AVP, Actuary Portfolio Management

MS Transverse Continues to Grow!

Company Overview:

MS Transverse is a subsidiary of MSIG USA and part of MS&AD Insurance Group Holdings, one of the 10 largest P&C insurance companies in the world.

MS Transverse is dedicated to the global program market and partners with MGAs, program administrators, and general agents to offer a full suite of insurance services.

We believe that by aligning the interests of all parties involved in our programs – distribution partners, MS Transverse, and the reinsurance community – we can deliver outsized results to a market in need of responsible actors with experience and expertise.

Job Description:

Location: This position can be based out of our New Jersey office or our New York City office. For the right candidate, this position can be remote.

1. Reserving process & platform modernization

• Help lead the transition of the reserving process from Excel to a Python-based platform — building reproducible, auditable reserving pipelines
• Support monthly, quarterly and year-end reserve analysis across MST entities, including selection of development methods appropriate to program maturity and data credibility
• Contribute to Statement of Actuarial Opinion (SAO) deliverables and the supporting actuarial report, coordinating with the appointed actuary Perform actuarial analysis and make reserve selections and recommendations
• Peer-review reserve analyses prepared by other actuarial staff

2. Renewal due diligence framework

• Serve as senior contact with Operations and other groups to further enhance the renewal process so it can be applied consistently across the program portfolio
• Build the framework end-to-end — scope, structure, calculations, documentation — and drive adoption across the team
• Partner with pricing and program stakeholders to embed the framework into the renewal cycle
• Monitor rate change and opine on rate adequacy, partnering with underwriting to inform renewal decisions

3. Portfolio management & analysis

• Monitor portfolio performance versus expectations across the MGA book and surface emerging trends
• Lead projects independently end-to-end with minimal supervision
• Develop and enforce documentation standards so analysis is consistent, reproducible, and auditable across the team
• Provide mentorship and technical guidance to actuarial staff

Ideal candidate profile

Must have:

• 10+ years of P&C actuarial experience
• Career ACAS or FCAS designation
• Direct programs / MGA / delegated authority experience
• Strong reserving background, including familiarity with SAO obligations and ASOP compliance
• Familiarity with SAP and IFRS requirements
• Working proficiency in Python for reserving workflows, and strong Excel skills
• Demonstrated ability to run projects independently end-to-end
• Strong understanding of P&C reserving and pricing fundamentals

Preferred:

• Experience modernizing reserving processes from spreadsheets to code
• Reinsurance & ceded reserving knowledge
• Familiarity with the chainladder Python package or comparable reserving automation tools
• SQL and Git / GitHub familiarity
• Exposure to fronting carrier structures
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field

Job Requirements/Qualifications:

• Healthcare and Retirement Benefits
• Comprehensive medical, dental, and vision coverage
• 401(k) with a generous employer match and profit-sharing contribution
• Wellness incentive program
• Life and accidental death and dismemberment (AD&D) insurance
• Flexible spending programs
• Short-term and long-term disability plans

• Paid time off program
• Paid charitable leave
• Paid parental leave
• Tuition reimbursement program
• Personal insurance (auto/homeowners) discounts

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

It is the policy of MS Transverse to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MS Transverse will provide reasonable accommodations for qualified individuals with disabilities.