Senior Associate Actuary, Life Valuation

  • 36702
  • Life - Actuarial
  • |
  • Connecticut, United States
  • |
  • Jan 29, 2020
Insurance
RESPONSIBILITIES
  • Perform monthly, quarterly and annual valuation production duties for GAAP, Stat and Tax for Interest Sensitive Life products.
  • Develop expertise in regulatory requirements for calculation and reporting of reserves, asset adequacy analysis, and cash flow model projections.
  • Analyze and explain model results and deviations from expectations.
  • Develop and execute financial reporting controls and governance structures. Thoroughly document processes, analysis, and results. Critically monitor methods and assumptions, identifying areas to improve. Refine and enhance actuarial calculations, controls, analysis, and reporting processes.
  • Communicate and influence across the organization by sharing financial results across multiple levels of management. Coordinate with auditors, consultants, and other external audiences on the topics of reserving and financial reporting methods.
  • Perform due diligence to ensure the integrity of reported results.
QUALIFICATIONS
  • Undergraduate Degree or 4+ years of comparable work experience; educational concentration in Actuarial Science or Mathematics is preferred.  FSA designation is required.
  • 5-7+ years of experience in Actuarial positions that directly aligns with the specific responsibilities of the position.
  • Programming/modeling skills: proficiency in MG-ALFA and/or MG-TRITON is preferred but not required.
  • Life product knowledge and general insurance business knowledge is preferred but not required.
  • Knowledge of US Stat and US GAAP Life reporting, including PBR & LDTI, is preferred but not required.