoring and evaluating performance.
Supports corporate operational planning by producing premium and loss projections.
Provides technical and analytical assistance to other functional areas in support of corporate goals.
Continues professional development to maintain actuarial credentials.
Other duties may be assigned.
Extensive knowledge of actuarial ratemaking techniques, especially for catastrophe-exposed personal and commercial property lines of business.
Thorough knowledge of reserving techniques and basic accounting principles.
Advanced knowledge of industry data sources and tools.
Solid history of working effectively with regulators.
Bachelor’s degree required – preferably in actuarial science, mathematics, statistics, economics, or a related field.
Associateship (ACAS) or Fellowship (FCAS) in the Casualty Actuarial Society required.
Minimum of six years of property/casualty actuarial experience, including at least three years in a managerial role.
Skills and Abilities:
Strong planning and decision-making skills.
Proven leadership skills and success managing employees.
Must have the ability to handle stressful deadlines.
Excellent communication skills, especially the ability to communicate technical information to a non-technical audience.
Demonstrated comfort building and leveraging business relationships with other functional areas.
Excellent proficiency in Microsoft Excel and Access.
The physical demands are classified as Light:
Exerting up to 20 pounds of force occasionally and/or a negligible amount of force constantly to move objects.
While performing the duties of this job, the employee is regularly required to sit; use hands; and talk or hear.
The employee is required to stand; walk safely over uneven terrain or in confined spaced; and reach with hands and arms.
Must have the ability to handle stressful deadlines
Must have sufficient vision to navigate required computer programs
The noise level in the work environment is usually moderate.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
About Centauri Specialty Insurance
Centauri Specialty Insurance offers a variety of insurance products including Homeowners, Condo, Renter, Dwelling, Fire, Specialty lines (flood, hurricane and wind). We specialize in coastal states and write coverage in Florida, Hawaii, Louisiana, Alabama, Mississippi, Oklahoma, South Carolina and Texas.