Actuary Resume Samples
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Actuary Resume Samples
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JM
J Moen
Josue
Moen
6788 Garry Village
Boston
MA
+1 (555) 576 0431
6788 Garry Village
Boston
MA
Phone
p
+1 (555) 576 0431
Experience
Experience
Dallas, TX
Actuary
Dallas, TX
Powlowski-Bruen
Dallas, TX
Actuary
- Track vendor performance and make project recommendations to senior management
- Document work performed and conclusions reached in accordance with IAG’s Global Audit Methodology
- Manage work efforts of team members assigned to projects
- Create cooperative working relationships with our partners, both in and outside Senior Products Actuarial
- Identify and implement process improvements to ensure compliance with CMS rules and decrease future errors (continuous improvement)
- Peer review of work performed by other Actuarial units
- Assist in bridging gap between Financial Statement (FS) and Date of Service (DOS) results to support both financial accounting and performance analysis
New York, NY
Director, Actuary
New York, NY
Durgan, Stehr and Little
New York, NY
Director, Actuary
- Developing and maintaining in-house developed valuation models for living benefit reporting
- Ensuring compliance with valuation and premium filing related laws and actuarial medical loss ratio laws including certifying for various insurance departments
- Providing annual reliance certification for asset adequacy testing including sensitivity testing for EDBS insurance products to Company's Chief Actuary
- Develop automated alternatives to manual illustration & administration testing processes, including regression testing alternatives
- Developing and maintaining in-house developed stochastic-on-stochastic projection model for statutory and GAAP forecasting and other ad-hoc projects
- Designing and recommending insurance risk limits and monitoring actual amount of exposure against such risk limits
- Working knowledge of technical modeling platforms including Excel, Access, and GGY AXIS
present
Chicago, IL
Director & Actuary
Chicago, IL
Dach Group
present
Chicago, IL
Director & Actuary
present
- Financial modeling and pricing execution for PRT transactions
- Research and Development of New Product and Product Feature
- Develop and enhance actuarial models used for cash flow production, Statutory and GAAP reserves, and policyholder behavior
- Analyze mortality and demographic assumptions for pension liabilities
- Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
- Support internal efforts to secure necessary approvals both from Prudential Retirements leaders and other governing bodies across the Prudential Enterprise
- Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
Education
Education
Bachelor’s Degree in Actuarial Science
Bachelor’s Degree in Actuarial Science
Auburn University
Bachelor’s Degree in Actuarial Science
Skills
Skills
- Basic knowledge in retail annuities, including variable deferred annuities, fixed deferred annuities, payout annuities, and index linked annuities
- Proven track record of taking accountability and ownership over work
- Ability to work on multiple projects
- Excellent verbal and written communication skills
- Strong oral and written communication and human relations skills
- Knowledge of risk management & ALM
- Good interpersonal skills
- Knowledge of insurance products and investments including derivatives
- Creativity, awareness of emerging environmental and industry trends, and strong problem solving abilities using business-oriented solutions
- Knowledge of statutory income statements is
15 Actuary resume templates
Read our complete resume writing guides
1
Product Actuary Resume Examples & Samples
- Bachelor’s Degree in mathematics, advanced finance, or similar field of advanced quantitative analysis
- Minimum requirement of Associate of Society of Actuaries
- Minimum of 5 years of product experience in financial services industry with specific knowledge of insurance products (especially annuities)and extensive modelling
- Demonstrated ability to lead development of products and product use ideas from the idea stage to client delivery
- Strong product management and marketing skills
- Demonstrated organizational skills
- Strong track record of partnership across organizational structures
- Excellent analytical, problem-solving and decision-making skills
- Prefer FINRA Series 6 or 7 licensure. If not, must have desire to achieve license within 2 years of hire
2
Actuary Resume Examples & Samples
- Business planning and projections for Life Insurance and Annuity product lines (management basis), and legal entity projections for life insurance subsidiary
- Monitor and analyze financial strength of legal entities
- Create and analyze financial statements and source of earnings analysis by line of business
- Corporate financial projections and Board reporting
- Distribution of surplus (dividends)
- Risk based capital and economic capital calculations and analyses
- Actuarial analyses requested by other finance or business groups
- Regulatory (NYSID, ORSA, Federal Reserve) and rating agency support
- M&A Support on capital/rating agency issues
- Participate in cross-functional meetings and teams, occasionally representing the actuarial function
- Communicate the results of actuarial work to both internal and external parties
- Participate in industry and professional groups
- Peer review of work performed by other Actuarial units
- Provide guidance and supervision to less experienced actuarial staff
- Bachelor’s degree in actuarial science, mathematics or related field
- Fellow of the Society of Actuaries (FSA)
- Minimum 4 - 10 years of actuarial experience
- Minimum 2+ year of experience in at least one area (a) life insurance experience (b) financial planning, or (c) Embedded Value; with additional proficiency with Asset/Liability modeling techniques and in actuarial modeling software, including knowledge of vendor actuarial modeling systems
- Strong knowledge of actuarial concepts
- Strong technical, theoretical, and logical analytical skills for model debugging, analysis of results, and decision making
- Advanced Microsoft Excel experience (VBA, complex calculations and modeling)
- Strong verbal, written and presentation skills
- Proven ability to manage risk along all relevant categories, i.e. financial, people, reputational, operational risks, etc
- Ability to be effective in a virtual environment
- Working knowledge of regulatory framework
3
Gcg-product Actuary Resume Examples & Samples
- Qualified actuary (5-10 years total experience, 3-5 post qualifying)
- Strong end-to end product development skills. Product development includes pricing, design, marketing, tools, technology, service & distribution, underwriting, claims management etc. Most importantly, it encompasses packaging and delivering these components in an integrated manner to create great and sustainable customer experiences
- Strong analytic and finance modeling skills: business planning, sales incentives and distribution support, M&A, financial results (valuation), MIS, pricing
- Deep understanding across key insurance products including A&H, Investment Liked, Traditional, Term and Whole Life, Annuities, Property & Casualty, Credit Insurance, etc. Exposure to Wealth Management business preferred
- Demonstrated ability to trouble shoot, and influence senior stake holders across functions and countries
- Highly organized and commercially savvy
- Strong communications (verbal, written, PowerPoint) and relationship management skills
- Ability to operate in a matrix environment
- Multi-market experience preferred with demonstrated provider and reinsurer networks
4
Life Actuary Resume Examples & Samples
- Significant work experience in an actuarial related area
- Have spent most of their career to date in the life insurance market, either within a company or a consultancy
- Have a wider commercial awareness, including the understanding of wider business issues
- Have an understanding of risk management in a life insurance company context
- Have a good working knowledge of financial reporting, risk and capital, Solvency II, model validation or other related life insurance work
- Have experience of working with large and small insurers
- Have strong oral, listening and written communication skills
- Demonstrate that you stay abreast of industry developments and are able to implement these on projects
- Have a begun to build a profile within the insurance industry, e.g. presenting at industry conferences or contributing to a working party for the Actuarial Profession
- Have the potential to develop strong people management, client handling and development skills, including inter-personal sensitivity and influencing skills
- Have demonstrated an aptitude to develop good client/internal client handling skills, including relationship-building skills that lead to increased consulting opportunities
- Have strong project and financial management skills. The ability to deliver to budget and within timescales is an important skill
- Be flexible and have the ability to multi-task effectively
- Have strong technical, problem identification and analytical skills, most likely with at least one specialist area of experience
- Be commercial, with the ability and experience of working within a broader insurance environment, and with vision as to developments at our clients and opportunities for consulting business
- Be strongly committed to both personal and corporate success
- Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills
5
Director & Actuary Resume Examples & Samples
- Ability to facilitate collaborative efforts to improve team efficiency and effectiveness
- Strategic thinker and influencer; ability to partner with peers and cross functional teams to develop vision and execute on a long term, nimble, and comprehensive actuarial infrastructure
- Experience in Financial and Risk Management including audit, SOX, controls, etc. is helpful
- Experience working on a large scale, joint Actuarial / IT project is a plus
- FSA a plus
- Newark location preferred or ability to travel frequently to Newark
6
Actuary Resume Examples & Samples
- Stress Testing and Scenario Analysis
- Regulatory and rating agency support
- Participate in cross-functional meetings and teams
- Fellow of the Society of Actuaries (FSA) required
- CERA designation preferred
- Minimum 5 - 10 years of actuarial experience
- Experience with stress testing, scenario analysis, ORSA, and Federal Reserve regulatory oversight
- Experience with modeling, assumption setting, experience study analysis
- Strong technical and theoretical analytical skills
- Ability to lead and manage complex projects across multiple groups
- Working knowledge of state and federal regulatory framework
7
Director, Actuary Resume Examples & Samples
- Manage small team of 2-4 actuarial associates responsible for illustration and administration testing, and technical product management analysis
- Work with cross-functional representatives to proactively document and recommend product illustration changes needed as a result of competitive pressures, shifts in market strategies, channel needs, regulatory needs or consumer needs
- Develop business requirements for illustrations for new products, features, and revisions to existing products
- Assist in the enhancement and programming of an actuarial test tool to be used to validate illustration & administration changes, both for new business and for inforce illustrations & administration
- Develop automated alternatives to manual illustration & administration testing processes, including regression testing alternatives
- Provide on-going detailed knowledge and problem resolution within Product and to business partners across the organization
- Provide actuarial support for non-illustration inquiries and research & analysis as needed
8
Group Portfolio Actuary Resume Examples & Samples
- Report on, provide analysis, make inferences, and disseminate to stakeholders the business implications of emerging financial results and related metrics, particularly earning by sources (EBS), morbidity, mortality, capital impact, etc
- Determine and develop the data, reporting/monitoring & analysis required for group insurance products; ensure existing data, reporting/monitoring and analysis capabilities for group insurance products are maintained and enhanced, as required
- Provide direct support to Canadian Life and Health Actuarial (CLHA), pricing & finance functions as it relates to valuation, model building, DCAT, EBS, financial planning & forecasting and audits
- Collaborate with stakeholders to ensure effective completion of all annual, quarterly and monthly actuarial processes; including but not limited to: experience studies and assumption inventories (annual), valuation and EBS (monthly), financial plan and forecast (semi-annual), etc
- Fellow of the Society of Actuaries or Canadian Institute of Actuaries
- Knowledge of a broad area of expertise (by product and by function), in particular group insurance, gained through 10+ years of direct or indirect related work experience and training
- Advanced knowledge of insurance products; encompassing product design and features and their impact on insurance risk; advanced proficiency with administration and insurance accounting under applicable GAAP bases
- Advanced knowledge of actuarial theory and insurance related practices
- General knowledge of life insurance law, underwriting principles and life insurance taxation
- Ability to work effectively as a senior member in a matrix organization and prioritize in a deadline oriented environment
- Ability and willingness to partner effectively with other actuarial leaders, as well as with leaders of other functional areas
- Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture"
- Ability to deal with ambiguity and flexibility to adapt to change
- Ability to communicate effectively with both technical and non-technical audience (both oral and written)
- LI-DC1
9
VP & Actuary Resume Examples & Samples
- Lead a coordinated actuarial review of US GAAP valuation methodology and practices in place in each country to drive consistency in approach and strong adherence to Internal and External GAAP standards. Prepare documentation of issues and collaborate to drive resolution across countries and with Corporate Actuarial and PwC
- Develop deep product knowledge in order to evaluate valuation approaches/processes in place for inforce products; consult with countries to vet new product methodology. Establish regular communication mechanisms with the countries to facilitate this result
- Perform targeted quality review of practices, especially as issues emerge and the diversity of practice needs to be understood and evaluated
- Prepare and deliver training in country on relevant US GAAP theory / methodology to the country valuation teams. May be targeted, to meet a specific need, or generalized training for a newly acquired operation
- Interface with US GAAP modeling team to ensure implementation is complete and accurate
- FSA with a minimum of 10 years of actuarial experience preferred
- Broad understanding and relevant experience with US GAAP reporting in Life and /or Annuity products is required
- Strong analytical skills, including the ability to assimilate concepts and assess valuation practices across country operations
- Excellent written and verbal communication skills, particularly in presenting technical concepts and preparing documentation
- Conceptual thinker who is able to provide valuation expertise and work independently or in a team setting, as needed
- PolySystems knowledge is a plus
- Some international travel will be necessary
- Ability to collaborate and work effectively with various stakeholders from different cultures across PII's country operations
10
Director, Actuary Resume Examples & Samples
- Ensure that all financial reporting deliverables are met in a timely fashion
- Perform attribution analysis and prepare monthly, quarterly, and year-end exhibits; provide explanations of financial impacts to management
- Develop and/or improve documentation on processes
- Support the implementation of assumptions for the annual DAC unlock and the analysis of financial impacts associated with each assumption update
- Maintain appropriate controls; address control weaknesses and implementation of CAD standards
- Maintain and continue to improve procedures and tools
- Support efforts to integrate Legacy Prudential and Legacy Hartford exhibits or processes as appropriate
- Associate or new Fellow of the Society of Actuaries designation (ASA or new FSA), with 4+ years of actuarial experience
- Strong quantitative and analytical skills
- Ability to handle multiple assignments and meet deadlines
- Excellent oral and written communication skills
- Knowledge of individual life products preferred
- Familiarity with GAAP reporting preferred
- Ability to partner effectively with colleagues across multiple business groups and corporate areas
- Highly motivated, conceptual thinker who is able to work independently or in a team and take a leadership role in a wide variety of assignments
11
Director & Actuary Resume Examples & Samples
- Financial modeling and pricing execution for PRT transactions
- Research and Development of New Product and Product Feature
- Develop and enhance actuarial models used for cash flow production, Statutory and GAAP reserves, and policyholder behavior
- Analyze mortality and demographic assumptions for pension liabilities
- Collaborate with the Asset Liability Management (ALM) group on investment assumption development and execution for pricing funded transactions
- Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
- Collaborate with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
- Support internal efforts to secure necessary approvals both from Prudential Retirements leaders and other governing bodies across the Prudential Enterprise
- Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
- College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred
- Typically FSA required
- Ten plus years of actuarial experience
- Superior technical skills and ability to understand complex quantitative concepts and models
- Investment or ALM experience would be a big plus
- Good communication skills, particularly in presenting results to senior executives
- Strong project management skills and ability to juggle multiple urgent priorities
- Creative problem-solver, particularly in areas with very little clarity or precedence
- Other risk/investment professional designations such as CFA, CERA, PRM, FRM or advanced degrees are not required but would be welcomed
- Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards
- Fast learner and ability to work in a multi-functional team environment
12
Director, Actuary Resume Examples & Samples
- Financial modeling and pricing execution for PRT transactions
- Research and Development of New Product and Product Feature
- Develop and enhance actuarial models used for cash flow production, Statutory and GAAP reserves, and policyholder behavior
- Analyze mortality and demographic assumptions for pension liabilities
- Collaborate with the Asset Liability Management (ALM) group on investment assumption development and execution for pricing funded transactions
- Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
- Collaborate with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
- Support internal efforts to secure necessary approvals both from Prudential Retirements leaders and other governing bodies across the Prudential Enterprise
- Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
- College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred
- Typically FSA or near FSA required
- Six plus years of actuarial experience
- Superior technical skills and ability to understand complex quantitative concepts and models
- Investment or ALM experience would be a big plus
- Good communication skills, particularly in presenting results to senior executives
- Strong project management skills and ability to juggle multiple urgent priorities
- Creative problem-solver, particularly in areas with very little clarity or precedence
- Other risk/investment professional designations such as CFA, CERA, PRM, FRM or advanced degrees are not required but would be welcomed
- Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards
- Fast learner and ability to work in a multi-functional team environment
13
Director & Actuary Resume Examples & Samples
- Provide an analysis of pension plan provisions and proposed deal structure as part of the pre-sales process, identifying any new or unusual risks as well as specific deal features that present pricing, on boarding or implementation challenges
- Review client Request For quotations documents and ensure that the Business, Underwriting, Pricing and Administration teams interpret these documents correctly and consistently
- Work with the Pricing team to independently replicate Pension and Annuity cashflows using the Best Estimate assumptions along with all reserving and capital scenarios in order to validate the liabilities used in our pricing models
- Provide review and signoff of Term Sheets and draft/review legal document language relating to the benefits characteristics that underlie our premiums and fees
- Actively engage as a member of the transaction team from initial evaluation and quotation, through the on-boarding process
- Manage and take ownership for the development of one actuary
- Act as the initial point of contact between the PRT Actuarial and the head of longevity risk transfer
- Engage with the Underwriting team to complete annual cashflow repricing efforts to support our inforce book of business
- Bachelors Degree
- Minimum 5 years of actuarial work experience in Retirement and/ or Insurance
- Actuarial credentials strongly preferred
- Experience with non-U.S. pension plans a plus
- Demonstrate significant analytical skills
- Demonstrate excellent written and verbal communication skills
- Ability to work independently and also to collaborate with multiple teams on complex transactions
- Willing and able to travel 5 percent, domestically and internationally
- Strong Microsoft excel and word skills
14
Director, Actuary Resume Examples & Samples
- Driving the valuation systems conversion for Prudential and acquired Hartford block of individual life business
- Refining reserve calculation methodologies and evaluating reserve impact due to regulation requirement changes
- Documenting any system changes / issues, testing plans and results and having necessary controls in place for the integrity of the results generated by the system
- Leading actuarial valuation projects and working closely with other cross-functional teams such as pricing, modeling, experience study, external and internal auditors / regulators
- Managing and developing other actuarial team members
- Fellow of the Society of Actuaries designation (FSA), or near-FSA with at least 5 years of actuarial experience
- Hands on experience with Statutory / GAAP financial reporting or actuarial modeling, and in-depth knowledge of life or annuity products
- Prior experience on system conversion / PolySystems is a plus
- Solid oral and written communication skills, ability to lead project and communicate goals, and be able to independently coordinate and collaborate with internal cross-function teams and external auditor / regulator
- Highly motivated, conceptual thinker who is able to work independently and take a leadership role in a variety of assignments
- Creative problem solver and strong actuarial project management skills, strong quantitative and analytic skill sets
15
Open UL Valuation Manager, Actuary Level Resume Examples & Samples
- Directs and provides leadership in the Statutory, Tax and IFRS valuation of our UL insurance products. Oversees a small team within the FAS97 valuation area
- Spearheads the quarterly valuation of our most visible block of UL products
- Will provide and present a quarterly attribution analysis of IFRS earnings to divisional CFO and Chief Actuary
- Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace as well as those specific to UL block
- May represent the company on industry and professional committees and/or with regulators
- Will supervise a small team of actuarial students
16
Director, Actuary Resume Examples & Samples
- Model Building: Supporting the building of models and analytical tools to support the activities of the Model Risk Management group. This will involve the development of the models and tools as well as the analyzing of output
- Reporting: Supporting preparation of regular model risk status reports and reporting key observations and compliance/non-compliance with the model governance policy to Model Risk Oversight Committee. This will include ensuring that emerging risks are identified and appropriately addressed
- Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Sciencebased, or related analytical field
- Attainment of the Society of Actuaries FSA designation, or near FSA, is desired; attainment of ASA at a minimum
- 5+ years of experience in an actuarial field is desired
- 3+ years of experience in model development, implementation and/or validation is required
- Experience with capital planning or asset adequacy testing is desired
- Experience with retirement or group insurance products is desired
- Strong reasoning and excellent communication skills. Ability to understand complex actuarial, investment and financial issues and synthesize knowledge into a clear, concise view, reflecting unique insights based upon thoughtful analysis, to inform senior management decision-making. Must be able to communicate highly technical concepts simply to a non-technical audience, both verbally and in written communication, to achieve desired objectives
- Demonstrated advanced knowledge of software packages used in business communication such as MS Excel, Word and PowerPoint is required. Ability to convert technical findings into clear and concise PowerPoint presentations will be very important for this role
- 2+ years experience managing one or more direct reports, or managing more junior level resources on projects
- Ability to build and manage strong relationships while challenging and influencing people in a constructive manner
- Proficiency in the use of modeling software packages, such as MG-ALFA, Prophet, PolySystems, MATLAB, and VBA
- Working knowledge of programming languages, such as C, C++, JAVA is desired
- Skilled with database development, maintenance, and extraction of data for reporting is desired
17
Director, Actuary Resume Examples & Samples
- Participate in the Enterprise Risk Management (ERM) and Corporate Actuarial model governance plans. Support the interpretation of the ERMs policy and standards into feasible Standard Operation Procedures (SOPs) and guidelines
- Perform model development, model testing, and independent model review. Support domestic actuarial groups to comply with model governance requirements
- Participate in Model Network to enhance the communication in the modeling community and leverage best practices
- Coordinate with Actuarial Process & Technology group to recommend solutions to improve the model operation efficiency and consistency
- Provide technical model training for domestic actuarial groups
- Research innovative modeling approaches to enhance the model capabilities and control
- Coordinate with other Corporate Actuarial functions to ensure consistency on modeling related issues
- Fellow of the Society of Actuaries designation (FSA) or near FSA preferred
- A minium of 3 years of actuarial modeling experience
- Highly motivated, conceptual thinker who is able to work effectively in a wide variety of assignments
- Exposure to multiple lines of business
- Experience in actuarial modeling systems and programming software such as GGY Axis, ALFA, PolySystems, SQL, C++, and VBA
- Knowledge of practices related to pricing, valuation, risk management, and insurance accounting
18
Director & Actuary Resume Examples & Samples
- Collaborate in the Enterprise Risk Management (ERM) and Corporate Actuarial model governance plans. Support the interpretation of the ERMs policy and standards into feasible Standard Operation Procedures (SOPs) and guidelines
- Lead and execute in the model development, model testing, and independent model review. Support domestic actuarial groups to comply with model governance requirements
- Participate in Model Network to enhance the communication in the modeling community and leverage best practices
- Coordinate with Actuarial Process & Technology group to recommend solutions to improve the model operation efficiency and consistency
- Provide technical model training for domestic actuarial groups
- Research innovative modeling approaches to enhance the model capabilities and control
- Coordinate with other Corporate Actuarial functions to ensure consistency on modeling related issues
- Fellow of the Society of Actuaries designation (FSA) or near FSA, with at least 7 years of actuarial modeling experience
- Highly motivated, conceptual thinker who is able to work effectively in a wide variety of assignments
- Ability to partner effectively with colleagues across multiple business groups and corporate areas
- Strong quantitative and analytical skills
- Excellent oral and written communication skills
- Exposure to multiple lines of business
- Experience in actuarial modeling systems and programming software such as GGY Axis, ALFA, PolySystems, SQL, C++, and VBA
- Knowledge of practices related to pricing, valuation, risk management, and insurance accounting
19
Managing Actuary Resume Examples & Samples
- Bachelor degree
- FSA/MAAA or ASA/MAAA plus relevant advanced degree, and/or extensive work experience, and/or other relevant professional designations
- Management capability, has led staff before
- Experience in more than three functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving, or trending) and more than one product
- History of developing strong team needed for succession planning, avoiding business disruption during student rotations and unanticipated turnover
- Combines technical and management skills - integrates the technical skill set of the Actuary role with organizational ability to hire, provide feedback, and develop human capital
- Emotionally intelligent, manages conflict
- Able to translate technical issues for non-actuarial audiences and demonstrates strategic influence
- Distinguishes truesense of urgency
- Emotionally intelligent, persuasive - effectively communicates decisions
- Excellent verbal, written and presentation skills
- Ability to communicate directly and build trust with senior leaders essential
- Comprehensive knowledge of health insurance industry and health care claim analysis
- Ability to stay current with health care payment issues/trends
- Advanced mathematics, statistics, and other actuarial technical knowledge
- Initiative, work ethic, ambition, and an appetite for challenging and often unstructured assignments
- Ability to be flexible, accommodating shifting priorities and demands, and reacting quickly to developing issues
- A team player and self-starter
- Commercial Group experience preferred; previous experience in other businesses could be considered a plus
20
Director, Actuary Resume Examples & Samples
- Developing and maintaining in-house developed valuation models for living benefit reporting
- Developing and maintaining in-house developed stochastic-on-stochastic projection model for statutory and GAAP forecasting and other ad-hoc projects
- Performing model validation and documentation
- Ad-hoc research and development
- Strong quantitative and analytical skills required
- Degree in mathematics, actuarial science, finance, computer science, or other related quantitative field required
- Actuarial credentials ASA/FSA preferred
- Experience in annuity pricing, valuation, and/or VA dynamic hedging required
- Experience in programming required. Strong skills in C/C++, Excel/VBA programming desired
- Ability to identify problems and implement comprehensive solutions
- Strong documentation skills
21
Actuary Manager Resume Examples & Samples
- Bachelor's Degree in Mathematics
- Expert knowledge of Excel
- Working knowledge of Access or other database application
- Working knowledge of data analysis and Actuarial principles
- 7+ years of Actuarial and/or statistics experience
- Attainment of Fellowship-level in the Society of Actuaries (FSA)
- Experience with SAS or other programming language
22
Director, Actuary Resume Examples & Samples
- Reviewing valuation and financial reporting of insurance products within Enterprise Discontinued Business Solutions (EDBS)
- Setting actuarial assumptions for mortality, morbidity risks claim trends, interest rates and expense based on experience and industry studies
- Reviewing and providing approval for projected claims, premiums, expenses and actuarial reserves for quarterly financial reporting and forecasting purposes and for multi-year planning
- Certifying quarterly actuarial memos for the Company's Chief Actuary
- Setting GAAP, STAT and Tax reserves for EDBS insurance products
- Providing annual reliance certification for asset adequacy testing including sensitivity testing for EDBS insurance products to Company's Chief Actuary
- Formulating strategy for re-pricing of Individual Health and other products within EDBS
- Certifying the actuarial memos justifying the rate increases and negotiating a need for proposed rates with various insurance departments
- Ensuring compliance with valuation and premium filing related laws and actuarial medical loss ratio laws including certifying for various insurance departments
- Setting up reserves for Vantage Casualty Insurance Company by coordinating with the appointed Casualty Actuary
- Providing reinsurance certification as the reinsurance officer to Insurance Risk Management area
- Implementing and maintaining model governance processes
- Supervision and talent development of EDBS Actuarial team
- ASA required, FSA strongly preferred
- Five years experience in health products
- Strong analytical and problem solving skills
- Intermediate skill in MS Excel, Working knowledge of MS Access a plus
- Flexibility to learn various products quickly
- Experience in risk management and model governance is a plus
- Excellent verbal and written communication skills
- Qualified to provide Statements of Actuarial Opinion (preferred)
23
Director, Actuary Resume Examples & Samples
- Developing and reviewing insurance risk stress scenarios and aggregation methodologies
- Coordinating Insurance Risk related efforts and responses around Fed regulation and international regulation
- Producing the Insurance Risk ORSA submission and related documentation
- Working across ERM in developing an extreme stress framework and risk appetite
- Designing and recommending insurance risk limits and monitoring actual amount of exposure against such risk limits
- Working closely with Corporate Actuarial BU Actuaries, and Finance areas to identify and review material insurance risks in existing and new products
- Working closely with the Chairs of the Insurance Risk Committee to set meaningful agendas for meetings and driving progress through follow-ups and next steps
- Partnering with Treasurers to implement insurance risk aspects of Required Capital
- Supervising 1 (potentially 2) more junior associates
- Ability to partner across multiple business groups and corporate areas and influence business partners at all levels
- Strong analytical and critical thinking capabilities with ability to apply background to new situations
- Strong oral and written communication skills
- Strong project management skills and the ability to manage multiple tasks / initiatives
- Detail oriented and analytical
- FSA designation preferred
- Experience with multiple lines of business and multiple actuarial functions a plus
- Experience with insurance accounting a plus
24
Director, Actuary Resume Examples & Samples
- A minimum of 3 years of actuarial modeling experience in valuation and projection is desired
- ASA or FSA with minimum of 4 years of actuarial experience is required, CFA a plus
- Minimal travel will be required (a couple of times a year)
- M&A, reinsurance transaction, IFRS, PBR, and/or Solvency II knowledge and experience is a plus
- Strong leadership experience
- Strong project management skills
- Excellent written and verbal communication skills, in particular documentation
- Broad understanding and relevant experience with Life and /or Annuity products
- Creative problem solver with focus
- Programming experience, preferably in C type language, is a plus
- Strong quantitative and analytics skills, includeing the ability to assimilate concepts and assess situations
25
Director, Actuary Resume Examples & Samples
- FSA with at least 7 years of actuarial experience, preferably in multiple disciplines (e.g., pricing, reserve valuation, hedging). ASA will also be considered
- Experience with life, annuities and/or retirement products and associated key GAAP accounting pronouncements, loss recognition and recoverability testing
- Knowledge of statutory reporting and valuation, including experience with Asset Adequacy Testing is preferred
- Strong written and oral communication skills
- Ability to partner effectively with multiple business groups, corporate areas, and independent auditors
- Highly motivated, conceptual thinker who is able to work independently and/or in a team, and take a leadership role in a wide variety of assignments
- Working knowledge of Actuarial Systems (i.e. PTS, GGY Axis, PolySystems, Triton, MG-ALFA, MoSES, etc)
- Experience with risk assessment, control analysis, audit procedures and standards, sampling techniques, and the internal framework of control is a plus but not required
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Risk Modeling Actuary Resume Examples & Samples
- Develop, enhance and use computer models and other software to perform risk analyses and devise risk managing strategies
- Utilize advanced data analysis concepts to conduct research, develop procedures, support client deliverables, and make recommendations to management on our risk exposures
- Support our economic framework modeling and analyses, and our International Financial Reporting Standards (IFRS) modeling and analyses, including participating in presentations to SVS and I&R Senior management
- Develop and maintain our Business Continuity Process controls for the risk model and support the development of other control processes as required for various financial reporting processes
- Review experience studies analyses in coordination with others in I&R to support our actuarial assumptions
- Provide other technical and analytical support as needed for management of the business
- Ability to read, write and run complex financial modeling software (prefer experience with MoSes, C++ and MATLAB)
- Ability to perform accurate and timely analyses in support of the division is critical
- Ability to understand and translate technical jargon into business terminology
- Minimum of 5-years experience in asset liability management, risk analysis or other related investment work
- Ability to establish relationships and achieve objectives with other departments both within and outside of Transamerica Stable Value Solutions
- Demonstrate a high level of technical expertise and an understanding of current trends in both actuarial science and investments
- Demonstrate an understanding key financial indicators and the implications of business actions and decisions
27
Director & Actuary Resume Examples & Samples
- Direct and perform experience study for actuarial assumptions to support group Disability pricing and forecasting models
- Identify potential risk drivers and direct data mining efforts to improve Group benefit Pricing and forecasting model
- Direct and build comprehensive Pricing model to improve risk selection and support substantial profitable growth
- Direct and build forecasting model to better predict financial results
- Recommend pricing strategy for new business and renewal
- FSA or FCAS with 7+ years of experience required, with at least 3 years of Group Insurance experience
- Highly motivated and creative problem solver; able to thrive in a fast-based, results-oriented environment
- Ability to convey sense of urgency and to work productively with internal and corporate business partners
- Excellent communication skills; ability to communicate results and influence business partners as well as senior management
- Superior technical expertise in actuarial risk-based modeling; ability to perform complex actuarial analysis; experience in predicative modeling work preferred
- Collaborative and team-oriented leadership style. Market exposure in group benefit/commercial lines
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Director, Actuary Resume Examples & Samples
- Direct the design, development and maintenance of Disability actuarial database
- Direct the design and development of metric reporting to effectively monitoring Disability pricing and forecasting accuracy
- Managing data to support Disability pricing and forecasting experience study
- Highly motivated and creative problem solver; able to thrive in a fast-based, results-oriented environment
- Ability to convey sense of urgency and to work productively with internal and corporate business partners
- Superior technical expertise in database construction and data mining
- Collaborative and team-oriented leadership style. Market exposure in group benefit/commercial lines
- Solid Disability product knowledge and actuarial experience study background
- VB .NET, SQL Server, VBA, Crystal Reports, Business Objects
- Microsoft Office (Excel, Access, PowerPoint)
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Careplus Regional Actuary Resume Examples & Samples
- Associate of Society of Actuaries (ASA) designation and MAAA
- Meets eligibility requirements in Humana’s Actuarial Professional Development Program (APDP)
- Advanced Technology Skills, including experience with SQL and SAS
- Ability to certify statements of Actuarial opinion
- Ability to translate technical issues to staff and manager
- Team building skills
- Project management capability - able to plan and organize work for self and others on a team
- Experience in more than one discipline (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
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Director & Actuary Resume Examples & Samples
- FSA with at least 7 years of actuarial experience, preferably in multiple disciplines (e.g., pricing, reserve valuation, hedging). ASA will also be considered
- Experience with life, annuities and/or retirement products and associated key GAAP accounting pronouncements, loss recognition and recoverability testing
- Knowledge of statutory reporting and valuation, including experience with Asset Adequacy Testing is preferred
- Strong written and oral communication skills
- Ability to partner effectively with multiple business groups, corporate areas, and independent auditors
- Highly motivated, conceptual thinker who is able to work independently and/or in a team, and take a leadership role in a wide variety of assignments
- Working knowledge of Actuarial Systems (i.e. PTS, GGY Axis, PolySystems, Triton, MG-ALFA, MoSES, etc)
- Experience with risk assessment, control analysis, audit procedures and standards, sampling techniques, and the internal framework of control is a plus but not required
31
VP & Actuary Resume Examples & Samples
- Bachelors degree is required
- Fellow of the Society of Actuaries (FSA) and 10 years of actuarial experience is required
- Meaningful experience with valuation, pricing and product development for life, annuities and retirement product lines is desired
- Knowledge of GAAP reporting, statutory reporting, as well as, risk-neutral and market-consistent valuation techniques
- Knowledge of emerging topics in actuarial science, such as stochastic modeling, fair value reporting, hedging techniques and strategies, market consistent pricing and/or principles-based reserving is ideal
- Knowledge of risk assessment, control analysis and audit methodologies is ideal but not required
- Excellent oral and written communication skills
- Ability to partner effectively with multiple business groups, corporate areas, and independent auditors
- Highly motivated, proactive, conceptual thinker who is able to work independently or in a team, and take a leadership role in a wide variety of assignments
- Knowledge of industry valuation systems, and various modeling tools and concepts is a plus
32
Senior Actuary Resume Examples & Samples
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience. In lieu of Bachelor's, will accept Master’s in a listed discipline and 6 years or relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience. Demonstrates high quality leadership, judgment, organization and prioritization skills. Exhibits effective management skills to motivate and develop a staff. Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. Works well under pressure and within time constraints to effectively accomplish individual and team objectives
- Experience with control procedures and financial models are strongly desired
- Audit and risk experience is helpful, as is understanding of process improvement protocols and IT-type controls
- A broad background of insurance products including life, individual health, and annuities is desired
- A background on actuarial modeling platforms such as ALFA, MoSes and GGY Axis is strongly desired
- Strong communication skills, both verbal and written, as well as outgoing personality to forge relationships with the model owner teams is essential
33
Actuary Level Resume Examples & Samples
- This is a cross functional role in a cross functional team. The position will work closely with the Program Business and Project Managers, model/process owners, IT, and Business Units (L&P, I&R, TBS, & Corporate), and with AEGON more broadly, to help plan and execute on program and projects, and mitigate program and project issues
- Support various business work streams of various sub-projects beneath the main program, including Transformation Road Map design, and product implementations
- Assist with architecturally developing coherent financial reporting, product management and business support processes across all Transamerica products and financial reporting frameworks
- Business and Information Technology Sourcing expertise
- Working/planning/managing business ownership in information technology projects/portfolios
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Director & Actuary Resume Examples & Samples
- Developing and maintaining model documentation that describe current and/or future state, including inputs, outputs, calculations, assumptions, methodology and operating instructions. This includes model process documents, SOPs, change management documentation, business & technical specifications, and other forms of communication
- Perform model testing, affirmation and periodic intelligent cell testing of all LTC Actuarial models. Support model reviews performed by independent groups (AMG, MRMG, Internal Audit, PwC)
- Contribute to the success of model risk management and governance programs for LTC Actuarial by staying current on and enforcing compliance with established enterprise model risk management policies and AMG procedures across all models
- Develop expertise in LTC Actuarial models via support of model governance activities, interaction with designated model owners, review of historical artifacts and model code base as well as model operating instructions
- Understand and articulate the impact of model governance procedures on all model activities and the execution of those procedures on behalf of model owners
- Propose solutions or new ideas that enhance model quality, stability, effectiveness and efficiency
- Bachelors degree is required
- Associate of Society of Actuaries (ASA) is strongly preferred
- A minimum of 5 years of actuarial modeling experience is required
- Experience with Polysystems and MG-ALFA are preferred. Knowledge of GGY Axis is a plus
- Strong knowledge of MS Office tools including Microsoft Excel, Access, Visual Basic and Visio are required
- Experience preparing, reviewing, editing, and controlling technical or process documents
- Ability to analyze and organize complex subject matter and transform it into easy-to-understand language and diagrams
- Highly motivated individual who is able to work within a team environment or independently on a variety of assignments
- Knowledge of practices related to Valuation, Forecasting, Asset Adequacy Testing, Loss Recognition Reserve Testing and/or Pricing are preferred
- Industry knowledge and experience of LTC, Disability, and Life Insurance products is a plus
- Ability to demonstrate a high degree of initiative, curiosity, with an eagerness to learn
- High level of self-motivation and ownership of results
- Detail oriented with ability to multitask
- Strong analytical skills including the ability to think critically and logically
- Strong interpersonal and communication skills
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Director, Actuary Resume Examples & Samples
- Support the planning and management of actuarial modeling projects. Lead work streams and drive projects to a successful completion
- Serve as a subject matter expert on actuarial calculations and processes. Provide the big picture perspective to initiative planning
- Manage relationships with business partners such as ESFS and Actuarial Model Governance (AMG). Communicate, negotiate and monitor dependencies
- Become an expert in actuarial change control and enterprise model governance procedures. Ensure the SOP requirements are met in all project plans
- Create or review documentation as needed, e.g. scope and business requirements
- Regularly communicate project status to Annuities Actuarial management and other stakeholders. Present recommendations for management decisions on high impact items
- Bachelors or higher degree in one of the following : mathematics, statistics, economics, actuarial science, computer science, business administration, finance
- Associate of the Society of Actuaries (ASA) Designation. At least five years Actuarial experience
- Demonstrated ability to lead technical projects and drive them to completion
- Strong written and verbal communication skills
- Ability to communicate mathematical/actuarial concepts to non-technical partners
- Experienced user of MS Excel, MS Word, and MS Powerpoint
- Ability to prepare and make presentations to cross functional audiences
- Experience in GAAP and Statutory valuation for variable annuity products is desirable
- Variable annuity and GGY Axis experience is a plus
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Director, Actuary Resume Examples & Samples
- Lead the Model Governance team for the Annuities Actuarial Department
- Partner with AMG to assure that the Annuity models are in compliance with corporate Model Risk guidelines
- Develop and maintain test tools used to validate actuarial production models used for valuation and forecasting
- Perform independent model review and testing of Annuity production models
- Manage and coordinate the process for developing and maintaining required actuarial model documentation as outlined in the AMG Standard Operating Procedures
- Write, edit, and manage required model documentation as needed, following the documentation standards set out by AMG
- Manage control functions related to the production of actuarial reserves and DAC
- Manage a team of three
- A minimum of 3 years of actuarial modeling experience
- Ability to partner effectively with colleagues across multiple functional groups and corporate areas
- Knowledge of practices related to valuation, risk management, and insurance accounting
- Knowledge of variable annuities a plus
- Supervisory experience preferred
37
Actuary, Macquarie Wealth Management Resume Examples & Samples
- Executing capital models for the life insurance business
- Working with the BFS Investment Governance Team to execute elements of the investment governance framework including investments due diligence, monitoring performance & trustee limits and stress testing
- Assisting in the development and maintenance of solutions to meet the actuarial and analytical needs of the Wealth Management business
- Assisting in pricing analysis
- Assisting in the development and execution of data reporting initiatives within the Commercial Management team
- Be self-motivated, work independently and demonstrate strong multi-tasking skills
- Demonstrate strong problem solving, analytical and communication skills including the ability to communicate technical information to business stakeholders
- Demonstrate technical experience in Excel, data object applications (e.g. MS Access) and financial modelling software (e.g. mo.net)
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Actuary Resume Examples & Samples
- Understand CMS requirements for Medicare Advantage bids and provide support and guidance to others involved in the development of MA bids
- Peer review Medicare Advantage bids prepared by others
- Direct the development of sound bid compliance tools and train others on their use
- Participate in various audits of Humana’s Medicare Advantage bids, including CMS Desk Review, CMS bid audit and audits by Humana partners
- Identify and implement process improvements to ensure compliance with CMS rules and decrease future errors (continuous improvement)
- Prepare documented observations, analyses and interpretations of results
- Prepare documentation of bid processes
- Create cooperative working relationships with our partners, both in and outside Senior Products Actuarial
- Manage small staff of actuaries. Duties include associate development, mentoring to technical professionals, project prioritization and the effective communication of findings to key stakeholders
- Requires communication and presentation skills, working independently with Senior Products Actuarial and Finance on actuarial analyses and recommendations regarding appropriate courses of actions
- Accountability: Meets established expectations and takes responsibility for achieving results; encourages others to do the same
- Acts Strategically: Makes decisions and sets strategy based on the long-term vision, uses an enterprise-wide perspective to translate strategies into actions, inspires others to embrace and advance the strategy, and creates a clear view of the future state
- Interpersonal Effectiveness: Understands oneself, effectively manages emotions, listens and communicates with respect, and builds trusting relationships
- Leads Change: Guides and energizes others, models adaptability, and inspires strong organizational performancethrough periods of transformation, ambiguity, and complexity
- Bachelor’s Degree
- FSA or ASA plus relevant advanced degree, recent and relevant work experience, and/or other relevant professional designations
- MAAA
- Strong communication skills
- Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
- Deep Humana specific or Line of Business (LOB) knowledge
- Independent consulting ability
- Ability to translate technical issues for non-Actuarial audiences
- Ability to think holistically through a project
- Health industry knowledge
- Confidence to influence beyond Actuarial function
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Director, Actuary Resume Examples & Samples
- Directly partners with the Retirement Finance BFO and Capital Management teams in the development and communication of forecasts for the Retirement business
- Understands and supports coordination of key actuarial inputs to the forecasting process via close partnership with all of the other teams across Retirement Actuarial (Financial Reporting, Valuation Modeling, Pricing, Capital and Risk Management, ALM)
- Uses existing tools and models to develop analysis to influence business decision making
- Supports analysis that provides insight to Retirements business leaders on actuarial implications of business decisions, including risks, opportunities, and inherent uncertainty and variability in forecasts
- Proactively seeks out opportunities to use forecasting analytics to influence the strategic direction of Retirement business
- Influences the development of the end-state forecast modeling platform based on analytical needs
- Fellow of the Society of Actuaries (FSA) or near FSA with 5+ years of business/actuarial experience
- High-energy individual who brings positivity and optimism to their work
- High degree of curiosity coupled with courage and strong judgment; is not afraid to ask questions, challenge the status quo, and make recommendations
- Knowledge of Retirement products, including product features and drivers of earnings and risk
- Ability to interpret and analyze GAAP, Stat, and economic balance sheets and income statements
- Working knowledge of technical modeling platforms including Excel, Access, and GGY AXIS
- Ability to communicate complex relationships and actuarial calculations at an appropriate level to non-technical audiences in a manner that influences business strategy
- Ability to see how many individual component pieces (inputs, assumptions, and calculation logic) come together to form a cohesive financial projection
- Ability to analyze model projections and dig deep to establish cause and effect relationships
40
Provider Development Actuary Resume Examples & Samples
- Builds relationships with business partners and influences decisions to appropriately manage risk
- Equip contracting leadership with intelligence allowing them to contract the best price point in the market, or to evaluate merger and acquisition synergies
- Development of sound applications and models necessary to efficiently measure, monitor, and forecast competitiveness
- Support commercial actuarial teams with re-pricing factors, network cost factors, and adjustments to core trend due to emerging contracting changes
- Leverage industry practice and actuarial pricing knowledge to proactively implement processes and procedures which manage risk
- Identifies and implements analytical process improvements which generate a competitive advantage
- Produce insights and analysis that serve as a resource for network, actuarial segment, and segment sales leaders in aspects related to medical cost and utilization analysis and provider economics
- Produce cost and utilization statistics for data mining and modeling to appropriately price Humana’s business
- Understands, simplifies, and clearly communicates results of analysis to internal and external business partners
- Prepares comprehensive documented observations, analyses and interpretations of results including technical reports, summaries and quantitative analyses
- Increase sales by producing actionable information to enhance prospecting and sales resource allocation
- Influence external consultants by telling the Humana story
- To leverage best in class technology and analytics in our work
- Comply with Actuarial Standards of Practice, Standard Valuation Law, and NAIC developments
- FSA or ASA plus relevant advanced degree, recent and relevant work experience, and/or other relevant professional designations
- MAAA
- Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
- Deep Humana specific or Line of Business (LOB) knowledge
- Advanced Technology Skills – including Microsoft Excel, Visual Basic for Applications, SQL and/or SAS
- Independent consulting ability
- Ability to translate technical issues for non-Actuarial audiences
- Strong Leadership Skills – both managerial and thought leadership
- Health industry knowledge
- Confidence to influence beyond Actuarial function
41
Managing Actuary Resume Examples & Samples
- Develop area-specific plans and goals that help enhance business-wide objectives
- Oversee the production and tracking of cost and utilization statistics for Humana’s member population, and data mining and modeling of new intervention and outreach opportunities
- Ensure compliance with Actuarial Standards of Practice, Standard Valuation Law, and NAIC developments
- Create and support cooperative working relationships, both within the company-at-large and with outside business partners
- Direct the preparation of financial reserves and corresponding valuation issues
- Bachelor Degree
- FSA or ASA plus relevant advanced degree, significant and commensurate work experience with responsibilities, and/or other relevant professional designations
- MAAA
- Strong Communication Skills
- Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending) and more than one product
- Ability to combine technical and management skills - integrates the technical skill set of the Actuary role with organizational ability to hire and develop human capital
- Emotional intelligence
- Ability to translate technical issues for non-Actuarial audiences
- Experience in developing talent through constructive feedback
- Negotiation skills
- Ability to manage conflict
- Demonstrated ability to distinguish true sense of urgency
- Demonstrated strategic influence throughout organization
42
Director, Actuary Resume Examples & Samples
- Fellow of the Society of Actuaries (FSA), or near FSA designation
- Knowledge of statutory reporting concepts and familiarity with related year-end filings
- Ability to partner effectively with colleagues across the business units and corporate areas
- Ability to quickly learn about Prudentials product lines and new regulatory initiatives
- Excellent organizational and time management skills
- Highly motivated, conceptual thinker who is able to work independently or in a team
- Ability to keep supervisor informed of project progress and meet project due dates
43
Director & Actuary Resume Examples & Samples
- FSA or ASA with 5+ years experience(MAAA also required)
- Group Insurance experience strongly preferred
- Pricing experience required (Life Pricing strongly preferred)
- BS/MS in Actuarial Science/Mathematics/Statistics required
- Intimate knowledge of Excel, also Visual Basic skills a plus
- Familiar with use of Data Bases and Data Marts(Business Objects experience a plus)
44
Lead Actuary Resume Examples & Samples
- Represents the FDA and payout models on project teams (and governance bodies) with regard to researching and solving modeling issues, implementing new products/product features or enhancements, reviewing/implementing proposed assumption and/or methodology through a thorough understanding of fixed annuities and the code and architecture of the ALFA FA models and inforce files
- Manages the FDA and payout model databases, including planning quarterly implementations, reviewing/updating estimated financial impacts (EFIs), researching model issues impacting all FA models, maintaining the database, ensuring completed items are closed and working with CMO/Group on audit of completed items
- Coordinate the quarterly updates to ALFA with model owners and developers and also complete any required papers for FDA ALL and payout items and coordinate model specific items with model owners
- Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the fixed annuity ALFA models representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience studies, etc.)
- Coordinates the updating and maintenance of the Assumption and Methodology Repository for fixed annuity related items
- Ensures change management process followed by modelers providing guidance as needed and collaborates with CMO to shape change management process providing constructive and collaborative feedback
- Participates in discussions/analysis and provides guidance/advice regarding technical actuarial issues such as modeling methodology, reserving principles and changes to valuation standards, laws and regulations applicable to variable annuities
- Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to variable annuities and recommends appropriate reaction to these developments
- Finds creative solutions to modeling issues as leader/participant on cross functional/cross product teams
- Lead or serve as a key resource for completion of one or more major projects during the course of the year
- May manage and motivate one or more employees
- May represent the company on industry and professional committees and/or with regulators
- Other duties as assigned based on department needs
- Conforms with and abides by all regulations, policies, work procedures, instruction, and all safety rules
- Exhibits regular, reliable, punctual and predictable attendance
- Bachelor’s/Master’s degree in Math, Finance, Actuarial Science, Statistics or related field
- FSA with 6+ years of actuarial experience or strong ASA with 10+ years of actuarial experience required
- Experience with actuarial valuation or modeling software required
- Knowledge of change management processes and fixed annuities preferred
- Excellent computer skills
- Working knowledge of IFRS, Statutory and Tax valuation principles
- Working knowledge of the principles of modeling insurance product cash flows
- Knowledge of fixed annuity products and ALFA actuarial modeling software preferred
- Knowledge/experience with reinsurance is a plus
- Familiarity with typical insurance company general account asset classes is a plus
- Effective oral and written communication skills, demonstrating the ability to convey complex mathematical and analytical concepts to various audiences
- Demonstrates high quality judgment, organization and prioritization skills
- Takes initiative and works independently
- Works under pressure and within time constraints to effectively accomplish individual and team objectives
- Effective management skills to motivate and develop staff or cross functional teams
- Finds creative solutions to standardize and automate processes
- Embraces change and quickly adapts to new methods and accountabilities
45
VA Modeling Infrastructure Actuary Resume Examples & Samples
- Represents the VDA ALL and TARE ALL models on project teams (and governance bodies) with regard to researching and solving modeling issues, implementing new products/product features or enhancements, reviewing/implementing proposed assumption and/or methodology through a thorough understanding of variable annuities and the code and architecture of the ALFA VA models and inforce files
- Manages the VDA ALL and TARE ALL model databases, including planning quarterly implementations, reviewing/updating estimated financial impacts (EFIs), researching model issues impacting all VA models, maintaining the database, ensuring completed items are closed and working with CMO/Group on audit of completed items
- Coordinate the quarterly updates to ALFA with model owners and developers and also complete any required papers for VDA ALL and TARE ALL items and coordinate model specific items with model owners
- Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the variable annuity ALFA models representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience studies, etc.)
- Coordinates the updating and maintenance of the Assumption and Methodology Repository for variable annuity related items
- Participates in discussions/analysis and provides guidance/advice regarding technical actuarial issues such as modeling methodology, reserving principles and changes to valuation standards, laws and regulations applicable to variable annuities
- Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to variable annuities and recommends appropriate reaction to these developments
- May manage and motivate a small team of employees or project team
- Other duties as assigned based on department needs
- Conforms with and abides by all regulations, policies, work procedures, instruction, and all safety rules
- Bachelor’s/Master’s degree in Math, Finance, Actuarial Science, Statistics or related field
- FSA with6+ years of actuarial experienceor strong ASA with 10+ years of actuarial experience required
- Knowledge of change management processes and variable annuities preferred
- Knowledge of variable annuity products and ALFA actuarial modeling software preferred
- Knowledge/experience with valuation of derivatives or reinsurance is a plus
- Demonstrates high quality leadership, judgment, organization and prioritization skills
- Takes initiative and works independently
- Works under pressure and within time constraints to effectively accomplish individual and team objectives
- Effective management skills to motivate and develop staff or cross functional teams
46
Actuary Resume Examples & Samples
- Calculating and advising on life and non-life insurance policies, pensions and employee benefits and investments
- Applying mathematical and statistical techniques to business problems
- Reporting under RAS and IFRS principles
47
Junior Actuary Resume Examples & Samples
- You draft reports and schedules to be delivered to clients and other parties
- You support more senior colleagues in the delivery of client engagements
- You act as a team member, collaborate with your colleagues, and update more senior team members on progress
- You display maturity and the ability to function independently in our professional dealings
- (Pursuing) a Master degree in Actuarial Science
- Interested to start your career in an actuarial-oriented position, in life or non-life insurance, or in general risk management, reporting or valuation
- Fluency in Dutch and French, with proficient level of business English
- Good communication skills
- Strong team spirit, balanced by a healthy sense of autonomy
- A global mindset, and the drive to work in international teams!
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AVP & Senior Actuary Resume Examples & Samples
- Provide technical leadership in development of LTC Projection models on new AXIS platform
- Integrate liability projection models with existing asset and reinvestment models for improved asset-liability management
- Contribute to the development, implementation and change management of LTC Projection models
- Contribute to development of improved liability projection processes
- Compare projections with actual financial results, help explain variances, and improve accuracy of projections
- Engage with LTC Product Actuarial leaders in the standardization and management of LTC Actuarial modeling platforms
- BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or related major
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Actuary, Core Life Product Development Resume Examples & Samples
- Provides subject matter expertise to department members and internal/external stakeholders on product design, pricing and actuarial aspects of products
- Serves as a key resource for projects outside his/her direct supervision, using a collaborative style to help evaluate assumptions, processes, and methods used
- 5-7 years of increasing life insurance experience including actuarial product development experience that directly aligns with the responsibilities of this position
- Experience with Individual Life products preferred
- Strong knowledge of operations of variable, universal and traditional life insurance products from both contractual and systems perspectives
- Thorough knowledge of product development process and actuarial pricing techniques, methods and software
- Sound knowledge of federal income taxation of life insurance products including Internal Revenue Code Sections 72, 101, 7702, 7702A, and 7702B
- Experience with Life Insurance administration platforms (Vantage and/or VPMS preferred) and illustration systems
- Experience with actuarial pricing software such as MG-ALFA is preferred
- A Demonstrated track record of consistently meeting and/or exceeding performance expectations
- Possesses a bias for action and avoids workplace distractions
- Drives performance targets to completion
50
Actuary Resume Examples & Samples
- Managing project completion and budget
- Performing analysis
- Writing reports
- Supervising actuarial students
- Five or more years of relevant experience
- Health experience is required
- FSA or ASA designation
- Good writing and speaking skills
- Proficiency with spreadsheets and database applications
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Actuary Resume Examples & Samples
- Lead risk analysis of key products, processes & Enterprise activities
- Develop and utilize models and other mathematical approaches for risk assessment purposes
- Develop processes to routinely analyze and report on risk exposure
- Communicate results and trends effectively with technical and non-technical audiences
- Partner within business units to support and drive informed decisions
- Peer review actuarial work of others, as needed
- May be responsible for direct supervision of others
- ASA and/or FSA designation is required
- 5+ years experience with advanced functions in Microsoft Excel
- Experience with actuarial software (ie: MG-ALFA, R or SAS)
- Strong oral and written communication and human relations skills
- Critical thinking skills
- Good business judgment to identify experience trends and issues requiring modification in standard approaches or need to elevate risk concerns
- Proven track record of taking accountability and ownership over work
- Leadership skills
- Creativity, awareness of emerging environmental and industry trends, and strong problem solving abilities using business-oriented solutions
- Background in risk management field
- Knowledge of applicable valuation techniques and requirements preferred
- Exposure to finance & economic disciplines
52
Director / Actuary Resume Examples & Samples
- Lead pricing, contract development & filing Support and provide implementation guidance
- Lead product design plan and project execution
- Lead product initiative including research & development
- Provide technical support to IT, Compliance, Marketing and other product related areas as well as to other members of Product Design team, as requested
- Manage and develop direct reports to help them reach their potential
53
Director & Actuary Resume Examples & Samples
- Leadership and development of Actuarial team
- Providing timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
- Collaboration with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
- Overseeing the development of internal pricing capabilities for new and transitioning products including rate development, tool development, rate filings, understanding contracts, working with underwriters during case quoting and UW judgment development
- Managing all aspects of special product pricing including development/attestation of all actuarial assumptions annually and potential re-pricing for new product features
- Overseeing pre-release quotes
- Research and development of new special products and product features
- Review of current reinsurance arrangements and concentration of risk, and exploration of potential updates/changes given current risks and costs
- Interest rate hedging
- Support internal efforts to secure necessary approvals both from Prudential Group Insurance leaders and other governing bodies across the Prudential Enterprise
- 5+ years of actuarial experience, plus experience managing and developing others
- Excellent communication skills, both written and verbal , particularly in presenting results to senior executives
- Highly motivated and creative problem solver; able to self-initiate and thrive in a fast-based, results-oriented environment
- Positive attitude
- Ability to convey sense of urgency and to work productively and cooperatively
- Collaborative and team-oriented; ability to lead and train others
- Market exposure in group benefits is a plus but not required
54
Director, Actuary Resume Examples & Samples
- Direct, perform and review experience studies for actuarial assumptions to support Group Life and Disability pricing models
- Identify potential risk drivers and direct data mining efforts to improve Group Life and Disability Pricing models
- Direct and build comprehensive Pricing model to improve risk selection and support substantial profitable growth
- Build and maintain an On-Demand case level profitability and return on required capital model to support the Underwriting renewal decisions
- Provide guidance and support to large case pricing reviews
- Build and maintain model to analyze new business quoting activities to improve future sales and risk selection
- Excellent communication skills; ability to communicate results and influence business partners as well as senior management
- Superior technical expertise in actuarial risk-based modeling; ability to perform complex actuarial analysis; experience in predicative modeling work preferred
- FSA, near FSA or FCAS with 5+ years of actuarial experience required. Group Insurance experience preferred
- Strong technical skill in SQL and VBA preferred
55
New Product Risk Actuary Internal Title Resume Examples & Samples
- Participate in all New Product Development efforts, coordinating with Product Development, Financial Risk Management, Distribution, Marketing teams to ensure that, for all new products, Financial and Life Insurance risks are well understood and appropriately mitigated and priced for in the Product Development Process
- Communicate with Group Risk Management team to further develop the AXA Group risk appetite standards for New Products and the risk analysis tools that the AXA Group uses to measure and manage risks
- Improve the local PAP (Product Approval Process) policy based on prior years’ experience. Monitor compliance with the PAP policy prior to launch of New Products. Analyze post-launch experience and work on various strategic projects including distribution risk
- Form effectively working relationships with various departments both locally as well as in Group
- 2) Product Development and Risk Management experience a plus
- 3) Flexibility to adapt to dynamic projects
- 4) Strong communication skills, with the ability to think creatively, to express thoughts clearly, and to work effectively with others
- 5) Must be self starter with exemplary work ethic held to a high level of accountability
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Managing Actuary Resume Examples & Samples
- Managing and leading a team of actuarial associates
- Implement process improvements
- Lead the review and maintenance of the monthly calculation of policy reserves and claim reserves including GAAP, Statutory and Tax
- Support operational areas (including Worksite Voluntary Business and Financial Protection Products) with timely analysis of financial results and projection of future reserves
- Provide valuation support for new product development
- Build strong business relationships with Finance
- Support the budget process
- Communicate with outside reinsurance partners
- Monthly, quarterly and annual financial reporting
- Work on State exams; external audits and internal audits
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Director, Actuary Resume Examples & Samples
- FSA or FCAS with 5+ years of actuarial experience required
- Group Insurance experience preferred
- Excellent communication skills, both written and verbal
- Superior technical expertise in actuarial risk-based modeling; ability to perform complex actuarial analysis; Strong technical skill in SQL and VBA preferred
- Creative problem solver; able to self-initiate and thrive in a fast-paced, results-oriented environment
- Ability to lead projects and communicate goals, and be able to independently coordinate and collaborate with internal cross-function teams
- Ability to convey sense of urgency and to work productively and cooperatively
- Positive attitude
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Director, Actuary Resume Examples & Samples
- Partner with Prudential’s Global Portfolio Management team to develop and enhance Retirement’s Asset Liability Management Governance Structure including leading various initiatives developed by the Working Group supporting the Retirement Asset Liability Council
- Collaborate with business partners throughout the Prudential organization to develop tools and processes for ultimate use across various uses (e.g., asset adequacy testing, pricing, portfolio strategy and tactics analyses, stress testing, risk aggregation, etc.) to drive Asset Liability Management related decision making
- Support Financial Frameworks & Risk Analytics’ strategic leadership of multi-year implementation of GGY AXIS across Retirement Actuarial involving close partnership within Retirement as well as collaboration across other business units and corporate functions
- Partner with Prudential’s Global Portfolio Management team to develop and enhance investment strategies across Retirement’s $90 billion general account portfolio
- Fellow of the Society of Actuaries (FSA) required; ~6+ years of business/actuarial experience
- Excellent technical skills and ability to understand complex quantitative concepts and models
- Ability to partner with diverse constituents using strong influencing and collaboration skills
- Ability to prioritize, plan, and execute across multiple work efforts simultaneously
- Strong communication skills and presentation skills
- Strong knowledge of Asset Liability Management, GAAP and Statutory financial principles, and financial modeling
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Actuary Manager Resume Examples & Samples
- Allstate is looking for a Life Product Development Actuary with a core responsibility of supporting all aspects of Life Product Development in light of upcoming regulatory changes and actuarial projection software transition. Additional responsibilities will include assignments of leadership and/ or participation in other financial actuarial topics
- Responsibilities include
- Product development leadership for product changes related to implementation of the 2017 CSO and Principles Based Reserves
- Provide leadership on functions related to actuarial software platform transition
- Develop rates; maintain, run, and analyze actuarial projections for new products
- Assist with state filing of contracts including contract development, regulatory compliance, and actuarial memos
- Develop, review, and test technology requirements for new products
- Prepare, review, and/or approve documentation for actuarial model projections and product development projects
- Collaborate with other functional business areas to improve efficiency and accuracy of actuarial models
- Ensure appropriate model controls and utilize appropriate peer review and functional review of model data; adhere to established governance processes and guidelines
- Initiate the design and development of project plans including identifying new projects, assigning resources and evaluating cost/ benefit
- Be an engaged contributor in cross functional and senior management discussions
- Role may include managing direct reports
- FSA designation required
- Bachelor’s degree in actuarial science or related field
- Actuarial projection software experience
- Ability to establish priorities of team and own projects
- Solid interpersonal skills in order to work well in a team environment
- Strong Microsoft application skills (Excel, Access, PowerPoint)
- Ability to manage and motivate staff
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Actuary, Annuity Valuation Internal Title Resume Examples & Samples
- Run and summarize results for annuity valuation
- Maintenance of the valuation systems for new products, new regulations, etc
- Assist in the preparation of reports
- Consolidating results, communicating booking, updating process documentation
- Responding to management and auditor requests
- Fulfilling filing requirements, disclosures, surveys, and SOX and MAR reporting
- Responding to ad hoc requests from management
- Point person for DAC calculations and analysis
- Explanation of results to senior leadership and other special projects
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Director & Actuary Resume Examples & Samples
- Directing Group Life pricing actuarial assumption and methodology reviews to improve risk selection and support substantial profitable growth while ensuring compliance with Enterprise Pricing Standards
- Directing data mining efforts to improve Group Life pricing accuracy and efficiency
- Providing actuarial guidance in large case Underwriting to facilitate confident decision-making and to achieve business goals
- Providing actuarial support to new product development
- 5+ years of actuarial experience, plus experience managing others
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Director, Actuary Resume Examples & Samples
- Fellow of the Society of Actuaries designation (FSA) or near FSA designation
- Knowledge of statutory reporting for insurance products, including reinsurance
- Exposure to Prudential’s product lines and businesses and various other actuarial practice areas. Knowledge of capital management and hedging is a plus
- Highly motivated, conceptual thinker who is able to work independently or in a team, and take a leadership role in a wide variety of assignments
- Ability to keep supervisor informed of project progress and any emerging issues
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Director, Actuary Resume Examples & Samples
- Track capital and best estimate projection requests between Actuarial, Treasurers, Enterprise Risk Management, and Finance
- Support the IAIS Field Testing process, comprising coordination of business unit results, completion of questionnaires regarding results and Prudential advocacy points, presentations to domestic and international regulators, and addressing various capital regimes and emerging international capital standards
- Collect, compile, and present aggregate results
- Reconcile best estimate liabilities in the capital framework to US GAAP balances
- Review business unit documentation of the in force businesses included, cash flow definitions, assumptions, and modeling / systems used in various best estimate projections
- Help the business unit actuarial departments implement consistent best estimate liability and capital projections, analysis, and reporting
- Assist in the drafting of standards for the best estimate projections used in available and required capital estimates
- Bachelors degree
- Fellow of the Society of Actuaries (FSA) or near FSA with 5 years of actuarial experience
- Familiarity with insurance accounting, capital frameworks, and financial reporting controls * Project management skills
- Ability to partner with colleagues across multiple business groups and corporate areas
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Director, Actuary Resume Examples & Samples
- Support internal efforts to secure necessary approvals both from Prudential Retirement’s leaders and other governing bodies across the Prudential Enterprise
- Typically FSA required
- Five plus years of actuarial experience
- Longevity Underwriting, Investment or ALM experience would be a plus
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Director, Actuary Resume Examples & Samples
- Support long term goal of fully automated valuation system capable of satisfying growing demands for faster and more complex analysis
- Build valuation platform which can be used to support longevity reinsurance business, a key driver of future business growth
- Work closely with members of Valuation Modeling team, Actuarial Financial Reporting team and PRT Pricing team to create detailed business requirements. Ensure that proper model development life cycle is followed and that model is consistent with business requirements
- Create and maintain thorough model documentation, including business requirements, test plans and ultimately release memos
- Lead model development, model testing and independent model review
- Coordinate with Actuarial Process & Technology group to recommend, implement and test solutions to create more streamlined and automated valuation processes
- A minimum of 3 years of actuarial modeling experience. Knowledge of Retirement products, pricing, and asset/liability management is preferred
- Strong quantitative and communication skills to quickly learn and apply complex modeling concepts and be able to communicate to both actuarial and non-actuarial business partners
- Experience in actuarial modeling systems and programming software such as Prophet, GGY-AXIS, ALFA, PolySystems, C++ and VBA. Proficiency in SQL and database.design is strongly preferred
- Knowledge of practices related to pricing, valuation, risk management and model governance
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Director, Actuary Resume Examples & Samples
- Peer-review and improve processes for monthly/quarterly GAAP, STAT, TAX valuation, annual regulatory filing, and actuarial supports for financial analysis. We are looking for a strong leader to help transform our processes to increase the efficiency of actuarial processes and improve analytics
- Support our long term goal of modernized and automated valuation system and processes capable of satisfying growing demands for faster and more complex analysis. Build and improve valuation process and analysis platforms which will optimize efficiency and control while serve dynamic needs from all customers
- Work closely with members of valuation, projection, model testing and experience study teams within the actuarial department to ensure all the relevant functions are implemented consistently with business requirements
- Work closely with corporate actuarial oversight teams, accounting policies and finance/controller teams to monitor regulatory requirements for compliance and adopt industry best practices for excellence. Help the department enhance readiness for new regulatory requirements and emerging experience from valuation and financial reporting perspectives
- Fellow of the Society of Actuaries designation (FSA). Career ASA will be considered
- Bachelor’s degree required. Master or higher degrees preferred
- A minimum of 5 years of responsible actuarial experience in financial reporting areas required
- Experience in actuarial modeling systems such as PolySystems or GGY-AXIS and programming software such as VBA strongly preferred. Proficiency in database design is a plus
- Familiar with valuation and financial reporting under US Statutory, Tax and GAAP required
- Familiar with Long-Term Care or Disability Income products strongly preferred. Additional experience on Life and Annuity products is a plus
- Strong quantitative and communication skills to quickly learn and apply complex actuarial concepts and be able to communicate to both actuarial and non-actuarial business partners
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Principal Actuary Resume Examples & Samples
- Reviewing premium rate filings of individual and group accident and health products of health maintenance organizations, not-for-profit corporations, and commercial medical and dental insurers in connection with (i) new policy submissions or (ii) premium rate increase requests in order to determine compliance with statutes, regulations and guidelines. This includes the analysis of the actuarial information and loss ratios supporting the rate applications, and recommendations to Bureau management as to the reasonableness of the rate applications submitted to the Department
- Identifying and developing rating material and supporting exhibits to be submitted by companies under the rate application process, assisting with standardizing the process and addressing issues related to confidential information
- Reviewing and verifying material provided to the Department via SERFF and from other sources that is required to be submitted to the U.S. Department of Health and Human Services (HHS) under the Federal Grant program. This includes rating information and disclosure information required by HHS
- Reviewing Federal Medical Loss Ratio (MLR) rebate calculations and coordinating the Federal calculation with State-based statutory rebate calculations where the State has stricter standards for such rebates. This includes the preparation of summary reports for all companies, and the development of recommendations to Business Unit management as to modifications in the content of the current loss ratio reports and instructions
- Reviewing and analyzing actuarial aspects of commission submissions, experience rating formula submissions, and other analyses as required by Bureau Management
- Determining proper reserve basis for insurers providing accident and health insurance coverage
- Investigating complaints on rates and actuarial related matters
- Assisting in overseeing the Business Unit’s development of new or revised requirements (e.g. regulation/legislation) regarding policy for requirements, asset/liability management, risk management, capital markets issues, and minimum statutory formula reserves
- Meeting with representatives of the insurance industry, trade groups, other governmental agencies and Department personnel to discuss rating issues and explain or advocate the Department’s or Bureau’s position, and participating on workgroups within the Department or with the industry, NAIC or other governmental agencies
- Attending and participating in Seminars/Conferences/Training Sessions, communicating the Bureau’s practices and procedures to interested parties
- Assisting in the preparation and review of model laws, regulations and guidelines on actuarial matters
- Training and supervising actuaries and assist with the management of a unit; and,
- Performing actuarial studies, developing management reports, and other tasks as assigned
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Director & Actuary Resume Examples & Samples
- Maintain and improve multi-purpose models in GGY AXIS
- Collaborate with IT team to maintain and improve supporting database systems
- Plan, design, and build new AXIS models from existing legacy systems
- Perform reconciliations to existing Actuarial models
- Research product features, assumptions, and reporting requirements
- Write specifications, test, and implement model changes
- Create, maintain, and improve model documentation
- Design and implement financial reporting controls and management reporting metrics
- Provide valuation production support as needed
- Support product line and corporate initiatives
- Fellow of the Society of Actuaries or ASA with commensurate experience
- 5+ years relevant actuarial experience
- BA/BS Degree in Actuarial Science, Mathematics, Statistics or related major
- Advanced use of Excel
- Demonstrated leadership ability; team player
- Excellent written and oral communication skills
- Ability to manage concurrent deadlines and multiple priorities in an organized manner
- Strong problem solving and analytical skills
- Proficiency of GAAP, Statutory and Tax financial reporting requirements
- Long Term Care product experience
- Strong proficiency using AXIS Software including Datalink
- Programming experience, especially Visual Basic, SQL, and/or MATLAB
- Experience with model conversions
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Assistant Actuary Resume Examples & Samples
- Conduct technical reviews and validations of actuarial models used by SLF
- Communicate the model review results to senior stakeholders and model owners
- Interact with model owners and model developers on discussing and resolving model issues
- Develop alternative or benchmark models as necessary for independent assessment of model risk
- Support corporate risk governance on managing, mitigating and controlling model risk
- Assist with ongoing projects, if any
- FSA / FCIA actuarial designation (or near completion of the required exams)
- PhD or Masters in a quantitative discipline
- Combined financial and insurance risk experience is a definite asset
- LI-BY1
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Chief Actuary Resume Examples & Samples
- Develops and manages pricing methodologies and assumptions to ensure appropriate rate adequacy by state and line of business
- Analyzes and interprets industry and book of business trends and their impact on current and future loss trends
- Accountable for documentation of assumptions and methods. Ensuring analysis and support adheres to actuarial standards of practice
- Ensures completion of peer reviews and responsible for overall quality of work product
- Provides actuarial support for complex analysis for pricing, product, underwriting, finance, and claim decisions
- Proactively monitors business mix and loss performance, working with leaders across Auto & Home to identify opportunities and areas for improvement in order to drive profitable results
- Provides thought leadership, develops strategies and drives innovation. Responsible for monitoring and influencing potential changes in industry regulations and using the information to identify opportunities and actions for area
- Leads pricing and loss selection for business planning and forecasting
- Responsible for the quarterly reserving process and output including methodologies, interpretation of results and actuarial selections
- Prioritize department workflow to meet deadlines while providing a high quality product
- Ensure effective controls are in place to proactively manage risk and remain in compliance with company policies and procedures
- Represent company’s position with regulators, auditors, and others as deemed necessary
- Direct the execution of ensuring proper pricing and reserving adequacy to drive profit
- Lead projects as assigned, on time and within budget, including cross team/department projects as required
- Engage in professional development to maintain Actuarial credentials
- Think strategically, creatively, and drive innovation with a focus on continuous improvement
- Demonstrate accountability, and focus on client needs and creating value for the shareholder
- Build and develop talent, and manage performance of assigned teams
- Maximize relationships, build trust, and communicate effectively across business units,
- Ameriprise Auto & Home | Chief Actuary Page 4 of 5
- Staff groups, and geographic locations
- Deep industry knowledge and competitive intelligence in the personal lines property and casualty industry
- Balanced leader who understands how to grow business profitably while managing risk exposure
- Demonstrated ability to work in a dynamic environment balancing multiple projects and to effectively manage change
- Excellent relationship management skills with the ability to lead, collaborate, and influence all levels of leadership, external partners, regulators, rating agencies and community leaders
- Dynamic and motiving executive with ability to present to external and internal audiences
- Experience working with a large complex organization where matrix management is critical to success
- Savvy, commercially minded and well-rounded strategic executive leader
- Consistently model and reinforce the 10 Behaviors & Commitments in how we work together
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Part Qualified Actuary Resume Examples & Samples
- Driving profitable growth through the analysis, development, continuous accuracy and integrity of KPIs associated with Performance Management
- Oversight and support of Portfolio Management process and Performance Management framework. This includes
- Assist Global and Regional Underwriting in the continuous improvement of performance
- Provide analysis of portfolio performance against plans and overall strategy
- Development and delivery of KPIs to a high quality to enable portfolio management
- Ensure efficient production of standardised exhibits on time
- Provide input into portfolio deep dives including leading ad-hoc analyses
- Provide input into Performance Improvement and Turnaround programmes including the identification of growth opportunities
- Communication of findings to all stakeholders
- Development of the reporting tools and data assets to further enhance the business intelligence capabilities of Zurich globally. Responsibilities include
- Advanced knowledge of the techniques and concepts behind non-life Insurance reserving, including underlying process and performance drivers
- Advanced knowledge of finance, accounting and actuarial concepts and practices as applied to the insurance industry
- Good knowledge of the insurance industry's trends, directions, major issues, regulatory considerations and trendsetters
- Good knowledge of practices, tools and techniques for effective pricing of insurance contracts
- Good knowledge of the techniques and concepts behind P&C Insurance rating & pricing
- Nearly qualified or fully qualified actuary (or equivalent)
- At least 3 years of experience in a non-life actuarial environment
- Effective collaboration across a range of Stakeholders within and external to the actuarial function
- Exhibits self-motivation and drive; takes initiative without the need for approval
- Highly professional, enthusiastic and positive attitude
- Competent at prioritising, resourcing and planning
- Effective communication, presentation and interpersonal skills
- Ability to handle complexity and distil out and explain key concepts
- Experience in a variety of international markets will be a distinct advantage
- Visits to countries in accordance with executing on accountabilities
- Actuarial meetings, internal and external
- Team meetings
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Actuary, New Business & Growth Resume Examples & Samples
- Support the development of our next generation product
- Develop and drive our countrywide strategy for telematics-based pricing
- Coach and mentor analysts on the team, and provide ongoing feedback to support thoughtful analytics, and strong understanding of the business
- Partner closely with cross-functional stakeholders within Product, Distribution, Marketing and the CAO to improve our understanding of the customer and better inform our product design
- Drive major cross-functional initiatives, and lead cross-functional working teams. Influence key stakeholders and gain buy-in across the organization
- Build a thorough understanding of customer and agent experience. Develop product solutions with customer and agent experience in mind
- Frequently communicate and present to senior leaders, including the Chief Product Officer
- FCAS or Master's degree in a quantitative discipline strongly preferred
- Minimum 5 - 10 years progressively responsible experience in a Fortune 500 company; P & C Insurance industry experience preferred
- Must have exceptional planning, organizational, decision-making, and project management skills, including experience managing medium to large projects. Experience managing individuals or operations preferred
- Must have advanced analytical and problem solving skills. Understanding of sophisticated analytical techniques including predictive modeling experience strongly desired
- Must have exceptional communication skills, particularly ability to communicate highly analytical and complex concepts to a broad audience. Ability to influence senior leadership as well as partner organizations
- Industry knowledge developed from internal meetings, news alerts, project-specific work, and proactive research into competitor strategies
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Assistant Actuary Resume Examples & Samples
- Provide insight into the Liberty Mutual Benefits business: What has happened, what will happen, and what should happen
- Work covers both Employer Group Life & Disability and Individual Life & Annuity, with greater focus on the Individual business
- Analysis involves both regular reporting and presentation as well as deep dive analyses into our business based on our own investigations and questions from our partners
- Regularly report and present to LMB Product/Underwriting and Distribution Leadership Teams and other key stakeholders
- Manage a team of 2-3 analysts and/or actuarial students
- Supervise and train actuarial students and assist in their evaluation
- Complete examinations to earn Fellowship in the Society of Actuaries or Casualty Actuarial Society
- Bachelor’s Degree required
- Attainment or near attainment of actuarial qualification (FCAS, FSA)
- At least 4 to 5 years of related work experience with progressively increasing responsibilities
- Strong oral and written communication skills
- Excellent analytic, quantitative and problem solving skills
- Demonstrated ability to work as part of a team
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Director & Assistant Actuary Resume Examples & Samples
- Bachelor’s Degree required
- Attainment or near attainment of actuarial designation (FCAS, FSA)
- 3-5+ years of related work experience with A&H products and progressively increasing
- Responsibilities
- Strong communication skills to effectively communicate results in written, oral and presentation format
- Excellent analytic, quantitative and problem solving skills
- Demonstrated ability to work as part of a team as well as exert influence while participating in large group projects
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Product Actuary, Individual Life Resume Examples & Samples
- Previous Retail and Direct Life Product Actuarial experience. Knowledge of direct life insurance and banc assurance business models a bonus
- Qualified Actuary with strong relevant experience
- Preferable previous exposure, experience in placing, or negotiating and managing reinsurance
- Strong financial acumen with demonstrable understanding of P&L drivers
- Strong stakeholder management skills with particular emphasis on influencing and negotiation
- Good communication skills – both written and verbal
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AVP & Actuary Resume Examples & Samples
- Understand the details and nuances of our Auto book which spans 3 commercial business segments and 4 class plans. Drive continued action for profit improvement and proactively identify areas of opportunity for premium growth
- Reach across the organization to work with Product, Segment Actuarial, Reserving, Claims, Data Science, Underwriting, Personal Lines and other matrixed partners to drive insights and initiatives. Be a strong voice and advocate for Auto with broad visibility
- Help set the agenda and the multi-year roadmap for the Auto line
- Drive efficiencies on the team. Ensure that we reduce complexity to produce high-quality work with an eye towards accuracy. Execute on deadlines
- Represent the Auto line when needed in Monthly Business Reviews, State of the Line meetings, and Health of the Line meetings to various executives
- Build an understanding of our competitors and the market in general. Look inside as well as outside to arrive at the most informed answers and decisions
- Lead the Auto team in creating rate indications, trends, and loss ratio forecasts on a regular basis as well as pricing tools which give direction to the Underwriters
- Ensure that the team executes the Auto rate filings which are a key component to improving results. Drive efficiencies in the rate filing processes to maximize time for the analytical work related to filing decisions
- Partner with the Data Science team to create a new indications process that uses predictive modeling and creates a deep dive tool that can be used by the business
- Minimum 10 years of P&C insurance experience. Auto specific experience preferred
- FCAS or career ACAS strongly preferred
- Experience leading technical personnel and driving high performance teams working on a variety of projects
- Ability to prioritize work efforts and operating plans to achieve business goals and objectives
- Proven track record of challenging existing processes, influencing others and driving processes to a conclusion while meeting critical deadlines
- Excellent written and verbal communication skills to convey technical results to our business partners and influence decisions
- Team player with strong collaboration skills and ability to build trusting, effective matrixed partnerships
- Demonstrated track record of executing change to core business processes through the use of innovative techniques
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AVP & Actuary Resume Examples & Samples
- Provide leadership in the in-force rate action pricing initiatives of Long Term Care (LTC) insurance products to meet market requirements while maintaining the company's profitability and risk management objectives
- Lead the development of justification, filings, objection responses, and financial quantification of rate actions on in force LTC business
- Manage the work flow and development of a team of up to six student actuaries
- Assist with building and maintaining pricing models
- Develop tools to aid in the pricing of Long Term Care products
- Support policy form filings, including preparing exhibits for actuarial memoranda and reviewing technical aspects of policy forms
- Represent Genworth’s interests on industry conferences, conference calls, and subcommittees
- Evaluating current processes to recommend improvements in efficiency or effectiveness, particularly for the end to end rate filing process
- Develop innovative actuarial solutions to complex in-force pricing problems
- Provide peer review for LTC pricing projects
- BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major
- Career Associate, Fellow, or near Fellow of Society of Actuaries
- Member of the American Academy of Actuaries
- 7+ years of relevant actuarial experience
- Strong communication skills, both oral and written
- Ability to manage concurrent deadlines and multiple priorities
- Strong project management skills
- Strong analytical and problem solving skills
- Strong programming skills and experience in Microsoft applications of Excel, VBA, Access and Word
- Actuarial pricing experience with Long Term Care insurance
- Experience with actuarial pricing software, preferably AXIS
- Experience managing actuarial teams
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Director & Actuary Resume Examples & Samples
- Provide support for the in-force rate action pricing initiatives of Long Term Care (LTC) insurance products to meet market requirements while maintaining the company's profitability and risk management objectives
- Support the development of justification, filings, objection responses, and financial quantification of rate actions on in force LTC business
- Assist with building and maintaining pricing models
- Develop tools to aid in the pricing of Long Term Care products
- Support policy form filings, including preparing exhibits for actuarial memoranda and reviewing technical aspects of policy forms
- Evaluate current processes to recommend improvements in efficiency or effectiveness
- BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major
- Career Associate, Fellow, or near Fellow of Society of Actuaries
- Member of the American Academy of Actuaries
- 7+ years of relevant actuarial pricing experience with Long Term Care insurance
- Strong communication skills, both oral and written
- Ability to manage concurrent deadlines and multiple priorities
- Strong project management skills
- Strong analytical and problem solving skills
- Strong programming skills and experience in Microsoft applications of Excel, VBA, Access and Word
- Experience with actuarial pricing software, preferably AXIS
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Director, Actuary Resume Examples & Samples
- Support long term goal of a fully automated valuation system capable of satisfying growing demands for faster and more complex analysis
- Collaborate with business group actuaries and business partners to create detailed business requirements for liability and output data warehouse and reporting facilities
- Research, evaluate and recommend a long term business intelligence solution to integrate with the end-to-end valuation process, enabling timely, agile, intuitive and insightful analyses
- Enhance and streamline existing analytics tools to support the analysis of asset adequacy testing, loss recognition testing and various capital frameworks and stress testing
- Lead the analytics development and create new capabilities to better explain and visualize the complex dynamics of cash flow testing results
- Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related field is preferred
- Data Scientist/ Data Analytics background is a strong plus
- Minimum of 3 years of actuarial modeling or related experience. 5 plus years overall actuarial experience
- Knowledge of Retirement products, pricing, and asset/liability management is preferred
- Highly motivated, conceptual thinker who is able to work effectively on a wide variety of assignments
- Ability to quickly learn and apply quantitative modeling concepts, and effectively communicate findings to both actuarial and non-actuarial business partners
- Experience in designing large scale database/data warehouse solutions. Strong proficiency in SQL Server or Oracle is desired
- Experience with building web-based analytics solutions and proficiency with business intelligence and data visualization tools such as Tableau, Qlik, Oracle, Power BI
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Risk Actuary Resume Examples & Samples
- 5-7+ years of increasing financial, product and management experience that directly aligns with the specific responsibilities for this position
- Experience and/or proficiency in pricing and/or ERM functions is preferred
- Experience with Group non-medical products is preferred
- Possess a bias for action and avoids workplace distraction
- Drives performance targets to completion #LI-AE1
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Assistant Actuary Resume Examples & Samples
- Support the operation and maintenance of MG ALFA pricing system. Provide training and assistance to the pricing model users regarding the use of this system
- Build or help build other non-ALFA based pricing/testing tools. Maintain and update those tools
- Build new life insurance products into MG ALFA pricing system. Participate in life insurance product pricing as needed
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AVP & Actuary, Non-production Valuation, Life Resume Examples & Samples
- Leading GAAP prospective unlocking, LRT, AG38 testing and X-Factor testing and implementation by working collaboratively with other functional areas
- Developing reserving analytics to illustrate the drivers of results, including reserve rollforwards and source of earnings analysis
- Evaluating current processes including model input and output procedures to recommend improvements in efficiency or effectiveness
- Supporting corporate initiatives and audits
- Assisting with financial close, as needed
- Peer review of model enhancements
- BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or related major
- 7+ Years of experience in the actuarial field
- Experience with Actuarial projection systems (i.e. AXIS, Polysystems, ALFA)
- Understanding of GAAP, Statutory and Tax financial reporting requirements
- Experience in building Actuarial models and analytics
- Ability to manage concurrent deadlines and multiple priorities
- Fellow of the Society of Actuaries or ASA with commensurate experience
- 10+ Years of experience in the actuarial field
- Prior management experience
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Director & Actuary Resume Examples & Samples
- Minimum of 5 year’s experience in the actuarial field
- Fellow of the Society of Actuaries
- Strong modeling skills with a working competency in APL and/or any modern actuarial software (e.g. MoSes, Prophet, Alfa, etc..)
- Knowledge of retail life products – participating whole life, term, variable life and universal life (with and without secondary guarantees)
- Working knowledge in MS Office and MS Access
- General familiarity with statutory and GAAP financials, reserving methods and RBC requirements
- Bachelor’s Degree in Mathematics, Statistics or Actuarial Science
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Senior Risk Actuary Resume Examples & Samples
- Acting as an independent partner to the Life Technical functions, providing Risk challenge and review
- Lead actuarial and other services to deliver independent top-down analysis and assessment of actuarial methodology and approaches, including deep dive analyses on reserves, pricing and underwriting risk
- Participate in Life Technical decision processes, providing independent challenge as part of decision making
- Deliver Risk challenge and review of Life Technical in accordance with Group, Regional, and Local regulatory policies, in the context of moderate to high regulatory complexity
- Actively provide professional actuarial support and advice to the regional or global Chief Risk Officer and to senior management and group functions including insights into underlying performance and implications for the business
- Mentor and develop other actuarial professionals within the department, providing input to or leading global training and people development initiatives
- Bachelor’s degree (or equivalent) in Computer Science, Economics, Engineering, Finance, Mathematics/Statistics, Other Sciences
- Fully qualified actuary in a globally recognized actuarial body
- Substantial experience in multiple functional areas (pricing, reserving, capital management, etc.) and multiple Business Units
- Over 8 years of experience in the insurance industry of which most in reserving, underwriting or risk management
- Experience of working with different national & business cultures
- Demonstrated ability to work with high level of Actuarial authority
- Strong focus on execution and delivery
- Strategic ability combined with sound operational skills
- Ability to support change, displaying both persistence and resilience
- Problem-solving, decision-making and judgment skills
- Excellent communication, influencing and negotiation skills
- Fluent English, both oral and written
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Actuary Resume Examples & Samples
- Perform Statutory earnings projection
- Work closely with Actuarial Service to accurately model Statutory reserves
- Perform actuarial model updates
- Perform experience studies to improve projections
- Bachelor’s Degree in mathematics, statistics or actuarial science
- 5+ yrs. relevant experience in the actuarial field
- Fellow of the Society of Actuaries
- Basic knowledge in retail annuities, including variable deferred annuities, fixed deferred annuities, payout annuities, and index linked annuities
- Knowledge and experience in valuation on US Stat, US GAAP, and US Tax
- Experience in actuarial modeling systems and programing software such as MoSes, GGY-AXIS, ALFA, Pathwise, PolySystems, C++ or VBA
- Working knowledge in MS Office and MS Access
- Skillset of model development/coding and valuation/model testing is a highly preferred
- Self-starter who is innovative with solutions, and able to provide leadership
- Knowledge of statutory income statements is a plus
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VP & Senior Actuary Resume Examples & Samples
- Leads, manages, and participates in the ongoing development, implementation, production and enhancement of an analysis and portfolio management framework that identifies opportunities to optimize RGA’s global strategy, business performance and risk, both within and between businesses
- Based on expert input, develop appropriate analysis and measures to establish benchmarks and comparisons of businesses to provide insights useful both locally and globally
- Provide input into RGA’s planning process to enable RGA’s strategy at the global level
- Provide strategic input to, and participate in, the sponsorship of the company’s Master Data Management (MDM) strategy, and oversee Enterprise level elements
- Identifies, leads, manages, and/or performs ad hoc and regular analyses to increase understanding of specific topics or blocks of business, reviewing and/or developing actuarial assumptions, sensitivity tests, financial models and projections as applicable. Review the related risks, capital, treaties, financials, assets, financial models, projections, and underlying assumptions as applicable
- Leads and manages the availability, maintenance and enhancement of processes, tools and communications to support responsibilities, collaborating with other areas to advance capabilities
- Contribute to proactively increasing RGAs value through the identification and execution of management actions as assigned
- Provides input to strategy for Global Analytics & In-Force Management (GAIM), and recommends both long/short-term plans and goals for areas of responsibility with appropriate resource allocations and prioritization of activities consistent with RGA’s vision, mission and values. Stay abreast of emerging developments related to the GAIM function’s scope
- Performs management duties including, but not limited to: hiring, training, evaluating, coaching, guiding, mentoring and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development
- Serves as leader and participates in special projects, committees, meetings and client presentations as required. Interface with business units and functional teams as well as senior leadership and external partners
- Maintains regular and predictable attendance
- Performs other duties as required
- Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics or related field
- FSA accreditation or equivalent
- 10+ years actuarial experience in life, living benefits, medical and/or group (re)insurance
- 7+ years management experience
- Self-motivated with a keen sense of curiosity, love of problem solving and a passion for creating and enhancing data-driven analytical insights into performance and risk
- Highly advanced knowledge of life and health products and markets, reinsurance concepts/methods, risks, pricing, valuation and financial reporting, treaty construction and administration, and risk management considerations across a range of coverages and countries
- Advanced ability to model various insurance products and complex reinsurance or other financial structures and perform related statistical analysis
- Highly advanced understanding of US GAAP, US and other regulatory, tax, and economic accounting, capital and reporting frameworks
- Working knowledge of capital markets as well as cross-border transfer of reinsurance and potential capital, legal and tax pitfalls
- Ability to critically challenge and enhance analytical capabilities
- Highly advanced investigative, analytical and problem solving skills, translating highly complex and unique business needs and problems into viable and accepted solutions
- Expert ability to lead and work well within and across teams with members spread across multiple geographies, particularly gaining cooperation from those members outside the direct chain of command, across a wide variety of operational, functional and technical disciplines
- Strong people management skills, demonstrating the ability to lead, mentor, and develop associates, including the ability to delegate key areas of responsibility
- Expert ability to implement change, ensuring understanding, participation, and ownership
- Intermediate to advanced knowledge of key technologies including Office applications, databases, actuarial software, and analytic tools
- Advanced knowledge of RGA’s pricing and/or financial reporting standards, systems and processes (or similar)
- Exposure to multiple global regulatory, accounting and capital regimes
- Familiarity with Master Data Management and (re)insurance company systems infrastructure
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Executive Director & Actuary Resume Examples & Samples
- Advises on and liases with the Prophet modeling team in terms of developing, maintaining, and/or reviewing international actuarial models in Prophet and other applications, including setting up and maintaining appropriate parameters and assumptions
- Performs international regulatory, US Stat, US Tax, and US GAAP valuation work for assigned business and assists with identifying and adapting to changing requirements and new types of products
- Develops unbiased projections for financial planning and analysis and assists with communication of financial analytics and results in terms of major drivers of variance
- Serves as a liaison with other valuation, pricing, administration, systems, accounting, audit, and finance associates to promote improvement in valuation and financial analysis for assigned business
- Provides oversight and direction to junior actuarial/financial associates in the department. Performs supervisory duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development
- Maintains, documents, and supports results, approaches, and controls used to produce and monitor results
- Supports major valuation-related initiatives affecting international operations as needed and called upon
- Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics or related field
- FSA accreditation with 7+ years of actuarial experience in life insurance/reinsurance
- Advanced ability to model various insurance products and reinsurance structures
- Understanding of different types of valuation regimes
- Advanced PC and technical skills, including database applications (Access, Oracle, SQL
88
Product Actuary Resume Examples & Samples
- Work closely with the Business Development, Pricing, Underwriting, Medical Officers, Claims and the product development function of our client companies to develop and implement innovative product solutions that will drive profitable and sustainable growth for RGA and its clients
- Conduct research to support the development of pricing bases
- Review pricing bases and pricing models to be used in new products
- Provide sound actuarial advice to support the sustainable growth of the business
- Ensure compliance with Corporate and International Pricing Standards for new risks
- Provide guidance and mentoring for other product development actuaries
- Participate in the development of strategy for the Hong Kong / Singapore / High Net Worth markets
- Build working relationships with counterparts in our client companies
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Assistant Actuary Resume Examples & Samples
- Manage and develop a team of up to three data science and advanced analytics staff
- Collaborate with other business partners to develop appropriate statistical approaches and tools that will drive strategic decision making related to reserving, trends and other challenging problems central to our business
- Understand the competitive marketplace, business issues, and data challenges in order to deliver actionable insights, recommendations and business processes
- Research, recommend, and implement new and/or alternative statistical and other mathematical methodologies appropriate for the given model or analysis
- Supervise and perform highly complex, technical and creative predictive analytics projects
- Provide tactical input on highly technically complex projects that drive change across function, SBU or Corporate Department
- Present findings, share insights, and make recommendations that impact profitability, growth and/or customer satisfaction
- Effectively communicate results in written, oral and presentation formats
- Regularly engage with the data science and actuarial communities and lead cross-functional working groups
- Bachelor's degree required; Master’s degree preferred
- Passing grades on a minimum of 7 Casualty Actuarial Exams, or ASA plus 1 Society of Actuaries Fellowship exam, is required
- Commitment to achieving Fellowship in the Casualty Actuarial Society (FCAS) or Fellowship in the Society of Actuaries (FSA)
- Proficient in predictive analytics including real-world experience in model development, validation, and testing
- Basic knowledge of a variety of modeling techniques including generalized linear models, survival models, random forests, clustering, and Bayesian
- Proficient with at least one language for data analysis, such as R, Python or SAS
- Proven ability to lead and drive projects and assignments to completion through others, and effectively engage talent
- Exceptional planning, analytical, decision-making, communication and project management skills
- Demonstrated ability to exchange ideas and convey complex information clearly and concisely
- Ability to give effective presentations to management and other groups
- Master's Degree in Mathematics, Economics, Statistics or any other quantitative field plus a minimum 5 years of applied business/non-academic experience preferred; Ph.D. plus a minimum of 3 years of experience preferred
- Experienced in the following: generalized linear models, survival models, random forests, clustering, and Bayesian approaches to data analysis
- Basic knowledge of insurance principles, underwriting and ratemaking concepts and the various functions of an insurance organization, including Finance, Underwriting, Sales and Claims desirable
90
Actuary, Central Modeling Annuity Team Resume Examples & Samples
- Perform projections and analyze, summarize, and communicate results for the GGY AXIS models that project IFRS/GAAP, Statutory and Solvency II Earnings. Specific projects include
- Bachelor's Degree plus 3+ years of applicable experience, actuarial designation (FSA preferred)
- Liability expertise or asset-liability modeling experience, especially regarding Annuity insurance products
- Exposure to leading actuarial projection systems, in particular GGY AXIS, is preferred
- Desire to learn, take on responsibility, and assume ownership of various projects
- Capacity to supervise one actuarial student and work within groups
- Ability to handle deadline-oriented work; highly motivated; strong verbal and written communication skills
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Director & Actuary Resume Examples & Samples
- Complete ownership, including production and communication, of proactive, actionable Claims Actuarial analytics
- Translate impact of Claims’ operational and environmental changes on applicable loss costs, trends, and patterns. Partner with Personal and Commercial Reserving Actuarial to integrate insights into reserving work
- Work side-by-side with Claim and Business partners to recognize and analyze emerging claim trends, and develop strategies around risks and opportunities identified through your work
- Drive forward innovations and improvements and see the impact of your work from inception to conclusion. This includes sharing findings with management and working with partners across teams to make meaningful changes
- ACAS/FCAS preferred
- Strong leadership skills
- Driven, intellectually curious, passionate, resourceful and creative
- Excellent written and verbal communication skills. Experience with data visualization
- Attention to detail with strong time and project management skills
- Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines
92
AVP & Actuary Resume Examples & Samples
- Close calendar creation and maintenance, pre-close stage testing, running valuation, control testing, trend and earnings analysis, change management control and peer review, creating and maintaining model and systems documentation
- Following and opining on developments in US Statutory, Tax and Principles Based Reserving and providing GAAP guidance impacting Universal Life Products
- Performing periodic valuations and ledger posting of various actuarial financial items including performing controls and analytics
- Developing reserving analytics to illustrate the drivers of results, including reserve rollforwards and source of earnings analysis
- Evaluating current processes including model input and output procedures to recommend improvements in efficiency or effectiveness
- Partnering with Controlership and FP&A to understand and communicate the drivers of close results
- Partnering with IT on technical aspects of valuation and autopost processes
- Creating deliverables for annual statements, SOX testing and audit requests
- Supporting corporate and controllership initiatives
- BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or other technical degree
- Fellow of the Society of Actuaries or ASA with commensurate experience
- 7+ Years of experience in the actuarial field ior in insurance accounting & reporting
- Experience with Actuarial valuation and projection systems
- Understanding of GAAP, Statutory and Tax valuation methodology financial reporting requirements for Universal Life products
- Experience in building Actuarial models and analytics
- Demonstrated people management and mentoring skills
- Strong attention to detail and understanding of corporate governance
- Fellow of Society of Actuaries
- 10+ Years of experience in the actuarial field ior in insurance accounting & reporting
- Strong presentation skills and experience presenting to senior leadership
- Working knowledge of SOP03-01, AG 38, VM 20 and PGAAP processes as they apply to Life products
- Experience with Polysystems
93
Actuary Specialist Resume Examples & Samples
- Actuarial support for the audit engagement of insurance companies and employee benefit obligations (IAS19)
- Consulting services for insurance companies and other insurance related entities
- Actuarial valuation, implementation and development of actuarial models
- Actuarial due diligence and valuations for transaction services
- Solvency II projects
- University degree, Master’s (advantage actuarial, mathematical or statistical studies, quantitative finance)
- At least 2 years of relevant actuarial experience
- Certified Actuarial License – advantage, not obligatory
- English language
- Willingness to travel in the region
- Strong modelling or VBA programming skills, stochastic modelling, etc
- Participation on audit and advisory projects is expected
- Excellent opportunities for professional and personal growth
- Work in a dynamic international environment and ongoing on the job training
- Attractive remuneration package commensurate with the experience and performance
- Being part of a great actuarial team in Central Europe and working closely with Deloitte actuarial CE Leader
94
VA Modeling Infrastructure Actuary Level Resume Examples & Samples
- Provides reports and analyses to management on sales, persistency and mortality or morbidity experience for various product lines, reserve adequacy, risk management information, or various other similar items
- Manages studies that underlie actuarial assumptions and provides assumptions and data to others
- May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development
- Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace
- May supervise a small team of employees
95
VP & Actuary Production Modeling Lead Resume Examples & Samples
- You will support existing production modeling processes and analysis
- You will be developing / enhancing production modeling processes, analysis, and communication
- You will collaborate with Valuation, Forecasting, Pricing, IT partners, and system vendors to design, develop, test, and implement assumption updates, regulatory requirements, internal capital frameworks, new products, methodology enhancements, and system conversions
- You will be supporting model governance requirements
- You will be assessing / proposing modeling strategy and approaches
- You will be supporting / performing model research and development
- Identifying ways models may be used to drive / support business decisions
- Fellow of the Society of Actuaries (FSA) with 7+ years of actuarial experience
- Experience with GGY AXIS preferred
- Experience with variable annuity products with living benefit guarantees preferred
- Experience with multiple actuarial functions (e.g., valuation, forecasting, pricing, hedging, ALM) is a plus
- Knowledge of statutory and GAAP valuation and financial reporting
- Knowledge of audit, control, and model risk management concepts
- Strong project management skills and the ability to prioritize and lead multiple tasks / initiatives
- Ability to balance theoretical and practical considerations, challenge the status quo, and take intelligent risks
- Ability to partner across business and corporate areas and influence business partners at all levels
- Commitment to team building and developing well-rounded actuarial talent
96
Manager, Assistant Actuary Resume Examples & Samples
- Hires, develops, manages and motivates a performance-based team providing ongoing direction, leadership, evaluation, training and development of staff to maximize return and drive results
- Utilizes complex mathematical models and applies sound actuarial principles to all financial/pricing analysis and to all aspects of decision-making processes. Performs high level financial/actuarial analyses for the ConnectiCare business
- Develops actionable recommendations to management relative to actuarial analyses
- Provides business planning guidance through the use of data/analysis to promote information-based decision-making throughout the organization in support of growth and profitability goals
- Proactively identifies, communicates, and leads organizational dialogue related to healthcare cost/trend opportunities and risks throughout the organization
- Analyzes historical medical expenses, and projects future medical expenses and required revenues, collaborating with Chief Underwriter to identify risks and opportunities relative to the Plan
- Leads the development of appropriate large group Manual rate levels, rating adjustment factors, and price relativities among and between product and benefit options. Develops and maintains pricing tools used by Large Group underwriting teams
- Develops and maintains ASO pricing structure and alternate funding approaches, including minimum premium and level funding arrangements
- Develops state rate filings, including peer review as necessary
- Collaborates with Product and Sales teams to make sound recommendations on portfolio, pricing and strategy
- Leads the assessment of the pricing impact of all relevant senior management policy decisions, including but not limited to changes in products, underwriting policy, provider contracts, etc
- Monitors and evaluates competitor rates, trends, and rating methodologies
- Analyzes key product performance measures including, but not limited to, medical cost trends, premium yields, book-of-business loss ratios
- Estimates mandated benefit costs and calculates pricing of non-standard benefits and riders as needed
- Works closely with actuarial teams, outside consultants and management to ensure that projects conform to Actuarial Standards of Practice
- Builds strong inter-dependent relationships within the organization as appropriate, including finance, network pricing, product pricing, underwriting, and clinical operations functional areas
- Performs other related projects as needed
- S.A. or F.S.A. required. Bachelor’s degree required, preferably in Actuarial Science, Mathematics, Statistics, Finance, or related field, or an equivalent combination of education and experience
- At least 10 years of previous experience in actuarial work in health insurance. Includes at least 3 years of Large Group rate development, including manual and experience rates, ASO, and alternate funding arrangements
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Actuary Resume Examples & Samples
- Perform independent validation of MetLife’s models to effectively challenge the models
- Evaluate appropriateness of assumptions, data sources and reliability of inputs
- Test model output through building of challenger models, back testing, sensitivity analysis or stress testing as applicable
- Assist in writing and reviewing validation reports illustrating the relevant results of theoretical review and testing, calling attention to areas of concern, and/or uncertainty
- Monitor findings, recommendations and management action plans resulting from validation reports, ensuring actions taken appropriately address concerns
- Review and challenge annual model risk assessments
- Prepare metrics reporting as necessary
- Bachelor's degree in mathematics, statistics, actuarial science, finance, investment and securities and investment management
- 5+ years’ experience working in the financial services/insurance industry
- ASA/FSA, FSA preferred
- Knowledge of insurance products and investments including derivatives
- Knowledge of risk management & ALM
- Excellent verbal and written communication skills
- Ability to work on multiple projects
- Good interpersonal skills
- Strong analytical skills of complex models and products
98
Managing Actuary Resume Examples & Samples
- Provide excellent guidance to Humana’s leadership team in valuing liabilities by using sound, up-to- date valuation methods and assumptions. These health liabilities include, but are not limited to, incurred but not reported (IBNR), premium deficiency reserves (PDR), extension of benefit (EOB), and aggregate & specific stop loss reserves
- Conduct monthly meetings with the Finance team to come to an agreement on reserve estimates
- Coordinate with operations, pricing and financial areas to insure consistency of reporting and analysis
- Increase our analytic capacity by creating innovative and cutting-edge reserving models and technology driven tools
- Interact frequently with PwC and state DOIs on audits and examinations
- Strengthen a customer focused approach that allows sharing of expertise across departments and silos, which includes supporting the Humana Associate & ASO business and Chief Actuary initiatives
- Develop expertise in regulatory matters, as it relates to statutory requirements, return on invested income (ROIC) and risk-based capital (RBC)
- Manage a diverse staff
- FSA/MAAA or ASA/MAAA plus relevant advanced degree, and/or significant and commensurate work experience with responsibilities, and/or other relevant professional designations
- Devises collaborative solutions by using in-depth technical & actuarial skills along with soft skills & strategic alignment with Humana’s Enterprise goals
99
Actuary / Director Resume Examples & Samples
- Support the development of our next generation product
- Create countrywide product enhancements for Auto and Property lines of business to drive new business growth
- Coach and mentor analysts on the team, and provide ongoing feedback to support thoughtful analytics, and strong understanding of the business
- Partner closely with cross-functional stakeholders within Product, Distribution, Marketing and the CAO to improve our understanding of the customer and better inform our product design
- Drive major cross-functional initiatives, and lead cross-functional working teams. Influence key stakeholders and gain buy-in across the organization
- Build a thorough understanding of customer and agent experience. Develop product solutions with customer and agent experience in mind
- Frequently communicate and present to senior leaders, including the Chief Product Officer
- FCAS or Master's degree in a quantitative discipline strongly preferred
- Minimum 5 - 10 years progressively responsible experience in a Fortune 500 company; P & C Insurance industry experience preferred
- Must have exceptional planning, organizational, decision-making, and project management skills, including experience managing medium to large projects. Experience managing individuals or operations preferred
- Must have advanced analytical and problem solving skills. Understanding of sophisticated analytical techniques including predictive modeling experience strongly desired
- Must have exceptional communication skills, particularly ability to communicate highly analytical and complex concepts to a broad audience. Ability to influence senior leadership as well as partner organizations
- Industry knowledge developed from internal meetings, news alerts, project-specific work, and proactive research into competitor strategies
100
Managing Actuary Resume Examples & Samples
- Oversee assumption development and own the accountability of the methodologies behind the assumptions within Medicare Advantage Trend and Financial Forecasting
- Support Medicare Advantage Bid Development
- Ensure compliance with Actuarial Standards of Practice
- Experience in Trend Forecasting
- Medicare Pricing Experience
101
Senior Director / Asst Actuary Resume Examples & Samples
- Influence division financial strategies. Research complex regulatory issues, determine applicability to situation, and design effective methods to implement required procedures and communicate with affected parties
- Manage external and internal auditor relationships and associated exams. Review, evaluation and updating of relevant procedures, ICFR documentation and internal controls
- Maintain strong financial processes, procedures, and internal controls
- Manage annual actuarial assumption review and implementation of any changes
102
Director, Actuary Resume Examples & Samples
- Model Control Standards: Supporting plans and activities related to modeling systems and model risk activities across the Company to ensure consistency and transparency of modeling direction, vision, strategy, and appropriate governance controls
- Model Validation & Testing: Supporting independent periodic model validation and testing of investment, finance and risk models. This will include review, effective challenge, and written documentation, including assessment of conceptual soundness, model performance/outcomes analysis, and appropriateness of model assumptions, data sources, mathematical formulas and business applications as well as communication of key model weaknesses and data limitations (e.g., inherent model imprecision)
- Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Science‐based, or related analytical field
- Strong technical knowledge of insurance or bank products is desired
- Excellent mathematical, analytical problem solving skills
- Strong communication (both written and oral) skills, including the ability to communicate complex issues to non‐technical persons
- Experience managing one or more direct reports, or managing more junior level resources on projects, is strongly desired
- Ability to build strong relationships while challenging and influencing people in a constructive manner
- Proficiency in the use of relevant software packages, such as ALFA, Prophet, MATLAB, VBA, SAS, R software
- Working knowledge of programming languages, such as C, C++, JAVA
- Demonstrated advanced knowledge of software packages used in business communication such as MS Excel, Word and PowerPoint
103
Variable Annuity Modeling Infrastructure Actuary Lead Resume Examples & Samples
- Performs responsibilities as model supervisor of the ALFA VA modeling: oversee/lead implementation new products/product features or enhancements, assumption and/or methodology changes, lead development of requirements through an understanding of variable annuities and the code and architecture of the ALFA VA models and inforce files
- Perform administrative responsibilities as model supervisor of the ALFA model databases, including review and approval of estimated financial impacts (EFIs), understand and recommend resolution for model issues impacting all VA models, coordinating with Risk with regard to audits of the models
- Lead the quarterly updates to ALFA with model owners and developers and also completes any required papers for ALFA modeling items and coordinates model specific items with model owners
- Thoroughly understands and follows appropriate change management and governance processes
- Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the variable annuity ALFA models, representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience studies, etc.)
- Lead the updating and maintenance of the Assumption and Methodology Repository for variable annuity related items
- The Variable Annuity Model Lead will have a high level of cross functional visibility across the organization, inclusive of management, model owners, CMO, etc
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience
- In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience
- In lieu of FSA will accept ASA or equivalent professional designation and 12 years of relevant experience
- Knowledge of Variable Annuity guarantees, IFRS and statutory valuation, and actuarial modeling software is preferred
104
Variable Annuity Modeling Infrastructure Actuary Resume Examples & Samples
- Performs responsibilities as model owner of the ALFA models: implement new products/product features or enhancements, review/understand proposed assumption and/or methodology changes, research issues and develop requirements through an understanding of variable annuities and the code and architecture of the ALFA VA models and inforce files
- Perform administrative responsibilities as model owner of the ALFA model databases, including planning quarterly implementations, updating estimated financial impacts (EFIs), researching model issues impacting all VA models, maintaining the database, opening/closing items on the log and working with Risk with regard to audits of the models
- Coordinates the quarterly updates to ALFA with model owners and developers, while ensuring that change management and governance is followed
- Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the variable annuity ALFA models, representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience, etc.)
- Finds creative solutions to modeling issues as participant on cross functional/cross product teams
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 6 years of relevant experience
- In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience
- In lieu of FSA will accept ASA or equivalent professional designation and 10 years of relevant experience
- Knowledge of actuarial modeling systems and Variable Annuity guarantees preferred
105
Lead Actuary Resume Examples & Samples
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience
- In lieu of Bachelor's, will accept Master’s in a listed discipline and 6 years or relevant experience
- In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience
106
Managing Actuary Resume Examples & Samples
- Plans and executes projects designed to meet specified product development, pricing, reserving, projection, and financial or risk management objectives. May have direct reports and engage in human resource management functions such as coaching, performing appraisals, and handling other HR administrative tasks. May review the work of actuarial students in the execution of specific projects or tasks
- Manages the development of new product rates, directs the determination of the impact on premiums and/or profits of various product proposals, and directs both long and short term experience studies to be completed in a timely manner and providing useful results
- Develops improvements to actuarial models, methods, procedures, and systems and keeps abreast of legislative and other changes to determine their effect on assumptions and formulas
- Provides recommendations to management based on analysis of financial and non-financial data regarding trends and indicators of the product or product grouping
- Directs the rate development for new products and product modifications and also directs re-rating activity. Develops rate assumptions and manages the development of rate scales and detailed rates
- Participates in the initial viability assessment for new product ideas and modifications, including preliminary pricing. Reviews product specifications and estimate cost and schedule. Consults competitive research to balance pricing/competitive issues
- Manages the development of financial projections (preliminary and detailed) and develops detailed financial projections for new and existing products
- Directs financial impact assessment activities related to compliance changes and other environmental factors impacting the product or product grouping
- Prepares actuarial memoranda for filing with state insurance departments
- Establishes and maintains systems for producing reserves and other actuarial values. Analyzes experience and provides reserve recommendations for claim reserves where needed
- Risk Management; Identifies and assesses risk in actuarial responsibilities. Complies with actuarial standards of practice, precepts and enterprise risk management responsibilities. Supports enterprise wide risk management initiatives
- FSA and 10 years or more experience in designing and implementing actuarial modeling system solutions
- Wide range of experience with many actuarial modeling platforms
- Excellent interpersonal, verbal and written communications skills, facilitation skills, presentation and speaking skills, and ability to effectively work with senior management, stakeholders and cross functional project teams
- Experience mentoring and coaching less experienced Project Managers
- Understands cross-portfolio dependencies and uses extensive experience and judgment to plan and accomplish goals
- Excellent critical thinking and influencing skills with extensive knowledge of analysis and design
- Demonstrated ability to assimilate, interpret and draw conclusions from an extensive variety of data with multiple abstract and concrete variables
- Ability to direct design of functional process and workflow consistent with the stated business needs
- Demonstrated ability to develop and maintain business relationships with customers and suppliers at all levels while influencing/persuading sponsors and key stakeholders on large projects
- Ability to understand and convey to others enterprise level objectives and impact of programs, implementation and deliverables
- Thorough knowledge of the insurance industry, operational business processes, and how technology relates to business, market and the insurance industry when meeting critical business needs
- Proven leadership abilities including strong decision-making, sound judgment, team building, coaching, mentoring and problem solving skills
- Bachelors degree
- Thorough understanding of industry best practices regarding model governance and change management
- In-depth understanding of financial statements and insurance product mechanics and features
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Actuary Resume Examples & Samples
- Partner with the Innovation team in product development ideation
- Lead the development of pricing assumptions
- Using actuarial principles and pricing models (APL, GGY, Excel), lead the design and pricing of new life insurance products and/or enhancements to existing life products
- Develop and/or enhance pricing models to support product pricing analysis and design
- Secure required pricing approvals from key stakeholders by balancing competitive benchmarks and acceptable levels of expected profit and risk
- Oversee creation and maintenance of pricing assumption and final pricing documentation
- Research state / federal regulations that govern life insurance and develop actuarial demonstrations to support state and federal filings of life products
- Assist with NAIC Illustration testing as needed to obtain necessary approvals
- Provide internal (home office) and external (agent) actuarial support as needed
- Work with junior staff and implementation teams to define rate file specifications
- Oversee development of rate files that contains all rates necessary to issue and service a new product or product enhancement, and ensure that rate file structure is consistent with agreed upon format and has been thoroughly tested to assure accuracy
- Provide thought leadership and lead analysis on a range of topics such as reinsurance strategy, algorithmic underwriting and capital use
- Educate senior leadership / other areas of the organization on key life product issues and champion related solutions
- Mentor and train junior team members
- Manage work efforts of team members assigned to projects
- Fellow, Society of Actuaries (near FSAs will be considered)
- Member of the American Academy of Actuaries
- 5+ years of experience with 2+ years of product development / product management experience
- Strong knowledge of actuarial concepts as they relate to product pricing and product management
- Actuarial modeling proficiency, e.g. working knowledge of APL and/or GGY
- Knowledge of life insurance and state/federal regulations that govern life insurance (e.g. reserve, nonforfeiture, and illustration regulations)
- Ability to drive initiatives and influence the organization, inquisitiveness, ownership, and ability to make sound decisions
- Authorized to work in the US without sponsorship
- Advanced knowledge of Excel required (VBA a plus)
108
Actuary Resume Examples & Samples
- Lead the pricing of new and existing Annuity products
- Provide actuarial support for policy form and regulatory filings, competitive benchmarking and industry analysis
- Work with our business partners to understand the industry competitive landscape and be a key player in the design of new products to balance competitiveness and profitability
- Take ownership in setting pricing assumptions and performing pricing analysis
- Lead pricing review and approval process with both Corporate Actuarial and MassMutual US Product Management & Pricing
- Provide technical guidance, mentoring and training to actuarial students on the Annuity team
- Gain proficiency and be the subject matter expert on the pricing actuarial systems GGY Axis and Prophet
- Take ownership of pricing models and lead model development for new products
- Mentor actuarial professionals/staff that assists this role in conducting actuarial studies and activities
- Prepare actuarial certifications for product development and SEC filings
- Drives continuous improvement and efficiencies beyond own scope of responsibility
- Experience with actuarial software and models
- Ability to build, validate, enhance, and maintain asset share pricing models
- Ability to interact with technical and non-technical audiences at all levels, within and across organizational boundaries
- Ability to use a disciplined work approach to initiatives, projects, and day-to-day activities
- Bachelor’s degree in actuarial science, math, statistics, or related discipline
- FSA, MAAA designations required
- Annuity, ALM or investment experience is preferred
109
Senior Product Actuary Resume Examples & Samples
- Provide assistance to the Head of Product Development by managing various aspects of product development activities of RGA Southeast Asia including participating in strategic discussion, organizing and attending product workshops and attending client meetings as a product subject matter expert when required
- Taking up leading role in the implementation of new product initiatives from a pricing and risk management perspective, this includes
- Accreditation as a fellow in a globally recognized actuarial association (e.g. U.S., Canada, Australia, UK or equivalent)
- At least 8 years of actuarial working experience with some pricing / product development experience either with insurer or reinsurer
- Solid understanding of various Individual life insurance products
- Knowledge of Asian life insurance markets and product lines highly regarded
- Highly organized, delivery-orientated with the ability to work with multiple concurrent projects
- Excellent English communication skills – both written and verbal. Asian language skills desirable
- Highly motivated, results oriented and solutions focused
- Innovative, proactive and improvement oriented
- Ability and willingness to travel internationally (periods of approximately 2-4 days each time and 4-8 times a year)
- Ability to work within a virtual office environment, including dealing with stakeholders that are not physically in the same office
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Actuary Resume Examples & Samples
- Execute and lead audit engagements to ensure key risks and controls are properly identified, test procedures support the audit objectives, test procedures are completed in the budgeted timeframe and work performed support the conclusions drawn
- Conduct walk-throughs, process documentation (narratives/ flowcharts), risk and control assessments, establishing test procedures, and issue / report writing
- Document work performed and conclusions reached in accordance with IAG’s Global Audit Methodology
- Draft audit reports and effectively communicate results to key business stakeholders
- Conduct meetings with key stakeholders to monitor changes in the business strategy, impact of new products, changes in the operating and systems environment and emerging risks posed to the business to support our continuous risk assessment process
- Monitor and evaluate key business metrics to identify areas of focus or opportunities for improvement
- Analyze events/data to determine root causes and inadequate controls
111
Life Actuary Services Resume Examples & Samples
- Developing and sustaining extensive client relationships using networking, negotiation and persuasion skills to identify and sell potential new service opportunities
- Preparing and presenting complex written and verbal materials; and,
- Defining resource requirements, project workflow, budgets, billing, collection
112
Director & Actuary Resume Examples & Samples
- Complete ownership, including production and communication, of semi-annual National Accounts reserve review analysis for all lines-of-business. This will require developing strong partnerships with various functions within National Accounts, including Actuarial, Claims, Finance, Underwriting, and Third Party Administration
- Complete ownership, including production and communication, of Dividend, Retrospective Premium, and Audit Premium reserve review analyses for all lines-of-business across P&C
- Complete proactive, actionable claims analytics to identify and communicate emerging trends and create leading indicators of future claims performance. This will require creation and review of claim diagnostics, development of close relationships and regular touch points with the claims organization, and a pulse on external results and studies
- Develop innovations to improve the accuracy and efficiency of reserve reviews and claims analytics
- Develop, lead, and own longer-term projects across teams and lines of business to advance the entire department’s analytics and efficiency
- Working in partnership with manager and peers, develop vision and prioritization for the entire team
- Manage, coach, and develop two direct reports, including accountability for their performance and professional development
- ACAS/FCAS with a strong actuarial background
- Bachelor’s degree in Actuarial Science, Computer Science, Applied Mathematics, or other similar analytical fields with 5+ years of P&C Insurance experience
- Strong Management and Leadership skills with the ability to train, develop, and challenge staff as well as influence partners to improve financial outcomes for The Hartford
- Self motivated with the ability to successfully juggle project management and high importance individual contributor work
- Strong technical and analytical skills with the ability to work independently as well as part of a team
- Excellent written and verbal communication skills with the ability to influence and convey technical concepts to audiences of various levels and diverse technical backgrounds
- Flexibility and willingness to adapt to changing priorities of various key customers at the senior leadership level
- Strong Computer and Data Skills
- Thought Leader. Seeks new ways to approach analysis and projects and solve business problems
- NO AGENCIES PLEASE **
113
Director & Actuary Resume Examples & Samples
- Support in-force management initiatives related to Long Term Care insurance blocks that improve policyholder alternatives and meet regulatory requirements while maintaining/enhancing the company's profitability and risk management objectives
- Develop, enhance and maintain projection models used for in-force analytics
- Develop tools and processes to aid in further understanding the impacts of policyholder behavior
- Draw insights from analysis and make recommendations to senior management regarding implications of findings and proposed actions
- Support the development of policyholder options that can help mitigate the impact of rate actions for policyholders and improve the efficacy of rate actions for Genworth
- Influence other functional areas to incorporate insights/findings
- Support other LTC In-Force Solutions and Analytics goals, objectives and work streams
- Support ad hoc requests for analysis / actuarial assistance on LTC issues
- BA/BS Degree in Mathematics/Statistics/Science, Actuarial Science, Business/Finance, Engineering or related major involving significant technical/analytical coursework
- FSA certification
- Ability to operate independently with minimal supervision
- Significant modeling experience
- Ability to think broadly and lead/influence without direct authority
- Ability to meet project deadlines and manage multiple priorities
- Basic programming skills and experience in Microsoft applications of Excel, VBA, Access, Word and Powerpoint
- Demonstrated ability to perform thorough research, understanding inputs, sources of data, downstream impacts both within and outside of areas of direct control / responsibility
- Proven at developing thorough documentation that is self-explanatory and of the highest standards
- Ability to interact professionally and effectively in a team environment
- Self-driven, motivated and shows ownership in tasks
- Either prior experience at Genworth or prior LTC insurance experience
- Experience with AXIS
- Programming skills in SAS, SQL
114
Director & Actuary Resume Examples & Samples
- Manage a team of Territory Actuaries
- Create and implement state action plans to hit growth and profitability objectives within each state
- Become the Advocate/Subject Matter Expertise in one LOB for Small Commercial
- Support Small Commercial strategic initiatives and projects
- Develop new analytic tools and enhance current tools
- Share knowledge among the Territory Actuarial Team
- Provide input and recommendations for state rate reviews across all lines
- Analyze flow, mix, ROE, trends, and indications for Auto, BOP, and WC business
- Lead team on proactively finding and sharing important results before business issues occur
- FCAS/career ACAS or at least 5 years of working experience in the property and casualty lines of business
- Self-motivation, creativity, time-management, project-management, and customer-management skills will be beneficial in this role
- Very strong technical and analytical skills with the ability to work independently as well as part of a team
- Excellent written and verbal communication skills with the ability to convey technical concepts to audiences of various levels and diverse technical backgrounds
- Flexibility and willingness to adapt to changing priorities
- Strong Computer and Data Skills with the ability to adapt processes and build efficiencies
- Innovative approach. Seeks new ways to approach analysis and projects and solve business problems
115
AVP & Actuary, Business Insights Resume Examples & Samples
- Bachelor’s Degree and 8 or more years of experience in the Actuarial area
- FCAS
- Bachelor's degree in Actuarial Sciences, Mathematics, Statistics or a related field with a mathematical, statistical or numerate background
- Experience in multiple functional areas (pricing, reserving, capital management) and in multiple business units
- Actuarial experience that includes a combination of reserving and pricing experience, diversified business lines that include commercial lines of business
- Experience in long tailed casualty lines and/or specialty lines of business
- Strong written, verbal and interpersonal communication skills
- Ability to travel less than 25%
116
Director & Actuary Resume Examples & Samples
- Coordination and collaboration with local EULA Operation’s Actuarial teams. Act as a liaison between the local Operations and PII Newark Actuarial Functional teams to provide needed support leading to successful delivery on projects. This includes business as usual work, initiatives (such as new capital/financial reporting standards), and opportunistic business development opportunities that arise
- Assess ways Operations can be more efficient with modeling, assumption development, financial reporting
- Export best practices across the Region, looking for ways to increase collaboration and consistency of best practices across Operations
- Provide advice to local Chief Actuary based on unique challenges and tactical goals of each Operation. Bring in appropriate functional subject matter experts as needed. Detect emerging risks and help the Operations find solutions to mitigate them
- Accountable for holistic view of Operation’s Actuarial needs. Coordinate needed training in Local Operations, leveraging key PII Newark Actuarial functional resources
- Establish a regular communication forum, allowing coordination and prioritization of workflow, and creating a foundation for familiarity with Operation’s processes and control framework
- 6 or more years of actuarial experience in pricing, valuation, or assumptions; international product experience a plus
117
Actuary Resume Examples & Samples
- Drive collaboration with business units to effectively coordinate and execute model risk management activities
- Track enterprise-wide compliance with the Model Risk Management Policy
- Thoroughly validate actuarial models in accordance with the Model Validation Management Policy and the Three Lines of Defense framework
- Maintain the NYL model inventory and model risk dashboard to inform management decision making
- Monitor and implement emerging model risk management best practices
- Fellow of the Society of Actuaries with minimum 8 years of rotational experience in life insurance and annuities; expertise in asset management and accounting a plus
- Ability to think strategically about Model Risk Governance and strategy; history of employing Model Risk Governance procedures preferred
- Strong critical and creative thinking skills with ability to synthesize data and challenge the concepts underlying modeling decisions
- Strong modeling, analytical, and technical skills
- Superb written and verbal communication skills
- High standard of accuracy and attention to detail
- Interest in understanding all aspects of the work
- Ability to become a trusted partner and implement change
- Comfortable working in a team environment
- Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company
118
Actuary Resume Examples & Samples
- Direct vendor work to effectively coordinate and facilitate model risk management activities
- Assess vendor compliance with project acceptance criteria
- Ensure that vendor validations of actuarial models are performed in accordance with the Model Validation Management Policy and the Three Lines of Defense framework
- Track vendor performance and make project recommendations to senior management
- Direct model risk dashboard updates related to vendor progress
- Fellow of the Society of Actuaries with minimum 10 years of experience in both life insurance and annuities
- FSA and/or CFA a plus
- Exceptional project management skills with a demonstrated history of success
- Ability to think strategically about model risk governance and strategy; history of employing model risk governance procedures preferred
119
VP & Actuary Resume Examples & Samples
- Excellent technical and communication skills
- Analytical & inquisitive, striving to continuously learn and grow individually as a professional as well as identify and act upon opportunities to improve processes and work product
- Team-oriented and collaborative
- Taking pride in accomplishments both individually and as a team, maintaining an environment that fosters consistent delivery of a superior work product
- Accountable and results-oriented
- Ability to work independently
- Hard working and proactive
- Demonstrated track record of increasing responsibilities and leadership capabilities
- BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major
- Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries
- 5+ years of actuarial experience, including at least 3 years of pricing
- Solid knowledge of annuity products
- Strong spreadsheet and technical skills
- Experience with pricing/projection software (MG-ALFA preferred)
120
Actuary Valuation Assistant Manager Resume Examples & Samples
- Conducting and ensure delivery of all Statutory Reporting Requirements and Analysis such as but not limited to Reserving, Operational Report and Actuarial Report, for all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Conducting and ensure delivery of all USGAAP Reporting Requirements and Analysis, such as but not limited to Reserving, Deferrals and Earnings, for all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Conducting and ensure delivery of all Solvency Reporting Requirements and Analysis, for all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Conducting and ensure delivery of earnings projection and analysis on both USGAAP and Statutory basis for all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Conducting and ensure delivery of all OJK (Financial Services Authority) reporting requirement all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Conducting and ensure delivery of actual Profitability (VNB%, PM%) Report and tracking for all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Conducting and ensure delivery of all Regional Reporting Requirements on all period basis (Monthly, Quarterly, Semi Annually and Annually) in accurate and timely manners
- Establish and maintaining actuarial related company KPI tracking dashboard and analysis on monthly basis
- Maintaining good relationship with other departments/operational functions
- Supervising Junior staff
121
Director, Actuary Resume Examples & Samples
- Actuarial training (ASA required, FSA preferred)
- Bachelor’s degree required. Masters or higher degrees preferred
- Strong actuarial modeling experience
- LTC product knowledge and experience preferred
- Strong financial knowledge (GAAP, Statutory, Asset, ALM)
- Strong computer skills (Excel, Access, VBA)
- High level of self-motivation and ownership of results
- Team leadership skills and project management skills
- Analytical, interpersonal, time management and communication skills
- Willingness to develop and learn
122
AVP & Actuary, Management Liability Lines Resume Examples & Samples
- Support Management Liability Technical Underwriting Team in developing pricing strategies,portfolio management initiatives, and deep dives
- Monitor actual performance against plan
- Rate making, new product development and reporting
- Design and develop alternative and/or additional methods for pricing
- Develop appropriate rates, rating plans and reserving systems
- Develop projections and forecasts for planning
- Review and interpret rate and rule changes
- Where appropriate, provide actuarial support for various national/local filings, regulatory or management requirements
- Analyze loss experience, loss trends and expenses,
- Develop rate indications and evaluate pricing levels
- Bachelor’s Degree and 8 or more years of experience in the Actuarial area AND
- ACAS
- FCAS
- Bachelor's degree in Actuarial Sciences, Mathematics, Statistics or a related field with a mathematical, statistical or numerate background
- Experience in multiple functional areas (pricing, reserving, capital management) and in multiple business units
- Actuarial experience that includes a combination of reserving and pricing experience, diversified business lines that include commercial lines of business
- Strong written, verbal and interpersonal communication skills
123
Director & Assistant Actuary Resume Examples & Samples
- Providing timely and accurate calculations and detailed analysis of values related to development of pricing models on a variety of accounting methodologies including statutory, tax and GAAP as well as using principles based reserves
- Analyzing product, funding pattern, and demographic mix of new life product sales and reporting on the impacts on actual to expected profit measures
- Developing and/or validating rate files for upload into our systems as well as managing the creation of testing tools for product implementation
- Learning, understanding, and training the product development team on new and emerging requirements that impact our pricing methodologies
- Supporting the marketing launches of products by working closely with marketing and sales teams to train associates on the structure of the new or revised life products
- Presenting product development initiatives to internal audiences, including senior management
- Developing or directing new procedures and workflows to improve on existing processes
- Working proactively with valuation and forecasting teams to ensure pricing models are meeting corporate data standards
- Debugging and validating pricing models during development phase with regards to the technical aspects of the calculations
- Working independently and taking initiative to manage assigned pricing functions, while still working in a team environment
- Tackling special projects as directed by your supervisor
- Documenting decisions made as well as processes put into place and other work performed
- Demonstrating a willingness to learn and understand new software tools, new administrative systems and new product features
- Must be in compliance with the American Academy of Actuaries continuing education requirements
124
Junior Actuary Specialist Resume Examples & Samples
- Actuarial support for the audit engagement of insurance companies and employee benefit obligations (IAS19)
- Consulting services for insurance companies and other insurance related entities
- Actuarial valuation, implementation and development of actuarial models
- Actuarial due diligence and valuations for transaction services
- Solvency II projects
- University degree, Master’s (advantage actuarial, mathematical or statistical studies, quantitative finance)
- At least 1 year of relevant actuarial experience
- Certified Actuarial License – advantage, not obligatory
- English language
- Willingness to travel in the region
- Strong modelling or VBA programming skills, stochastic modelling, etc
- Participation on audit and advisory projects is expected
- Excellent opportunities for professional and personal growth
- Work in a dynamic international environment and ongoing on the job training
- Attractive remuneration package commensurate with the experience and performance
- Being part of a great actuarial team in Central Europe and working closely with Deloitte actuarial CE Leader
125
Assistant Actuary / Asst Dir Resume Examples & Samples
- Collaborate with other business partners to develop appropriate statistical approaches and tools that will drive strategic decision making related to reserving, trends and other challenging problems central to our business
- Research, recommend, and implement new and/or alternative statistical and other mathematical methodologies appropriate for the given model or analysis
- Perform highly complex, technical and creative predictive analytics projects
- Manage and prioritize multiple moderate-to-highly complex projects including gathering business requirements, developing project goals and requirements, coordinating project timelines, and communicating project status and deliverables with customers and management
- Understand the competitive marketplace, business issues, and data challenges in order to deliver actionable insights, recommendations and business processes
- Present findings, share insights, and make recommendations that impact profitability, growth and/or customer satisfaction
- Effectively communicate results in written, oral and presentation formats
- Bachelor's degree required; Master’s degree preferred
- Passing grades on a minimum of 7 Casualty Actuarial Exams, or ASA plus 1 Society of Actuaries Fellowship exam, is required
- Commitment to achieving Fellowship in the Casualty Actuarial Society (FCAS) or Fellowship in the Society of Actuaries (FSA)
- Proficient in predictive analytics including real-world experience in model development, validation, and testing
- Proficient with at least one language for data analysis, such as R, Python or SAS
- Experience with very large analysis datasets and Enterprise-scale database systems
- Knowledge of a variety of modeling techniques including generalized linear models, survival models, random forests, clustering, and Bayesian
- Strong verbal and written communication skills, interpersonal skills, and ability to clearly and effectively communicate technical results to a non-technical business audience
- Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc
- Ability to perform high-level work both independently and collaboratively as a project team member or leader
- Master's Degree in Mathematics, Economics, Statistics or any other quantitative field plus a minimum 5 years of applied business/non-academic experience preferred; Ph.D. plus a minimum of 2 years of experience preferred
- Advanced analytical/problem solving and research skills
- Experienced in the following: generalized linear models, survival models, random forests, clustering, and Bayesian approaches to data analysis
- Knowledge of insurance principles, underwriting and ratemaking concepts and the various functions of an insurance organization, including Finance, Underwriting, Sales and Claims desirable
126
Solvency Actuary Resume Examples & Samples
- Support production of the Actuarial Function Report (AFR)
- Review of material assumptions/models as well as their year-on-year changes in the context of the AFR
- Support review of overall adequacy of Life Technical Provisions coordinating the Group wide process
- Review of regional contributions to Solvency 2 Technical Provision results
- Support further development of process related to AFR, including maintenance of the internal system of controls documentation
- Oversee quarterly production of Life Technical Provisions and providing analyses supporting Group Chief Actuary’s opinion on the quarterly Technical Provisions
- Support quarterly and annual actuarial reserving memos
- University degree/Master degree in Mathematics, Actuarial Science or Economics with the main focus on actuarial science
- Preferably membership in actuarial association/qualified as an actuary or equivalency from a recognized organization
- At least 5 years specific work experience in (re)insurance with a focus on life valuation issues (Solvency 2, MCEV, US GAAP or similar)
- Modeling background (Prophet or similar) a plus
- Strong command of MS Office tools
- Advanced analytical and conceptual skills
- Advanced communication skills
- Very good command of English
127
Director & Actuary Resume Examples & Samples
- Help lead the L&R ALM strategic initiatives such as development, design and analysis of interest rate risk management/hedging strategies for various lines of business
- Liaise with the BU leaders to compile the ALM requirements, and work with them to develop and articulate the overall ALM objectives and strategy
- Help manage the quarterly ALM risk reporting process and direct the junior members of the team in coordinating with the projection modeling team to develop quarterly ALM reports for risk and investments purposes
- Help manage other ALM-related reporting including Market-Based Embedded Value, and Best Estimate Liability
- Help lead the ongoing L&R ALM process transformation including the transition of the ALM projection modeling platform, working with IT partners to oversee process automation and streamline data inputs for the regular ALM risk reporting
- Work closely with the Investments and actuarial teams to help develop proposals for strategic asset allocation and duration targets and help evaluate alternate approaches to the optimization of the asset targets
- Help lead the ongoing development of ALM methodology documentation, and improve the technical and peer review process for ALM reporting
- 7+ years of progressively more responsible actuarial experience in the life and retirement industry, with a focus on asset liability management and economic valuation concepts
- Previous experience in an ALM role including experience in cross-functional projects
- Significant expertise working with Prophet, TAS, MoSes, or Axis modeling software a plus
- Progressive experience in a large actuarial or finance organization
128
Regional Product Actuary Resume Examples & Samples
- Provide assistance to the Head of Product Development – Actuarial, Asia to develop and price innovative insurance products across Asia. This role includes
- Accreditation as a fellow in a globally recognized actuarial association (e.g. U.S., Canada, Australia, UK or equivalent)
- 4 - 7 years of actuarial working experience in life insurance or reinsurance
- Pricing / product development experience would be valued highly
- Knowledge of Asian life insurance markets and product lines highly regarded
- Solid understanding of various Individual life insurance products
- Highly motivated, results oriented and solutions focused
- Organized, delivery-orientated with the ability to work with multiple concurrent projects
- Innovative, proactive and improvement oriented
- Ability and willingness to travel internationally
- Ability to work within a virtual office environment including dealing with stakeholders that are not physically in the same office
- Advanced MS Office suite - Excel, Word, PowerPoint
129
Director, Actuary Resume Examples & Samples
- Lead the Prophet ALM implementation of IFRS 17 for various PII jurisdictions such as Korea, Taiwan, Malaysia, Brazil, etc
- Support international operations on other model build initiatives driven by changes in internal requirements or changes in regulatory regimes; developing ALM models and tools using actuarial modeling software Prophet
- Provide oversight and guidance to the local Prophet implementation efforts of liability products
- Act as the subject matter experts within PII for global wide emerging new regulation regimes especially for IFRS 17
- Act as the subject matter experts within PII for the Prophet suite of software which includes Prophet Professional, Prophet Enterprise, various liability libraries and ALS library
- Collaborate and communicate regularly with other teams such as Pricing, Assumption, Corporate Actuarial, Finance, Portfolio Management, and ERM for IFRS 17 and other initiatives
- Provide actuarial analysis to support various M&A initiatives
- A minimum of 5 years of actuarial modeling experience in valuation and projection in an open coding system
- Broad experience in Prophet is highly preferred; Prophet ALM modeling experience in ALS library is highly desired but not required
- Strong financial and financial modeling knowledge and experience
- Strong quantitative and analytics skills, including the ability to understand concepts and assess situations in a timely manner
- Knowledge of economic and risk based solvency regimes (e.g. Solvency II) and the latest developments in accounting principles e.g. IFRS 17 is a distinct advantage
- Strong project management and execution skills
- Broad understanding and relevant experience with Life and/or Annuity products
- ASA or FSA with 5+ years of actuarial experience is required, CFA a plus
- International experience is a plus
- Minimal travel may be required (< 5% of time)
130
Director & Actuary, Market Risk Resume Examples & Samples
- Oversight of Monitoring and reporting risk exposures in the business lines and provides guidance to senior management on risk triggers, limits and actions
- Prepares comprehensive risk requirements for key exposures, and develops a culture of independent risk oversight
- Oversight of development of quantitative metrics and systems , as appropriate, to quantify and measure interest rate risk
- Lead efforts with the USLI business and Investments to develop strategies to mitigate interest rate risk
- Will work with the USLI business and Investments to review interaction between interest rate risk and inflation risk
- Partners with the Market Risk Director to review and improve policies, best practices and governance
- Works with others on Market Risk Team to ensure effective risk management is in place at all times
- Acts as an independent review and evaluation body to ensure that risk management issues/concerns are being appropriately evaluated , investigated and resolved
- Collaborates with Internal Audit to foster open communication and transparency
- 10+ years business, risk or actuarial experience in progressively larger roles
- ASA designation
- In depth understanding and working knowledge of overall market trends and industry practices related to Life, Long Term Care, Annuity businesses
- Demonstrated leadership capabilities with ability to effectively work across multiple business lines
- Strong Communication skills, with the technical ability to challenge investment and actuarial professionals as well as the ability to convey risk exposure and requirements to business leadership
- In-depth knowledge of Asset/Liability Management
- In-depth knowledge of Capital Requirements, including Economic Capital, for life insurance companies
- Broad knowledge of pricing and valuation
131
Director, Actuary Resume Examples & Samples
- Lead New Product Development initiatives for the Pricing Team
- Supervise highly motivated and talented quantitative professionals to achieve aggressive business growth goals
- Provide timely, accurate and insightful analytics to facilitate confident decision-making and to achieve business goals
- Be an active participant in Prudential’s actuarial community
- Fellow of the Society of Actuaries (FSA) with 6+ years of strong actuarial experience (product development, pricing, valuation, GAAP/Stat reporting, financial modeling, asset-adequacy testing, asset/investment/hedging/risk modeling, etc)
- Prior mortality underwriting experience, pricing experience, or international product knowledge will be preferred
- Proven track record of being a strategic thinker, creative, innovative and execution focused
- Excellent communication skills, particularly in presenting results to executives
132
Group Risk Actuary Resume Examples & Samples
- Supporting the business in its desire to identify, measure, monitor, manage and report risks across the group
- You will work closely with senior management and our Finance team to review all aspects of risk management
- Support the Internal Model Application Process during 2017
- You will support the Risk Appetite process, proposing appropriate Early Warning Indicators (or Key Risk Indicators), Triggers and Limits and reporting mechanisms to the relevant committees and/or Boards
- Sustain the stress and scenario testing for the Group and input to the wider ORSA process including production of the annual ORSA report for Board approval
- You will support the development and production of the Actuarial Function Reports
- Support the business with Risk and Capital Assessments for new products, businesses and propositions
- This role reports to the Head of Enterprise Risk Management working within the Group Risk Function
- Monitor and report on all material risk events across the Group to the relevant Committees and Boards through the Consolidated Risk Report
- Support the Own Risk and Solvency Assessment process including the annual production of the ORSA report
- Occasional attendee of the Risk Management Committee, Group Asset & Liability Committee, Investment Committee, Reserving Committee and Group Risk Committee
- Manage risk reviews for UK departments and international business units on a quarterly basis reporting outputs to RMC and Group Risk Committee
- Support the Risk Management System, currently Covalent. Ensuring timely recording and reporting of all risk events for the Group
- Provide support and oversight of the risk management processes in the international business units
- Evidence of working with the UK regulator on stress and scenario testing, ICA, or similar regulatory submissions
- Good knowledge of Solvency II regulations
- Able to build open relationships and gain consensus with all internal stakeholders
- Ability to work independently and proactively as well as leading a team
- Able to multi-task contracts and projects, work under pressure and lead large complex projects
- Objective, timely and confident decision-making skills
- Attention to detail, with an analytical mindset
- Strong influencing and persuasion skills
- Ideally, the successful candidate will be a qualified accountant or actuary with ACCA / FIA status respectively (or equivalent risk qualifications)
133
Experienced Non-life Actuary Resume Examples & Samples
- A Master degree in Actuarial Sciences
- Minimum of 5 years’ experience, working in a non-life actuarial-oriented position within an insurance company or a consultancy firm
- A solid knowledge of non-life pricing, non-life reserving techniques, risk management and/or Solvency II
- An understanding of economic/market issues and the ability to interpret their impact on clients
- A strong team spirit, balanced by a healthy sense of autonomy
- Excellent communication skills, with fluency in Dutch and/or French and proficient level of business English
- A global mindset, and the drive to work in international teams!
134
VP & Actuary Resume Examples & Samples
- Performing quality reviews on each COR/ COD request to ensure paperwork is complete and required ancillary paperwork has been provided
- Serving as a primary contact for internal and external customer inquiries received via the phone inquiries with the goal of providing exceptional service. Monitoring the status and providing follow up communications to registered representatives as needed
- Working New Accounts folders, opening accounts, performance account maintenance etc
- Assisting the department’s supervisor with all processes, keeping the department current with industry standard changes
135
Dirictor & Assistant Actuary Resume Examples & Samples
- Provide leadership to positively influence not only this functional area but Commercial markets/Group benefits organization as a whole
- Own all risk analysis, pricing, and financial aspects of this approximately $450 million block of business. Develop pricing and underwriting strategies that balance financial discipline while promoting sales growth
- Lead pricing and risk assessment activities all aspects of these products. This role will provide the opportunity to interact with many different departments and influence product design/pricing outcomes to ensure appropriate risk/reward balance
- Develop/revise pricing tools used by actuaries and underwriters to improve pricing accuracy and efficiency. Establish and help implement underwriting guidelines
- Work effectively with the Compliance area to ensure that all state rate filing requirements are met and that The Hartford’s pricing practice is consistent with the regulations
- Support the development of the annual operating plan, including earned premium and incurred claims projections
- Own the pricing methodology and case-specific pricing of Retiree Life Buyouts across all segments
- Main products in scope for this role include: Group Life, Accidental Death & Dismemberment, Association Products, and several smaller product lines
- Career ASA or FSA with MAAA
- Minimum 5 years of relevant experience
- Experience with life insurance or group insurance products strongly preferred
- Strong leadership skills; ability to drive change with strong influencing skills. Negotiation skills to resolve differences while maintaining positive working relationships
- Effective communication skills with ability to boil down data into an effective actionable summary
- Independent thinking, proven track-record of influencing outcomes, and strong sense of ownership
- Proven ability to work independently
- Team player with strong collaboration skills; ability to build strong relationships across the organization
- Strong analytical and critical thinking skills, with thorough attention to detail
- NO AGENCIES PLEASE **
136
Actuary Level Resume Examples & Samples
- Leads project management support to senior management of Transamerica for large, complex projects, including those managing operational risks, and may lead a staff of Risk and Actuarial professionals
- Understands the methodology of liability modeling for all products of variable annuities including fund modeling methodology and attribution framework
- Leads the preparation and interpretation of new actuarial regulations such as IFRS 17, US GAAP, Solvency II and statutory regulations. Able to interpret complex guidelines into practical modeling framework
- Supports creation of system specifications, data governance, reporting framework and other actuarial aspects of software development
- Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace. Recommends appropriate reactions to these developments
- Provides guidance and advice regarding modeling methodology and new technology
- Serves as a key resource for completion of one or more major recurring projects during the course of the year
- May supervise a team of employees
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience
- In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience
- In lieu of FSA will accept ASA or equivalent professional designation and 12 years of relevant experience
- Excellent computer skills
- Programming and modeling skills
- Experience in variable annuity modeling,
- Experience with actuarial software ALFA/AXIS