Location(s)
Chicago, Illinois
Details
Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs. By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises.
Position Summary
The Director, Actuarial on our Property & Casualty loss reserving team will lead within the operations unit of the loss reserving team by developing, implementing and enhancing innovative reserving capabilities for Kemper’s Property & Casualty operations. Independently create, design, and implement actuarial analyses by providing innovative solutions, technical guidance, and creative capabilities that promote and enhance analytical efficiencies and functionality. Develop partnerships with other leaders throughout the organization to ensure the reserving team is effectively meeting business needs. Work closely with the SVP – Chief Reserving Actuary, Actuarial Reserving Management Team, IT, Data Scientists, Pricing, Finance and other business partners to develop and recommend appropriate actuarial strategies to support the organizational goals.
Position Responsibilities
- Design actuarial analysis software solutions, summarized actuarial findings, interactive reporting tools including executive communications and presentations
- Ability to perform and develop complex reserving analyses with innovative functionality, communicate results to others in the organization, including senior business leaders
- Support actuarial statement of opinion (ASOP), streamline actuarial reports, and correspondences with regulators, including documentation of assumptions
- Design and maintain enhanced robust data controls and reconciliations
- Enforce actuarial best practices in quantifying, validating, and preparing data analyses
- Lead actuarial analysts through complex methodologies; providing technical guidance and other responsibilities that include performance management, enhanced reporting, training, and mentoring.
- Assists with department objectives by leading and coordinating complex projects and processes, while maintaining actuarial standards of practice.
- Recognize opportunities to enhance analyses and improve efficiencies
- Mentor and develop actuarial staff with new reserving analysis tools and reporting summaries
- Prepare actuarial proposals for management and business partners
- Develop and improve management reporting to drive strategic decision making
- Develop management information to inform business partners on the health of the business
- Communicate effectively with management and business partners
- Adhere to internal and external compliance requirements/standards
- Develop skills through continuing education opportunities
Position Requirements
- Bachelor’s degree in actuarial science, mathematics, statistics, economics or related field, or the equivalent in related work experience
- 10 or more years of Property & Casualty Actuarial experience, preferably with reserving experience
- 5 or more years of management experience and/or experience leading teams and/or projects of various size and complexity
- Associate or Fellow of the Casualty Actuarial Society or the equivalent from other organizations or demonstrates equivalent knowledge
- Strong understanding of actuarial reserving methodologies and standards of practice
- Strong computer skills: Proficient in Microsoft Office, computer programming experience and experience with VBA, SAS, SQL, or R is a plus.
- Experience providing internal service to a business, forming strong relationships, understanding client experiences and expectations and working to anticipate needs.
- Will be able to review others work for reasonableness and identify opportunities for enhancement.
- Works effectively in a team environment.
- Ability to work independently to perform actuarial analysis and make reasonable assumptions/judgments
- Creative problem-solver with strong quantitative skills that can spot patterns, trends, and opportunities in data
- This position is a remote role and can work from a US based home.
The range for this position is $113,800 to $196,300. When determining candidate offers, we consider experience, skills, education, certifications, and geographic location among other factors. This job is eligible for an annual discretionary bonus and Kemper benefits (Medical, Dental, Vision, PTO, 401k, etc.)
Kemper is proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, disability status or any other status protected by the laws or regulations in the locations where we operate. We are committed to supporting diversity and equality across our organization and we work diligently to maintain a workplace free from discrimination.
