AEGIS Insurance Services Inc.

Insurance

AssistantActuarialAnalyst,Reserving

$70–70k Jersey City, New Jersey, United States FULL TIME Remote Friendly
The Brief

“Assistant Actuarial Analyst, Reserving at AEGIS Insurance Services Inc.. Skills: Reserving, Actuarial modeling, Data analysis. Support the development, maintenance, and enhancement of models. Collaborate cross-functionally with internal stakeholders such as Claims, Underwriting, and IT”

What You'll Achieve.

Improve reserving precision; Identify new risk signals; Ensure transparency and reproducibility; Ensure the integrity of reserving analyses and model outputs; Support informed decision-making

Industry & Context.

Insurance
Problems you'll solve

Analytically strong; Demonstrated ability to think programmatically and apply problem-solving skills

What They're Looking For.

Must Have

Undergraduate degree in Actuarial Science, Mathematics, Statistics, or a related discipline

Nice to Have

Actuarial internship or relevant experience in the insurance industry, Completion of at least 1 CAS exam

What You'll Do.

Support the development

and enhancement of models

Collaborate cross-functionally with internal stakeholders such as Claims

Contribute to rate monitoring and adequacy analyses

Support reserve analyses across various lines of business

Assist in producing quarterly reserving analyses

identifying trends and the underlying factors contributing to movements

Contribute to the semi-annual reviews of reserve adequacy and support the development of reserving strategies by analyzing historical performance

and emerging risks to evaluate reserving effectiveness and inform strategic decision-making

Support the development

and enhancement of actuarial reserving models to support reserving requests and improve reserving precision

Contribute to the development and implementation of predictive analytics tools to enhance reserving precision and identify new risk signals

Assist in maintaining thorough documentation of model assumptions

and updates to ensure transparency and reproducibility

Validate and reconcile data inputs to ensure the integrity of reserving analyses and model outputs

Assist in the preparation of internal and external reports in a timely and accurate manner

and areas for further exploration

Collaborate with IT and Data teams to ensure data integrity and support automation of actuarial processes

Collaborate closely with Claims and other business units to ensure reserving recommendations are well-informed and actuarially sound

Build and maintain working relationships with non-actuarial functions to enhance cross-functional understanding and alignment

Assist in the presentation and explanation of actuarial results using sound judgment and discretion

tailoring content to the audience and business context

Communicate complex actuarial concepts clearly and concisely to non-technical stakeholders

supporting informed decision-making

How You'll Work.

Team & Collaboration

Collaborate cross-functionally with internal stakeholders such as Claims, Underwriting, and IT; Develops and maintains effective working relationships as a team member and across readily collaborates and shares information, seeks and provides constructive feedback, and supports a respectful workplace; Collaborate with IT and Data teams to ensure data integrity and support automation of actuarial processes; Collaborate closely with Claims and other business units to ensure reserving recommendations are well-informed and actuarially sound; Build and maintain working relationships with non-actuarial functions to enhance cross-functional understanding and alignment

Communication Scope

Clear communicator; Communicate complex actuarial concepts clearly and concisely to non-technical stakeholders

Free ATS check

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