Actuary- VA​/IFRS Reporting

Job Description Summary

Manages one or more actuarial functions for a product line or corporate process. May evaluate new product ideas, pricing, and maintenance of existing products. May direct the design, pricing, and implementation of insurance products.

• Leads the preparation and interpretation of actuarial information for presentation to management.
• Monitors profitability by line of business and/or product and develops supporting reports and/or analyses.
• Maintains the product line or corporate process to comply with various state and federal regulations.
• Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
• May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development.
• Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace.
• Recommends appropriate reactions to these developments.
• Provides guidance and advice regarding pricing rates, modeling methodology, or reserving and related matters.
• Serves as a key resource for completion of one or more major recurring projects during the course of the year.
• Represents the company on industry and professional committees and/or with regulators.
• May supervise a team of employees.

• FSA or equivalent professional designation along with a Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics or a related field and 7 years of relevant experience.
• In lieu of a Bachelor’s, a Master’s in a listed discipline and 5 years of relevant experience.
• In lieu of an FSA, an ASA or equivalent professional designation and 10 years of relevant experience.
• Demonstrates high quality leadership, judgment, organization and prioritization skills.
• Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
• Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
• Excellent computer skills.

• Programming skills.
• VA/RILA knowledge.
• GAAP knowledge.

• Office Environment.
• Occasional Travel