Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! TMNAS adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.
Support the TMHD CIA department functions and staff by overseeing and/or performing actuarial analyses and calculations, preparing reports, participating in meetings, and contributing to various actuarial reserve and risk-related projects.
Essential Job Functions:
- Oversee and/or perform projects reviewing TMHD actuarial-related governance procedures. This may include preparing actuarial reserve and risk policies, reviewing governance-related submissions from individual TM group companies, and researching governance best practices and procedures.
- Oversee and/or prepare actuarial loss reserve reviews of individual TM group companies. This may include preparing and/or reviewing draft actuarial loss reserve reviews completed by actuarial analysts, including method selections, assumption selections, benchmarking/reasonability testing, and final reserve estimate selections.
- Oversee and/or conduct research to support the actuarial loss reserve process reviews performed on individual TM group companies, including recommending best practice improvements.
- Participate in projects involving activities related to loss reserving (e.g., loss reserve variability measurements, loss reserve benchmarking, accounting standards related to loss reserving, data visualization enhancements, potential new types of loss reserving methods).
- Manage research and assist project leaders on risk capital calculation reviews.
- Support individual research projects being performed by the International Actuarial Reserve Committee (IRAC) or those performed by the CIA department (e.g., emerging industry reserve risks, TMHD loss reserve dashboard compilation).
- Manage and mentor less experienced actuaries and other TMHD employees.
- Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at TMHD/TMNAS.
- Perform special projects and other duties as may be assigned.
- 5 to 10 years of prior property/casualty actuarial experience, with a minimum of three years of reserving experience.
- FCAS or ACAS qualification preferred, but minimum of five full actuarial exams completed.
- Strong understanding of statistical methods and actuarial tools and techniques.
- Strong knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving actuarial operational or process problems.
- Strong ability to understand alternative solutions that resolve problems in the best interest of the business.
- Demonstrated initiative to seek out work.
- Strong communication and leadership skills.
- Strong drive to accomplish goals.
- Superior analytical and reasoning skills with the capability to determine the root cause of actuarial-related problems.
- Strong attention to detail; ability to process actuarial-related information with high levels of accuracy.
- Ability to manage and work effectively as part of a team.
- Bachelor's degree with a concentration in mathematics, finance or economics preferred.
- Working knowledge of Microsoft Office, and strong knowledge of Microsoft Excel.
- Working knowledge of ResQ preferred.
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.