Crop Actuarial Lead

Primary Details

Time Type: Full time

Worker Type: Employee

The Opportunity:

The Crop Actuarial Lead will manage and enhance the crop insurance reserving process and will help drive the company's portfolio optimization strategy.

This unique actuarial role will also work closely with the Actuarial, IT, Claims, and Accounting teams to gather relevant data to provide insights into trends, forecasts, and reserving enhancements.

Location: Chicago, IL, Ramsay, MN, Sun Prairie, WI, New York, NY, Atlanta, GA

Work Arrangement: Hybrid

Salary Range: $105,000 - $197,000

Your new role:

• Expand in-season forecasting capabilities by designing and developing models to establish crop reserves and IBNR.
• Conduct portfolio analytics to understand key industry trends, identify growth opportunities, and make optimal reinsurance decisions.
• Build and develop tools and analytics to communicate seasonal and market impacts on forecasts.
• Provide timely, robust reserve estimates and communicate trends to senior management.
• Meet all internal and external reporting requirements (e.g., actuarial, risk, and finance).
• Maintain consistency in assumptions between reserving, business planning, capital modeling, and technical pricing.

Required Qualifications:

• Significant relevant work experience in general insurance, actuarial services, and corporate or consulting environments.
• Tertiary Degree or equivalent combination of education and work experience.
• Relevant Actuary society certification, such as Fellow-Casualty Actuary Society (FCAS) or Fellow of the Institute of Actuaries (FIA).

Preferred Experience:

• Experience in working with large data sets and proficiency in SAS, SQL, and VBA.
• Extensive experience in the insurance industry involving data analysis, systems, and projects.
• Management experience in the general insurance sector.
• Crop insurance industry experience preferred.
• Experience in corporate or consulting environments, with a focus on general insurance.
• Experience in leading operational processes and providing technical analysis insights.
• Strong analytical and problem-solving skills, along with clear written and verbal communication abilities.
• Experience working with senior management and professionals in the industry.
• Familiarity with actuarial services and various types of insurance.
• Meets the relevant continued professional development requirements.

Compensation Package: The salary range for this role is provided above. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience.

Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance.

We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances.

• Hybrid Working: a mix of working from home and in the office.
• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis.
• Competitive 401(k) program with company match up to 8%.
• Well-being program: including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice.
• Tuition Reimbursement: for professional certifications, and continuing education.
• Employee Network and Community: QBE actively supports six Employee Networks, and many ways to give back to your community.

Why QBE? What if you could have a positive impact – at work and in the world?

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people.

We’re building momentum to achieve something significant and know our people are at the center of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most.

As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented, and kind.

Join us now, so you can be part of our success – and we can be part of yours!

Commitment to Diversity: QBE is committed to providing reasonable accommodation to individuals with disabilities and disabled veterans.

If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request.

Equal Employment Opportunity: QBE provides equal employment opportunities to applicants and employees without regard to race, color, gender, gender identity, sexual orientation, religious practices and observances, national origin, pregnancy, childbirth, or related medical conditions, protected veteran status, or disability or any other legally protected status.

Skills: Actuarial Science, Coaching for success, Collaboration Tools, Commercial Acumen, Critical Thinking, Financial Risk Management (FRM), Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Reinsurance, Stakeholder Management, Strategic Management, Strategic Thinking, Team Management.

How to Apply: To submit your application, click "Apply" and follow the step-by-step process.