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iShare Inc

Casualty Reserving Actuary - FCAS

Posted 2 hours ago
$50 - $55 per hour
10+ years experience
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AI Summary

Conduct reserve adequacy studies for construction wrap-up insurance programs including CCIP and OCIP. Review claims experience and loss development to deliver actuarial reports and opinion letters.

Senior Casualty Reserving Actuary – FCAS
Location: United States | Duration: 4–6 weeks
Seeking an experienced actuarial consultant to assess reserve adequacy for construction wrap-up insurance programs.
Responsibilities
  • Conduct reserve adequacy studies for Contractor-Controlled and Owner-Controlled Insurance Programs (CCIP/OCIP).
  • Review claims experience, loss development, reserve assumptions, and potential reserve deficiencies.
  • Evaluate probabilistic reserve scenarios, including P50/P70/P80, using stochastic methods.
  • Deliver a concise actuarial report with recommendations and the required opinion letter.
Required qualifications
  • FCAS (Fellow, Casualty Actuarial Society) — mandatory.
  • 10+ years of P&C casualty reserving experience.
  • Demonstrated experience conducting CCIP/OCIP/wrap-up reserve adequacy studies.
  • Experience with stochastic reserving and percentile-based reserve scenarios.
  • US-based and qualified to issue the required opinion letter in the applicable jurisdiction.
  • Available for a 4–6 week consulting engagement.

This is a remote position.

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