What are the responsibilities and job description for the Senior Actuary position at Karen Clark & Company?
KCC seeks a fulltime Actuary in our Boston office to partner with clients to leverage catastrophe model output in underwriting, ratemaking, and risk transfer initiatives. Your responsibilities will also include fostering relationships with insurance regulators and rating agencies. In this position, you will work with KCC’s interdisciplinary Client Services, Model Development and Software Development teams.
About KCC
Karen Clark & Company (KCC) is the innovation and technology leader in weather, climate, and catastrophe risk modeling. KCC professionals are globally recognized experts in catastrophe modeling and risk management. From our headquarters in Boston, Massachusetts, we provide advanced models, innovative software, and comprehensive consulting services to enhance risk management strategies and climate resiliency. KCC modeling technology currently covers tropical cyclones, extratropical cyclones, severe convective storms, floods, earthquakes, winter storms, and wildfires in over 80 countries. For more information, please visit www.kcc.us.com
Responsibilities
- Assist clients in effectively integrating catastrophe model output in ratemaking, underwriting and reinsurance purchase processes
- Participate with KCC software development team in implementing insurance and reinsurance structures into financial modeling
- Lead relationships with regulators, and oversee KCC responses to regulatory questions on catastrophe model output forms and in client rate filings
- Participate in consulting engagements and help analyze and prepare client data and results for senior executive reports and presentations
- Contribute actuarial expertise to KCC technical papers, presentations, and other documents
Qualifications
- Degree in Actuarial Science, Mathematics, Statistics, or related field
- ACAS required, FCAS preferred
- 5 years in P&C actuarial role
- Experience with data-intensive computer models
- Proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook
- Excellent writing, communication, and organizational skills
- Experience with catastrophe models a plus
