American National Insurance - Glenmont, NY

posted 3 months ago

Full-time - Mid Level
Glenmont, NY
Insurance Carriers and Related Activities

About the position

The Actuarial Analyst III will be a key member of the American National P&C Reserving team, responsible for analyzing the reserve adequacy of all P&C entities. This role involves performing and communicating actuarial analyses in loss reserving, reinsurance administration, and financial reporting. The analyst will also support other key functions outside of reserving, including pricing, forecasting, and modeling. The position requires a degree of independence, as the analyst will be expected to work fairly autonomously without significant management oversight. Additionally, the analyst will need to relocate to one of American National's offices located in Houston, TX; League City, TX; Glenmont, NY; or Springfield, MO. In this role, the analyst will apply fundamental actuarial principles to prepare detailed reserving analyses for a variety of P&C coverages. They will assist in developing the actuarial workbooks necessary for the annual reserve opinion and prepare summaries of actuarial analyses for distribution to executives, other departments within American National, reinsurers, and regulators. The analyst will also work on improving the efficiency of regular monthly and quarterly actuarial processes and assist Finance and other actuarial departments with special projects as needed. Furthermore, the analyst will be expected to prepare for and progress in the CAS examinations, demonstrating a commitment to professional development and mastery of actuarial principles.

Responsibilities

  • Applies fundamental actuarial principles in preparing detailed reserving analyses for a variety of P&C coverages
  • Assists in developing the actuarial workbooks necessary for the annual reserve opinion
  • Prepares summaries of actuarial analyses for distribution to executives, other American National departments, reinsurers, and regulators
  • Works on improving the efficiency of regular monthly and quarterly actuarial processes
  • Assists Finance and other actuarial departments with special projects on an as-needed basis
  • Prepares for and progresses in the CAS examinations

Requirements

  • A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background is preferred
  • Proficiency in Excel is required and proficiency in SQL and Power Query is a plus
  • At least two years of actuarial experience is preferred
  • At least two CAS exams are required and at least three exams preferred
  • The ability to demonstrate sufficient progress in understanding and applying basic actuarial principles

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Basic life insurance
  • 401k plan
  • Paid time off
  • Paid holidays
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