Description:
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Position: Actuary
Job ID: 41020
Responsibilities:
· Develop, enhance, govern, and maintain asset and liability models for life insurance and annuity lines.
· Use modeling tools
o Valuation
o Corporate planning
o Investment analysis
o Cash flow testing
o Principle-based reserving
o Reinsurance
· Identify and support new use cases for actuarial models.
· Price, model, file, implement, and analyze the profitability of life and annuity products.
· Ensure compliance with state and federal regulations.
· Meet profitability objectives for new business.
· Manage Statutory, GAAP, and Tax valuation processes.
· Create or assist with actuarial financial reporting to support the finance department.
· Stay informed on valuation changes, including Principle-Based Reserves and Long Duration Targeted Improvements.
· Analyze inforce products and experience study results to recommend strategies that:
o Enhance product profitability
o Support new business sales
· Utilize traditional A/E studies, statistical analysis, and machine learning for insights.
· Drive innovation in risk selection and risk pricing.
Qualifications:
-ASA or FSA
-5+ years of experience
-->SALARY: 130-150k |