Director & Actuary

  • 36230
  • Life - Actuarial
  • |
  • California, United States
  • |
  • Nov 12, 2019
Insurance
RESPONSIBILITIES
  • Plan and execute research activities; Organize and present research findings to support product strategy development.
  • Lead product pricing, support product implementation, execute project plan with on time high quality deliveries.
  • Stay current with all regulatory changes and other new pricing or risk management developments that could impact our product lines.
  • Ensure product development follows product pricing guidelines, meets all regulatory requirements, and meets all internal profit/risk governance standards. Secure all required product approvals.
  • Provide technical guidance and support to product implementation teams.
  • Collaborate with related stakeholders and teams to resolve issues encountered in product development process.
  • Analyze product development process, recommend enhancement to improve efficiency and quality control.
  • Work with direct reports to establish development goals, evaluate their performance, and provide development advices and support.
  • Conduct annual performance review.
QUALIFICATIONS
  • Bachelor’s degree in Mathematics, Statistics, Economics, Actuarial Services, or related field.
  • FSA or ASA designation in the Society of Actuaries with at least 6 years of life insurance product development working experience.
  • Good understanding of the regulations and actuarial guidelines applicable to life insurance products.
  • Strong knowledge in tax, PBR, GAAP, VNB a plus.
  • Able to research and generate creative solutions on various product related issues.
  • Strong research/analytic capability and innovative thinking a plus.
  • Strong communication skills to present business solutions in a clear and concise manner and to collaborate effectively with actuarial and non-actuarial partners.
  • Experience in regulatory compliance related work a plus.
  • Ability to lead multiple projects and meet tight deadlines with thoughtful planning and effective execution.
  • Experience of managing major life insurance product design and implementation a plus.
  • At least two years of experience in managing and developing actuarial staff.
  • Experience using actuarial software a plus.