Global Actuarial Analyst II- Hybrid, NYC

Marketing Statement:

Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! Tokio Marine North America Services adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.

Job Summary:

Supports GPA department functions and staff by performing actuarial analyses and calculations, preparing reports, participating in meetings, and participating in various actuarial projects.

Essential Job Functions:

• Support TMHD actuarial governance procedures for insurance liabilities. This could include assisting in the preparation of TM Group actuarial policies, reviewing governance-related submissions from individual group companies, and performing research on governance best practices and procedures
• Gather, prepare, and reconcile data for actuarial loss reserve reviews of individual group companies. Perform the first draft of the actuarial loss reserve reviews, including method selections, assumption selections, and final reserve estimate selections. These steps would be performed under the direction of one of the managers of the GPA department
• Assist in research to support the actuarial loss reserve process reviews performed on individual group companies by the GPA department, including recommending best practice improvements
• Support projects being performed by the International Actuarial Reserve Committee (IRAC) or those assigned to the GPA department. This could include TM Group reserve-related dashboard compilations, Reserving Modernization projects, and industry research and reporting
• Contribute to reviews of group-wide financial reporting for premium reserves and insurance liabilities for IFRS17 and ICS accounting standards
• Support projects undertaken by the GPA department actuarial modernization lead

Qualifications:

• 2+ years’ prior property/casualty actuarial experience
• 3+ actuarial exams completed
• Understanding of statistical methods and actuarial tools and techniques
• Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving actuarial, operational or process problem
• Ability to understand solutions that resolve problems in the best interest of the business
• Analytical and reasoning skills with the capability to determine the root cause of actuarial problems
• Ability to process actuarial-related information with high levels of accuracy
• Bachelor's degree with a concentration in math, finance or economics preferred
• Ability to work effectively as part of a global team
• Proficient in one or more coding language(s) e.g. R and/or Python
• Demonstrates curiosity and a problem-solving mindset
• Future-focused with an interest in application of AI

Salary range $104,000 to $116,000. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base

EEO Statement:

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status,  sexual orientation and/or any other status protected by law.