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Role Summary

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HIGHLIGHTS

Entry-level P&C financial planning role focused on workers' compensation at MEMIC in Portland, ME. You will support statutory business projections, maintain loss and IBNR positions, prepare loss development reporting, and assist with regulatory filings, ORSA dashboards, and reinsurance renewal analysis. The role works closely with internal actuaries, CFO, VP Risk Management, auditors, and regulators.

JOB DESCRIPTION SUMMARY

  • Support statutory business projections and monthly/quarterly roll-forwards
  • Maintain and analyze Loss and IBNR positions for risk-bearing entities
  • Prepare loss development reporting and coordinate external actuarial reviews
  • Assist with reinsurance renewal preparation, ORSA dashboards, and regulatory filings
  • Work in Portland, ME as an individual contributor; strong Excel/Access skills required

DOMAIN EXPERTISE

  • Statutory business projections and roll-forwards
  • Loss and IBNR maintenance and analysis
  • Loss development reporting and external actuarial coordination
  • Reinsurance renewal preparation support
  • Financial statement and P&L reporting analysis

KEY REQUIREMENTS

  • Bachelor’s degree with at least 1 year of finance or equivalent experience
  • Understanding of complex accounting procedures and financial statement reporting
  • Experience maintaining Loss and IBNR positions and loss development reporting
  • Proficient in Microsoft Excel, Access, PowerPoint; willingness to use PowerBI
  • Strong communication skills for interaction with regulators, auditors, and leadership

TECH STACK

  • Excel
  • Access
  • PowerPoint
  • Power_BI
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Role Summary

Loading...

HIGHLIGHTS

Entry-level P&C financial planning role focused on workers' compensation at MEMIC in Portland, ME. You will support statutory business projections, maintain loss and IBNR positions, prepare loss development reporting, and assist with regulatory filings, ORSA dashboards, and reinsurance renewal analysis. The role works closely with internal actuaries, CFO, VP Risk Management, auditors, and regulators.

JOB DESCRIPTION SUMMARY

  • Support statutory business projections and monthly/quarterly roll-forwards
  • Maintain and analyze Loss and IBNR positions for risk-bearing entities
  • Prepare loss development reporting and coordinate external actuarial reviews
  • Assist with reinsurance renewal preparation, ORSA dashboards, and regulatory filings
  • Work in Portland, ME as an individual contributor; strong Excel/Access skills required

DOMAIN EXPERTISE

  • Statutory business projections and roll-forwards
  • Loss and IBNR maintenance and analysis
  • Loss development reporting and external actuarial coordination
  • Reinsurance renewal preparation support
  • Financial statement and P&L reporting analysis

KEY REQUIREMENTS

  • Bachelor’s degree with at least 1 year of finance or equivalent experience
  • Understanding of complex accounting procedures and financial statement reporting
  • Experience maintaining Loss and IBNR positions and loss development reporting
  • Proficient in Microsoft Excel, Access, PowerPoint; willingness to use PowerBI
  • Strong communication skills for interaction with regulators, auditors, and leadership

TECH STACK

  • Excel
  • Access
  • PowerPoint
  • Power_BI

Job Overview

Salary
Salary not specified
Years of Experience
1+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for an entry-level candidate with 1+ year in insurance finance or reserving, strong Excel/Access skills, and hands-on experience with loss development and IBNR analysis.

Benefits

Health InsuranceDental InsuranceVision InsuranceLife InsuranceShort/Long Term DisabilityHSA/FSA Available401(k) PlanHigh 401(k) MatchGenerous VacationPaid Parental Leave
Shortlist Forming
Closing Soon
49d
49 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Job Overview

Salary
Salary not specified
Years of Experience
1+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for an entry-level candidate with 1+ year in insurance finance or reserving, strong Excel/Access skills, and hands-on experience with loss development and IBNR analysis.

Benefits

Health InsuranceDental InsuranceVision InsuranceLife InsuranceShort/Long Term DisabilityHSA/FSA Available401(k) PlanHigh 401(k) MatchGenerous VacationPaid Parental Leave
Shortlist Forming
Closing Soon
49d
49 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

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