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Job Details

Chief Actuarial Officer

Company name
U.S. Liability Insurance Group

Location
Wayne, PA

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Profile

Applicants must be currently authorized to work in the country where this job is located on a full time basis. USLI and Devon Park will not sponsor applicants' work visas.

Chief Actuarial Officer

Location:

Wayne, PA

Team:

Actuarial

Job Type:

Actuary & Underwriting Claims Audit

FT/PT Status:

Full Time

Job Description

Responsible for ongoing monitoring of health of products including but not limited to conducting quarterly Loss Review meetings with senior leadership, reviewing and distributing monthly product loss development, conducting annual Loss Ratio committee meetings, as well as monitoring and identifying any potential issues. Coordinate the placement of reinsurance for USLI and Devon Park Specialty as well as coordinate underwriting audit by these reinsurers bi-annually. Act as a liaison for A.M. Best for USLI and Devon Park Specialty by developing an annual presentation for A.M. Best, maintaining a working relationship with our A.M. Best Analyst as well as reviewing and modifying A.M. Best public communications regarding USLI and Devon Park Specialty as needed. Provide subject matter leadership for the community on actuarial and financial topics. Lead cross-team efforts toward achieving combined ratio of 90% through the functions listed above. Responsible for people leadership of the Actuarial and Underwriting Audit and Filings teams

Additional job assignments include adhoc analyses and proposal review for the CEO and all other business leaders.

Strong critical thinking, oral and written communication skills and interpersonal skills required. Must have a strong understanding of all aspects of insurance company financials, coverages, markets, underwriting appetites and reinsurance. Previous leadership and strong leadership qualities required. Education: Bachelor’s degree in Analytical Discipline; Fellow of Casualty Actuarial Society. Experience: 15 years Actuarial experience in Property/Casualty Insurance. Working conditions: good, no travel required.

Company info

U.S. Liability Insurance Group
Website : http://www.usli.com

Company Profile
USLI aspires to be the very best insurance company for underwriting insurance for small businesses along with a select group of specialty products. We are committed to making a difference to our customers through well-designed products that are delivered with unparalleled speed, service and support. A member of the Berkshire Hathaway family of companies, USLI is an A++ rated company that supports its products with financial strength and stability. In addition to our innovative products, we provide a broad range of marketing assistance to our customers to help ensure their long-term success.

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