Reserving Actuary Work from Home(USA)

Overview

Requires specialized depth and/or breadth of expertise in all aspects of the reserving process for various of Enstar's Asbestos, Pollution, and Health Hazard ("APH") portfolios including Manufacturing Entities.

What you will be doing

• Manage quarterly & ad-hoc reserve reviews including detailed reviews across APH portfolios
• Peer review of work performed by other team members
• Presentation of results to key stakeholders
• Influence and provide guidance to junior team members across their employee lifecycle including hiring, engagement, development and performance
• Act as a key resource for the M&A team on potential new acquisitions, especially with APH exposures
• Set up new reserve review processes for new acquisitions
• Oversee development and maintenance of detailed APH databases
• Oversee the preparation and provision of data for external actuarial analyses and review and support the work of external actuarial consultants as necessary
• Provide oversight of detailed actual versus expected emergence analyses
• Provide oversight of operation of internal controls and communication with internal and external auditors
• Prepare actuarial support for financial statements filings and assist in the financial close process
• Prepare standard/special reports for management
• In addition to the above key responsibilities, may be required to undertake other duties from time to time as the Company may reasonably require

The candidate is expected to:

• Perform the range of assignments indicated above with minimal level of guidance
• Facilitate and lead changes to core processes and methods to overcome identified bottlenecks, challenges and issues, consistent with regulations and rules
• Act as a resource for colleagues with less APH knowledge
• Take a new perspective on existing solutions demonstrating a continuous improvement mindset
• Impact achievement of a range of, operational, project or service activities within own team and other related teams; work within broad guidelines and policies
• Explain difficult or sensitive information; work to build consensus

What you will bring

• Bachelor Degree in Actuarial Science, Mathematics, Statistics, or similar
• Career ACAS or FCAS
• 5-10 years of actuarial experience preferably in reserving and/or APH portfolios
• Familiarity with non-traditional reserving concepts for APH portfolios and run-off reserves
• Strong computer skills with emphasis on Microsoft Excel, Word, PowerPoint, ResQ and other applicable tools and ability to apply to actuarial related problems
• Knowledge of SQL, R, Python, Power BI preferred
• Must be proficient in preparing written, technical reports for various purposes
• Understanding of regulatory reserving requirements
• Comprehensive understanding of insurance and finance
• Understand key business drivers and use this understanding to accomplish own work
• Knowledge of best practices and how own area integrates with others; be aware of the competition and the factors that differentiate
• Uses sophisticated analytical thought to exercise judgment and identify innovative solutions
• Communicate difficult concepts and negotiates with others to adopt a different point of view
• Fosters innovation and creativity. Facilitates change management initiatives and monitors their implementation
• Impacts the achievement of operations, project or service objectives; work is guided by functional policies
• May lead teams or projects and service with moderate resource requirement, risk, and/or complexity
• Has specialized depth and/or breadth of expertise within the reserving function
• Interprets internal and/or external issues and recommends solutions/best practices to improve work products, modelling, processes or services
• Guides/works with others in resolving complex issues in reserving process for APH and Manufacturing entities based on existing solutions and procedures
• Ability to train/mentor junior staff
• Interprets internal/external business challenges and recommends best practices to improve work products, modelling, processes or services
• Serve as an expert within APH Reserving team
• Solves complex problems with implications on cross-functional business processes and outcomes
• Effective written and verbal communication skills with a multitude of stakeholders across Finance, Claims, Operations, Risk to resolve issues. Ability to produce solid draft actuarial reports and results slides
• Communicates difficult concepts and negotiates with others to adopt a different point of view
• Must be able to properly handle multiple priorities in a fast-paced business environment

Benefits and company info

• Enstar offers best-in-class bundled Medical, Dental, and Vision healthcare for single and family coverage.
• Board-certified doctors and pediatricians are available virtually 24/7 for urgent care.
• Access to Health Savings Account (HSA) or Flexible Spending Account (FSA).
• Access to Dependent Care FSA to cover daycare expenses.
• Access to Employee Assistance Programs (EAP) for health and well-being.
• Optional Pet & Home/Auto Insurance.
• Wellness Reimbursement program (up to $600 annual reimbursement for wellness-related expenses, i.e., gym memberships, massage, etc.).
• 401K retirement plan (company matches up to 6% of employee contribution).

General Info

The target base salary pay range for this role is $163,000-$200,000

Target full-time equivalent base salary range is based on relevant market data. The actual salary offered will depend on applicable market data for hiring location and relevant candidate knowledge, skills/experience. This salary range is not inclusive of applicable discretionary incentives.

Who we are

Enstar is a trusted, leading global (re)insurance group that delivers innovative solutions that help our clients reduce risk, release capital and achieve finality. We operate through our network of group companies positioned across the world's major insurance hubs, spanning Bermuda, the US, London, Continental Europe and Australia.

We are dedicated to helping some of the world's largest organisations manage risk, providing new opportunities and supporting freedom to grow. With deep expertise, a highly experienced team and a strong track record in the retrospective (re)insurance market, we are proud of our 30+ year history of building enduring partnerships and bringing fresh thinking to complex challenges.

Our solutions are supported by Enstar's robust balance sheet, as evidenced by our $20.3 billion in assets, financial strength ratings and partnership with Sixth Street, a leading global investment firm.

Why choose us

Learning and development opportunities are a fundamental part to our employee's career journey with Enstar. Their development and career progression remain key enablers of employee engagement, whichcan directly impactproductivity, performance and retention.

• Professional Qualification/Study Support: We support our employees who wish to take professional qualifications aligned to their role and career development. In addition, we also offer study support.
• Training, Conferences & Seminars: As we are a global company we work with many Professional Bodies which offer training, conferences, seminars and often free CPD events.
• Digital Learning Hub: Ourdigital learning hub Percipio hasself-serve resources (e.g. courses, videos, ebooks, audio books) covering a range of topics to upskill your knowledge

We also invest in physical, mental and financial wellbeing initiatives for every employee. Supportive teams, inspiring work and a great environment contribute to our happiness. We take efforts to have a positive influence in our communities and to continuously reduce our impact on the environment.

Equal Opportunities at Enstar

Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. At Enstar, we value all types of diversity. We're an equal opportunity employer and believe that our diversity creates an authentic working culture.We don't discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation.Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.