Actuarial Manager

Company:  Plymouth Rock Assurance
Location: Boston
Closing Date: 03/11/2024
Salary: £250 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Overview:

Are you looking for a chance to be part of a high performing team that is passionate about profitable growth? Does the thought of building a ground up excite you? If yes, then join us and be part of a team that's forging the path to data-driven success.

We are seeking a highly skilled Actuarial Manager to join our dynamic team. As an Actuarial Manager for our @Home business, you will be responsible for identifying and diagnosing key drivers of our business results through reserve studies, rate indications, and complex analyses. This is a newly created position and will require a leader who is eager to shape the way actuarial analytics drive our innovative and growing homeowners product.

Key Responsibilities:

  • Manage quarterly homeowners reserve analyses, incorporating both traditional and non-traditional methods to accurately estimate future reserves
  • Collaborate with the Product and Claims teams, understanding business and operational changes to improve reserve estimate accuracy
  • Assess profitability of the homeowners business, working with Product Managers to determine rate needs
  • Drive continuous improvement of reserving, indications, and loss ratio forecasting processes, models and controls

Requirements & Skills:

  • Proficient in SQL, with hands on Python and ResQ experience preferred
  • Superior critical-thinking, problem-solving, and project management skills
  • Ability to conceptualize complex business problems, identifying appropriate data and information needed to lead analyses
  • Confidence taking ownership of challenging business issues and seeing issues through to resolution
  • Excellent communication and interpersonal skills, allowing effective interaction with colleagues and executives

Education & Experience:

  • Fellow of the Casualty Actuarial Society (FCAS) credential preferred
  • A minimum of 10 years of experience in reserving or pricing with practical application of statistical techniques and models
  • Proven experience with loss reserve and claim metric analysis and demonstration of incorporating non-traditional techniques that enhance traditional analysis
  • A thorough understanding of the insurance industry is required

About the Company:

The Plymouth Rock Company and its affiliated group of companies write and manage over $2.2 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 2,000 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”.

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