Description:
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Position: Actuary
Job ID: 41021
Responsibilities:
-involves planning and organizing both short- and long-term initiatives to meet organizational goals and staying informed on trends impacting the life insurance and annuity sectors.
· Develop, enhance, govern, and maintain asset and liability models for life insurance and annuities.
· Utilize modeling tools such as MG-ALFA for:
o Valuation
o Corporate planning
o Investment analysis
o Cash flow testing
o Principle-based reserving
o Reinsurance and other use cases
· Lead pricing, modeling, filing, implementation, profitability analysis, and assumption-setting for life and annuity products.
· Use pricing software effectively.
· Ensure compliance with state and federal regulations and meet profitability objectives for new products.
· Oversee Statutory, GAAP, and Tax valuation processes.
· Create or support actuarial financial reporting for the finance department.
· Stay informed on emerging valuation changes, including Principle-Based Reserves and Long Duration Targeted Improvements.
· Analyze inforce products and experience study results to recommend strategies for improving product profitability and supporting sales objectives.
· Apply traditional A/E studies, statistical analysis, and machine learning techniques.
· Drive innovation in risk selection and risk pricing methodologies.
Qualifications:
- FSA
-8+ years of experience
-->SALARY: 140-160k
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