Property Specialist | $100/hr Remote | Mercor
Posted 1 day ago by Crossing Hurdles
Negotiable
Undetermined
Remote
United Kingdom
Summary: The role of Property Specialist at Mercor involves collaborating with AI research labs to develop and analyze loss triangles, project reserves, and perform rate indications in a flexible remote setting. The position requires strong actuarial expertise in property and casualty insurance, with a focus on various lines such as Workers Compensation and Auto. Candidates will work on a contract basis for approximately six weeks, dedicating 10-40 hours per week. Proficiency in actuarial tools and Excel is essential for success in this role.
Key Responsibilities:
- Build and analyze loss development triangles for paid and incurred data.
- Calculate, compare, and select age-to-age and cumulative development factors.
- Estimate ultimate losses and IBNR reserves using factor-based projections.
- Perform rate indication calculations including trending and premium on-leveling.
- Select frequency and severity trends with supporting documentation.
- Conduct large loss load analyses using capping and truncation techniques.
- Prepare reserve exhibits and filing-ready workpapers in Excel and PDF formats.
Key Skills:
- Strong experience in property and casualty actuarial roles.
- Familiarity with Workers Compensation, Auto, Umbrella, or General Liability lines.
- Proficiency with Arius, ResQ, R ChainLadder, or similar reserving tools.
- Strong skills in Excel, with experience auditing and constructing complex models.
- Solid understanding of insurance data sources such as Guidewire or Duck Creek.
- Excellent documentation and communication skills, especially in technical contexts.
Salary (Rate): £100.00/hr
City: undetermined
Country: United Kingdom
Working Arrangements: remote
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
At Crossing Hurdles, we work as a referral partner. We refer candidates to Mercor that collaborates with the world’s leading AI research labs to build and train cutting-edge AI models.
Organization: Mercor
Position: P&C Actuaries
Referral Partner: Crossing Hurdles
Type: Hourly contract
Compensation: $60–$100 per hour
Location: Remote
Commitment: 10-40 hours/week, flexible and asynchronous
Duration: ~6 weeks
Role Responsibilities
- Loss Triangle Development: Build and analyze loss development triangles for paid and incurred data.
- Factor Selection: Calculate, compare, and select age-to-age and cumulative development factors.
- Reserve Projections: Estimate ultimate losses and IBNR reserves using factor-based projections.
- Rate Indications: Perform rate indication calculations including trending and premium on-leveling.
- Trend Selection: Select frequency and severity trends with supporting documentation.
- Large Loss Analysis: Conduct large loss load analyses using capping and truncation techniques.
- Prepare Workpapers: Prepare reserve exhibits and filing-ready workpapers in Excel and PDF formats.
Ideal Qualifications
- Strong experience in property and casualty actuarial roles.
- Familiarity with Workers Compensation, Auto, Umbrella, or General Liability lines.
- Proficiency with Arius, ResQ, R ChainLadder, or similar reserving tools.
- Strong skills in Excel, with experience auditing and constructing complex models.
- Solid understanding of insurance data sources such as Guidewire or Duck Creek.
- Excellent documentation and communication skills, especially in technical contexts.
Application Process (Takes 20 min)
- Upload resume.
- AI interview based on your resume (15 min).
- Submit form.