P&C Actuary

at RSM US LLP in ChicagoChicago, Illinois, United States

Job Description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

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 ofthe 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.
Depending on level, may serve as career advisor, project manager, and mentor to staff.
Contribute to the intellectual capital of the practice and Firm.
Requirements
Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics
Minimum of 7+ 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... For full info follow application link.

RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.