Demo

Reserving Actuary

Central Mutual Insurance Company
Dublin, OH Full Time
POSTED ON 1/9/2025
AVAILABLE BEFORE 3/9/2025
Location: Hybrid Work Model- Van Wert or Dublin, OH We are a team of employees who are passionate to deliver best in class customer service and innovation in the industry. It’s because we put Integrity, Relationships and Excellence in all aspects of our work. Our employees have the opportunity to fully utilize their talents and bring their best self.  We believe that who you are is just as important as what you do! As a Reserving Actuary, you'll have the opportunity to join an close knit team that is focused on helping Central's commitment to excellence by applying your knowledge and insights to reserving and statistical analyses. In the Corporate Reserving department, you will help implement future enhancements to the reserves processes, data feeds, and other data evaluations. How You’ll Make an Impact Prepare loss reserve analyses for assigned portfolio segments.  Make sound selections, provide justification for selections/assumptions, review corresponding data/model preparations, and provide insights on trends, shifts in mix, and other driving forces behind loss development Conceptualize exhibits in support of loss reserve analyses and execute on design, build, and clear communication of exhibits. Assist in the preparation of exhibits in support of loss reserving and corporate reporting analysis tasks   Assist with the Loss Reserve Committee including presenting information, evaluating findings, and advising on the impacts of actions being proposed Lead the preparation of the actuarial portions of assigned corporate reports & initiatives. Lead the preparation of statutory requests and oversee the responses to questions raised by the various insurance entities Lead data query efforts with analysts by clearly articulating the purpose, assumptions, hypothesis, and known intricacies Conceptualize tools in support of the monitoring and execution of Central’s loss reserving and profitability strategy and serve as the lead in the design, build, and execution of tools/diagnostics. Monitor correspondence of the Actuarial Department and other business units to evaluate their impact on loss reserving and corporate profitability and to verify consistency of related actuarial work products. Complete peer review as well as review of Sr.Analyst/Analyst work to ensure quality of work products  Form relationship with internal business units to understand various corporate initiatives and their impacts on the book of business.  Incorporate insights gained into ongoing reserve analyses Train others on reserving/reporting analysis tasks Lead the continuous improvement of Actuarial processes and procedures based on industry trends and best practices in collaboration with Sr. Analysts and the Research and Development Actuarial team Support the preparation of communication with Central leadership, as well as external stakeholders and vendors Ownership of any ad hoc projects as assigned by the business Ownership of special projects as requested.  What You’ll Bring  ACAS/FCAS Designation Master’s degree in Mathematics, Actuarial science, Statistics, Analytics field and 2 years of experience in an actuarial position Or Bachelor’s degree in Mathematics, Actuarial science, Statistics, Analytics field and 4 years of experience in an actuarial position Or 6 years of experience in an actuarial position Possesses analytical and problem-solving skills Strong math skills  Solid knowledge of actuarial techniques and standards, as well as other business operations including financial, claims, underwriting, and legal Possesses excellent communication and presentation skills Possesses multi-tasking and prioritization skills Ability to understand Central Insurance’s policies and processes Preferred  Strong skills with programming languages such as SQL, Python, R, SAS, and VBA

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Reserving Actuary?

Sign up to receive alerts about other jobs on the Reserving Actuary career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$75,278 - $94,197
Income Estimation: 
$86,566 - $107,585
Income Estimation: 
$75,278 - $94,197
Income Estimation: 
$86,566 - $107,585
Income Estimation: 
$86,566 - $107,585
Income Estimation: 
$109,171 - $137,211
Income Estimation: 
$109,171 - $137,211
Income Estimation: 
$137,078 - $174,198
Income Estimation: 
$170,839 - $220,216
Income Estimation: 
$220,450 - $289,809
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Central Mutual Insurance Company

Central Mutual Insurance Company
Hired Organization Address Dublin, OH Full Time
Location: Hybrid Work Model – Van Wert, Ohio or Dublin, Ohio We are a team of employees who are passionate to deliver be...
Central Mutual Insurance Company
Hired Organization Address Van, OH Full Time
Location: Hybrid Work Model -- Van Wert, OH, Dublin, OH We are seeking a highly experienced and dynamic Sr. Internal Aud...
Central Mutual Insurance Company
Hired Organization Address Waltham, MA Full Time
Click "Apply Now" and complete the application process to be considered for future openings with Central Insurance in Wa...
Central Mutual Insurance Company
Hired Organization Address Van, OH Full Time
Click "Apply Now" and complete the application process to be considered for future openings with Central Insurance in Va...

Not the job you're looking for? Here are some other Reserving Actuary jobs in the Dublin, OH area that may be a better fit.

Actuary

Insight Global, Columbus, OH

Actuary REMOTE

Staff Financial Group, Columbus, OH

AI Assistant is available now!

Feel free to start your new journey!