Actuary

Join to apply for the Actuary role at Synectics Inc. .

Responsibilities

• Build actuarial models for newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform


• Models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis


• Develop and maintain testing tools for new models


• Support assumption updates and impact quantification


• Support model production team in producing quarterly/monthly valuation results


• Follow and employ model development best practices, including:
  
  
  
  • Model design
  
  
  • Change management testing and governance
  
  
  • Documentation
  
  
  • Model validation
  
  
  • Adherence to SOX and Risk Management policies
  
  
  
  


• Support internal and external auditing activities as well as regulatory exams and inquiries, as needed

Qualifications

• Bachelor\'s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields


• FSA or established ASA with 4+ years of experience in the life and annuity insurance industry


• Solid experience with MG ALFA or other Actuarial Projection Software required


• Strong communication, technical and analytical skills


• Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings


• US GAAP valuation experience preferred


• Programming language such as Python or SQL a plus


• Ability to excel in a dynamic and fast-paced environment

Benefits

• Healthcare Insurance: Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full-time employment with Synectics. Premiums are subsidized by Synectics.


• Dental Insurance: Synectics offers eligible employees and their dependents a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full-time employment with Synectics.


• Vision Insurance: Synectics offers eligible employees vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full-time employment with Synectics.


• 401(k) Plan: The Synectics Inc. Investment Savings Retirement Plan. Synectics offers all employees who are 21 years of age or older the opportunity to invest in the 401(k) Plan on the first enrollment date that is at least 30 days after employment begins. Enrollment dates are each January 1st, April 1st, July 1st, and October 1st.


• Technical Certification Bonus: Synectics is pleased to award its employees a bonus of up to $500 for an approved professional certification. In determining the bonus amount, Synectics will consider the cost of the test for any certification relating to your current position, achieved during your employment with us. Only one Certification Bonus per calendar year may be awarded per employee. Only current, active employees will be eligible to receive this bonus. It will be awarded 90 days after the Synectics office has received documentation confirming the successful completion of the certification.


• Synectics is an equal opportunity employer.

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Accounting/Auditing and Finance

Industries

• Staffing and Recruiting

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