Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze and mitigate exposure to climate risk. Arbol’s products offer parametric coverage which pays out based on objective data triggers rather than subjective assessment of loss. Arbol’s key differentiator versus traditional InsurTech or climate analytics platforms is the complete ecosystem it has built to address climate risk. This ecosystem includes a massive climate data infrastructure, scalable product development, automated, instant pricing using an artificial intelligence underwriter, blockchain-powered operational efficiencies, and non-traditional risk capacity bringing capital from non-insurance sources. By combining all these factors, Arbol brings scale, transparency, and efficiency to parametric coverage.
The Associate Actuary, reporting to the Chief Risk Officer, will be responsible for leading the actuarial ratemaking function, the actuarial loss reserving function, and providing analytical support for corporate-wide business activities and decisions.
What You'll Be Doing
- Lead the ratemaking process, including rate indications, risk classification, rating plan design, and competitor analysis.
- Producing loss reserving analysis.
- Collaborating with other functional areas to execute rate reviews and gain regulatory approval for rate filings.
- Providing actuarial thought leadership by researching and advocating for applicable and appropriate techniques, methodologies, and best practices.
- Creating a high performing team of engaged employees, including coaching and providing feedback, delegating, and managing workflow, and monitoring and evaluating performance.
- Supporting corporate operational planning by producing premium and loss projections.
- Providing technical and analytical assistance to other functional areas in support of corporate goals.
- Assisting with statistical reporting to regulatory organizations and corporate partners.
- Continuing professional development to maintain actuarial credentials.
- Other related duties as assigned.
What You'll Need
- Bachelor’s degree required – preferably in actuarial science, mathematics, statistics, economics, or a related field.
- Associateship (ACAS) in the Casualty Actuarial Society required.
- Minimum of six years of property/casualty actuarial experience.
- Extensive knowledge of actuarial ratemaking techniques, especially for catastrophe-exposed personal and commercial property lines of business.
- Thorough knowledge of reserving techniques and basic accounting principles.
- Advanced knowledge of industry data sources and tools.
- Solid history of working effectively with regulators.
What's Great to Have
- Success in managing employee performance and development.
- Excellent communication skills, especially the ability to communicate technical information to a non-technical audience.
- Demonstrated comfort building and leveraging business relationships with other functional areas.
- Excellent proficiency in Excel, Access, and SQL.
- Proficiency in R or Python a plus.
Knowledge and Skills
- Strong planning skills
- Ability to be adaptable and flexible
- Ability to make decisions
- Collaborative
- Ability to handle stress and meet deadlines
- Integrity
- Proven leadership skills
- Dependability
Interested, but you don’t meet every qualification?
Please apply! Arbol values the perspectives and experience of candidates with non-traditional backgrounds and we encourage you to apply even if you do not meet every requirement.
Accessibility
Arbol is committed to accessibility and inclusivity in the hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you require an accommodation to apply or interview, please contact [email protected].
Benefits
Lilypad is proud to offer its full-time employees competitive compensation and benefits in a high-growth startup. Our health benefits include comprehensive health, dental, and vision coverage to support your health. We offer PTO for you to relax and recharge.
