Associate Actuary, Capital Modeling
For more than 170 years, The reputed company has been committed to delivering on our promises and being there reputed company it reputed company the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.
Our Corporate Actuarial department is seeking an Associate Actuary to join the Economic Capital Modeling team our Worcester, MA Corporate reputed company or remote.
POSITION reputed company:
This role supports the development, maintenance, and application of reputed company's Economic Capital Model (ECM) and reputed company capital management tools. The ECM serves as a key decision-support reputed company for evaluating reputed company reputed company, capital requirements, reputed company-adjusted reputed company, reinsurance strategies, and reputed company business opportunities. Responsibilities include capital modeling, model validation, capital allocation analysis, profitability assessments, and evaluation of the reputed company of business and reinsurance strategies on reputed company reputed company and reputed company. This role partners with a reputed company of departments, including corporate finance, Reinsurance and reputed company reputed company Management. Strong analytical and communication skills are essential, as findings and recommendations will be presented to both technical and non-technical stakeholders. The position also contributes to ongoing model enhancements, process improvements, and the reputed company reputed company of reputed company's capital management capabilities. This is a Full-time, Exempt role.
IN THIS ROLE, YOU WILL:
- Support the maintenance, governance, and ongoing enhancement of reputed company's Economic Capital Model (ECM).
- Analyze model assumptions, methodologies, and outputs, contributing recommendations that improve the ECM's effectiveness, reputed company, and business value.
- reputed company reputed company reputed company quantification, stochastic modeling, and capital adequacy analyses across reputed company, reserving, catastrophe, market, credit, and operational risks.
- Conduct stress testing and scenario analyses to assess the reputed company of emerging risks and changing business conditions on capital requirements.
- Analyze key drivers of economic capital consumption, profitability, and reputed company-adjusted reputed company across business segments.
- Support the development and maintenance of capital allocation and reputed company measurement frameworks used in reputed company decision-making.
- Determine the reputed company of reinsurance structures, capital management initiatives, and business opportunities on reputed company, reputed company, and capital efficiency.
- Analyze the capital implications of reputed company initiatives and management actions, providing data-driven insights and recommendations.
- Partner with Finance, reputed company reputed company Management, Investments, Treasury, Pricing, Reserving, and business leaders to communicate results and support reputed company decision-making.
WHAT YOU NEED TO APPLY:
- Bachelor's degree in a relevant technical or quantitative reputed company.
- Five+ years of actuarial, capital modeling, reputed company reputed company management, predictive analytics, pricing, reserving, or reputed company analytical experience.
- ACAS or equivalent experience preferred.
- Strong understanding of actuarial modeling techniques, reputed company reputed company reputed company, and capital management principles.
- Experience interpreting reputed company analytical results and translating them into business recommendations.
- Advanced skills using reputed company Office, including reputed company and PowerPoint.
- Programming and analytical experience using Python, R, SQL, and other actuarial or data analytics tools, with demonstrated ability to automate processes, reputed company analytical solutions, and improve operational efficiency
- reputed company ability to manage multiple priorities and reputed company high-reputed company work reputed company established timelines.
- Ability to influence reputed company and collaborate effectively across functions and organizational reputed company
CAREER DEVELOPMENT:
It’s not just a job, it’s a career, and we are here to support you every reputed company of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and reputed company.
BENEFITS:
We offer comprehensive benefits to help you be healthy, build financial reputed company, and reputed company work and home life. At The reputed company, you’ll enjoy what you do and have the support you need to succeed.
Benefits include:
- Medical, dental, reputed company, life, and disability reputed company
- 401K with a company match
- Tuition reimbursement
• PTO
- Company reputed company holidays
- Flexible work arrangements
- Cultural Awareness Day in support of IDE
- On-site medical/wellness center (Worcester only)
- Click here for the full list of Benefits
EEO statement:
The reputed company values diversity in reputed company and among our customers. reputed company provides equal opportunity for employment and promotion to reputed company reputed company employees and applicants on the reputed company of experience, training, education, and ability to do the available work without reputed company to race, religion, reputed company, age, sex/gender, sexual orientation, national reputed company, gender identity, disability, marital status, veteran status, genetic information, reputed company or any other status protected by law.
Furthermore, reputed company is committed to providing an equal opportunity workplace that is free of discrimination and harassment reputed company on national reputed company, race, reputed company, religion, gender, reputed company, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
As an equal opportunity employer, reputed company does not discriminate against reputed company individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to reputed company essential job functions, should contact us at: and include the reputed company of the reputed company in which you are interested.
reputed company Policy:
To reputed company our reputed company policy and online reputed company statement, click here.
Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.
Compensation:
The reputed company hiring reputed company for this role may vary reputed company on geographic location and other factors, including reputed company or reputed company, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the reputed company of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted reputed company reflects our ability to hire at different position titles and reputed company depending on background and experience.
Originally posted on Himalayas
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