Location: Uniondale,NY, USA
Gramercy Risk Management Chief Actuary
Gramercy is looking for a Chief Actuary to join their seasoned Executive Management team. The position will report to the Chief Operating Officer. Responsibilities include working with Executive Management and Department Heads in the areas of pricing, reserving, business monitoring, data analytics, product development and predictive modeling. The overriding objective is to assist the company consistently meet or exceed its corporate profitability and growth goals. We are looking to fill this role in our main office with some remote capability (3 days in office, 2 days work from home).
Specific responsibilities will include:
Work with the Executive Management in development and execution of Company strategies and plans.
Perform quarterly reserve analysis for program business managed by Gramercy.
Work with Underwriting to develop, monitor & and update reserve picks for all lines of business underwritten.
Work with Underwriting, Claims and Risk Management to identify data points within each department that will assist Executive Management in tracking Company profitability.
Work with IT and corresponding Department heads to enhance dashboard reporting tools specific to price monitoring and loss development.
Work with Underwriting to develop company specific pricing models & rates as needed.
Assist in developing actuarial support required in state rate filings for various lines of business/programs.
Assist Executive Management in the vetting/due diligence of new program opportunities.
Interface with Gramercy s appointed third-party actuary during quarterly and annual reviews.
Take the lead in building out and managing the actuarial function within Gramercy.
Requirements:
15+ years of related experience in a P&C insurance environment
Construction insurance experience a plus
Bachelor s degree or equivalent experience in related field
In-depth understanding of property-casualty insurance
Proficient skills in using MS Office along with general knowledge of digital applications
GRAMERCY RISK MANAGEMENT
Gramercy Risk is a rapidly growing New York-based property & casualty insurance company focused on developing and managing programs for specialty classes of business. We take pride in our comprehensive and integrated approach to analyzing and managing risk. Gramercy has extensive in-house experience in the areas of underwriting, claims and litigation management, loss control and risk management, regulatory and compliance, coverage analyses, and business management.
The compensation package includes salary commensurate with levels of skills and experience, a comprehensive benefit package including but not limited to:
Medical
Dental/Vision- Employer paid premium
STD, LTD, Life Insurance
401k with employer match
PTO and 12 paid holidays
Salary range: $250,000-300,000 annually