Head of Reserving – Specialty and Runoff

Company

Shared Services

Argo Group is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The Argo entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.

Job Description

The Head of Reserving manage and conduct US Operations and Runoff reserve related projects including review and analysis US Operations and Runoff segments reserves

This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Essential Responsibilities

• Lead the execution of quarterly analyses of gross and net reserves for the US Operations segment.
• Lead the execution of semi-annual analyses of gross and net reserves for the Runoff segment.
• Manage and develop staff responsible for performing US Operations and Runoff reserve reviews.
• Coordinate quarterly close activities with US Operations accounting and group accounting as needed.
• Prepare materials used in quarterly US Operations and Runoff reserve meetings and provide input to other reporting processes (Reserve Committee meeting material, quarterly reserve position walk, material for Group Audit Committee, etc.).
• Communicate reserve review results to business unit leaders.
• Assist the Chief Reserving Actuary in presenting reserve review results at quarterly reserve meetings.
• Interact with US Operations pricing, underwriting, claims and finance areas to improve processes and communication between the areas.
• Interact with IROC and Risk Management runoff claims and finance areas to improve processes and communication between the areas.
• Manage preparation of quarterly loss related GAAP disclosures and production of annual loss triangles included in the 10K.
• Lead Group technical provision calculations and produce associated actuarial opinions and reports.
• Coordinate production of quarterly capital model inputs for US Operations and Runoff.
• Continuous improvement of data, processes and reports to increase the efficiency of the US Operations and Runoff reserving and close processes and associated reporting
  
  

Qualifications / Experience Required

• Bachelor’s degree in Mathematics, Actuarial Science, Statistics or other related field frorm an accredited college or university
• 15 years property/casualty insurance experience, with 10 years specifically in reserving.
• Detailed knowledge of GAAP reporting requirements
• Advanced knowledge of property/casualty insurance.
• Advanced knowledge of property/casualty insurance.
• Ability to manage, develop and motiviate a team of professionals performing highly complex tasks.
• Excellent communication skills with the ability to convey technical concepts to non-technical audiences.
• Experience with Windows and Microsoft Office Suite (particularly Excel, Outlook, Word and PowerPoint).
• Ability to work with various data software such as SQL, VBA and Power BI.
• Experience with ResQ
  
  

Preferred Qualifications

• Fellow of the Casualty Actuarial Society
  
  

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, this position is eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

• Omaha, Richmond, and Albany Pay Range: $171,000 - $225,000
• Los Angeles, Chicago, and New York City Pay Range: $171,000 - $245,000
  
  

Please Note

Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.

If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.

Notice To Recruitment Agencies

Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.

We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.

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Benefits And Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program—including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.