P&C Actuary at RSM: Remote Opportunity

Are you an experienced Property & Casualty (P&C) Actuary looking for a challenging and rewarding remote opportunity? RSM, a leading provider of professional services to the middle market, is seeking a talented and motivated P&C Actuary to join our Risk & Regulatory Consulting team. In this role, you'll provide valuable insights to insurance regulators and have a significant impact on the insurance marketplace. If you're passionate about actuarial science and eager to contribute to a dynamic and growing firm, we encourage you to apply!

Role Overview

As a P&C Actuary at RSM, you'll be an integral part of a team of industry professionals working on regulatory consulting and other insurance-related engagements. Your primary responsibilities will involve:

• Assessing reserving, pricing/underwriting, capital, and reinsurance risks for property/casualty insurers.
• Reviewing complex rate filings to ensure reasonableness and compliance.
• Assisting audit teams with financial statement accrual assessments.
• Participating in special projects like industry research and market conduct examinations.
• Coordinating internal resources and providing strategic advice to project teams.
• Documenting findings and ensuring adherence to actuarial standards.
• Communicating effectively with clients and project teams.

In addition to client work, you'll also contribute to business development by cultivating client relationships and enhancing our tools and templates. This role offers significant opportunities for advancement and professional growth within RSM.

A Day in the Life

Here's a glimpse into a typical day as a P&C Actuary at RSM:

1. Morning: Review project updates and prioritize tasks for the day. Participate in a team meeting to discuss project progress and address any challenges.
2. Mid-day: Analyze insurance company reserves, pricing models, or capital adequacy using actuarial techniques and software. Prepare documentation summarizing findings and recommendations.
3. Afternoon: Collaborate with colleagues from other departments (e.g., audit, tax) to provide comprehensive solutions to clients. Present findings to clients and answer their questions.
4. Late Afternoon: Work on business development activities, such as preparing proposals or attending industry events. Contribute to internal knowledge sharing by developing training materials or writing articles.

Why Remote?

This position is fully remote, allowing you to work from any location within the United States. RSM recognizes the importance of work-life balance and offers a flexible work environment. Working remotely provides numerous benefits, including:

• Flexibility: Manage your own schedule and work from a location that suits your needs.
• Work-Life Balance: Reduce commute time and enjoy more time with family and personal interests.
• Cost Savings: Save money on commuting expenses, office attire, and lunches.
• Increased Productivity: Studies have shown that remote workers are often more productive and engaged.

Career Path

RSM is committed to providing opportunities for career growth and advancement. As a P&C Actuary, you can progress through various levels, such as:

• Senior Actuary: Lead larger and more complex projects, mentor junior staff, and contribute to business development.
• Manager: Oversee multiple projects and teams, develop and implement strategies, and manage client relationships.
• Senior Manager/Director: Lead a practice area, manage a team of managers, and contribute to the firm's overall strategy.
• Partner: Become an owner of the firm and play a key role in its leadership and direction.

Salary & Benefits

RSM offers a competitive salary and benefits package commensurate with experience. The estimated salary range for this position is $130,000 - $190,000 per year. In addition to salary, RSM provides a comprehensive benefits package, including:

• Health, dental, and vision insurance
• Paid time off and holidays
• 401(k) retirement plan with company match
• Employee stock purchase plan
• Life insurance and disability coverage
• Professional development and training opportunities
• Tuition reimbursement program

RSM Culture

At RSM, we believe that our people are our greatest asset. We foster a culture of collaboration, innovation, and respect. We are committed to creating an inclusive environment where everyone can thrive. Our core values include:

• Client First: We put our clients' needs first and strive to exceed their expectations.
• Respect: We treat everyone with respect and value their contributions.
• Integrity: We act with honesty and integrity in all that we do.
• Teamwork: We work together to achieve common goals.
• Excellence: We strive for excellence in all that we do.

How to Apply

If you're interested in joining the RSM team as a P&C Actuary, we encourage you to apply online through our careers website. Please submit your resume and a cover letter highlighting your relevant experience and qualifications.

FAQ

1. What are the required qualifications for this position?

   A Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics is required. A minimum of 10+ years of professional experience in Property and Casualty insurance, financial services, or consulting is also necessary. ACAS, FCAS, or MAAA designations are preferred.

2. What software skills are important for this role?

   Proficiency in Microsoft Excel is essential, as well as experience with other software used for presentations, spreadsheets, and project planning. Skills in TeamMate, Access, and Visual Basic are a plus.

3. What opportunities are there for professional development at RSM?

   RSM offers a variety of professional development opportunities, including training programs, mentorship programs, and tuition reimbursement.

4. What is the work-life balance like at RSM?

   RSM is committed to providing a supportive work environment and promoting work-life balance. This remote position offers flexibility and allows you to manage your own schedule.

5. What are the key responsibilities of a P&C Actuary at RSM?

   The key responsibilities include assessing risks, reviewing rate filings, assisting audit teams, participating in special projects, and communicating with clients.

6. Is travel required for this position?

   Travel is minimal for this remote position, but may be required occasionally for client meetings or training events.

7. What is the company culture like at RSM?

   RSM fosters a culture of collaboration, innovation, and respect. We are committed to creating an inclusive environment where everyone can thrive.

8. How does RSM support its employees' well-being?

   RSM offers a comprehensive benefits package that includes health insurance, wellness programs, and an employee assistance program.

9. What is the interview process like?

   The interview process typically involves a phone screening, followed by one or more virtual interviews with members of the hiring team.

10. What are the opportunities for advancement at RSM?

    RSM offers numerous opportunities for advancement, with career paths leading to Senior Actuary, Manager, Senior Manager/Director, and Partner.