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General Reinsurance

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Actuarial Associate - Reinsurance P&C Reserving

Location:
Stamford, CT
Description:

Shape Your Future with Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies. Gen Re currently offers an excellent opportunity for an Actuarial Associate within our Corporate Actuarial Services in our Stamford, CT office. This is a hybrid role. Role DescriptionThe Actuarial Associate is responsible for assisting in the estimation of IBNR reserves and experience report analysis in support of the Corporate Actuarial mission. In addition, the Actuarial Associate will communicate with Line of Business teams to explain and understand results and will work with the Finance Department in support of Financial, Statutory, and Management reporting requirements.The following are the primary accountabilities of the position: * Understanding of IBNR calculation system and reserving methods used within the department. * Perform reserving analyses for specific lines of business, including communicating results with Underwriters, Marketing and Claims staff. * Successfully complete special studies as needed. * Continue to pass actuarial examinations. * Assigned projects such as: lines of business studies, loss development reviews, discounting, profitability, account specific IBNR, etc. * Support development and maintenance of reserving software and processes. * Support financial and management reporting activities.Role Qualifications and Experience * University degree is required. Prefer a major course of study in actuarial science, statistics or mathematics. * Passage of one or more Casualty Actuarial Society exams. * Strong verbal and written communications skills. * Organizational ability and attention to detail. * Interpersonal/critical-thinking skills. * Capacity to work in a team environment. * Self-motivated and willing to learn. * Prefer knowledge of statistical modeling packages, programming languages, and spreadsheets/databases. * Experience with Excel, Access, etc. SQL, VBA, and R knowledge highly desirable.Salary Range63,000.00 - 84,000.00 USD The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.Our AddressGeneral Reinsurance Corporation120 Long Ridge RoadStamford, CT 06902 (US) At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
Company:
General Reinsurance
Posted:
March 20 on Broadbean
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