Ryan Specialty
Head of Reserving, North America
Ryan Specialty, Chicago, Illinois, United States,
Position Summary
This is a highly exciting opportunity to help establish and expand a robust process of risk analysis for business written by Ryan Specialty Underwriting Managers (‘RSUM’). This role will partner with cross-functional leadership within Ryan Specialty and insurance partners and will have responsibilities that fall within three main areas:
Lead a team of highly motivated actuaries focused on E&S business within North America.
Perform actuarial analyses to assess profitability of business written and socialize results.
Partner with International counterpart and leadership within Ryan Specialty to set strategy and influence decision making across the organization.
What will your job entail?
Lead the profitability analyses using traditional reserving methods for numerous business units, 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.
Manage a team focused on profitability analyses for North American E&S business.
Build and maintain relationships with stakeholders and leaders throughout Ryan Specialty and external partners.
Contribute to 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.
Create ad hoc reports, analyses, and data sets to identify and solve business problems.
Be a champion of risk awareness and contribute to a sound risk awareness culture across Ryan Specialty.
Regularly communicate with and support insurance partners and their actuarial staff.
Define compelling business arguments to elicit change on future or existing actuarial issues.
SKILLS
Diverse knowledge and expertise in reserving and risk; profitability assessment, pricing, predictive analytics, and/or cat modeling considered a plus.
Proficient with data manipulation, modeling, and visualization tools (e.g., SQL, Alteryx, MS Office, Power BI).
Strong business aptitude, 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.
EDUCATION/Experience
Bachelor’s degree in Actuarial, Economics, Statistics, or related field.
15+ years of relevant experience.
Fellow of Casualty Actuarial Society preferred, will consider career-Associate.
Breadth of experience across specialty lines, commercial lines, and/or reinsurance.
Demonstrated aptitude with reserving and risk analytics.
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 $171,160.00 - $224,647.00 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
here .
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
HR@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.
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This is a highly exciting opportunity to help establish and expand a robust process of risk analysis for business written by Ryan Specialty Underwriting Managers (‘RSUM’). This role will partner with cross-functional leadership within Ryan Specialty and insurance partners and will have responsibilities that fall within three main areas:
Lead a team of highly motivated actuaries focused on E&S business within North America.
Perform actuarial analyses to assess profitability of business written and socialize results.
Partner with International counterpart and leadership within Ryan Specialty to set strategy and influence decision making across the organization.
What will your job entail?
Lead the profitability analyses using traditional reserving methods for numerous business units, 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.
Manage a team focused on profitability analyses for North American E&S business.
Build and maintain relationships with stakeholders and leaders throughout Ryan Specialty and external partners.
Contribute to 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.
Create ad hoc reports, analyses, and data sets to identify and solve business problems.
Be a champion of risk awareness and contribute to a sound risk awareness culture across Ryan Specialty.
Regularly communicate with and support insurance partners and their actuarial staff.
Define compelling business arguments to elicit change on future or existing actuarial issues.
SKILLS
Diverse knowledge and expertise in reserving and risk; profitability assessment, pricing, predictive analytics, and/or cat modeling considered a plus.
Proficient with data manipulation, modeling, and visualization tools (e.g., SQL, Alteryx, MS Office, Power BI).
Strong business aptitude, 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.
EDUCATION/Experience
Bachelor’s degree in Actuarial, Economics, Statistics, or related field.
15+ years of relevant experience.
Fellow of Casualty Actuarial Society preferred, will consider career-Associate.
Breadth of experience across specialty lines, commercial lines, and/or reinsurance.
Demonstrated aptitude with reserving and risk analytics.
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 $171,160.00 - $224,647.00 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
here .
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
HR@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.
#J-18808-Ljbffr