Lead Capital Actuary

Company

Shared Services

Argo and Farm Family are specialty property and casualty insurance brands whose underwriting companies are wholly-owned subsidiaries of Clearbrook Holdings Inc. Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence.

Job Description

Summary:

The main purpose of the Lead Capital Actuary is to lead the regulatory and rating agency capital models for Clearbrook and support the CRO with all aspects related to capital management strategy. Active collaboration and regular communication with key stakeholders and business partners across finance, actuarial, ceded, risk management, and other functions is an important part of this role.

This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Essential Responsibilities:

• Develop and refine the capital, liquidity, and dividend strategy, working with CRO, CFO, and the CEO
• Build out a real-time view of capital position and a forecasted view aligned with business plans
• Design and implement a framework to maximize capital efficiency and fungibility across the organization
• Embed capital metrics and modelling into strategic management decision-making
• Own the operation and delivery of the function’s objectives
• Further establish and develop a model to support portfolio optimization and underwriting strategy
• Provide timely and accurate capital metrics to senior management, regulatory bodies, and rating agencies
• Improve model governance including documentation and processes
• Lead the production of a capital dashboard on a quarterly basis that provides a clear view of the solvency position of the group across regulatory and rating agency models
• Work closely with CRO and ERM function to support risk management activities, including designing, building, and operating stress and scenario modelling tools to assist with the ORSA
• Management of end-to-end projects
• Ability to build processes and help shape developing projects
• Ability to influence and communicate effectively
• Integral part of the current design and future development of capital strategy

Qualifications / Experience Required:

• Bachelor’s degree from an accredited college or university, preferably in Mathematics, Actuarial, Finance, or Science
• Qualified actuary
• 8+ years of experience required
• Experience in leading or working on all areas of a capital function including modelling, analysis, and communicating results
• Knowledge of factor-based models, especially US RBC and BCAR
• Strong interpersonal and stakeholder management skills
• High degree of numeracy - ability to analyse data and make sound expert judgements
• Ability to work with limited resources to reach successful outcomes
• Excellent analytical and abstract reasoning skills and strong organizational skills
• Project management and planning skills
• Ability to mentor and develop others
• Excellent communication skills
• Ability to articulate position and obtain buy-in from different functions

Preferred Qualifications/Experience:

• Understanding of different accounting standards – US GAAP, US STAT, Economic, etc.
• Exposure to NAIC Own Risk & Solvency Assessment (ORSA) regulations and practices
• Knowledge of CAT models and asset models

Salary Range:

• Albany and Chicago Pay Range: $151,000 - $181,000
• New York City Pay Range: $165,000 - $198,000

PLEASE NOTE:

Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.

Benefits and Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program—including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.

Core Values

At Clearbrook, our Core Values are Integrity, Collaboration, Pursuit of Excellence, and Forward Thinking. These values reflect who we are today and who we aspire to be - guiding how we work, how we lead, and how we succeed.