Assistant Vice President

  • 37039
  • Life - Actuarial
  • |
  • Ohio, United States
  • |
  • Mar 13, 2020
Insurance
RESPONSIBILITIES
  • Responsible for the development of pricing infrastructure and assumptions necessary to compete in the market.
  • Responsible for setting the price for use in each pension buyout bid proposal, working with business development.
  • Decides which cases are suitable and unsuitable for submitting bids due to mortality or plan feature risks.
  • Accountable for acquisition and maintenance of internal and external demographic and mortality data through public and consultant-based sources.
  • Accountable for the development and maintenance of mortality and plan experience measurement infrastructure which enables assumption development specific to diverse pension populations.
  • Responsible for pricing strategy specific to future mortality and longevity expectations.
  • Supports the development of broader market strategy with cross-functional executive leadership.
  • Provides technical explanations and consultative analysis both internally and externally in a clear manner.
  • Manages one to three direct reports and contractors supporting the above responsibilities.
QUALIFICATIONS
  • Bachelor’s degree in Mathematics, Actuarial Science, Finance or similar degree. Certification: FSA, MAAA; EA is a plus but not required.
  • 10+ years of relevant actuarial experience across a broad spectrum of Life Insurance business and assets is desired.
  • At least 5 years of experience with mortality experiences studies and/or pension plan designs and valuation is desired.
  • Experience with data analytics applied to insurance product experience is a plus.
  • Experience with MG-ALFA or Moody’s AXIS is desirable.
  • Experience managing and developing direct reports is desirable but not required.
  • Excellent verbal and written communication skills, ability to analyze, research and present options to internal customers.
  • Knowledge of mortality experience measurement, actuarial principles, pension plan features and design finance theory, risk management, and the financial services industry.
  • Other criteria, including leadership skills, competencies and experiences may take precedence.