Associate Manager or Manager Loss Reserve
Join Forbes' 2024 Best Employer for Diversity!
As an associate manager or manager loss reserve on the Corporate Actuary team, you'll maintains controls over $5.5 Billion of Loss and LAE reserves, complete reserve reviews, develops your direct reports, and directs the training of actuarial analysts. You'll have responsibility for Auto states (IL,IN,MI,MN,CA Agency, WI, etc.) plus Special Lines and some countrywide reviews.
You'll use your actuarial expertise to solve new and unique problems as well as leads initiatives to improve or develop models, processes and methodology. You'll manage a team of 4 or more analysts so they complete reserve reviews in a timely and accurate manner (completing reserve reviews includes, but is not limited to: accurately downloading and uploading data; making reasonable judgments and recommendations; adequately documenting reviews; applying loss reserving concepts and efficiently utilizing Progressive resources/tools).
Remote work allowed.
Must-have Qualifications
A minimum of 8 years of actuarial experience.
{OR} Bachelor's degree or higher in Math, Actuarial Science, Statistics, Economics, or Finance and a minimum of 5 years of actuarial experience.
Preferred Skills
Casualty Actuarial Society (ACAS) designation
Experience leading a team of actuarial analysts including coaching and mentoring
Intermediate to advanced coding skills (SQL, Power Query, R or Python)
Excellent communication skills including visualization of quantitative information for non-technical audiences
Compensation
$87,200 - $160,400/year depending on position level
Gainshare bonus up to 30%-40% of your eligible earnings based on company performance and position level.
Benefits
401(k) with dollar-for-dollar company match up to 6%
Medical, dental & vision, including free preventative care
Wellness & mental health programs
Health care flexible spending accounts, health savings accounts, & life insurance
Paid time off, including volunteer time off
Paid & unpaid sick leave where applicable, as well as short & long-term disability
Parental & family leave; military leave & pay
Diverse, inclusive & welcoming culture with Employee Resource Groups
Career development & tuition assistance
Onsite gym & healthcare at large locations
Energage recognizes Progressive as a 2024 Top Workplace for: Innovation, Purposes & Values, Work-Life Flexibility, Compensation & Benefits, and Leadership.
Equal Opportunity Employer
Sponsorship for work authorization is not available for this position.
Job
Actuarial
Primary Location
United States
Schedule
Full-time
Employee Status
Regular
Work From Home
Yes
Apply Now
As an associate manager or manager loss reserve on the Corporate Actuary team, you'll maintains controls over $5.5 Billion of Loss and LAE reserves, complete reserve reviews, develops your direct reports, and directs the training of actuarial analysts. You'll have responsibility for Auto states (IL,IN,MI,MN,CA Agency, WI, etc.) plus Special Lines and some countrywide reviews.
You'll use your actuarial expertise to solve new and unique problems as well as leads initiatives to improve or develop models, processes and methodology. You'll manage a team of 4 or more analysts so they complete reserve reviews in a timely and accurate manner (completing reserve reviews includes, but is not limited to: accurately downloading and uploading data; making reasonable judgments and recommendations; adequately documenting reviews; applying loss reserving concepts and efficiently utilizing Progressive resources/tools).
Remote work allowed.
Must-have Qualifications
A minimum of 8 years of actuarial experience.
{OR} Bachelor's degree or higher in Math, Actuarial Science, Statistics, Economics, or Finance and a minimum of 5 years of actuarial experience.
Preferred Skills
Casualty Actuarial Society (ACAS) designation
Experience leading a team of actuarial analysts including coaching and mentoring
Intermediate to advanced coding skills (SQL, Power Query, R or Python)
Excellent communication skills including visualization of quantitative information for non-technical audiences
Compensation
$87,200 - $160,400/year depending on position level
Gainshare bonus up to 30%-40% of your eligible earnings based on company performance and position level.
Benefits
401(k) with dollar-for-dollar company match up to 6%
Medical, dental & vision, including free preventative care
Wellness & mental health programs
Health care flexible spending accounts, health savings accounts, & life insurance
Paid time off, including volunteer time off
Paid & unpaid sick leave where applicable, as well as short & long-term disability
Parental & family leave; military leave & pay
Diverse, inclusive & welcoming culture with Employee Resource Groups
Career development & tuition assistance
Onsite gym & healthcare at large locations
Energage recognizes Progressive as a 2024 Top Workplace for: Innovation, Purposes & Values, Work-Life Flexibility, Compensation & Benefits, and Leadership.
Equal Opportunity Employer
Sponsorship for work authorization is not available for this position.
Job
Actuarial
Primary Location
United States
Schedule
Full-time
Employee Status
Regular
Work From Home
Yes
Apply Now