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Founding Actuary

Job in Elgin, Kane County, Illinois, 60122, USA
Listing for: Corgi Insurance
Full Time position
Listed on 2026-07-02
Job specializations:
  • Insurance
    Actuary, Risk Manager/Analyst, Insurance Analyst, Insurance Risk / Loss Control
  • Finance & Banking
    Actuary, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 150000 - 250000 USD Yearly USD 150000.00 250000.00 YEAR
Job Description & How to Apply Below

Location: Atlanta, GA / Chicago, IL / Salt Lake City, UT / Remote (US)

Experience: 11+ years

Compensation: $150,000 - $250,000 base + ~0.01% equity (~$120,000)

Visa Sponsorship: US citizen/visa holders only

About Corgi

Corgi is an insurance holding company forming Risk Retention Groups and captive insurance entities. We use technology to streamline operations, but the core of what we do is underwriting and managing risk. We have raised $108M and are actively standing up our first insurance vehicles.

About the Role

We are looking for an experienced actuary to be our first in-house hire for the function. Day to day, you would handle feasibility studies, reserving, and pricing. You would not be doing this alone: we work with outside counsel, captive managers, and consulting actuaries who are already in place. There will be budget to bring on junior actuaries to support you.

What You Would Work On
  • Loss reserving and rate development for commercial programs.
  • Pricing for new lines and states.
  • Regulatory filings and interfacing with state departments of insurance.
  • Feasibility studies for new RRG and captive formations.
  • Coordinating with counsel and captive managers on deadlines.
Over Time
  • Serve as appointed/opining actuary across entities.
  • Help shape reinsurance program structure and pricing.
  • Present to the board on reserves and projections.
  • Bring on and mentor junior actuaries.
Required Qualifications
  • FCAS or ACAS + MAAA.
  • 12+ years of actuarial experience.
  • Some prior captive or RRG work.
  • Comfortable working across multiple lines of business.
Nice to Have
  • Appointed actuary experience for RRGs or captives.
  • Multi-state regulatory filing background.
  • Reinsurance pricing experience.
  • Familiarity with Python, R, or similar tools.
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