FCAS Senior Actuary Consultant
Job Summary
To assess reserve adequacy for construction wrap-up insurance programs, the full-time Senior Actuary Consultant - FCAS will conduct reserve studies, review claims experience, and deliver actuarial reports in a 100% remote contract role for 4-6 weeks.
Key responsibilities
- Conduct reserve adequacy studies for Contractor-Controlled and Owner-Controlled Insurance Programs (CCIP/OCIP)
- Review claims experience, loss development, reserve assumptions, and identify potential reserve deficiencies
- Evaluate probabilistic reserve scenarios using stochastic methods and deliver a concise actuarial report with recommendations
Required qualifications
- FCAS (Fellow, Casualty Actuarial Society) mandatory
- 10+ years of P&C casualty reserving experience
- Demonstrated experience conducting CCIP/OCIP/wrap-up reserve adequacy studies
- Experience with stochastic reserving and percentile-based reserve scenarios
- US-based and qualified to issue the required opinion letter in the applicable jurisdiction
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