American National is seeking a Vice President – P&C Appointed Actuary. This VP is responsible for analyzing all P&C entities’ reserve adequacy, assisting in financial reporting, and will provide assurance that management is establishing reasonable reserves. The individual in this position will also be expected to provide reserve opinions for all P&C entities as required by statute. Additional responsibilities will include administration of the P&C reinsurance program and assisting in financial forecasting.
How you will make an impact:
• Complete analyses and produce documentation required for annual reserve opinions and present conclusions to internal boards.
• Oversee the production of Schedule P and related reserve run-off exhibits.
• Develop and direct the professional actuarial staff, ensuring they can perform to expected levels of performance, including training on current actuarial methodologies and standard industry practices.
• Oversee the P&C reinsurance program administration which include estimating catastrophe IBNR, reinsurance recoveries, and reinsurance premiums; supporting the reinsurance program renewal; participating in data calls on an as-needed basis.
• Develop and refine methodologies and processes and support the presentation of such efforts to executive management, boards of directors, regulatory authorities, auditors, reinsurance intermediaries, reinsurers, rating agencies, and other interested parties.
• Acts as liaison with internal/external audit and internal control functions.
• Supports aspects of the budgeting and forecasting process, including forecasted premium and losses for each line of business across the enterprise, and providing analytical support to management in the evaluation of results.
• Provide business partner and analytical support to P&C Operations and Enterprise Risk Management.
• Assist Finance and other actuarial departments with special projects on an as-needed basis.
Qualifications:
• “Qualified Actuary” – Meets qualifications set forth per the NAIC Annual Statement Instructions regarding Property & Casualty actuarial opinions prior to hiring and maintenance thereof throughout employment.
• ACAS/FSA or FCAS (preferred) with satisfactory maintenance of relevant actuarial continuing education requirements.
• A college degree in mathematics, statistics, economics, or a related field, or the equivalent, is preferred.
• Minimum twelve years actuarial experience; five years in management a plus.
• Experience implementing loss reserve software a plus.
• Professional image and strong verbal and written communication skills.
• Thorough understanding of and ability to apply and communicate actuarial principles is essential.
• Ability to work effectively with others and motivate and manage other’s work product.
• Experience leading a multi-site team.
• Strong organizational skills and ability to manage several projects at the same time.
• Proficiency in Microsoft Excel, Access and Word. Knowledge of SQL and power query is a plus.
• Self-motivated and attentive to details.
• Ability to anticipate questions and issues that may arise.
Top Skills
What We Do
American National has been building meaningful relationships with our clients, employees and surrounding communities for more than 110 years. We provide protection, security and comfort to more than 5 million policyholders who put their trust in our financial stability and strength.
Our founder, William L. Moody Jr., envisioned a successful and trustworthy company that constantly strived to exceed expectations: “We see no reason why each year should not record a greater success than the preceding one.”
Our determination to go beyond what’s expected, to never settle and to always uphold the highest ethical standards fuels our thriving corporation. Thanks to strong management and prudent reinvestment in the company’s growth, American National is a major provider of insurance and annuities.
American National offers a broad variety of life insurance, retirement annuities, accident and health insurance, pension plan products and services, credit insurance, and property/casualty insurance for personal lines, agribusiness and commercial businesses.
