Job Information
NextEra Energy Sr Actuary in North Palm Beach, Florida
Sr Actuary
Date: Jan 13, 2025
Location(s): North Palm Beach, FL, US, 33408
Company: NextEra Energy
NextEra Energy is the world's largest producer of wind and solar energy. With operations in nearly all 50 states and four provinces in Canada, our nearly 15,000 employees are committed to finding innovative, industry-leading solutions to provide safe, reliable and affordable clean energy to millions of customers throughout North America. We are leading the decarbonization of the U.S. economy with our goal to reach Real Zero carbon emissions from our operations by 2045 while improving customer affordability and reliability. Do you want to help us achieve Real Zero? Join our world-class team today..
Position Specific Description
This role is for an Excess and Surplus lines pricing actuary with prior experience in Specialty Property or Specialty Casualty:
• Serve as a key actuarial contact for the E&S underwriting team for pricing and product development support
• Lead pricing-related projects and initiatives for a variety of specialty lines products
• Evaluate new program and reinsurance opportunities, including the selection and documentation of loss picks, trend factors, development patterns, and other relevant metrics
• Integrate pricing assumptions with the reserving and ERM functions
• Monitor results and work closely with leadership to manage and steer the business
• Perform other job-related duties as assigned in support of the overall actuarial and risk management functions
In addition to the requirements listed below, the ideal candidate will also have the following:
• Proficient computer skills in MS Office Suite
• Excellent communication and presentation skills; proven ability to adapt in a growing and evolving work environment
• Ability to work independently, multitask, stay organized, and enjoy fostering collaborat
Job Overview
This position is a key contributor to the actuarial function of an expanding Property and Casualty (P&C) insurance company. The employee works with actuarial team members in pricing, reserving and risk management. The employee will play an integral role in the development and coding of actuarial pricing and reserving models as well as the company’s internal capital model.
Job Duties & Responsibilities
Provides actuarial input into model assumptions using internal and industry data
Analyzes model results and producing actuarial reports and memos
Develops and implements a robust reserve model that incorporates data from underwriting systems, claims output, and finance and actuarial inputs to produce actuarial estimates on a program-by-program basis
Develops and implements program-specific pricing and general return-on-capital models
Develops an internal capital model (using MetaRisk) that incorporates underwriting, investment, credit, and operating risk to produce a holistic view of the company’s capital requirements
Leads the development of model documentation incorporating peer reviews and independent validation
Communicates market changes and emerging trends to team members (e.g., new modeling techniques, validation trends, etc)
Performs other job-related duties as assigned
Required Qualifications
Bachelor's Degree in Mathematics, Actuarial Science, or related field
Experience: 7+ years property and casualty actuarial experience
Credentialed or near-credentialed P&C actuary – member of the Casualty Actuarial Society, American Academy of Actuaries, similar designation or five or more actuarial exams completed
Preferred Qualifications
- Master's Degree
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Clickto learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies . Please see ourfor more information.
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