Director, Pension Actuary

  • 33296
  • Life - Actuarial
  • |
  • New York, United States
  • |
  • Feb 5, 2018
Insurance
RESPONSIBILITIES
  • Support financial modeling and analytics for PRT funded pricing platform, working with dedicated actuarial pricing team.
  • Direct and support development of enhanced actuarial models used for cash flow production and policyholder behavior, Statutory and GAAP reserves, asset liability management, and financial projections.
  • Provide accurate and insightful model validation to facilitate confident decision-making and to achieve business goals.
  • Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies.
  • Coordinate and review reinsurance quotations.
QUALIFICATIONS
  • Bachelor’s degree in Mathematics, Finance or related field.
  • 7+ years of experience in pension consulting, life insurance or reinsurance industry, or investment banking background with significant experience in the financial services / insurance sector.
  • Detailed knowledge of actuarial analysis for defined benefit plans, including familiarity with mortality experience analysis, demonstrated by an actuarial credential or progress toward an actuarial credential.
  • Understanding of asset-liability analysis with an emphasis on analyzing liability-hedging investments and return-oriented investments.
  • Actuarial experience including financial modeling, product development, pricing, valuation, (insurance industry experience a plus but not required).
  • Society of Actuaries ASA or FSA designation preferred; in absence of an actuarial designation, strong consideration given to candidates who have a CFA, CPA, CERA, FRM.
  • Understanding of rules for pension accounting and for determination of pension funding requirements.
  • Strong written and verbal communication skills.
  • Some travel will be required.
  • Strong attention to detail and the ability to prioritize and manage several projects.
  • Strong programming skills including Excel VBA Exhibit.
  • Dedication to completing tasks thoroughly and on time, including under time pressures and outside normal working hours.
  • Maintain appropriate levels of confidentiality.
  • Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards.