Actuarial Analyst, Reserving & Forecasting

Opportunity

Candidate profile

• Solid understanding of reserving methods and property and casualty insurance.
• Analytical approach to solving complex problems using data.
• Comfort working with large datasets, investigating anomalies, and ensuring data integrity.
• Able to communicate technical findings to technical and non-technical audiences.
• Organized and process-oriented, with accuracy and deadline management across multiple priorities.
• Collaborative approach with business leaders and subject matter experts.
• AI-powered tools such as ChatGPT and Copilot are a plus.

Responsibilities

• Conduct auto and property reserving analysis and develop IBNR recommendations.
• Gather, process, cleanse, and validate actuarial data.
• Update quarterly diagnostic and actual-versus-expected analyses.
• Apply actuarial assumptions and methodologies, document ultimate selection changes, and present recommendations.
• Analyze loss trends to inform pricing, product development, and rate-making.
• Develop claim-cost and revenue forecasts for annual budgeting.
• Analyze risk-based capital needs and prepare long-term financial stability projections.
• Support reinsurance renewals with policy-in-force data, premium forecasts, and responses to requests.
• Analyze reinsurance and catastrophe exposure, including storm, wildfire, and program limit adequacy.
• Model catastrophe scenarios, premium-growth sensitivity, and capital adequacy.
• Create predictive models for performance and productivity improvements.
• Monitor CareFirst performance against targets and deliver cross-functional analytics and insights.