Valuation and Financial Reporting Actuary

  • 35117
  • Life - Actuarial
  • |
  • Colorado, United States
  • |
  • May 3, 2019
Insurance
RESPONSIBILITIES
  • Assists with the creation of financial reporting on a CGAAP, STAT and TAX basis for Life and Annuity products.
  • Builds, Maintains and runs complex actuarial models in actuarial software such as MG-ALFA, GGY AXIS, Polysystems, etc.
  • Aids in successful completion of valuation responsibilities such as quarter end reporting, annual filings, cash flow testing, financial projections and budget.
  • Ensures all actuarial calculations and valuation reporting comply with actuarial standards, internal controls and all applicable regulations.
  • Prepares quarterly and annual regulatory reporting, filings and periodic audit/regulatory requests.
  • Responds to valuation and financial questions from internal customers.
  • Provides valuation support for development of new products and/or product enhancements.
  • Identifies and participates in implementation of process improvements.
  • Perform actuarial studies to develop assumptions for mortality, persistency, expenses, etc.
  • Prepares and presents clear and concise analysis and recommendations to Senior Management and Line of Business leaders.
QUALIFICATIONS
  • Bachelor’s Degree in actuarial science, mathematics, statistics or other related field required.
  • FSA preferred; ASA required; prefer 6+ years’ experience in product, valuation, or other actuarial related role.
  • Potential to teach/mentor actuarial students with less experience.
  • Builds collaborative and cooperative relationships, balances customer needs with the best interests of the company; effectively manages conflict.
  • Adjusts to changing events and priorities and displays a positive approach.
  • Makes decisions within guidelines and policies that impact prioritization and time allotment to meet deadlines.
  • Ability to clearly communicate technical work.
  • Advanced proficiency in MS Office including Excel, Access and VBA.
  • Experience with actuarial software such as MG-ALFA, AXIS, Polysystems, etc. preferred.