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Life Insurance & Annuity Product Actuary Curated Jobs List Dated March 5, 2019

Welcome to a Curated Job List compiled by Mid America Search. This List of Jobs, which our Client organizations are seeking to fill, have one or more factors of commonality thus Mid America Search has compiled or curated this collection of Jobs into the List below. Trustfully, our efforts will enhance your efficiency and provide time well spent in studying the information.

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Director, Annuity Product Management
Job# 2809
Location:  West Des Moines, IA
Education Requirements:  Bachelor's degree, preferably in the area of mathematics, or a business-related field.
Other Requirements:  Include:

  • FSA preferred. Will consider near-FSA actively pursuing completion of FSA or career ASA.
  • Prefer at least 7 to 10 years of experience in the field of Actuarial Science.
  • Strongly prefer an individual with significant FIA and VA pricing experience.
  • Want an individual that is detailed and process oriented, preferably with experience developing and managing regular processes; thoroughly documented and properly controlled consistent with SOX 404 requirements.
  • Demonstrate a superior level of mathematical ability, attention to detail and strong analytical skills.
  • Demonstrate strong computer skills including proficiency in the use of applicable technical tools.
  • Demonstrate strong written and verbal communication skills including the ability to present highly technical information to non-technical audiences.
  • Ability to apply insurance industry knowledge, preferably in the fields of individual life and annuities.
  • Ability to identify and direct the analysis of problems or questions and provide recommendations to appropriate audiences.
  • Experience leading projects and/or supervising work of others is preferred.
  • Ability to work both individually and as part of a team.
  • Highly organized with the demonstrated ability to prioritize multiple projects and to switch priorities as necessary.
  • Ability to work effectively in an office environment.
  • Due to the financial nature and level of accountability of this position, a credit and criminal background check is required.

Salary Range:  $130k to $175k
Description:  The Director, Annuity Product Management oversees an actuarial function that will support a specific business unit and may support multiple business units.  May lead a team of actuaries and/or analysts to develop processes and tools in line with best practices.  Oversee analysis and documentation, develop recommendations and present to management to drive decisions.  Prioritize the team’s work, providing technical guidance and reviewing the results.  Manage multiple projects and work collaboratively with other departments.  Understand our Client and their business unit financial goals and objectives then deliver results that support those objectives.  Lead special projects as directed.  Duties and responsibilities include:

  • Apply advanced knowledge of our Client’s products, new business and in-force.  Understand new and key products, how their features impact risks, and make recommendations regarding how to incorporate into existing models and/or actuarial processes.
  • Apply expertise regarding insurance contracts and actuarial related regulations to perform existing functions.  Recommend enhancements to existing processes or develop new processes to accommodate regulatory changes and new products.  Oversee preparation and review of materials needed to comply with applicable regulations.
  • Lead the identification, development and implementation of assumptions needed for actuarial calculations or financial projections.  Leverage company data, industry data and/or any other information indicating a potential change in future experience to justify recommendations for individual assumptions.  Distinguish between best estimate and prudent assumptions.  Oversee the use of actuarial models to understand and explain the impact of a change in assumptions.
  • Lead staff to create, understand, validate and interpret complex financial models in line with best practices which may include models for reporting of assets, liabilities, solvency and profitability measures, product pricing and financial projections.  Apply judgment over the choice of tools and models through an understanding of limitations and the use of the financial information produced.  Maximize efficiencies.  Oversee and review analysis and explain the results of both deterministic and stochastic projections.  Ensure proper model governance, peer review and documentation are completed.
  • Leverage knowledge of accounting standards and other reporting requirements covering insurance and assets backing liabilities to understand, analyze and explain financial reporting or the projected impact of product and assumption changes on financial results.  This includes balance sheets and income statements produced by actuarial models.  Understand how model results compare to actual financials results, document and explain any differences that may impact conclusions drawn from the models.  Assist in interpreting and implementing changes in accounting and/or actuarial standards.
  • Lead staff to design and develop efficient data systems and oversee analysis of data.  Recommend appropriate data analysis techniques given the nature of the analysis needed.  Use expertise to advise and challenge multiple data analysis exercises.  Use key insights to make recommendations to management.  Ensure proper governance and documentation are completed.
  • Understand relevant actuarial and investment risks, their underlying drivers, and our Client’s limits for these risks.  Lead development of appropriate methods to monitor, measure and project risk exposure.  Understand the implications of failing to manage risk.  Provide leadership and direction to team to assist in developing risk mitigation techniques.  Prepare and present risk analysis to management.
  • Effectively plan and prioritize your team’s work in accordance with broader department objectives and priorities.  Provide technical guidance to the team and review their work for accuracy.  Execute performance management responsibilities on a timely basis.
  • Develop relationships and collaborate with other departments and business units.  Collaborate and communicate effectively with other actuarial teams to ensure consistency in modeling approaches and assumptions across actuarial functions.
  • Enhance and develop personal and professional skills through the Society of Actuaries’ continuing education requirements.  Attending actuarial-related conferences is strongly encouraged.

Actuarial Associate, Annuity Product Management
Job# 2810
Location:  West Des Moines, IA
Education Requirements:  Bachelor's degree, preferably in the area of mathematics, or a business related field.
Other Requirements:  Include:

  • ASA preferred, will consider near ASA if actively pursuing.
  • Prefer at least 4 to 6 years of experience in the field of Actuarial Science.
  • Ideal candidate would have some annuity product background.
  • Demonstrate a high level of mathematical ability and attention to detail and strong analytical skills.
  • Demonstrate strong computer skills including proficiency in the use of applicable technical tools.
  • Demonstrate strong written and verbal communication skills including ability to present technical information to actuarial audiences.
  • Possess solid understanding of insurance industry.
  • Ability to identify and analyze problems or questions and provide recommendations to appropriate audiences.
  • Ability to work both individually and as part of a team.
  • Highly organized with the demonstrated ability to manage multiple projects and to switch priorities as necessary.
  • Ability to work effectively in an office environment.
  • Criminal background check required.

Salary Range:  $90k to $115k
Description:  The Actuarial Associate, Annuity Product Management will be responsible for effectively and efficiently performing actuarial processes related to this role.  This may include modeling, data analytics, product development, and/or financial reporting for our Client’s products.  This individual will understand our Client and the business unit’s financial goals and objectives.  Analyze, summarize and present management information.  Provide technical guidance to others and lead projects as directed.  Duties and responsibilities include:

  • Develop strong knowledge of our Client’s products related to area of focus.  Understand customer value propositions.  Understand new products and make recommendations regarding how to incorporate into existing models and/or actuarial processes.
  • Apply good knowledge of insurance contracts and actuarial related regulations to perform existing actuarial processes.  Prepare materials required to comply with applicable regulations.
  • Develop and apply assumptions required for actuarial calculations and modeling.  Interpret internal and external data available to make and justify recommendations for individual assumptions for review by management.  Use actuarial models to understand and explain the impact of a change in assumptions.  Document assumptions and sources of data used.
  • Create, understand and interpret complex financial models which may include models for reporting of assets, liabilities, solvency and profitability measures, product pricing and financial projections.  Assist in choosing the appropriate modeling approach, following best practices, and using the right tools and methods to maximize efficiency.  Perform analysis and assist in explaining the results of both deterministic and stochastic projections.  Ensure proper governance, peer review and documentation is completed.
  • Build good knowledge of accounting standards and other reporting requirements covering insurance liabilities and the assets backing liabilities.  Understand, analyze and explain financial reporting as needed, including balance sheets and income statements produced by actuarial models.
  • Create and apply spreadsheets, databases and other data analytic software as needed to perform data analysis efficiently.  Summarize, manipulate, transform and aggregate data.  Present aggregated data verbally, numerically, graphically or in another written format to highlight key features.  Perform checks to confirm the robustness of the data and analysis.
  • Understand concepts of relevant actuarial risks and the implications of failing to manage risk.  Quantify risk exposure and use model projections to produce management information to measure and to monitor on-going exposure.  Summarize and present analysis to appropriate actuarial leaders.  Assist in developing risk mitigation techniques.
  • Assist and/or lead special projects as required.  Work individually and/or in teams to complete projects on time and with high quality.  Effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities.
  • Develop relationships and collaborate with other departments and business units.  Communicate effectively with other actuarial teams to ensure consistency in modeling approaches and assumptions across actuarial functions.
  • Participate in the Society of Actuaries’ examination program with a satisfactory pass record per our Client’s actuarial study program guidelines.

Actuary, Life Insurance Pricing & Modeling
Job# 2806
Location:  MO
Education Requirements:  Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field.
Other Requirements:  Include:

  • Required:
    • FSA.
    • 7+ years of actuarial experience in Life Insurance/Reinsurance.
    • Demonstrated knowledge of life insurance, health insurance, longevity, and/or annuity products.
    • Ability to take ownership in projects and drive them to completion.
    • Experience with actuarial modeling software.
    • Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received.
    • Highly advanced investigative, analytical and problem-solving skills.
    • Expert ability to balance detail with departmental goals/objectives.
    • Advanced skills in customer relationship management and change management.
    • Highly advanced ability to translate business needs and problems into viable/accepted solutions.
    • Highly advanced ability to manage multiple projects and/or teams simultaneously.
    • Highly advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
    • Highly advanced persuasion and negotiation skills when working with internal/external customers.
  • Preferred:
    • MAAA/FCIA or other local actuarial organization accreditation.
    • Advanced quantitative degree or designation.
    • Reinsurance industry experience.
    • Merger and acquisition experience.
    • Product design/pricing experience or ALM/risk management experience (requirements vary with job level).
    • Financial reinsurance, asset-intensive or longevity pricing experience.
    • Advanced knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US tax; IFRS; MCEV / EV / EEV; and Solvency II.
    • Advanced ability to model various insurance products and reinsurance structures.
    • Advanced knowledge of life insurance, health insurance, longevity, and/or annuity products.
    • Advanced PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages (ex: C/C++).
    • Expertise in AXIS, Prophet and/or MoSes.
    • Ability to challenge and enhance our Client’s analytical capabilities.
    • Understanding of asset modeling and ALM techniques, including derivatives, and capital markets approaches.

Salary Range:  $150k to $160k base + 15% target bonus
Description:  Our Client is one of the largest global providers of life reinsurance, with offices around the world.  The Actuary, Life Insurance Pricing & Modeling performs pricing, modeling, risk analysis, structuring, and other activities related to specific new business development opportunities for our Client’s global business unit.  Works with the marketing staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives.  Documents risk exposure in potential transactions.  Assists business development associates by building proof-of-concept models for new opportunities or new reinsurance resolutions for company’s clients.  Assists business development associates in the development of new markets, structures, and product lines for our Client’s global business unit to be marketing proactively to their customers.  Duties and responsibilities include:

  • Perform pricing, modeling, risk analysis, and structuring activities on new or proposed transactions, or amendments to existing transactions, for our Client’s global business unit in a timely manner consistent with applicable standards.
  • Assess and analyze risk exposure in potential transactions and prepare documentation of these risks in detailed risk analysis reports.
  • Develop and maintain adequate and timely documentation of personal work that complies with relevant ASOPs.
  • Work with the marketing staff to determine client needs and objectives, understand and analyze client information, and design terms and structures of transactions to meet those needs and objectives.
  • Assist business development associates by building proof-of-concept models for new opportunities or new reinsurance solutions for customers.
  • Perform peer review on the work of other actuaries.
  • Update documentation of our Client’s global business unit pricing methodology, parameters, and procedures.  Recommend, implement, and document enhancements to the pricing process.
  • Set realistic and achievable deadlines for modeling, risk analysis, and other new business development activities.  Complete required tasks accurately within those deadlines.  Drive the design of reinsurance transactions and lead discussions on risk issues with internal and external clients.  Provide updates on ongoing progress to supervisor and other personnel in our Client’s global business unit.
  • Assist risk management personnel with monitoring experience of in-force treaties.
  • Participate in key unit and ad-hoc department projects as needed.

Actuary & Supervisor, Model Development
Job# 2736
Location:  IL
Education Requirements:  Bachelor’s degree in Mathematics or related field. Graduate degree preferred.
Other Requirements:  Include:

  • FSA.
  • MAAA.
  • Experience with MG-ALFA Actuarial Modeling software.
  • 5 years related work experience.
  • Strong project management skills.
  • Strong organizational, technical and communication skills.
  • Ability to train and supervise staff and establish priorities.
  • Leader: Inspires teammates to follow them.
  • Functional Expert: Considered a thought leader on a subject.
  • Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well.

Salary Range:  Negotiable
Description:  Newly created role with growing Life and Annuity Insurance Company.  Supervise the actuarial model development processes. Work with Senior Actuary to develop and manage our Client's actuarial policies and procedures and define department priorities and resource allocations as they relate to model development.  Job duties and responsibilities include:

  • Provide guidance and advice regarding actuarial matters of a corporate or modeling nature.
  • Supervise the development and maintenance of all corporate models.
  • Develop, implement and manage model governance and validation for use with all models.
  • Plan, organize and supervise departmental methods and procedures relating to model development in conjunction with the Senior Actuary.
  • Coordinate functions, responsible for development of new models, updates to models for new products, revisions of product factors and updates to asset and liability assumptions.
  • Manage updates to modeling software to evaluate impact on models and any changes needed as well as coordinate system updates for all model users.
  • Provide guidance and interpretation to department staff and other Home Office staff on actuarial theories, methods, and practices as they relate to modeling (i.e. pricing model, Enterprise Risk Management Model, Interest Rate Risk Model).
  • Coordinate model development work with model users assuring timeliness and development of the model for proper and intended usage.
  • Supervise the design and maintenance of models to analyze and project our Client’s financial results under a variety of assumptions and conditions.
  • Supervise the development of modeling assumptions using experience studies and manage modifications to the model projections.
  • Update and analyze Corporate Plan Model, Enterprise Risk Management Model (for Own Risk and Solvency Assessment Report), and Interest Rate Risk Model.
  • Respond to various regulations and the impact they can have on our Client’s models.
  • Develop methodologies to analyze sources of profit for inforce business.
  • Develop programs and procedures required to implement and maintain model integrity.
  • Train, motivate, and develop staff to meet the current and future needs of the department and our Client.
  • Assist in maintaining discipline, resolving problems, determining performance, and recommending promotions, transfers or dismissals of department staff.

Managing Actuary, Group Product Performance
Job# 2803
Location:  NE or Remote
Education Requirements:  Degree preferred.
Other Requirements:  Include:

  • Minimum Qualifications:
    • Thorough actuarial background, as well as thorough background in Actuarial Science, Math, Statistics, Economics and/or Computer Science.
    • Seasoned knowledge of advanced actuarial assumptions and formulae and in-depth knowledge and understanding of actuarial and statistical sciences, economics, or computer sciences.
    • Aptitude for statistical interpretation, a strong knowledge of advanced actuarial assumptions and formulae and accounting practices.
    • FSA designation.
    • Group experience in life, disability, dental and/or vision.
    • Thorough financial background.
    • Extensive experience in the development and presentation of financial reports.
    • Excellent human relations and oral and written communication skills, analytical and decision-making abilities, and sound judgment.
    • Product and industry knowledge.
  • Preferred Qualifications:
    • Previous management experience is preferred.
    • Must have some group experience, vision and dental preferred.

Salary Range:  $110k to $150k
Description:  Leads and executes group insurance product design, pricing, financial projections and other financial analyses for assigned products to assure the measurement and achievement of Corporate profit, growth, information and planning objectives.  Coordinates resources to provide effective analytical support to contribute to effective product and financial management.  Duties and responsibilities include:

  • Directs and manages the development of new product rates and re-rating activity, the determination of the impact on premiums and/or profits of various product proposals, and both long and short term experience studies to be completed in a timely manner and providing useful results.  Develops rate assumptions and manages the development of rate scales and detailed rates.
  • Participates in the initial viability assessment for new product ideas and modifications, including preliminary pricing.  Reviews product specifications and estimate cost and schedule.  Consults competitive research to balance pricing/competitive issues.
  • Manages the development of financial projections (preliminary and detailed) and develops detailed financial projections for new and existing products.
  • Directs financial impact assessment activities related to compliance changes and other environmental factors impacting the product or product grouping.
  • Prepares actuarial memoranda for filing with state insurance departments.
  • Plans and executes projects designed to meet specified product development, pricing, projection, and financial or risk management objectives.
  • Provides recommendations to management based on analysis of financial and non-financial data regarding trends and indicators of the product or product grouping.
  • Analyzes experience and provides reserve recommendations for claim reserves where needed.
  • Risk Management; Identifies and assesses risk in actuarial responsibilities.  Complies with actuarial standards of practice, precepts and enterprise risk management responsibilities.  Supports enterprise wide risk management initiatives.
  • Develops improvements to actuarial models, methods, procedures, and systems and keeps abreast of legislative and other changes to determine their effect on assumptions and formulas.
  • May have direct reports and engage in human resource management functions such as coaching, performing appraisals, and handling other HR administrative tasks.  May review the work of actuarial students in the execution of specific projects or tasks.
  • May have an opportunity to participate in recruiting college candidates for professional Actuarial positions and serve on Company committees in an actuarial adviser capacity.

Director, Life Inforce Management
Job# 2799
Location:  Midwest or Remote
Education Requirements:  Bachelor’s degree in Mathematics, Business or Actuarial Science with a high level of demonstrated mathematical ability.
Other Requirements:  Include:

  • FSA preferred. Will consider near FSA actively pursuing completion of FSA.
  • Prefer at least 8 to 10 years of experience in the field of Actuarial Science. Life product and inforce management experience preferred.
  • Demonstrate a superior level of mathematical ability and attention to detail and strong analytical skills.
  • Demonstrate strong computer skills including proficiency in the use of applicable technical tools.
  • Demonstrate strong written and verbal communication skills including the ability to present highly technical information to non- technical audiences.
  • Ability to apply insurance industry knowledge, preferably in the fields of individual life insurance and inforce management.
  • Ability to identify and direct the analysis of problems or questions and provide recommendations to appropriate audiences.
  • Experience leading projects and/or supervising work of others (i.e. Leading small team) is preferred.
  • Ability to work both individually and as part of a team.
  • Highly organized with the demonstrated ability to prioritize multiple projects and to switch priorities as necessary.
  • Ability to work effectively in an office environment.
  • Due to the financial nature and level of accountability of this job, a credit and criminal background check is required.

Salary Range:  $130k to $175k
Description:  This individual will be responsible for the Inforce Management function for the Life Insurance Division.  Lead a team of 3 to 5 actuaries to execute on the Inforce Management Strategy.  Develop a thorough understanding of the Life Division’s inforce blocks of business with a keen awareness of the financial impact of those blocks on life earnings.  Seek new opportunities to enhance life earnings through Inforce Management.  Manage multiple projects and work collaboratively with other departments.  Understand our Client’s Member Companies’ and business unit financial goals and objectives and deliver results that support those objectives.  This role is accountable for developing and growing direct reports and other team members.  Duties and responsibilities include:

  • Provide leadership for the Inforce Management function and assist in the development and implementation of the Inforce Management Strategy for the Life Division.
  • Identify and analyze new Inforce Management processes.  Understand impacts to all areas of the organization.  Lead implementation, working with both technical and non-technical individuals.
  • Collaborate with the VP, Reinsurance and Inforce Management to lead the Interest Rate Committee meetings and develop recommendations for any needed rate action.  Work with implementation teams to ensure that new rates are implemented correctly and are appropriately communicated to the field.
  • Ensure that actuarial models used in the Life Product Development area are consistent with models used in the Corporate Actuarial area.  Serve as a liaison between the Life Pricing and Design teams and the Corporate Modeling teams in regard to actuarial models.
  • Oversee ongoing modeling needs for the Life Division including annual testing for certification of the Illustration Model Regulation and SEC Reasonableness Testing.
  • Serve as the representative of the Life Division in setting actuarial assumptions.  Oversee the impact testing of proposed assumptions and work with Pricing and Design teams and Department head to set final assumptions for both pricing and inforce management.
  • Ensure documentation and formal reports are prepared in accordance with Actuarial Standards of Practice and appropriately considers Legal and Compliance input.  Develop strong documentation practices within the team.
  • Develop strong relationships.  Collaborate with other departments and business units.  Effectively communicate with both technical and non-technical co-workers.  Prepare and present materials that are appropriate for the intended audience.
  • Actively follow trends in the life insurance industry, the economy and the regulatory and competitive environments.  Be aware of leading edge practices in inforce management and develop a case for change when appropriate.
  • Recruit, develop and retain a qualified staff to perform the inforce management functions.  Create and maintain a departmental environment which embraces the corporate shared values and emphasizes our Client’s high-performance culture.
  • Develop and manage a team of actuaries and/or analysts.  Manage and lead multiple projects.  Effectively plan and prioritize the team’s work in accordance with broader department objectives and priorities.  Provide technical guidance to the team and review their work for accuracy.  Execute performance management responsibilities on a timely basis.

Director, Actuarial Experience Studies
Job# 2798
Location:  Midwest
Education Requirements:  Bachelor's degree, preferably in Mathematics, or a Business-related field.
Other Requirements:  Include:

  • FSA preferred. Will consider near-FSA actively pursuing completion of FSA or career ASA.
  • Prefer at least 8 to 10 years of experience in the field of Actuarial Science.
  • 3 to 5 years of leadership experience.
  • Prior experience working with experience studies is preferred.
  • Demonstrate a superior level of mathematical ability and attention to detail and strong analytical skills.
  • Demonstrate strong computer skills including proficiency in the use of applicable technical tools.
  • Demonstrate strong written and verbal communication skills including the ability to present highly technical information to non- technical audiences.
  • Ability to apply insurance industry knowledge, preferably in the fields of individual life and annuities.
  • Ability to identify and direct the analysis of problems or questions and provide recommendations to appropriate audiences.
  • Experience leading projects and/or supervising work of others is preferred.
  • Ability to work both individually and as part of a team.
  • Highly organized with the demonstrated ability to prioritize multiple projects and to switch priorities as necessary.
  • Due to the financial nature and level of accountability of this job, a credit and criminal background check is required.

Salary Range:  $130k to $175k
Description:  This individual will be responsible for an actuarial function that may support a specific business unit or may support multiple business units.  Lead a team of actuaries and/or analysts to develop processes and tools in line with best practices.  This role will manage a team of 3 to 4 actuaries and is responsible for conducting experience studies and working with cross-functional teams of subject matter experts to develop assumptions to be utilized in pricing, corporate models, and valuation models.  This role will be responsible for overseeing the experience studies process for our Client and for on-time delivery of a calendar of experiences studies each year.  Oversee analysis and documentation, develop recommendations and present to management to drive decisions.  Prioritize the team’s work, providing technical guidance and reviewing the results.  Manage multiple projects and work collaboratively with other departments.  Understand our Client’s Member Companies’ and business unit financial goals and objectives and deliver results that support those objectives.  Lead special projects as directed.  Duties and responsibilities include:

  • Apply strong knowledge of our Client’s products, new business and in-force.  Understand new products and make recommendations regarding how to incorporate into existing models and/or actuarial processes.
  • Apply strong knowledge of insurance contracts and actuarial related regulations to perform existing functions.  Recommend enhancements to existing processes or develop new processes to accommodate regulatory changes.  Oversee preparation and review of materials needed to comply with applicable regulations.
  • Lead the identification, development and implementation of assumptions needed for actuarial calculations or financial projections.  Leverage company data, industry data and/or any other information indicating a potential change in the future to justify recommendations for individual assumptions.  Distinguish between best estimate and prudent assumptions.  Oversee the use of actuarial models to understand and explain the impact of a change in assumptions.
  • Lead staff to create, understand and interpret complex financial models in line with best practices.  Apply judgment over the choice of tools and models through an understanding of limitations and the use of the financial information produced.  Maximize efficiencies.  Oversee and review analysis and explain the results of both deterministic and stochastic projections.  Ensure proper governance, peer review and documentation is completed.
  • Leverage knowledge of accounting standards and other reporting requirements covering insurance liabilities and the assets backing liabilities to understand, analyze and explain financial reporting as needed.  This includes balance sheets and income statements produced by actuarial models.  Understand how model results compare to actual financials results, document and explain any differences that may impact conclusions drawn from the models.  Assist in interpreting and implementing changes in accounting and/or actuarial standards.
  • Lead staff to design and develop efficient data systems and oversee analysis of data.  Recommend appropriate data analysis techniques given the nature of the analysis needed.  Use expertise to advise and challenge multiple data analysis exercises.  Use key insights to make recommendations to management.  Ensure proper governance and documentation is completed.
  • Understand relevant actuarial risks and their underlying drivers.  Lead development of appropriate methods to monitor, measure and project risk exposure.  Understand the implications of failing to manage risk.  Provide leadership and direction to team to assist in developing risk mitigation techniques.  Prepare and present risk analysis to management.
  • Develop and manage a team of actuaries and/or analysts.  Manage and lead multiple projects.  Effectively plan and prioritize your team’s work in accordance with broader department objectives and priorities.  Provide technical guidance to the team and review their work for accuracy.  Execute performance management responsibilities on a timely basis.
  • Develop relationships and collaborate with other departments and business units.  Collaborate and communicate effectively with other actuarial teams to ensure consistency in modeling approaches and assumptions across actuarial functions.
  • Enhance and develop personal and professional skills through the Society of Actuaries’ continuing education requirements.  Attending actuarial-related conferences is strongly encouraged.

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