Senior Reserving Actuary at Canopius | USA | Rezi

Senior Reserving Actuary at Canopius

Senior Reserving Actuary

Canopius · USA

Yesterday

Senior Reserving Actuary

Canopius · USA

a day ago
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About the Role

Carries out the reserving process, ensuring data quality and highlighting limitations and uncertainties.

Responsibilities

  • Carries out the analysis of technical reserves quarterly for multiple lines of business using standard actuarial techniques.
  • Performs analysis on large data sets using appropriate tools and techniques.
  • Performs data reconciliation between various systems and reports to ensure data reliability and completeness, highlighting data limitations.
  • Communicates results, movements, and key uncertainties from reserving analysis to technical and non-technical audiences.
  • Prepares supporting documents for quarterly and annual governance structure, including divisional reserving meetings and input to the Reserving Forum.
  • Supports the Finance department with preparation of analysis and reporting on reserve-related items.
  • Maintains a working knowledge of all reserving bases (Ultimate, GAAP, SII, IFRS, US Situs), including purpose and differences.
  • Implements statistical analyses and investigations as requested by actuarial management.
  • Assists with implementing process improvement and development of effective tools for reserving analysis.
  • Encourages and develops feedback loops with other Actuarial sub-teams and other departments for reserving processes.
  • Partners with Claims, Underwriting, Risk, Finance, Management, and Actuarial teams to understand the impact of initiatives and book of business changes, incorporating them into reserve analyses.
  • Takes responsibility for engaging other business areas with inputs and outputs from reserving processes.
  • Recognizes, implements, and reviews process improvement and development of effective tools for reserving analysis.
  • Mentors, provides guidance, and trains actuarial colleagues and the wider business.

Requirements

  • 5-8+ years of actuarial experience in P&C insurance, with a strong focus on reserving.
  • ACAS required, with FCAS preferred or near completion.
  • Experience across commercial or specialty lines of business.
  • Strong technical reserving capabilities, including application of multiple methodologies and informed judgment in selecting assumptions.
  • Ability to communicate complex results and uncertainty clearly to non-actuarial stakeholders.
  • Experience working with large datasets, with strong Excel and data modeling skills.
  • Proficiency in SQL, Python, or similar tools, with the ability to leverage modern analytical approaches.
  • Demonstrated ability to identify trends, evaluate underlying drivers, and challenge assumptions with a balanced and practical perspective.
  • Strong collaboration and communication skills, with the ability to work effectively across actuarial, underwriting, claims, and finance.

Skills

  • Excel
  • Data modeling
  • SQL
  • Python

Location

  • US

Work Type

  • Hybrid working

Experience Level

  • 5-8+ years

Education Level

  • ACAS required, with FCAS preferred or near completion

Salary/Compensations

  • $150,000 - $200,000

Benefits

  • Comprehensive benefits package
  • Hybrid working
  • Competitive base salary
  • Non-contributory 401k
  • Discretionary bonus
  • Medical insurance
  • Dental insurance
  • Vision cover
  • Benefits to enhance financial, physical, social and psychological health

About the Company

  • Canopius is a global specialty lines (re)insurer.
  • One of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
  • Fosters a distinctive, positive culture which enables employees to bring their whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
  • Operates a flexible, hybrid working model.
  • Committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

Equal Opportunity

  • Fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment.
  • All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.
  • Encourage and welcome applicants from all diverse backgrounds.
  • Make reasonable adjustments throughout the recruitment process and during employment.
  • Please let us know if you require any information in an alternate format or any other reasonable adjustments.