Actuary

• Supports monthly storm reserve analysis
• Conducts quarterly reserve analyses across all lines
• Performs loss development studies and advanced research across multiple P&C lines
• Develops and maintains spreadsheet, database, and reserving software files for reserve analyses
• Inputs reserves to the general ledger and verifies and monitors account balances
• Uses data query programs to obtain data from company data sources
• Reviews data for accuracy and reasonableness
• Conducts loss and loss adjustment reserve analyses according to financial reporting requirements
• Communicates results to direct management and/or company management verbally, in writing, or in presentation form
• Interprets emerging loss trends and partners with Claims and Finance
• Contributes to refinement of methodologies and assumptions

PC Reserving Actuary

• Support pricing, reserving, and other actuarial functions through data-driven analysis
• Gather, validate, and organize data used in actuarial models and business decision-making
• Develop, maintain, and enhance actuarial reports, tools, and documentation
• Analyze trends, identify key insights, and communicate findings to actuarial team members and business partners
• Collaborate with experienced actuaries on projects influencing business strategy and underwriting performance
• Gain exposure to multiple insurance products and actuarial disciplines
• Assist with special projects and initiatives supporting the actuarial team's growth and innovation
• Apply classroom concepts in a professional environment and contribute to meaningful projects

Actuary jobs in Illinois

PC Reserving Actuary

Actuarial Intern