VP - Head of Actuarial Reserving

VP - Head Of Reserving & Appointed Actuary About the role: We are seeking a highly experienced and strategic VP, Head of Reserving & Appointed Actuary to lead and modernize the reserving function. This role is responsible for setting the enterprise reserving vision, ensuring reserve adequacy and transparency, and positioning reserving as a key pillar of financial strength and risk management. The ideal candidate brings deep expertise in P&C reserving, particularly in personal lines, combined with a proven ability to lead high-performing teams and evolve traditional reserving practices into a forward-looking, data-driven, and insight-led function. This individual will operate as a senior leader, influencing business strategy and providing critical perspective on financial results, capital, and risk. Compensation $225,000 – $300,000 base salary + bonus + 401(k) match + comprehensive benefits

Work Environment

This is a remote role with the expectation of periodic in-person collaboration. Candidates must be based near New York, Boston, Chicago, or Charleston to support occasional office attendance and leadership meetings. What you'll do: Strategic Leadership

• Define and execute the enterprise reserving strategy, aligned with financial objectives, capital management, and risk appetite
• Lead, develop, and scale a high-performing reserving team, building strong technical depth and leadership capability
• Act as a key advisor to senior leadership, translating reserve insights into clear, actionable business recommendations

Reserving & Financial Oversight

• Lead the quarterly and annual reserving process, including setting best estimate reserves and recommending booking positions
• Oversee reserving methodologies, assumptions, and analyses across all lines of business
• Ensure reserve adequacy, consistency, and transparency, with clear articulation of key drivers and uncertainties
• Partner closely with Finance on financial close, earnings, and reserve-related disclosures

Appointed Actuary Responsibilities

• Serve as the Appointed Actuary, signing Statements of Actuarial Opinion (SAO) and producing Actuarial Reports
• Ensure full compliance with actuarial standards of practice (ASOPs) and regulatory requirements
• Maintain strong relationships with regulators, auditors, and external stakeholders

Cross-Functional Partnership

• Collaborate with Claims leadership to incorporate operational trends and changes into reserve estimates
• Partner with Pricing and Underwriting to ensure alignment between pricing assumptions, loss trends, and reserve outcomes
• Support enterprise risk management, capital modeling, and reinsurance strategy

Modernization & Innovation

• Lead the modernization of the reserving function, including tools, data, and operating model
• Introduce advanced analytics and improved monitoring to enhance reserve insights and responsiveness
• Establish scalable, efficient reserving processes and promote a culture of continuous improvement

What we're looking for: Experience & Expertise

• FCAS and MAAA required
• 10+ years in P&C actuarial roles, with significant reserving experience
• Prior experience serving as, or directly supporting, an Appointed Actuary preferred
• Strong expertise in reserving methodologies, including loss development, Bornhuetter-Ferguson, and stochastic techniques
• Deep understanding of regulatory requirements and actuarial standards

Leadership & Business Acumen

• Proven ability to build and lead high-performing teams
• Strategic and commercially aware, with strong stakeholder engagement skills
• Experience influencing senior leadership and board-level discussions
• Demonstrated ability to drive change and enhance actuarial processes

Technical & Analytical Skills

• Strong actuarial reserving expertise with the ability to interpret complex data and emerging trends
• Experience with modern data environments and actuarial tools
• Proficiency in Python and/or R preferred

Preferred Qualifications

• Degree in Actuarial Science, Mathematics, or related field
• Experience across multiple personal lines products (e.g., homeowners, auto, umbrella)
• Exposure to capital modeling, reinsurance, or enterprise risk management

If you are interested in learning more or would like to be considered, please reach out to the James Search Group team directly or apply via LinkedIn with your resume. Our client is an equal opportunities employer and welcomes applications from all qualified individuals. Apply tot his job Apply To this Job