What are the responsibilities and job description for the Senior Reserving Actuary position at Odyssey Group?
Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.
OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.
OdysseyRe is rated A (Superior) by AM Best and A (Strong) by Standard and Poor’s. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.
- Support the planning and execution of Odyssey’s Reserving Strategy across the Odyssey Group Companies globally; Odyssey Re, Hudson, Newline.
- Improve the Reserving Process for Odyssey Global Reserving by partnering with various global actuarial leaders to design and develop new ways to review reserves.
- Review (re)insurance transactions from an actuarial, capital, solvency, and profitability standpoint.
- Understand all underlying factors that contribute to Company performance.
- Provide support and input on the Annual Statement Process, Schedule P, and Quarter Close Process and IFRS 17 for Odyssey Group.
- Strong technical and analytical skills, including experience of using quantitative risk models.
- Leadership and managerial proficiencies, with the ability to influence both direct and matrixed reporting relationships.
- Good problem solver with the ability to understand business drivers and needs and be able to balance desired outcomes against potential risks and challenges.
- Familiarity with the use of “R” in analytics
- A Fellow of a relevant Actuarial Society and a Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or a related field.
- 15 years overall work experience, with a minimum of 10 years of relevant actuarial experience, including 5 years' supervisory experience.
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