Selby Jennings
Reserving Actuary
Selby Jennings, Chicago, Illinois, United States, 60290
Position Title:
P&C Reserving Actuary Location:
Chicago, IL (Hybrid - 3 days in-office, 2 days remote) Company Overview: Join a forward-thinking insurance organization specializing in providing top-tier commercial lines products and services. They prioritize innovation, teamwork, and excellence in service delivery. Position Summary: The P&C Reserving Actuary will play a critical role in the actuarial team by supporting reserving analysis and reporting for our commercial lines portfolio. This role is suited for a detail-oriented professional with a strong foundation in reserving practices who can effectively communicate insights and collaborate across departments. Key Responsibilities: Lead and conduct reserving analyses for various commercial lines of business, providing critical insights to support financial stability. Ensure accurate estimation of loss reserves, including incurred but not reported (IBNR) reserves. Develop and implement reserving methodologies and enhancements to improve efficiency and accuracy. Collaborate with finance, underwriting, and claims teams to communicate reserve needs, adjustments, and other actuarial findings. Prepare actuarial reports and presentations for executive leadership, explaining reserve levels and underlying trends. Stay updated with regulatory standards and ensure reserving practices remain compliant. Mentor and guide junior team members in reserving principles and methodologies as needed. Qualifications: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field. Minimum of 5 years of experience in P&C insurance, with at least 2 years in reserving. Associate or Fellow of the Casualty Actuarial Society (ACAS or FCAS) preferred. Strong analytical skills with proficiency in reserving software and Microsoft Excel. Excellent communication skills, with the ability to explain complex actuarial concepts to non-technical audiences. Proven ability to work independently and collaboratively in a hybrid work environment. Work Environment: This position operates on a hybrid model, with an expectation of 3 days in-office and 2 days remote each week.
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P&C Reserving Actuary Location:
Chicago, IL (Hybrid - 3 days in-office, 2 days remote) Company Overview: Join a forward-thinking insurance organization specializing in providing top-tier commercial lines products and services. They prioritize innovation, teamwork, and excellence in service delivery. Position Summary: The P&C Reserving Actuary will play a critical role in the actuarial team by supporting reserving analysis and reporting for our commercial lines portfolio. This role is suited for a detail-oriented professional with a strong foundation in reserving practices who can effectively communicate insights and collaborate across departments. Key Responsibilities: Lead and conduct reserving analyses for various commercial lines of business, providing critical insights to support financial stability. Ensure accurate estimation of loss reserves, including incurred but not reported (IBNR) reserves. Develop and implement reserving methodologies and enhancements to improve efficiency and accuracy. Collaborate with finance, underwriting, and claims teams to communicate reserve needs, adjustments, and other actuarial findings. Prepare actuarial reports and presentations for executive leadership, explaining reserve levels and underlying trends. Stay updated with regulatory standards and ensure reserving practices remain compliant. Mentor and guide junior team members in reserving principles and methodologies as needed. Qualifications: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field. Minimum of 5 years of experience in P&C insurance, with at least 2 years in reserving. Associate or Fellow of the Casualty Actuarial Society (ACAS or FCAS) preferred. Strong analytical skills with proficiency in reserving software and Microsoft Excel. Excellent communication skills, with the ability to explain complex actuarial concepts to non-technical audiences. Proven ability to work independently and collaboratively in a hybrid work environment. Work Environment: This position operates on a hybrid model, with an expectation of 3 days in-office and 2 days remote each week.
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