Director, Reserving

Job Description

The Director of Reserving will provide senior actuarial leadership for the Property & Casualty reserving function. This individual will be responsible for ensuring the accuracy, integrity, and transparency of loss and loss adjustment expense reserves. The role requires a high degree of technical expertise, strong governance discipline, and the ability to communicate complex reserving matters effectively to executive leadership and external stakeholders.

The Director will also oversee process improvements, control enhancements, and the overall operational effectiveness of the reserving function.

Analytics

• Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in‑office schedule. The initial training period may require additional in‑office days.

• Ensure reserves are accurate, well‑supported, and compliant with regulatory standards
• Maintain robust governance, controls, and documentation for the reserving process
• Oversee reserve studies, actuarial models, and diagnostic testing to validate assumptions
• Partner with Finance on financial close processes, reserve changes, and audit support
• Ensure reserving practices adhere to actuarial standards of practice (ASOPs) and internal policies
• Drive consistency and transparency across methodologies and assumptions

• Collaborate with Underwriting and Claims to understand portfolio trends and operational drivers
• Support enterprise initiatives such as reinsurance strategy, capital management, and financial planning
• Contribute to enhancements in data, modeling capabilities, and analytics infrastructure
• Provide insights that influence pricing strategy, risk selection, and business decision‑making
• Participate in strategic planning and help shape the company's reserving philosophy and long‑term financial outlook
• Identify and evaluate emerging trends, development patterns, and sources of volatility
• Translate actuarial findings into actionable recommendations for senior leadership
• Provide analytical support for strategic planning, capital allocation, and business initiatives
• Enhance analytical capabilities to improve forecasting, scenario testing, and risk quantification

• Provide technical direction and quality review of actuarial work products
• Promote best practices, professional development, and continuous improvement within the team
• Communicate complex actuarial concepts clearly to executive leadership and non‑technical stakeholders
• Represent the reserving function in interactions with auditors, regulators, and rating agencies

• FCAS and 8+ years of actuarial experience in property & casualty insurance, mostly consisting of reserving responsibility
• Demonstrated experience leading actuarial teams
• Deep technical knowledge of loss development, reserve uncertainty, sensitivity analysis, and risk assessment
• Strong professional communication skills with the ability to present effectively to senior and executive leadership
• Exceptional attention to detail, sound actuarial judgment, and a commitment to governance and control discipline
• Experience working in environments with extensive audit, regulatory, or rating agency interaction
• Familiarity with modern actuarial reserving tools, data platforms, and governance frameworks

Anticipated Hiring Range

• $140,000 - $210,000 annual base salary depending on experience, qualifications, and geographic location

• Competitive base salary plus incentive plans for eligible team members
• 401(K) retirement plan that includes a company match of up to 6% of your eligible salary
• Free basic life and AD&D, long‑term disability and short‑term disability insurance
• Medical, dental and vision plans to meet your unique healthcare needs
• Wellness incentives
• Generous time off program that includes personal, holiday and volunteer paid time off
• Flexible work schedules and hybrid/remote options for eligible positions
• Educational assistance

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact .

The Mutual Group participates in the E‑Verify program and will provide the federal government with your Form I‑9 information to confirm that you are authorized to work in the U.S. You are protected from employment discrimination based on your citizenship status and national origin.

All offers of employment are contingent upon the successful completion of a background check.