This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Position Overview:

Reporting to the Senior Actuary, the Senior Actuarial Analyst, Reserving, will have the opportunity to engage with various lines business within Ascot US. We are looking for an individual who is internally motivated, intellectually curious, able to manage multiple priorities, and driven to enhance existing processes.

Responsibilities:

Perform reserving analyses and produce management reports and statutory reporting in accordance with quarterly and annual timelines.
Make reserving recommendations for assigned business units through the application of appropriate reserving methods and assumptions.
Review current tools and procedures, make adjustments or develop new resources and enhance processes as appropriate.
Develop and implement reserving methodologies and enhancements to improve efficiency and accuracy.
Support in enhancements of reserving software, reserving process design, and deep dive review processes.
Collaborate regularly with Pricing, Claims, Finance, and Underwriting teams to develop deep understanding of line of business trends and emerging claims.
Stay up to date in functional area of expertise, on industry trends and developments, and assure knowledge transfer within the organization.
Provide guidance to less experienced team members.
Commitment to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements:

Proven math and analytical skills, as normally acquired through the pursuit of a Bachelor's degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
A minimum of 4 years of relevant actuarial experience, preferably with some commercial or professional lines reserving experience.
Commitment to achieving Associateship or Fellowship in the Casualty Actuarial Society.
Prior experience and knowledge of basic actuarial techniques and standards and insurance operations.
Solid oral and written and presentation communication skills.
Solid interpersonal skills and the ability to work in a team environment as well as independently.
Ability to exercise discretion and apply independent judgment and critical thinking skills in execution of assignments.
Ability to balance multiple projects with some direction.
Advanced proficiency in Excel.
Experience using Arius reserving software is a plus.
Programming skills or experience using SQL, VBA, R, Python, and ReMetrica is a plus.
High attention to detail and a strong ability and desire to collaborate across the organization.

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $105,000 - $130,000.

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

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