Actuarial Associate/Managing Actuary

  • 33791
  • Life - Actuarial
  • |
  • Nebraska, United States
  • |
  • Jun 14, 2018
Insurance Organization
  • Directly supervise a small team of model developers; including activities related to planning, organizing, and staffing. This includes assigning and checking work, conducting on-the-job training, completing performance appraisal(s) and providing coaching and feedback to actuarial staff.
  • Analyzes financial and non-financial data to identify trends or indicators and makes recommendations related to management of the product or product grouping based on analysis of the results.
  • Serves as actuarial project leader, responsible for project design, organization and coordination of all phases. Projects may be related to actuarial modernization, new product implementations, or incorporation of new regulatory or accounting changes.
  • Oversee quarterly roll-forward and production run responsibilities, including the static and dynamic validations.
  • Oversees development of detailed financial projections for Economic capital, asset liability management, cash flow testing, financial plan, economic value, and valuation.
  • Develop and oversee change attribution process that quantifies impacts of all model changes across all actuarial functions
  • Member of change control committee that determines prioritization and approval of model change requests
  • Develop and enforce documentation standards to be utilized for models and processes to a degree such that parties unfamiliar with our processes or models can understand how process flow or how models operate
  • Risk Management; Identifies and assesses risk in actuarial responsibilities. Complies with actuarial standards of practice, precepts and enterprise risk management responsibilities. Supports enterprise wide risk management initiatives.
  • Attainment of the Associate of the Society of Actuaries designation with the completion of 6-8 exams
  • Thorough actuarial background, as well as thorough background in Actuarial Science, Math, Statistics, Economics and/or Computer Science
  • Aptitude for statistical interpretation, a working knowledge of advanced actuarial assumptions and formulae and accounting practices
  • Thorough financial background
  • Strong oral and written communication and human relations skills
  • Product and industry knowledge
  • Experience in the development of financial reports
  • Knowledge of personal computer applications used for analysis
  • May require the ability to teach or foster development in others