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Actuary- Reserving - Chicago Illinois
Company: Argonaut Management Services, Inc
Location: Chicago, Illinois
Posted On: 01/23/2025
Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry.
Our collaborative workplace is continuously evolving to ensure all employees feel:
Comfortable bringing their whole selves to work.
Confident that they will be treated respectfully.
Recognized for their performance and provided with equal opportunities to succeed.
At Argo, skill meets opportunity. If you're wired to raise your hand and ask, "Where can I help?", you'll thrive with us.
Overview: Perform Financial Lines and Specialty reserve analyses and related activities including financial close activities and ad hoc projects.
Accountabilities:
- Perform reserve reviews under the direction of the Head of Reserving - Financial Lines and Specialty.
- Prepare reserving related reports for Financial Lines and Specialty Reserving including quarterly reserve meeting material.
- Work in a team environment with underwriting, claims, financial, and IT professionals.
- Conduct a full range of actuarial and financial analysis to quantify performance.
- Improvement of data and reports to increase the efficiency of the US Operations close process and associated reporting.
Qualifications:
- Bachelor's degree in actuarial science, mathematics, or related field of study.
- 5+ exams of the Casualty Actuarial Society in pursuit of credentials.
- 5+ years of property/casualty experience, preferrable with commercial lines.
- Experience with at least one coding language (SQL, R, Python, VBA, etc.)
- Broad knowledge of property/casualty insurance.
- Strong communication skills with the ability to convey technical concepts to non-technical audiences.
- Ability to interact and work within a team environment and approach actuarial work as a collaborative product.
- Ability to manage concurrent projects.
- Polished and professional written and verbal communication skills.
- Detail-oriented and able to quickly evaluate the accuracy of information.
- Proficient with Windows and Microsoft Office Suite (particularly Excel, Outlook, Word, and PowerPoint).
- Ability to work with various data software such as SQL, VBA, and Power BI.
- Experience with ResQ is a plus.
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
Chicago 122,400-145,600
New York City 133,600-159,000
PLEASE NOTE: At this time, Argo Group will not sponsor an applicant for employment authorization for this position.
If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400.
To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes.
Argo Group International Holdings, Inc. ("Argo" or the "Company") is a wholly owned subsidiary of Brookfield Wealth Solutions, Ltd. ("BWS"), a New York and Toronto-listed public company. Argo, with over $8 billion of assets on its balance sheet, is a leading underwriter of specialty insurance products in the property and casualty (P&C) market, working with independent agents, wholesale brokers, and retail brokerage partners to deliver collaborative solutions for niche markets.
BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions. BWS is backed by Brookfield Corporation, a leading global investment firm whose asset management business manages more than $1 trillion in assets as of September 30, 2024.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to our
Our Benefits
Developing our employees professionally and personally strengthens our organization.
Argo Group offers an attractive Total Rewards package that includes:
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