Senior Reserving Analyst

Summary

Join Next Insurance, a rapidly growing Silicon Valley startup, as a Senior Reserving Analyst. You will play a key role in building and driving the reserving process, contributing directly to crucial business decisions and financial projections. This highly visible position involves enhancing profitability dashboards, assisting with reserving processes using Arius software, building benchmark tools, preparing presentations, and translating results into actionable recommendations for the executive team. The ideal candidate possesses a strong quantitative background, relevant experience in property & casualty insurance, and excellent analytical and communication skills. Next Insurance offers a competitive salary, equity participation, and a comprehensive benefits package.

Requirements

• BA/BS in actuarial science, statistics, or a quantitative discipline
• 2-3 years of working experience in property & casualty insurance, preferably in reserving functions
• Technical proficiency in MS Office (especially Microsoft Excel), SQL
• Ability to break down and solve complex problems with strong business acumen & data driven techniques
• Excellent attention to detail and organizational skills, ability to multitask in a fast-paced environment with competing and shifting priorities
• High degree of reliability and integrity
• Team player with strong interpersonal skills, with good written and verbal communication skills

Responsibilities

• Enhance existing profitability monitoring dashboards which serve as company-wide communication on current state of the insurance segments
• Assist with reserving processes which include maintaining data templates, apriori initial loss ratio calculations, and ensuring integrity of data inputs into Arius reserving software
• Build benchmark tools, including loss trends, loss development factors and excess loss factors that will be used cross-functionally
• Assist with preparation of Board and Audit presentation material
• Build dashboards to aid in monitoring actual versus expected loss emergence and identifying drivers to unexpected results
• Translate reserving results into cross-functional recommendations and strongly communicate them to executive team

Benefits

• Partially subsidized medical plan
• Fully subsidized vision/dental options
• Life insurance
• Disability insurance
• 401(k)
• Flexible paid time off
• Parental leave
• Equity incentive program