Senior Actuarial Analyst, Reserving

Job Description

Job DescriptionDescription:

Location: 100% remote position, priority given to candidates located in the northeast. Ideally in the tri-city states.

Travel Required: Less than 10%

Direct Reports: n/a

Are you an actuary who enjoys turning complex data into insights that drive real decisions? Obsidian is looking for a Senior Actuarial Analyst to play a key role in our reserving function - partnering closely with leadership, improving analytical processes, and helping shape a growing actuarial organization. The ideal candidate will excel in advanced analytics and reporting, and a strong desire to innovate within a developing or evolving process optimization space.

Role and Responsibilities:

• Perform regular reserve studies including quarterly and annual reserving requirements for Obsidian
• Prepare reserve reporting and analysis to Obsidian’s leadership team and key stakeholders
• Monitor Obsidian’s reserve position on a monthly basis focusing on actual to expected analysis across the program portfolios
• Identify and report on any loss trends or other trends that could materially impact Obsidian in the short or long term
• Leverage internal and external data to inform decisions
• Design and optimize scalable data solutions to meet our core analytical requirements for reserving and risk management
• Address data-related issues and propose solutions to improve data quality and efficiency.
• Collaborate with other business partners to streamline data collection, transformation and analytical reporting
• Conduct in-depth data analysis to uncover trends, patterns, and actionable insights
• Proactively identify issues and communicate effective solutions to stakeholders
• Demonstrate complex technical ideas to both technical and non-technical audiences
• Assist in ORSA report preparation and perform stress and scenario analysis to test capital adequacy
• Help establish appropriate risk tolerances and metrics to guide decision-making on capital deployment
• Monitor all material exposures, focusing on property tail risk
• Other duties, as directed

**This position is not eligible for visa sponsorship; applicants must have authorization to work in the United States**

Requirements:

• BS/BA in actuarial science, mathematics, statistics or advanced analytics.
• 2+ exams to near ACAS
• 5+ years P&C experience. Experience in insurance or reinsurance in any combination of pricing, reserving, or ERM functional areas
• Advanced proficiency in Microsoft Office Suites
• High proficiency in Microsoft SQL databases
• Experience in Python / R is a plus
• Familiarity with Power BI / Tableau is preferred