AVP, Actuarial
Company
QBE Insurance
Location
Brooklyn NY
Type
Full Time
Job Description
Time Type: Full time
Worker Type: Employee
At QBE, our purpose is to give people the confidence to achieve their ambitions inside and outside of work. From development opportunities, to flexible work options and highly competitive reward and benefits packages, we understand the importance of living our values when it comes to our people. Everything we do at QBE is underpinned by our company's cultural elements - because we know it's not just what we do that matters, it's how we do it that makes the difference.
This opportunity is accountable for proactively provide actuarial services and guide team delivery within area of responsibility by demonstrating full technical competence in a variety of actuarial/statistical concepts, practices and procedures while taking the lead in defining project scope, key issues, timeframes, and analytical approaches and priorities with a large degree of creativity and self-direction while demonstrating teambuilding and communication skills.
Primary Responsibilities
Provide strong leadership in actuarial reserving, management reporting, and actuarial research by applying a variety of actuarial and statistical concepts, practices and procedures to deliver timely analyses for key stakeholders.
• Leverages technology in new and innovative ways and effectively communicates issues and recognizes and proposes new solutions to current/existing analyses while continuously progressing analyses beyond what was done historically• Identifies new opportunities for actuarial analysis within practice area and works with others as necessary to develop analyses and implementation plans including required resources, data needs and communication to key stakeholders• Meets actuarial standards by having all conclusions and recommendations be fully supported by analytical results and ensures all appropriate work products are peer reviewed• Assist with development and implementation of strategic, long-term risk management by collaborating across the business to share knowledge of actuarial analyses and influence plans that reduce organizational exposure to loss• Implement continuous improvement strategy by monitoring, reviewing and updating existing actuarial methods and procedures to ensure use of best practices for recommending profitable business development opportunities• Evaluate new product ideas by preparing, analyzing and interpreting data to recommend appropriate courses of action to top actuaries and partners across the business• Presents analyses that are clear, well organized, and aimed at appropriate audiences and anticipates questions and directs attention to critical assumptions and findings with the communication of results demonstrating an in-depth subject knowledge and confidence in actuarial conclusions• Partners with non-actuaries outside of the department to solve large strategic business issues by demonstrating skills outside of an actuarial/statistical framework• Engages in recruitment activities and encourages others to develop relevant technical, business and social skills• Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Required Education
• Bachelor's Degree or equivalent combination of education and work experience
Required Experience
• 7 years relevant experience
Preferred Competencies/Skills
• Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems• Identify complex problems and review related information to develop and evaluate options and implement solutions• Apply business and financial acumen• Implement planning to prioritize, organize, measure work• Influence team to adopt recommendations• Adapt and be flexible in a complex changing environment• Choose a solution to a problem even in ambiguous or difficult situations• Clearly and confidently convey information to a wide audience• Keep an open-mind, consider unique approaches and be open to change and considerable variety in the workplace• Utilize accurate and thorough approach to budgetary information gathering and proposal preparation• Utilize motivational, inspirational and enthusiastic approach to team leading and management• Establish a high degree of trust and credibility with others
Preferred Education Specifics
• Degree in Mathematics, Statistics, Finance, Economics or other quantitative field
Preferred Experience
• 7+ years of experience• property and casualty actuarial field• experience with actuarial analyses or predictive modeling in area of responsibility• increasing levels of responsibility
Preferred Licenses/Certifications
• 7+ casualty actuarial exams
Preferred Knowledge
• Advanced working knowledge of current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the industry works• Advanced working knowledge of computer systems and software• Current and contemporary actuarial pricing and reserving techniques and best practices
QBE Cultural DNA
Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) - because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviors that link to our cultural elements:
-We are customer-focused
-We are technical experts
-We are inclusive
-We are fast-paced
-We are courageous
-We are accountable
-We are a team
All employees are expected to adhere to QBE's Code of Ethics and Conduct and apply sound risk management practices
US Only - Travel Frequency
• Infrequent (approximately 1-4 trips annually)
US Only - Physical Demands
• General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.
US Only - Disclaimer
• To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.
Job Type
• Manager
Global Disclaimer
• The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Date Posted
08/09/2022
Views
5
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