Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom and Continental Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Tokio Marine HCC products and capabilities set the standard for the industry, and many of the Company’s almost 3,000 employees are industry-leading experts.
If you are currently working in the actuarial field in the P&C insurance industry and looking for a challenging role where you will work closely with underwriters to analyze the risk types other aspects, then we have an exciting opportunity for an Actuarial Analyst - Property & Casualty in our corporate office in Houston, TX. In this role you will be working in the reserving team within the Actuarial department and will be responsible to provide an analytical support to actuarial and other departments in the areas of reserving, price monitoring, budgeting, economic capital modeling, rating agency presentation and merger & acquisitions.
Prepare and analyze quarterly reserving for selected lines of business
Provide support in annual preparation of Actuarial Opinions, Schedule P Reconciliation, Audit Committee Presentation and Dashboard for Tokio Marine Head Office
Provide support with internal and external actuarial and accounting audit
For selected lines of business, analyze quarterly price monitoring and prepare Annual Loss Ratio Projections for budgeting
Prepare reserve risk/underwriting risk parameters and payout patterns for economic capital modeling
Assist in preparation of rating agency reports, management reports and other ad hoc projects
Support Merger and Acquisition efforts as required
Within the first 45 days, become familiar with some of TMHCC’s specialty lines of business
Within the first 60 days, take ownership of analysis by explaining the reserving decisions they made. Also take initiative into learning the specifics of their lines from risk types, limits, length of tail, catastrophe exposure and other aspects and understanding how that affects analyses from reserving to economic capital modeling.
Show commitment to studying for exams
A successful candidate ideally will have a minimum of two years of relevant and progressive professional property & casualty actuarial experience preferably in reserving
Insurance industry experience. Commercial lines experience a plus.
3+ actuarial exams
Knowledge of the practices and procedures of actuarial science
Strong computer skills, specifically including Microsoft Office Excel and Access
Knowledge of ResQ reserving software, VBA and SQL are pluses
Optimization of work processes with a focus on continuous improvement and innovation
Ability to handle sensitive and/or confidential material strictly in accordance with company policy and legal requirements
Flexibility to work outside of normal business hours and a willingness to learn
Sound analytical skills as well as problem-solving aptitude
Must be an exceptional communicator and able to make connections across the organization
Educational requirements: the ideal candidate will have a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field, or the equivalent education and/or experience
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of Companies is an equal-opportunity employer. Please visit www.tokiomarinehcc.com for more information about our companies.
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, Tokio Marine HCC evaluates and manages risk like no one else in the industry.