Ryan Specialty Group
This listing was posted on Broadbean.
Reserving Actuarial Director - Alternative Risk
Location:
Chicago, IL
Description:
Position SummaryThis is a highly exciting opportunity to help establish and expand a robust process of risk analysis for business written by Ryan Specialty. This role will partner with cross-functional leadership within Ryan Specialty and insurance partners and will have responsibilities that fall within three main areas: * perform profitability reviews and communicate results* build new and enhance existing models* monitor performance metricsWhat will your job entail?ESSENTIAL RESPONSIBILITIES * Own the profitability analyses for complex insurance products using a blend of traditional reserving methods and stochastic modeling, including start-to-finish scheduled analyses, reporting of results to management teams, support during strategy determination, and fulfilment of ad hoc requests & deep-dive analyses * Interpret, challenge, and incorporate alternative risk transfer pricing-model assumptions into profitability analyses * Own components of actuarial analytical evolution, which may include but are not limited to range analysis, large loss modeling, portfolio optimization, trend analytics, and industry benchmarking * Partner with actuarial pricing and UW management teams on SWOT analysis for business written * Be a champion of risk awareness and contribute to a sound risk awareness culture across Ryan Specialty * Complete due diligence on prospective acquisitions * Support capacity provider initiatives * Regularly communicate with and support insurance partners and their actuarial staff * Define compelling business arguments to elicit change on future or existing actuarial issues * Create ad hoc reports, analyses, and data sets to identify and solve business problems * Flexibility to take on new challenges in a dynamic organizationQUALIFICATIONS * Bachelor's degree in Actuarial, Economics, Statistics, or related field * 7+ years of relevant experience * FCAS or career-ACAS * Demonstrated working knowledge of reserving, captives, and alternative risk transfer * Proficient with data manipulation and modeling tools (e.g., MetaRisk, SQL) * Strong business attitude, including written/verbal communication and time management skills * Detail-oriented, with strong organizational, analytical, and problem-solving skills * Proven ability to balance multiple projects, timelines, and stakeholders * Highly motivated, with the ability to work effectively independently and within a team * Willingness to get involved at all levels and aspects of the process as necessary * Ability to work collaboratively with non-technical, senior insurance professionals*** Please ignore the salary below as it is incorrect. The correct salary range for this role is $150,000.00 to $200,000.00 based on experience. ***Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.How We Support Our Teammates Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.The target salary range for this position is $160,000.00 - $200,000.00 annually.The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at XXXX@Ryansg.com The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Company:
Ryan Specialty Group
Posted:
August 6 on Broadbean
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to Broadbean
Important Safety Tips
- Always meet the employer in person.
- Avoid sharing sensitive personal and financial information.
- Avoid employment offers that require a deposit or investment.
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Reserving Actuarial Director - Alternative Risk
Reserving Actuarial Director - Alternative Risk is a Executive Director Job at Ryan Specialty Group located in Chicago IL. Find other listings like Reserving Actuarial Director - Alternative Risk by searching Oodle for Executive Director Jobs.
Reserving Actuarial Director - Alternative Risk is a Executive Director Job at Ryan Specialty Group located in Chicago IL. Find other listings like Reserving Actuarial Director - Alternative Risk by searching Oodle for Executive Director Jobs.