Reserving Actuarial Analyst
| Company | Hippo Insurance |
|---|---|
| Location | Austin, TX, USA, Dallas, TX, USA, Bedminster, NJ, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level |
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field
- Minimum 2-4 years in actuarial role including time in property casualty loss reserving
- Solid foundation in basic reserving methodologies
- Actuarial credentials: Minimum passed Exam 5 or ACAS required
- Strong research, statistical, analytical, and mathematical skills with ability to conduct analysis on limited and/or unstructured data
- Demonstrated experience presenting to senior leadership and communicating with a large audience across different disciplines
- Professional proficiency in SQL, Excel, and Python are required
- Demonstrated project management and ability to deliver under tight timelines
Responsibilities
- Collaborate to drive forward the analysis of ultimate losses and loss adjustment expenses across all our products and geographies
- Design ad hoc analyses to address company specific requests that deliver insights on loss and premium performance, emerging issues, competitive analysis, and industry results
- Coordinate, maintain and communicate metrics from the loss reserving process to support related disciplines such as pricing, claims, and underwriting
- Support the annual, quarterly and monthly financial reporting processes across GAAP and STAT entities
- Perform forensic data analysis to identify any issues with claims data quality
- Contribute to reconciling data, setting up data routines, structuring custom reserve reviews, and ensuring the organization has effective tools to evaluate reserves. Assist in documentation and control of these processes
- Identify opportunities for process and efficiency improvement in department functions with follow-through to implement data driven and automated solutions
- Use exposure-based methods and weather models to manage event-specific CAT ultimate projections from day zero
- Opportunity to innovate reserving models: model building, refitting, or calibration
- Support the review of new and existing insurance programs
Preferred Qualifications
- Personal lines and/or catastrophe experience is a plus
- 1-3 years’ experience in accounting concepts and terminology for US GAAP and NAIC statutory financial reporting
- Experience with Arius (Akur8) reserving software