Job Description
We are currently seeking a Reserving Actuary to join our team. Joining PNC is an excellent opportunity to enhance your skills and further your career with a growing and successful organization. The role would offer opportunities within a small team to broaden your skills in other areas.
Responsibilities:
- Management of the quarterly reserve analysis, by understanding the programs to make informed selections
- Management of the quarterly reserving data preparation and reconciliation
- Working with the Chief Actuary and experienced team members to set company reserving best estimates
- Collaborate with underwriting, finance, and risk teams, ensuring reserving results are communicated clearly to stakeholders
- Work with claims to assess Case Reserve adequacy with an annual implemented update of initial case reserves
- Provide insights on program performance, emerging trends, and risks
- Work to support the actuarial team on day-to-day tasks such as Pricing indications, ad hoc requests and data support
- Work closely with the product, claims and underwriting teams to help support program decisions
Ideal candidates would include, but not limited to:
- An individual who is seeking to further their career by growing into this role
- An individual with tremendous attention to detail, comfortable working in a fast-paced, multi-tasking environment
- In-depth reserving experience and knowledge of actuarial methods
- Experience of applying judgement to reserve analyses
- Team player who works diligently towards the goals of the organization
Qualifications:
- Minimum Level: ACAS or above
- Bachelor’s Degree in Mathematics, Statistics, Actuarial Science or related discipline
- Minimum 5 years of actuarial experience
- Experience of WTW ResQ reserving software
- Proficient in the use of MS Office and SQL
- Ability to answer qualitative questions quantitatively
- Excellent interpersonal and communications skills; ability to communicate complex and challenging topics to colleagues and stakeholders in simple, easy-to-understand language
- Strong leadership, time management, and organizational skills
- Strong analytical, creative problem-solving, and research skills