Logo
Staff Financial Group

Associate Actuary

Staff Financial Group, Atlanta, Georgia, United States, 30383

Save Job

We are currently working on a search for an Associate Actuary for a Global Life Insurance Company.

This position can be 100% remote.

This position seeks to develop and apply theoretical principles and practical actuarial techniques. The Associate Actuary will operate with a high degree of autonomy and has full responsibility for the direction and completion of ongoing projects.

Profile Description

Responsible for calculating, analyzing and reporting actuarial balances for Annuity products under US GAAP, Statutory, and Tax accounting bases

Lead Long Duration Targeted Improvements (LDTI) project, which includes implementing and executing modeling and assumption updates and performing complex reporting and analysis

Own quarterly review of valuation results for the fixed and payout annuity block; this will include guiding more junior team members, identifying and resolving issues, reviewing and enhancing complementary analytics and communicating with management

Collaborate with business partners to perform and review valuation results

Apply and develop knowledge in specific actuarial procedures such as VM-22 and other regulations

Assist with onboarding of new Annuity blocks as a result of M&A activity

Coordinate, prepare and perform actuarial analysis to assist in the development of financial forecasts used in actuarial recommendations and reporting

Work closely with internal audit to identify process risks and develop and perform controls. Interact with external auditors to communicate process and control execution

Assist in preparation of actuarial response and communication of results of actuarial research to management areas. May assist in preparing actuarial portion of financial reports and responses to insurance regulators

Provide consultation and clarification on actuarial models and risk issues

Coordinate and contribute to completion of cash flow testing initiatives

Assist in driving forward modernization efforts for the Annuity block

Opportunities to lead cross-functional projects in Agile work environment

Qualifications

Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline

FSA or nearing FSA

5+ years finance, insurance industry, or actuarial experience

Strong oral and written communication skills

For immediate consideration, please submit your resume in confidence to Joanmarie Bolding, Managing Director of Recruiting at jmb@stafffinancial.com

Click here to apply online

#J-18808-Ljbffr