Head of Underwriting Risk Management

Job Details

Job Location: Boca Raton, FL 33487

As a strategic leader within NSD, the Director of Underwriting Risk Management will play a critical role in safeguarding the organization’s financial resilience and informing high-impact business decisions. This position is responsible for leading the actuarial team with the development and execution of actuarial models, financial forecasts, and risk analyses that guide pricing, reserving, and long‑term strategic planning. The successful candidate will serve as a trusted advisor to senior leadership, contributing expert insights that shape product design, risk management, and overall financial strategy.

• Strategic Risk Analysis: Lead the evaluation of complex data sets to assess the probability and financial impact of future events including claims experience, economic shifts, and emerging market risks.
• Advanced Financial Modeling: Develop and refine actuarial models that support pricing strategies, reserving policies, loss projections, and capital management.
• Forecasting & Scenario Planning: Deliver forward‑looking projections on claims, profitability, investment performance, and reserve adequacy to support enterprise‑wide planning.
• Regulatory & Compliance Oversight: Ensure full compliance with applicable actuarial standards, solvency frameworks, and regulatory reporting requirements at both national and provincial levels.
• Product Innovation: Partner with Product, Sales, and Operations teams to design, price, and refine new insurance and warranty programs that meet customer needs and support growth objectives.
• Stakeholder Communication: Translate technical actuarial findings into actionable insights for executive leadership, board members, regulators, and partners through high‑impact presentations and reporting.
• Enterprise Risk Management (ERM): Identify and monitor evolving risk factors; support enterprise risk frameworks that ensure financial stability and optimize capital efficiency.
• Leadership &
  
  Collaboration:
  
  Provide mentorship to junior actuarial staff, foster cross‑functional collaboration, and contribute to a culture of continuous learning and performance excellence.
• Continuous Improvement: Lead initiatives to streamline actuarial operations, enhance model accuracy, and integrate new tools or methodologies that elevate analytical capabilities.

• Education:
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related discipline required.
  • Master’s degree or MBA preferred.
• Professional Credentials:
  • Fellow of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) required.
• Experience:
  • Minimum 5–7 years of actuarial experience, with demonstrated progression into leadership roles.
  • Prior experience in insurance, warranty, or financial services strongly preferred.
  • Experience with regulatory frameworks (IFRS 17, Solvency II, NAIC, etc.) is a plus.
• Technical Expertise:
  • Proficiency in actuarial modeling and statistical tools (e.g., Prophet, AXIS, Emblem).
  • Strong command of analytical programming languages (e.g., Python, R, SAS, SQL).
  • Deep understanding of risk, financial theory, and capital modeling.
• Leadership & Communication:
  • Proven ability to lead teams, influence stakeholders, and deliver strategic insights across functions.
  • Exceptional verbal and written communication skills with the ability to convey complex technical content to non‑technical audiences.

• Expertise in Technical Accounting: Strong foundation in accounting principles with the ability to interpret complex financial data and regulatory requirements.
• Analytical and Strategic Thinking: Sharp critical thinking skills with a solutions‑oriented mindset; able to connect data insights to broader business strategies.
• Innovative Problem Solving: Brings creativity and initiative to develop effective solutions to complex challenges.
• Proactive Leadership: Self‑motivated and results‑driven, with the ability to work independently and lead cross‑functional initiatives without close supervision.
• Agility in Fast‑Paced Environments: Comfortable operating under pressure and managing multiple…