Full-Time

Reserving Actuarial Director

International

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Senior, Expert

Remote in UK

Category
Insurance
Finance & Banking
Required Skills
Power BI
SQL
Requirements
  • Bachelor’s degree in Actuarial, Economics, Statistics, or related field
  • 8+ years of relevant experience
  • Must be a Qualified Actuary
  • Rooted knowledge of the insurance industry, especially the specialty, commercial, and/or reinsurance sectors
  • Demonstrated working knowledge of reserving and risk analytics
  • Proficient with data manipulation, modeling, and visualization tools (e.g., SQL, Alteryx, MS Office, Power BI)
  • 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
Responsibilities
  • 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
  • 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
  • Help guide the actuarial Development & Operations team and the Claims Analytics Lead toward the successful implementation of a claim data process, the expansion of end-user reporting tools and self-serve dashboards, and the establishment of claim product monitoring metrics
  • Regularly communicate with and support insurance partners and their actuarial staff
  • Define compelling business arguments to elicit change on future or existing actuarial issues

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Chicago, Illinois

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Castel Underwriting and Socius Insurance positions Ryan Specialty for growth by expanding its product offerings and market reach.
  • The company's investment in new space in Chicago indicates a commitment to growth and expansion, potentially leading to new job opportunities and increased market presence.
  • Ryan Specialty's innovative programs, like the Franchise Hotel Program, showcase its ability to adapt and cater to niche markets, enhancing its competitive edge.

What critics are saying

  • The rapid expansion through acquisitions may pose integration challenges and strain resources, potentially impacting operational efficiency.
  • The specialty insurance market is competitive, and Ryan Specialty must continuously innovate to maintain its leadership position.

What makes Ryan Specialty unique

  • Ryan Specialty's focus on specialty insurance and its role as both a wholesale broker and managing underwriter sets it apart from traditional insurance firms.
  • The company's strategic acquisitions, such as Castel Underwriting and Socius Insurance, enhance its product offerings and expand its international presence.
  • Ryan Specialty's ability to successfully reprice its term loan and reduce capital costs demonstrates financial acumen and operational efficiency.

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