About this opportunity
Argonaut Management Services, Inc lists this Lead Capital Actuary opportunity in chicago, Illinois. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Company
Shared Services Argo and Farm Family are specialty property and casualty insurance brands whose underwriting companies are wholly-owned subsidaries of Clearbrook Holdings Inc. Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence.
Job Description
Summary:
The main purpose of the Lead Capital Actuary is to lead the regulatory and rating agency capital models for Clearbrook and support the CRO with all aspects related to capital management strategy. Active collaboration, and regular communication with key stakeholders and business partners across finance, actuarial, ceded, risk management and other functions is an important part of this role. We are looking for a candidate to work from our Omaha, NE office.
Alternatively, we are open to filling this role in our Albany, NY, New York, NY, or Chicago, IL office as well.
This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.
Essential Responsibilities:
Develop and refine the capital, liquidity, and dividend strategy, working with CRO, CFO, and the CEO
Build out a real-time view of capital position and a forecasted view aligned with business plans
Design and implement a framework to maximize capital efficiency and fungibility across the organization
Embed capital metrics and modelling into strategic management decision-making
Own the operation and delivery of the function's objectives
Further establish and develop a model to support portfolio optimization and underwriting strategy
Provide timely and accurate capital metrics to senior management, regulatory bodies and rating agencies
Improve model governance including documentation and processes
Lead the production of a capital dashboard on a quarterly basis that provides a clear view of the solvency position of the group across regulatory and rating agency models
Work closely with CRO and ERM function to support risk management activities, including designing, building and operating stress and scenario modelling tools to assist with the ORSA
Management of end-to-end projects
Ability to build processes and help shape developing projects
Ability to influence and communicate effectively
Integral part of the current design and future development of capital strategy
Qualifications / Experience Required:
Bachelor's degree from an accredited college or university, preferably in Mathematics, Actuarial, Finance or Science
Qualified actuary
8+ years of experience required
Experience in leading or working on all areas of a capital function including modelling, analysis, and communicating results
Knowledge of factor-based models, especially US RBC and BCAR
Strong interpersonal and stakeholder management skills
High degree of numeracy - ability to analyse data and make sound expert judgements
Ability to work with limited resources to reach successful outcomes
Excellent analytical and abstract reasoning skills and strong organizational skills
Project management and planning skills
Ability to mentor and develop others
Excellent communication skills
Ability to articulate position and obtain buy-in from different functions
Preferred Qualifications/Experience:
Understanding of different accounting standards - US GAAP, US STAT, Economic, etc
Exposure to NAIC Own Risk & Solvency Assessment (ORSA) regulations and practices
Knowledge of CAT models and asset models
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, this position is eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
Albany and Chicago Pay Range: $151,000 - $181,000
New York City Pay Range: $165,000- $198,000
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PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at .
Benefits and Compensation
We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.
Core Values
At Clearbrook our Core Values are Integrity, Collaboration, Pursuit of Excellence and Forward Thinking. These values reflect who we are today and who we apsire to be - guiding how we work, how we lead and how we succeed.
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.