Life Actuary Lead – Principle-Based Reserving

Role Overview

• Performs the most complex and unique work assignments that require a high degree of technical expertise utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.
• Reviews laws and regulations to ensure all processes are compliant and provides recommendations for improvements.
• Monitors industry communications regarding potential changes to existing laws and regulations.
• Oversees model runs and the generation of reports and presents comprehensive analysis of all model runs to Senior Leadership.
• Makes comprehensive recommendations for model adjustments and improvements, when appropriate.
• Applies a holistic understanding of the business operations and analytics to influence business strategies and solutions.
• Manages the most complex projects involving cross-functional actuarial areas and across the enterprise.
• Leads project team through concept, planning, execution, and implementation phases.
• Defines and outlines new approaches to resolution.
• Anticipates, directs, organizes, and oversees the development of reporting resources and works to improve reporting processes and controls.
• Reviews and produces reporting with great attention to detail.
• Identifies and resolves reporting problems independently.
• Advises senior management on issues and serves as a primary resource for cross functional team members on escalated issues of a unique nature.
• Leads and directs model or process governance, integrity, quality, and validation functions utilizing expert knowledge of the business, its products, and processes.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Requirements

• Bachelor's Degree; OR 4 years of related experience may be substituted in lieu of degree
• 8 years actuarial experience and attainment of Fellow within the Society of Actuaries; OR 16 years relevant actuarial experience and attainment of Associate within the Society of Actuaries
• Experience advising senior management on issues and serving as a primary resource for cross functional team members on escalated issues of a unique nature
• Demonstrated holistic understanding of the business operations and analytics with ability to communicate clearly to influence business strategies and solutions with key stakeholders.

Benefits

• comprehensive medical, dental and vision plans
• 401(k)
• pension
• life insurance
• parental benefits
• adoption assistance
• paid time off program with paid holidays plus 16 paid volunteer hours
• various wellness programs
• career path planning and continuing education