Senior Actuary

  • 33732
  • Life - Actuarial
  • |
  • Ohio, United States
  • |
  • Feb 28, 2018
Insurance Organization
RESPONSIBILITIES
  • Construct AXIS models for annuity products, potentially followed by other product lines.
  • Reconcile AXIS with production ALFA and PolySystems models including product cash flows and accounting calculations.
  • Integrate models with modernized data and analytic infrastructure working with Data team and Analytics & Reporting Teams of Actuarial Modernization.
  • Opportunity for model development of our ALFA models already in production.
  • Collaborate with members of the Model Team and model stakeholders, including actuarial leadership and application owners, defining and delivering on model expectations, analytic capabilities, and approaches to accepting and using models .
  • Documentation of model development initiatives.
  • Compiles, categorizes & analyzes data.
  • Leads in Illustrating/reproposals for products and testing illustration software.
  • Builds, maintains, runs, and analyzes actuarial Models, using expert knowledge of actuarial projection and/or valuation models such that the models can be optimized to support multiple applications.
  • Performs financial reporting & analysis.
  • Performs pricing of products.
  • Performs the analysis of risks for lines of business.
  • Establishes and understands reserves using in-depth knowledge and application of statutory, GAAP, and tax valuation standards for products.
  • Analyzes reinsurance opportunities and recommends solutions.
  • Performs other duties as assigned.
QUALIFICATIONS
  • Strong actuarial modeling skills
  • Ability to identify and execute on approaches to analyze model output to assess if the model is operating accurately
  • At least eight years of Actuarial experience
  • Experience with ALFA and/or AXIS
  • Strong communication skills
  • Familiarity with life and/or annuity products and accounting is desirable
  • FSA is preferred but qualified ASAs with the appropriate expertise will also be considered