Life Regional Reserving Actuary for Latin America

ACE American Insurance Company (Chubb)   Miami, FL   Full-time     Finance
Posted on November 5, 2023

Life Regional Reserving Actuary for Latin America (ACE American Insurance Company (Chubb), Miami, FL): Prfmg reserve revs – incl estmtg accident yr claims/loss ratios, IBNR & commg drvrs of resrvg acts. Monitrg actual vs expected loss emergence, & idg & commg deviatn sources. Trkg prfmance of main accts, & idg & commg deviatn sources. Monitorg & verifyg monthly reserve changes in P&L. Analyzg w/ pricg actuaries ests of prospctv accident yr loss ratios in ann plng prcs & at reserve rev. Dvlpg, updatg & imprvmt of Life monitor. Generatg, monitorg, & verifyg loss ratio inputs in forecast P&L. Dsgng, creatg, & maintg actuarial book for loss ratio & claims dvlpmt monitorg. Commg & interactg w/ underwritg, claims & finance areas in var countries. Dvlpg actuarial meths & implg to imprv prcses. Exp req’d: Knowlbl on GAAP acct, esp in FAS 60. Solid understdg in IBNR reservg meths, i.e. Chain Ladder & Bornheutter-Ferguson. Solid understdg & intpatn of balance sheet & income statemts of ins comps. Adv proficiency in Excel & progrmg langs i.e. vis basic, python & SQL. Proficiency in ResQ sw for rsrv calcs. Proficiency in data vslztn sw QlikView; & Exp wrkg in LatAm ins mkt. Reqs Bach or frgn equiv in Actuarial Sci or rltd fld, & 5 yrs exp as Actuary or rltd occ w/ 4 yrs in reservg positns rltd to LatAm Life Ins ind. Reqs associate lvl or higher frm Society of Actuaries. Optn to WFH. Salary: $152,651.00 -$158,246.00. Send c.v. to