Actuarial Associate

  • 33550
  • Life - Actuarial
  • |
  • Florida, United States
  • |
  • 4 days ago
Reinsurance
RESPONSIBILITIES
  • Assist in the development and implementation of project plan to support Principle Based Reserving (PBR) reserving. Perform analysis illustrating the impact of application of PBR requirements to Company business. Present analysis and evaluation of results to management. Assist in the implementation of PBR reporting procedures to the various Company business units. 30%
  • Develop understanding of recently released IFRS17 insurance accounting standard. Perform analysis to illustrate the implications of reporting under IFRS17 for Company business in support of pilot efforts. Assist in the implementation of organization wide reporting procedures for IFRS17. 30%
  • Assist in the preparation and analysis of quarterly Solvency II and semi-annual sensitivity reports. Provide support for loading and validating of model output to data warehouse. 20%
  • Support projects that come up on an ad hoc basis including support for implementation of corporate model governance structure, support aspects of the regulatory reporting requirements related to certain entities, supporting analysis for proposed restructuring transactions, implementation and review of quality assurance controls as they relate to actuarial analysis and financial reporting. 20%
QUALIFICATIONS
  • Bachelor's degree in Actuarial Science, Applied Math, Statistics, or related field.
  • Minimum three years of experience in the life insurance or reinsurance field.
  • Proficiency in Microsoft Office Suite.
  • 2 years liability modelling experience
  • Steady progress towards ASA designation from the Society of Actuaries with the intent to be credentialed as an FSA.
  • Excellent communication and organizational skills.
  • Able to work independently with minimal supervision.
  • Experience using liability modelling software such as MoSes or ALFA.
  • Asset Modelling.
  • Experience with SQL or R.
  • Familiarity with PBR and / or IFRS 17 standards
  • Perform all duties with the goal of maximizing shareholder value.
  • Act as a role model within and outside Company
  • Perform all duties accurately and as workload necessitates.
  • Maintain a positive and respectful attitude.
  • Communicate regularly with manager about departmental and Company issues.
  • Demonstrate flexible and efficient time management and ability to prioritize workload.
  • Arrive at work on time prepared to perform duties of the position.
  • Ensure work responsibilities are covered when absent.
  • Meet department and Company productivity standards.
  • Know your customers and develop and maintain productive working relationships.