Senior Actuary – Life Projections

Senior Actuary – Life Projections

Requirements

• Bachelor’s in actuarial science, finance, mathematics, or related field, or equivalent work experience.
• FSA with 6+ years of actuarial experience.
• Ability to work independently and collaboratively as part of a team, and to manage long-term projects.
• Demonstrated leadership, organizational, and interpersonal skills.
• Judgment, resourcefulness, and ability to distill complicated issues into something more manageable.
• Excellent written/verbal communication skills with the ability to present complex information in a clear and concise manner to various audiences, including senior management.
• Excellent analytical, problem-solving, and decision-making skills.
• Solid experience with actuarial modeling software, Prophet a plus.

Responsibilities

• Support Economic Valuation/Economic Capital calculations as part of the enterprise economic framework.
• Support Asset Adequacy Analysis, including Cash Flow Testing projections, preparation of the Actuarial Opinion and Memorandum for multiple legal entities.
• Support other regulatory projection requirements, including AG38 8C, RBC C3P1, etc.
• Provide support for audit requests and interface with auditors, state regulators, and examiners as necessary.
• Oversee the model input data management, including the in-force liability data, the in-force asset data, and the economic scenarios.
• Support finance transformation projects, including Prophet and Snowflake implementation.
• Support and comply with all Model Risk Management initiatives and standards, including model risk, model documentation, and other best practices guidelines.
• Develop analytic tools to help explain the modeled results and movement from prior periods.
• Implement process improvements, automation, and efficiencies where applicable.
• Develop junior actuarial professionals by providing insight, guidance, and oversight. This includes setting and communicating clear objectives and expectations, providing stretch assignments based on their skills, providing knowledge transfer, coaching, and support.
• Communicate effectively with various audiences and be able to explain complex modeling issues in language appropriate for the audience. This ranges from teaching new hires to presenting to senior management.
• Foster collaboration, manage expectations, and effectively communicate project updates, milestones, and risks.

Preferred Qualifications

• Experience with valuation processes.
• Previous management experience with a small team.
• Working knowledge of life insurance products.
• Highly organized and delivery-focused.