Actuary
Location: On-site in Richmond, VA office
Company Overview
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
Position Overview
We are now seeking an Actuary to join our growing team. This is a unique opportunity to play a critical role in the expansion of the company’s actuarial department.
The Actuary will report directly to the Chief Actuarial Officer and contribute to a range of business decisions based on actuarial analysis and forecasting to maximize profit and growth. The ideal candidate will have 3-5 years of P&C actuarial experience, be in pursuit of or hold the ACAS designation, and have experience programming in Python.
Responsibilities
- Ongoing product line analyses of rates and results.
- Pricing and reserving for product lines.
- Rate change monitoring.
- Programming to automate actuarial and data-related tasks.
- Data-sharing with executive team and staff underwriters.
- Work cross-functionally to aid in the development of internal tools and products.
- Respond to ad hoc requests from product line and executive leaders.
- Other actuarial work as assigned.
Qualifications
- Bachelor’s degree in actuarial science, mathematics, data science, statistics, or related subjects.
- 3+ years of relevant actuarial experience.
- ACAS designation or close to obtaining ACAS.
- Proven programming experience with Python, R, Java, or C (Python preferred).
- Property & casualty experience required. Excess & surplus lines experience is a plus.
- Excellent time management and organizational skills.
- Excellent analytical ability.
- Strong written and verbal communication skills.
Benefits Overview
- Medical, Dental, and Vision insurance plans. FSA/HSA plans.
- Basic Life/AD&D/Short Term/Long Term Disability coverage.
- Matching 401k: 100% match on first 3%, 50% match on next 3%.
- Flexible PTO plan, 12 paid company-wide holidays, plus your birthday off.
- Recognized as a Top Workplace by Richmond Times-Dispatch
Equal Employment Opportunity (EEO)
Richmond National is an equal employment opportunity employer, the Company’s employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions or on any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.