AVP, Actuary (Actuarial)

James River Management Company
United States, Virginia, Richmond
6641 West Broad Street (Show on map)
Sep 30, 2025
Come grow with James River Insurance! James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs. At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA. James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company. AVP, Actuary Job Summary The AVP, Actuary will manage, with oversight from the VP, Senior Actuary or SVP, Chief Actuary, all research, analysis and insights to support pricing, reserving, and portfolio management. Duties and Responsibilities: Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service Participate in the formulation of the Company's near and long-term goals and objectives, and the plans and programs directed toward their achievement Manage actuarial staff to include establishing and communicating departmental goals, setting individual performance goals, performance management and training Assist the VP, Senior Actuary and/or the SVP, Chief Actuary in the planning and development of the Company's basic systems of actuarial data and analysis Ensure uniform and consistent recording and reporting of all data with respect to external premium and loss reporting, and internal actuarial needs Provide assistance in the preparation and presentation of the Company's actuarial analysis Assist in establishing the company's system of program management through the routine analysis of data Interpret program results against planned performance Enforce Company policies and departmental guidelines and procedures Evaluate efficiencies of the team and departmental processes to identify gaps, and areas of improvement Knowledge, Skills and Abilities: Expert actuarial pricing and reserving skills Ability to set clear expectations, effectively monitor progress, provide constructive feedback and guidance, and hold staff accountable Advanced proficiency using databases (SQL & Access) Proficiency in MS Office (Word, Excel, Outlook) Expert modeling skills Advanced knowledge of reinsurance procedures Excellent written and verbal communication skills Strong analytical skills Ability to organize complex information and pay close attention to detail Ability to exercise sound judgement in making critical decisions Ability to effectively plan and delegate the work of others Ability to travel occasionally, including overnight travel Experience and Education: Bachelor's degree in related field required ACAS or FCAS designation preferred Minimum of 10 years of actuarial experience in the insurance industry required Minimum of one year of management or mentorship experience required #LI-AF1 #LI-Remote