Actuary

  • 36858
  • Life - Actuarial
  • |
  • Maryland, United States
  • |
  • Feb 19, 2020
insurance
RESPONSIBILITIES
  • Manage efficient completion of all actuarial valuation deliverables for the company by appropriate timelines. Ensure work is performed in line with company standards.
  • Provide status of key team deliverables to Actuarial / Finance leadership, UK / parent company, and regulators. Coordinate with internal and external parties to identify, manage, and resolve potential risks challenging deadlines.
  • Prepare and deliver management reports for internal and external stakeholders. Ensure clear communication, robust analysis, and identification of emerging issues to senior leaders.
  • Coordinate directly with internal and external auditors to address questions and requests relating to the actuarial reporting function.
  • Take a lead role in assessing and implementing appropriate reporting policy for new products and new reinsurance agreements. Engage with internal and external stakeholders to communicate these policies.
  • Manage the integration of any new processes or models into the production valuation process where necessary to comply with new accounting standards, such as PBR / VM-20 and IFRS17.
  • Ensure appropriate controls are in place, adhered to, and documented. Identify opportunities for continual process improvement and manage efforts to implement these improvements.
  • Establish team goals in line with department priorities, adapt to changing needs, and effectively manage and communicate these across the team.
  • Promote company culture by demonstrating our core behavioral competencies: Collaborative, Purposeful, and Straightforward.
  • Support the development of actuarial talent within your team.
  • Maintain compliance with industry professional development guidelines. Participate in industry committees where necessary.
  • Other duties as required.
QUALIFICATIONS
  • BS/BA in Mathematics, Statistics, Economics, or related field.
  • Fellow of the Society of Actuaries.
  • Minimum of 10 years life insurance / actuarial experience.
  • Minimum of 5 years working in a valuation / financial reporting role.
  • Prior experience leading a team.
  • Strong understanding of life insurance products and the related risks.
  • Technical knowledge across multiple reporting bases.
  • Experience maintaining controlled production processes.
  • Experience with financial reinsurance agreements preferred.
  • Proficient verbal and written communication skills.
  • Ability to motivate a team.
  • Ability to convey technical concepts to non-technical audience.
  • Strong execution and time management skills.
  • Comfortable with changing demands / priorities.
  • Ability to multi-task in a deadline-oriented environment.
  • Strong actuarial analytical skills and problem solving ability.
  • Excellent relationship building and collaboration skills.