Head of Reserving - Financial Lines & Specialty

2 days ago

🏢 In-office - Manhattan

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Logo of Argo Group

Argo Group

Argo Group is a U$1. .$1

specialty insurance • specialty underwriting • specialty reinsurance • specialty risk • property and casualty insurance

1001 - 5000

Description

• Manage the reserving process for assigned business units. • Conduct reserve-related projects in collaboration with other reserving leaders. • Lead a team of actuaries. • Lead the execution of quarterly analyses of gross and net reserves for business units with current gross reserves of $1.5 billion. • Manage and develop staff responsible for performing reserve reviews for assigned business units (currently three actuaries). • Coordinate quarterly close activities with Argo’s accounting group, as needed. • Prepare materials used in quarterly reserve meetings and provide input to other reporting processes (Reserve Committee meeting material, quarterly reserve position walk, etc.). • Communicate results to business leaders, the Chief Underwriting Officer, and the Chief Claims Officer. • Interact with pricing, underwriting, claims, and finance areas to improve processes and communication between the areas. • Continuous improvement of data, processes, and reports to increase the efficiency of the reserving and close processes and associated reporting.

Requirements

• Bachelor's degree from an accredited college or university. • FCAS designation. • 15+ years of property/casualty insurance experience, with 10 years specifically in reserving. • Excellent interpersonal/communication skills and committed individual/team work ethic. • Ability to effectively interact with the executive team and peers in actuarial and finance. • Ability to motivate others.

Benefits

• A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing. • Flexible workplace policies that support employee well-being include compressed hours, flex-time, job-sharing, remote work, sabbatical leave, and holiday hours. • Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs. In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits. • Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development – Training magazine lists Argo among the Training "Top 125" Companies. Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs. • An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development. • Active community outreach and volunteer programs. • A generous Employee Referral program that results in approximately 25% of all new hires annually.

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