NextEra Energy

Manager Risk and Actuarial Services

LocationNorth Palm Beach, FL
Job TypeFull-time

About This Job

At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.


Position Specific Description

This role will play a critical part in the actuarial reserving process and integrate with the underwriting, claims, finance, operations, and analytics teams in the development of the overall business strategy. The position will also work with the company’s economic capital model, industry capital models, and financial forecasting models.

This highly visible role is a critical component of the actuarial functions of a P&C insurance company. This role will have significant input in the development of actuarial models and will play a lead in various actuarial projects. This role is designed for the credentialed actuary willing to make an impact in an evolving insurance company.

The ideal candidate will be responsible for the following job duties and responsibilities:

Works with underwriting and claims teams to ensure the appropriateness of actuarial loss reserve methods and assumptions
Monitors the company’s aggregate risk exposures by geographic region and exposure, and produces quarterly reserve studies covering 100% of company’s (re)insurance exposures
Provides feedback to management and underwriting teams on the performance of individual programs and books of business
Coordinates with outside actuaries to produce the annual third-party actuarial report
Supports Financial Reporting in the preparation of financial reports and presentations
Informs management and other team members of market changes and emerging trends
Makes key contributions in the development and implementation of various actuarial models
Understands, discusses, and applies existing and new actuarial concepts and techniques to analyze data in support of actuarial functions
Keeps up to date on professional continuing education requirements by attending industry webinars, Casualty Actuarial Society events, and other relevant seminars
Performs other job-related duties as assigned

In addition to the requirements listed below, the ideal candidate will also have the following:

Proficient computer skills in MS Office Suite
Excellent communication and presentation skills; proven ability to adapt in a growing and evolving work environment
Ability to work independently, multitask, stay organized, and enjoy fostering collaborative relationships


Job Overview

This role will be responsible for the management of risk and actuarial functions. The position will drive the analysis to quantify risk and financial consequences and monitor aggregation across the portfolio. The role will develop and execute required actuarial pricing and reserving functions. The employee will work closely with the underwriting, claims, finance, operations and analytics teams and executive leadership in the development of the overall business strategy.


Job Duties & Responsibilities

Establishes and maintains risk tolerance strategies and manages the preparation of all documentation related to risk assessments

Identifies and highlights any risks, including economic, financial, and geopolitical risks that may affect a company’s short-term or long-term objective
Delivers comprehensive portfolio exposure management information through establishment of guidelines incorporating modeling and analytics
Evaluates performance and pricing of different insurance and reinsurance programs and the financial impact of those programs
Liaises with the catastrophe risk modeling functional area as respects catastrophic aggregation analysis
Drives reserving process including initial expected loss ratios, loss development factors, required IBNR and establishes reserve practices for quarterly performance updates
Works with underwriting and claims teams to build complex specialty models to assess risk and develop pricing strategies for a range of risk exposures
Supports financial organization in the preparation of internal and external (statutory) financial reports an presentations
Performs other job-related duties as assigned


Required Qualifications

Bachelor's Degree

Experience: 8+ years
Leadership Experience: 2+ years


Preferred Qualifications


Master's Degree

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group: Exempt

Employee Type: Full Time Job Category: Finance, Accounting & Business Analytics Organization: Palms Management Services, LLC Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

Similar Jobs

company-logo

Manager Risk and Actuarial Services

NextEra Energy
Job TypeFull-time
 
North Palm Beach, FL
29 days ago
company-logo

Sr Manager, Risk and Actuarial Services

NextEra Energy
Job TypeFull-time
 
North Palm Beach, FL
about 1 month ago
company-logo

Manager, Risk Management

National Grid
Job TypeFull-time
Salary
$150000 - $177000
Syracuse, NY
14 days ago
company-logo

Risk Manager

DOWL
Job TypeFull-time
 
Portland, OR
about 1 month ago
company-logo

Risk Manager

Power Design, Inc.
Job TypeFull-time
 
Saint Petersburg, FL
about 1 month ago
company-logo

Senior Manager Risk, Insurance and Claims

Citizens Energy Group
Job Typefull_time
 
Indianapolis, IN
12 days ago
company-logo

Associate Risk Manager

Chevron
Job TypeFull-time
 
Houston, TX
19 days ago
company-logo

Insurance Risk Manager

Techline, Inc.
Job TypeFull-time
 
Austin, TX
about 1 month ago
company-logo

Risk Manager (Corporate Shared Services)

DOWL
Job TypeFull-time
 
Vancouver, WA
about 1 month ago
company-logo

Director of Risk Management

Saunders Construction
Job TypeFull-time
Salary
$150000 - $225000
Englewood, CO
about 1 month ago
company-logo

Safety & Risk Manager

The Doughnut Peddler
Job TypeFull-time
 
Chandler, AZ
27 days ago
company-logo

Supervisor Risk Management

Gibson Energy
Job Typefull_time
 
AB
about 1 month ago
company-logo

Security and Risk Manager

World Kinect Corporation
Job TypeFull-time
 
Houston, TX
about 1 month ago
company-logo

Risk Manager - Telecom

UtilitiesOne
Job TypeFull-time
 
Kent
22 days ago
company-logo

Physical Security and Risk Manager

World Fuel Services
Job Typefull_time
 
Houston, TX
21 days ago
company-logo

Insurance Risk Management Specialist

Axis Energy Services
Job Typefull_time
 
Dallas, TX
26 days ago
company-logo

Compliance and Risk Specialist

Horrocks
Job TypeFull-time
 
Pleasant Grove, UT
about 1 month ago
company-logo

Risk Management Coordinator

Wohlsen Construction
Job TypeFull-time
 
Lancaster, PA
about 1 month ago
company-logo

Manager - Health & Safety

Mesabi Metallics
Job Typefull_time
 
Nashwauk, MN
25 days ago
company-logo

Safety & Compliance Manager

Paulding Putnam Electric Cooperative, Inc.
Job TypeFull-time
Salary
$88000 - $102000
Paulding, OH
28 days ago

Trending Jobs

company-logo

Foundry Professionals

Penticton Foundry
Job TypeFull-time
 
British Columbia, Canada
about 1 month ago
company-logo

Deckhand

Ballard Marine Construction
Job TypeFull-time
 
Bradenton, FL
about 1 month ago
company-logo

LCL66 Apprentice Lineman Distribution

CenterPoint Energy
Job TypeFull-time
 
Houston, TX
about 1 month ago
company-logo

HSE Operations Manager

ProPetro Services, Inc
Job Typefull_time
 
Midland, TX
19 days ago
company-logo

Apprentice Lineman

N Line Electric
Job TypeFull-time
Salary
$68640 - $106080
Longmont, CO
about 1 month ago
company-logo

Lineman, Apprentice

Imperial Irrigation District
Job TypeFull-time
Salary
$82706 - $95679
Imperial, CA
about 1 month ago
company-logo

Manager, IT - BMO

Constellation
Job Typefull_time
 
Kennett Square, PA
26 days ago
company-logo

EAST VALLEY NIGHT BILINGUAL JANITORIAL UNIT MANAGER( MESA,CASA GRANDE, GILBERT)

ENVIRONMENT CONTROL
Job TypeFull-time
Salary
$41600 - $47840
Mesa, AZ
about 1 month ago
company-logo

Inventory Materials Specialist

HF Sinclair
Job Typefull_time
 
Artesia, NM
12 days ago
WO

Field Service Technician

Westar Oilfield Rentals Inc
Job TypeFull-time
 
Fort St. John, BC
26 days ago
company-logo

Mechanic Class B (Day Shift)

Hydro
Salary
$66560 - $66560
Industry, CA
24 days ago
company-logo

Asset Management Intern_PTIN5C

ENGIE North America Inc.
Job Typeinternship
 
Houston
23 days ago
company-logo

Quality Plus Store Associate

Quality Oil Company LLC
Job TypePart-time, Full-time
 
Halifax, VA
about 1 month ago
S

Electrical Lineman

Smarthire
Job TypeFull-time
Salary
$62400 - $72800
Austin, TX
about 1 month ago
AW

Water Well Driller

Able Well Drilling
Job TypeFull-time
Salary
$45760 - $83200
Bowling Green, OH
about 1 month ago
company-logo

Quality Inspector

ACCIONA
Job Typefull_time
 
British Columbia, Canada
26 days ago
company-logo

Electrician (Residential Solar)

Freedom Forever
Job TypeFull-time
 
Tucson, AZ
about 1 month ago
company-logo

Heavy Truck Driver

Halliburton
Job TypeFull-time
 
Bossier City, LA
about 1 month ago
company-logo

HVAC Sales Comfort Advisor

Quality Degree, Inc.
Job TypeFull-time
Salary
$64924 - $200000
Royersford, PA
about 1 month ago
LE

Préposé(e) à l'entretien ménager

Les Entretiens Uni-Net Inc.
Job TypePart-time
 
Montréal, QC
about 1 month ago

Notice: The inclusion of job postings or company information on our platform does not imply endorsement, partnership, or affiliation. Listings may include publicly available roles from various sources, and companies shown may not have a direct relationship with Energy Hire.