Actuarial Searches
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PARTIAL LISTING of CURRENT and PAST SEARCHES
(Please call for specific details on these and other unlisted search assignments)
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Risk Actuary
opening in
New York.
Review actuarial models being used by pricing and corporate disciplines;
provide reports on accuracy, efficiency and risk-comprehensiveness of
actuarial models reviewed; assist in the design and implementation of
quantitative models to be used in testing and benchmarking existing
actuarial models; help identify risks in company’s processes and provide
recommendations for improvement; review operational and quantitative
models. Ideal candidate is FSA or ASA with 5+ years of actuarial
experience, exposure to both pricing and valuation; familiarity with
both life insurance and annuity products, minimum of 2 years experience
designing and/or implementing stochastic models, minimum of 2 years
experience in operational risk management, experience writing reports
for use by senior management level, experience explaining complex
mathematical concepts using non-technical language and experience with
C++ and/or
Mathematica software preferred, with knowledge of stochastic calculus
fundamentals required. Salary $open. (PR6210) |
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P&C Actuarial Student opening in New Jersey.
Assist in the preparation of rate filings for various
lines of P&C insurance; prepare support exhibits, gather required review
data from internal reporting systems and other sources, prepare and
gather data for rate filing transmittal forms, locate relevant
competitor information, and assist in preparing responses to state
insurance department inquiries; interact with Underwriting Departments,
Compliance, Legal, IT, regulators, and outside consultants on a regular
basis to facilitate rate filing preparation and submission; assist in
developing and testing of pricing models/tools; update internal
benchmarking reports on a monthly basis. Ideal candidate has 1-2 years
of P&C actuarial experience, excellent verbal and written skills, must
be proficient with Microsoft Excel; working knowledge of Microsoft
Access, Sequel, VBA, and Cognos would be a plus. Salary $open. (PR6213) |
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Assistant
Finance Actuary opening in
Mid-Atlantic Region.
Support quarterly updated budget projections on a GAAP and Statutory
basis; assist in keeping the model current to assumptions; assist in
model verification; prepare assumptions for presentation to all required
parties and get signoff; assist in the analysis and communication of
budget projection results. ASA or FSA with familiarity with modeling
processes, spreadsheet expertise, organizational skills and an
accounting background desired, as well as computer system language
skills. Salary $open. (PR6211) |
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Senior Manager Life Actuarial Consultant opening in New York/Connecticut. Provide technical and analytical support in a consulting environment. Primarily responsible for producing and managing technically-oriented work across a number of practice areas, including statutory and GAAP reporting, mergers and acquisitions, embedded value, and financial projections; be involved in market and technical research, data resource and tool development, recruiting, training, and strategic planning. Ideal candidate is ASA or FSA with 10-15 years of experience in an insurance company or consulting environment, general knowledge of life and annuity products, proficiency using computer software such as Excel, Word, and Access, familiarity with life insurance reserve calculation requirements and mechanics, experience with actuarial projection system. Salary $open. (PR6193) |
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P&C Reinsurance Actuary opening in Bermuda. Capital Modeling plus reinsurance pricing of traditional and structured accounts, including risk transfer testing, liaising with accounting, external auditors, etc., dealing with brokers; design process for non-cat accumulations across various offices; liaise between business units and group risk management on capital model parameterizations; enhance business planning process to better tie with capital model process; assist in enhancement with technical reserving process as well as with Solvency II support. Reinsurance experience is required. Ideal candidate is ACAS, FCAS, FCIA or near FCIA with 5-12 years of experience, including reinsurance experience in pricing and/or capital modeling. Salary up to $200’s plus bonus plus FREE HOUSING. (PR6192) |
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Head of Catastrophe Management opening in
New York. Responsible for the management and coordination of
global modeling initiative and corresponding operating budget. The role
will involve substantial interaction and resource sharing with
Underwriting, Actuarial, Systems and other departments within the
organization on an ad hoc basis. Heavily weighted towards Property, the
role also includes responsibility for the modeling of other lines such
as Marine, Offshore Energy,
Workers Compensation,
Terrorism, A&H, etc. Responsible for implementing a program structured
so as to improve existing human, hardware and software infrastructures.
Initial phases will include working closely with IT on design and
development of a SQL tool which will automate combining various exposure
curves from well known vendor models including subsequent report design.
In addition, the successful candidate will be expected to assess
existing technical capabilities of the team before implementing suitable
training programs where
required, aggregating global corporate exposures as well as providing
underwriters and management with timely information which will allow
them to facilitate corporate optimization and economic capital goals.
Ideal candidate will have 8+ years of cat modeling experience, including
extensive management of cat modelers. Working knowledge of at least two
of the three main catastrophe models will be an advantage. International
experience a plus as is managing off-site cat teams. Salary $200’s plus
bonus. (PR6191)
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P&C Actuary
opening in
New England.
Measure and monitor claim outcomes consistently across various
commercial market business and claim segments relative to benchmarks,
assisting Claims Operation as needed; analyze drivers of loss trends and
deviations from expectations, taking advantage of detailed claims data
available internally; assist claims in development and implementation of
new programs, products, systems, and tools and related monitoring of
and improvements to such programs, products, systems, and tools,
incorporating actuarial analyses and predictive modeling into such work
as appropriate; facilitate knowledge sharing between the various Claims
and Actuarial groups so that this knowledge can be used to improve
pricing, reserving, operations, and financials; assess claim handling
costs and using that information to help in pricing, reserving, and
improving efficiencies; manage a small staff of actuarial analysts
and/or business analysts. Ideal candidate will be FCAS with 5+ years of
commercial lines experience, ideally including claims exposure; ability
to work effectively with multiple management teams on complex business
issues; strong analytical skills with solid understanding of actuarial
techniques, insurance operations, and claims operations; ability to
interpret results and make recommendations based on findings; strong
statistical background desirable. Salary $open. (PR6190)
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Health
Actuary opening in Georgia.
Responsible for actuarial oversight of pricing, reserving,
medical trend analysis, provider contracting support, and product
development support for Group products (Small Group and Large Group);
lead a team of 3 analysts; work closely with the Individual Actuarial
team that handles pricing for Individual products; develop and maintain
a strong partnership with healthplan business leaders, in particular,
strong relationships will be needed with the healthplan CEO, CFO, Sales
leads, Contracting leads, and Product Development leads; develop and
maintain a strong partnership with the Underwriting team; help drive
methodology improvements that build and maintain rating & trend analysis
models and conducts larger-scale actuarial studies; responsible for all
regulatory submissions (rate filings, etc.); submit few Medicare bids
(1-2 per year), working closely with an internal Medicare actuarial team
that provides support/guidance. Candidate must be ASA or FSA with 6+
years of relevant health experience and management experience. Salary
$open. (PR6189)
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Chief
Actuary opening California.
Responsible for the actuarial function of the Company, reporting
to the CFO; develop, maintain and improve actuarial systems to support
the analysis of Workers Compensation rates and losses; provide executive
management recommendations regarding rates and reserve adequacy, as well
as identify emerging trends; communicate and work with actuarial and
financial personnel of the Company’s affiliates and parent; develop and
maintain actuarial reporting systems; develop and prepare periodic
management reports; prepare quarterly regulatory loss reports, including
loss projections and reserve adequacy; prepare rate analysis, including
rate adequacy and legislation impact on rates and rate filings; document
and maintain actuarial procedures and work-papers; develop and maintain
appropriate controls to maintain data integrity. Bachelors degree in
Mathematics/Statistics, successful completion of at least 3 actuarial
examinations, minimum 2 years of experience in Worker’s Compensation.
Salary $open. (PR6084) |
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P&C
Reinsurance Actuary opening in New
York. Provide actuarial services to clients and prospects:
account evaluation, development of actuarial tools and parameter
assumptions; support brokers in providing customer service; provide
actuarial analysis to develop loss model for client business, estimate
reinsurance pricing, and determine effect of reinsurance; help to guide
and peer review junior actuaries’ work; assist brokers and senior
actuaries in designing program structures to meet client needs; explain
analyses in clear terms appropriate to the audience; help to maintain
pricing templates and parameters; identify opportunities for new tools
that will streamline workflow and enhance product offerings and client
service; identify opportunities to answer practical business questions
through in-depth studies and development of innovative methods; assist
senior actuaries in conducting research. Bachelor’s degree in
mathematics or related technical field, advanced degree a plus, 3-8
years’ experience in actuarial work, reinsurance pricing experience a
plus and 5-8 CAS exams. Salary $open. (PR6183) |
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Health
Actuary opening in
New Jersey. Responsible
for all the Actuarial work (pricing, rate |
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Senior ERM
Actuary to lead ERM consulting practice – Ideal location will be
New York City but open to other locations as
well. Must have client
presence and be very knowledgeable in Enterprise Risk Management
and Economic Capital Modelling. Open to various credentials –
Actuarial or non-actuarial. Salary $open. (PR6185) |
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Derivatives Financial Engineer opening in
New York.
Write
specifications for vanilla and exotic Derivative products; work in
conjunction with clients to specify new functionality; work as liaison
between Customers and Internal teams (Sales, Quantitative Research,
Quantitative Development, and Integration Development); design and
perform testing on models (calibration and pricing) using Excel/VBA,
Toolkit (C/C++), and Portfolio (C#), and testing on model Greeks using
Monte Carlo, etc.; design and perform QA testing on products; identify
new business opportunities in the derivatives analytics space;
create/maintain Excel templates based on Application Engine as Excel
Add-in; provide consulting and professional services for clients using
products for integrated/independent pricing and risk analytics system.
Ideal candidate will have Masters degree in Mathematics, Finance,
Financial Engineering, Computer Science, or related field, 2 years of
experience with Excel and VBA, C/C++/C# programming languages; knowledge
of the following: derivative pricing models for both vanilla and exotic
derivatives; risk management techniques including parametric,
historical, and Monte Carlo VaR, credit exposure, etc.; financial
mathematics skills, including stochastic calculus, numerical methods for
PDE, numerical linear algebra, real analysis and probability, Monte
Carlo method, and time series analysis; and financial modeling,
financial mathematics, or quantitative/engineering related research.
Salary $open. (PR6156) |
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P&C Reinsurance Actuarial opening in
Illinois.
Responsible for pricing
reinsurance treaties and creating the parameters needed to price
business; work closely with underwriting to support account pricing;
prepare annual parameter updates
for pricing models; update pricing models with revised parameters as
appropriate; assist in testing for a new pricing tool currently in
development; assist with various actuarially-related projects and
studies as needed. Ideal candidate is near ACAS or ACAS with 5-10 years
of P&C pricing experience; professional liability pricing experience is
preferred; exposure to reinsurance a plus, strong background in
statistical analysis also a plus.
Salary $open. (PR6155) |
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Associate Actuary opening on
East Coast.
Perform valuation and financial reporting duties as well as
pricing and product support for International Employee Benefits product
lines; perform monthly and quarterly reserve calculations; conduct
regular reviews of valuation and assumptions and methodology; maintain
and enhance pricing tools and conduct regular pricing studies; prepare
profit and product reports with summary findings to senior management;
complete other ad hoc projects as assigned. Ideal candidate will be ASA
to near FSA with 5 years of group medical, life, and/or disability
valuation, financial reporting, and pricing experience; experience/
aptitude in international markets preferred but not required; ability to
analyze data and propose recommendations to senior management as needed.
Salary $open. (PR6154) |
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Assistant Actuary opening on
East Coast.
Design and execute studies on mortality, lapse and morbidity experience
for life, annuity, and
health portfolio for Latin America and the Middle East; design and
execute experience studies; strengthen experience study methods; compile
Sarbanes Oxley control evidences for experience studies; collaborate
with local actuaries to review and strengthen methodology for experience
studies carried out locally. Ideal candidate is ASA to near FSA with at
least 5 years actuarial experience and experience with valuation and/or
experience study systems (Polysystems or Prophet experience a plus);
strong programming skills, preferably including experience with SAS and
Microsoft SQL server or other database. Salary $open. (PR6153) |
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Financial
Actuary opening in
Southeast.
Serve on a team responsible for:
Embedded Value Analysis; Cash Flow Testing; VOBA/DAC Recoverability
Test. Update existing valuation/projection models; build models for
valuation/projection for incoming new business. The unit also assists in
other actuarial activities associated with Statutory, Tax, GAAP and IFRS
valuation. Ideal candidate will be ASA or near FSA with experience
managing projects; experience mentoring and developing associates;
demonstrated ability to understand broader picture and impact of
decisions; proven leadership skills and ability to make strategic
decisions; identify and communicate data quality issues in
client-provided inforce extracts and reserving information. Salary
$open. (PR6145) |
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Catastrophe
Modeling Assistant opening in
New York.
Help maintain upkeep of catastrophe modeling databases through
programming and software application.
Specific responsibilities include: Maintain and upgrade RMS
and/or AIR catastrophe model databases; update scripts to facilitate
data transfers and data reconciliations; gather and interpret
information from the brokers and underwriters, enter and format the data
into the catastrophe modeling software; prepare treaty
catastrophe-modeling analyses to the underwriters and brokers; monitor
catastrophe exposures to meet corporate capacity guidelines and perform
quarterly gross and net PML studies to provide to management; utilize
RMS model to review catastrophe reinsurance structures and communicate
catastrophe risk issues with the underwriting teams and management.
Ideal candidate will have a BS in Physics, Mathematics, Statistics,
Computer programming, Actuarial Science, or related field; interest in
pursuing actuarial exams a plus. Proficient in Microsoft Word, Excel,
Access, and relational; databases such as SQL Server; background
experience writing code in SQL and Visual Basic; strong analytical
skills; familiarity of the
insurance/reinsurance industry; basic knowledge and understanding of
catastrophe modeling tools and techniques; Experience with RMS RiskLink
or AIR Catrader preferred, but not required; Salary $open. (PR6144) |
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Annuity
Pricing Actuary opening in
New York. Responsible for pricing and rate
setting for direct annuity business as well as pricing reinsurance
opportunities for fixed and variable deferred annuities including GMxB
provisions; help develop and maintain strong client relationships;
oversee the smooth transition of acquired blocks of business into
pricing portfolio; develop and maintain asset/liability models for
pricing and rate setting projects; participate in periodic rate-setting;
recommend option purchases to match assets and liabilities; validate
pricing of quoted options; analyze client experience and recommend
pricing assumptions for annuity reinsurance opportunities; price,
structure and negotiate reinsurance terms and conditions and prepare
reinsurance proposals; contribute required financial input to the
corporate model. Ideal candidate will be ASA or FSA with a minimum of
10+ years of experience in the insurance/reinsurance industry with
exposure to annuity pricing, new business acquisition processes and
profitability analysis, minimum of 5+ years supervisory experience,
reinsurance experience preferred. Knowledge of stochastic modeling and
option pricing techniques is preferred, proficiency in actuarial
modeling platforms such as AXIS, MOSES, and MG-ALFA and a working
knowledge of general software products typically used in actuarial
reporting, including worksheet and database techniques. Knowledge of
Mathematica and C++ is preferred. Salary
$open. (PR6143). |
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Chief
Actuary opening in Arizona.
Direct
actuarial analysis for reserve valuation, pricing, dividends, product
management & development, reinsurance and enterprise risk management;
provide decision support using analytical tools for financial modeling
and dynamic financial analysis. Ideal candidate will be ACAS or
FCAS with in-depth Workers Compensation experience; senior communication
skills; strong experience with information technology systems and the
ability to think and act strategically. Salary $open. (PR6142) |
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Economic Capital/ERM Quant opening in
New Jersey. Support
Enterprise Risk Management and Economic Capital Modeling (and possibly
also reinsurance pricing). Must be well-versed in actuarial and
financial modeling and adept at Excel, with experience in Monte Carlo
simulation, common loss distributions, copulas and other correlation
algorithms, as well as and property casualty financial statements;
exposure to the dynamics of modeling asset and credit risk; and
knowledge of property casualty reinsurance, specifically casualty lines
including D&O, E&O, Umbrella and Excess Casualty. Ideal candidate will
also have knowledge of cat models and property pricing; non-standard
auto, surety, trade credit and/or political risk a plus. Open
to actuary or non-actuary. Total compensation up to $300'sk.
(PR6134)
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Defined
Contribution Manager opening in
New Jersey. Ideal candidate will have managed Defined
Contribution (401k, money purchase, profit sharing, etc.) business for
the small plan market. Knowledge of Defined Benefit plans a plus.
Salary $open. (PR6138) |
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Predictive
Modeling position opening in Ohio.
Candidate will develop predictive modeling for Property &
Casualty Personal Lines and Commercial lines of business. Ideal
candidate will have strong
statistical background, advanced degree, and knowledge of SAS and/or
Emblem. Open to Actuarial and Non-Actuarial
candidates. Salary $open. (PR6137) |
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Enrolled
Actuary opening in
Upstate New York.
Assume primary responsibility for the delivery of actuarial consulting
services for a number of different clients. Responsible for the
profitability of assigned clients. Assume primary responsibility for the
training of actuarial staff. Assume some responsibility for marketing
and practice development. Enrolled Actuary credentials required, ASA or
FSA designation a plus. Must have a thorough and broad understanding of
ERISA, the Internal Revenue Code and applicable regulations as they
pertain to retirement plans; familiarity with health and welfare plans
especially FAS 106, GAS 45, Medicare Part D, Article 47 and general
reserving methods preferred; experience with computer programming and/or
data manipulation preferred (preferably Excel, Visual Basic, Access and
Fortran); health and retirement benefit experience preferred. Salary
$open. (PR6136) |
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Senior International Pricing Actuary opening in
Southeast. Develop,
implement, and assess life and/or health reinsurance pricing standards;
improve timeliness and quality of
pricing processes, including peer review processes; provide pricing
review support and assurance of compliance with pricing processes and
proper communication and documentation of pricing efforts; establish,
develop and implement baseline pricing assumptions for key
products/markets; review and approve contractual language regarding
reinsurance deal terms and rates; provide feedback to pricing actuaries
and business line leaders regarding pricing processes; assist in design
of creative reinsurance solutions for unusual business situations;
assure that proper data is requested from clients to properly assess
experience of products/deals; work with valuation, contracts and
administration to assure that new business opportunities are properly
understood so that they can be properly managed. Ideal candidate will be
FSA with 10+ year experience including 5+ years pricing experience with
life or health products; 3+ years reinsurance experience and/or
international experience highly
desirable; management experience is essential. Salary $open. (PR6133) |
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Senior Reserving & Special Projects Actuary opening in
New York/New Jersey. Manage
reserving special projects, provide guidance and peer review for
reserving actuaries; reserving special projects (completing individual
projects and managing group projects); collaborate and provide actuarial
resource on cross-department projects; provide guidance to reserving
actuaries and peer review analyses performed by Reserving actuaries;
liaise with Pricing Actuaries, IT, Finance, and Underwriting
Departments. Ideal candidate is FCAS (or ACAS) with 8+ years of
actuarial experience, including 4+ years of reserving experience,
supervisory experience across projects and/or direct reports, Excel
(advanced spreadsheet knowledge, formulas, pivot tables, etc), Word, and
PowerPoint, strong understanding of the insurance and reinsurance
marketplace and insurance industry cycle, and knowledge of MS Access.
Salary up to $170’s + bonus. (PR6135) |
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Senior
Pricing Actuary opening in
Toronto,
Canada.
Exciting role as sole actuary in company’s Canadian operations.
Responsibilities include: pricing model maintenance and development,
price monitoring, individual account pricing support (Casualty, Energy,
Directors & Officers, Professional Liability, Global Property, & Program
business), participation on underwriting audits, and all other actuarial
support specific to the needs of the Canadian underwriting operation;
work closely with the underwriting departments. Ideal candidate will be
FCAS/FCIA (or-soon-to be FCAS/FCIA) with 7+ years of actuarial
experience, have very strong communication and interpersonal skills,
have great attention to technical detail, be highly productive, and
well-organized, and have pricing experience across various lines of P&C
Commercial Casualty business. Strong Excel and Word skills are required;
other computer skills are a plus. Salary $open. (PR6124) |
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Modeling Actuary opening in
Illinois.
Research and develop a range of topics including actuarial
support for loss cost/rule filings, DOI communication and negotiation,
and project management. Ideal candidate will be an ACAS or FCAS with a
minimum of 3 years of pricing experience in property/casualty insurance
and knowledge of predictive modeling software and techniques, rating
plan development, competitive analysis, current industry pricing
initiatives, and actuarial use of catastrophe model output. Experience
in commercial lines of business is preferred. Salary $open. (PR6122) |
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Manager of
Personal Lines Product Analysis opening in
New England.
Supervise 5-7 analysts; manage programs, initiatives, products, UW
rules, guidelines and procedures for product line in order to meet state
specific objectives and profitability targets; analyze and recommend
state reviews, competitor landscape, profitability, growth and segment
level analysis; review key state metrics; recommend, develop, and
implement solutions; demonstrate expertise in state specific rating/
underwriting limitations and opportunities. Candidate must have 7+ years
of experience, including 2 to 3 years of managerial experience,
including talent management, project management, process improvement,
ability to influence Senior Management, technical knowledge of personal
lines coverage, manuals and inter-departmental responsibilities. Salary
$open. (PR6121) |
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Predictive Modeling Researcher opening in
New England.
Drive
home product/pricing improvements across: idea generation, business case
development, project development, implementation, & testing measures of
success; utilize quantitative skills to analyze and summarize business
relationships via data, formulate findings and provide recommendations;
communicate written and verbally with senior management regarding
research; advance tools and approaches to business problems through
statistical analysis and predictive modeling; assist others with
conducting business research by gathering data, identifying options,
performing cost-benefits analyses, and creating non-routine reports with
detailed analysis; Candidate must have Bachelor's degree in Mathematics,
Statistics, Finance, Economics, Insurance, or related major (Masters
degree preferred); 2 to 8 years of related experience; knowledge of SAS
or R preferred. Salary $open.
(PR6119) |
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Actuarial
Analyst opening in
New England.
Perform personal lines pricing; assist in the preparation of actuarial
support for rate filings; assist in the preparation of special reports
and studies; provide technical assistance and information to other
departments; assist in the creation and maintenance of computer software
and data. Must have 3+ recent CAS exams and 2+ years of recent personal
lines pricing experience. Salary $open. (PR6118) |
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Associate
Actuary opening on
East Coast.
Review all Sarbanes-Oxley controls, enhance process, and respond to
management testing; review all spreadsheets for conformity to standards
and assist in the remediation/elimination of the same; conduct review of
all estimation processes. Ideal candidate will be FSA with background in
accounting, extensive spreadsheet and system language, 5 years relevant
experience in life insurance valuation, financial reporting, and
knowledge of US statutory reporting. Salary $ open. (PR6105) |
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Actuarial Trainees through FCAS openings in
India. Responsibilities include: pricing, reserving, catastrophe
modeling, capital modeling, etc. Will consider trainee with minimum of 1
recent actuarial examination passed through recent FCAS (or any
international actuarial equivalency) with P&C experience. Salary $open.
(PR6115) |
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Economic Capital Actuary or Modeller opening in
Israel.
Responsibilities include building risk models for life and/or health
insurance. Statistical background a plus. Salary $open. (PR6114) |
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Actuarial openings in
Israel for
life and/or health actuaries with 4+ years of life and/or health pricing
or reserving experience. Knowledge of Hebrew a plus. Salary $open.
(PR6113) |
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Life Consulting Actuary positions in
New York City
to work on a variety of projects including: reserving, pricing, ERM,
ALM, etc. Ideal candidate is near ASA through FSA with 2+ years of
relevant experience. Knowledge of Axis a plus. Salary $open. (PR6112) |
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Assistant Actuary opening in New
York.
Responsible for life insurance product pricing efforts and financial
analysis; play integral role in the product development effort; be
involved in all aspects of getting the product to market from defining
the product conceptually through pricing the product and ultimately the
product’s introduction; work closely with numerous areas throughout the
company, especially product managers, systems development/support teams,
marketing personnel, field directors, and filing team; be involved with
inforce management and analysis; be
exposed to a wide variety of life initiatives; responsible for
supervising at least one direct report. FSA with minimum of 10 years
applicable experience, life product development experience, strong
communication skills, both written and verbal, strong technical and
analytical skills. Good modeling skills desirable with PTS/Prophet
knowledge. Salary $open., (PR6111) |
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Assistant Life Actuary opening on
East Coast.
Establish standardized worksheets and assist in the manipulation of data
from actuaries into the spreadsheets for FAS 60 products; complete all
Sarbanes-Oxley controls; coordinate all accounting entries; assist in
measurement of current lapse rates for coordination into the budget
process of STAT and GAAP projections; assist in regression testing.
Ideal candidate is ASA with Life or A&H experience, exposure to FAS 60
products and advanced standardized spreadsheet experience. Salary $open.
(PR6109) |
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International Financial Actuary opening on
East Coast.
Support financial reporting in regard to GAAP financial statements,
actuarial opinions, professional standards, and regulatory compliance;
review and recommend appropriate methodologies and assumptions for new
products and special product features; oversee implementation; perform
recoverability analysis; review and analyze expense and revenue
deferrals; insure the integrity of the valuation process and results
produced; provide an actuarial resource to regional and local offices;
review and analyze actuarial models for financial projections,
profitability analysis, asset and liability analysis and economic
capital analysis; propose recommendations to improve the financial
reporting process for the region; monitor developments in regulatory
requirements and changes in actuarial standards and develop plans for
implementation; maintain process documentation as required under
Sarbanes-Oxley; ensure performance and documentation of controls. Ideal
candidate is FSA with 10+ years of relevant experience in life insurance
valuation and financial modeling; minimum of 5 years FAS60 and FAS97
GAAP valuation experience; strong analytic, organizational, and planning
skills; good communication and interpersonal skills; and prior
managerial experience. Polysystems, SAS, Prophet, or MG-ALFA or other
modeling software knowledge a plus. Salary $open. (PR6106) |
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Catastrophe
Modeling Manager opening in New
York. Manage staff of 3-4 in maintaining
the
upkeep of catastrophe modeling databases through programming and
software application; manage and/or maintain RMS and/or AIR catastrophe
model databases; write (or update) scripts to facilitate data transfers
and data reconciliations; gather and interpret information from the
brokers and underwriters, enter and format the data into the catastrophe
modeling software; prepare treaty catastrophe-modeling analyses to the
underwriters and brokers; monitor catastrophe exposures to meet
corporate capacity guidelines and perform quarterly gross and net PML
studies to provide to management; utilize RMS model to review
catastrophe reinsurance structures and strategies and provide results to
the Dynamic Financial Analysis team to support reinsurance placements;
effectively communicate catastrophe risk issues with the underwriting
teams and management. Ideal candidate will have 3+ years of catastrophe
modeling experience including management of staff. Salary $open.
(PR6098) |
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Associate Actuary opening in
Connecticut.
Responsible for the creation and
analysis of individual annuity experience studies and the recommendation
of appropriate assumptions; support the scheduling of experience studies
and perform required calculations and analyses; implement and develop
work plans relating to control, compliance and actuarial risk assessment
initiatives; establish methods to improve the experience study process
and to organize formal documentation; gain understanding of actuarial
risks and trends associated with individual annuities and building
reports; maintain valid data
and performance studies; assist with documentation and peer review of
models, formulas and study results.
Ideal candidate will be ASA with a minimum of
3-5 years of overall actuarial related experience, knowledge of the
individual annuity product line and advanced experience in MS Excel, MS
Access. Salary $open. (PR6096) |
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Vice President & Actuary opening in New
York City. Administer
quarterly and monthly reserving process; maintain and monitor actuarial
database; report Embedded Value (EEV)/Risk Based Capital (RBC); work
closely and actively assist deal management in runoff of disability,
annuities and workers compensation portfolios; work with other members
of the team (underwriting, accounting, planning, finance, legal, tax
staff and rating agency contacts and reserving actuaries) to analyze,
inform and defend appropriate reserves for disability and annuities
transactions; recommend solutions to reserving, underwriting, valuation,
income projection or liquidity problems for life transactions;
contribute improvements to reserve methodologies: maintain a broad
academic and practical knowledge of current issues in business and
finance, with the goal of improving reporting. Open to either FSA, ASA,
FCAS or ACAS with reserving experience and strong database skills,
especially SAS. Salary $open. (PR6094) |
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P&C Reserving Actuary opening in
Ohio.
Estimate required loss and loss adjustment expense
reserves for commercial and personal lines; supervise a staff of two (2)
reserving analysts; estimate the volatility of company loss and loss
adjustment expense reserves for financial reports and enterprise risk
analysis applications; ensure that company financial reports and SEC
disclosures provide accurate information on loss and loss adjustment
expense reserves; ensure that company reserve analyses comply with all
legal, regulatory, and professional requirements. Ideal candidate
will be
FCAS or near-FCAS with 7+ years of actuarial experience including 3+
years of commercial lines reserving experience; stochastic modeling
experience (reserving, predictive modeling, or other), experience
working with ICRFS-Plus, and/or some reinsurance experience ideal.
Salary $open. (PR6088) |
|
P&C Actuary Assistant opening in
Florida. Involved in
ratemaking, building rate review function, predictive modeling, and
quarterly reserving. Ideal candidate will have 4+ years of experience,
6+ exams and experience in commercial lines. Salary $open. (PR6086) |
|
Senior Pricing Actuary opening in
Connecticut/New York.
Oversee pricing of commercial lines. Ideal candidate will be ACAS or
FCAS with 10+ years experience in pricing multiple commercial lines and
have high energy level and strong communication skills. Salary $open.
(PR6085) |
|
Insurance Investment Analyst or Associate opening in
New
York.
Support the Global Insurance Strategy team in the build-out of
Insurance solutions/advisory business; assist strategy team in
quantitative analysis and client execution of insurance solutions;
assist in preparation of analysis of specific client’s profiles with
respect to financial metrics, risk, regulatory and rating agency
considerations, support performing peer analysis and other on-going
research for client presentations and thought leadership; support
company specific analysis with respect to financials, rating agency and
analyst views; provide support for proposals, requests for additional
information and client sales and finals meetings; provide on-going
client support materials such as peer analysis and alerts on regulatory
and rating agency changes; support quantitative analysis of insurer
specific optimal investment strategy, strategic asset allocation, and
ALM process; become knowledgeable of the insurance industry globally;
provide support for research papers and conference presentations. Ideal
candidate must have degree from top tier University; Analyst/Associate
level based on experience of 0-3 years of financial services experience;
strong communication and presentation skills a must; quantitative,
finance, accounting and or actuarial experience ideal. Salary $open.
(PR6079) |
|
Temporary
Assignments for Life Actuary – two (2) 18-24 month assignments in
Connecticut.
(1) Assist in the
conversion of UL, VUL and COLI/BOLI actuarial models to the AXIS
software platform. (2) Assist
in the conversion of term and traditional participating life actuarial
models to the AXIS software platform. Responsibilities of both
positions: Build models, compare results from the new system to results
from existing models and investigate and explain the source of any and
all differences; document models and key decisions made in building the
models; assist in similar work for the UL/VUL or DI/LTC blocks of
business as needed by the business.
Ideal candidate is an ASA or FSA with 5+ years of actuarial
experience in the valuation of life insurance products; proven
experience in software conversion and modeling life insurance required;
strong computer skills including Excel and database software such as
Access and/or SQL Server; experience using AXIS, TAS, ALFA, MOSES,
Triton or other similar actuarial modeling systems is also
required. Must be authorized to work in the United States without
sponsorship. Success in the
role could lead to a more permanent opportunity upon mutual interest.
Salary $open. (1-PR6077)(2-PR6078) |
|
P&C
Predictive Modeling Actuary opening in Greater
Washington, DC area.
Responsibilities include: perform SAS data manipulation and analysis
programming; develop predictive models using multiple statistical
techniques; provide technical and actuarial design assistance; provide
support and assistance for the implementation of predictive models;
provide support in reserve analyses, including Statements of Actuarial
Opinion, pricing, mergers and acquisitions, and audit support. Ideal
candidate will have several CAS exams passed, 3-7 years of data mining
and predictive modeling/generalized linear modeling (GLM) experience, as
well as extensive knowledge of tools for data mining and statistics
(SAS, SPSS, MATLAB). Must be United States Citizen. Salary $open.
(PR6076). |
|
P&C
Actuarial opening in Taiwan.
Responsibilities involve: pricing and reserving for personal and
commercial lines insurance. Open to candidates with 2-3 years of P&C
actuarial experience through new FCAS. Salary $open. (PR6074) |
|
Lead P&C
Actuary for top tier organization seeking first actuary in
Johannesburg, South Africa.
Responsibilities will involve pricing and reserving for personal,
commercial, and A&H lines for Africa and South Africa. Ideal candidate
will be FCAS, FIAA, FIA or equivalent designation with minimum of 5+
years of relevant actuarial experience. Salary $open. (PR6075) |
|
Accident &
Health Reinsurance Actuary opening in
Fairfield,
Connecticut
or
New York City (Your Choice).
Review A&H reinsurance plans and calculates premiums in accordance with
internal profitability requirements; ascertain premium rates required to
ensure adequacy of terms and conditions; present and defend rate
indications to company underwriters; document methods used for pricing
and pricing recommendations; monitor performance of priced treaties;
research and develop new rating methods and data sources to enhance the
accuracy of actuarial pricing tools; develop and maintain computer
rating models to maximize the efficiency of the pricing process; assist
with quarterly reserve reviews; prepare and presents information to
assist senior management in setting quarterly loss reserve amounts;
responsible for organizing and documenting reserve process and
calculating IBNR reserves; participate in development of improved
reserving processes and management information; recommend reserves and
evaluate variances; provide support to other departments, including
underwriting, claims, risk management and accounting on actuarial
related issues; assist with Sarbanes Oxley compliance; participate in
generating actuarial-focused sections of financial reports on both
quarterly and annual basis. Ideal candidate is ASA or FSA with
experience in employer stop loss or excess major medical; reinsurance
experience a plus. Salary $open. (PR6071) |
|
P&C Risk Modeler opening in
New Jersey/Pennsylvania. Build and maintain actuarial models. Develop and enhance complex
methodologies including R&D, collaboration with external consultants and
use and vetting of external tools; monitor and manage risks as well as
define capital needs and prices for the risks; participate in
reinsurance pricing and special actuarial projects. Ideal candidate will
have 5+ years of actuarial experience in property casualty
insurance/reinsurance including 1+ years of Risk Modeling experience;
experience in financials with strong comprehension of financial impact
and statistical experience a plus; actuarial designation preferred;
strong software skills (including Excel and Access) a must. Salary
$open. (PR6072) |
|
Lead Workers Compensation Actuary opening in
New England. Provide
analytical and business leadership of initiatives, projects and teams;
develop and execute analytical strategy; understand and develop
complex analytics, such as
pro-forma profit statements and econometric models; build diverse
business relationships with actuarial and non-actuarial partners;
develop staff performance goals, and ongoing coaching of staff;
contribute to Enterprise-wide initiatives, such as: Return on Equity
modeling; Catastrophe Analysis & Risk Load Methodology; Enterprise Risk
Management. Ideal candidate
is FCAS with 10+ years of commercial lines actuarial or product
management experience; WC experience preferred but not required. Salary
$open. (PR6073) |
|
Senior
Managing Actuary opening in New
York.
Perform advanced actuarial analysis in the following
areas: valuation/reserving, pricing, product development,
research/support, business planning and finance for international P&C
lines of business; review and coordinate rate and pricing levels to
ensure consistency with overall business group or company goals; provide
consultation to senior managers and underwriting staff on actuarial,
financial, and business planning; manage or participate in projects
designed to improve the quality of information, analysis, and reserving;
manage and direct
students and analysts. FCAS or near FCAS designation
preferred with 10+ years of progressively
responsible experience, including supervisory experience, knowledge of
underwriting concepts including company/agency relationships' importance
to the business success. Salary $open. (PR6069) |
|
P&C
Assistant Actuary opening in
Bermuda. Support
quarterly and annual reserve reviews, capital modeling, M&A due
diligence, assuring data integrity and consistency company-wide,
assisting in development of actuarial data/methods for reserving various
significant categories of claims exposure, and preparation of required
actuarial information for disclosure in 10Q, 10K, and other public
filings. Ideal candidate will be near ACAS (minimum 4-5 CAS exams)
through new FCAS with 5+ years experience in reserving; experience with
reinsurance, latent-claims and the UK / London Market would be an asset;
excellent analytical, actuarial and presentation skills together with
advanced PC spreadsheet skills. Salary $open. (PR6065) |
|
P&C Rating
Advisory Analyst in
New York. Work with reinsurance companies to improve their rating
structures via reinsurance. Ideal candidate will have P&C rating agency
insurance experience from AM Best, Moody’s, or S&P, etc. as well as
strong analytical and mathematical skills. Actuarial experience is a
plus but not necessary. Salary $open. (PR6053) |
|
Vice President or Director opening for Life Reinsurance Actuary in Investment Bank in New York City. Originate and structure life insurance financing programs, including XXX/AXXX securitizations, embedded value programs and specialized mortality catastrophe programs. Develop innovative reinsurance structures to enhance capital market products. Serve advisory role on several corporate acquisitions and divestitures. Ideal candidate is ASA or FSA with reinsurance and capital markets experience. Salary $open. (PR6052) |
|
Investment
Banking Associate or Vice President opening in
New York.
Support portfolio managers in supervision of complex client portfolios,
including strategic and implementation issues, investment
manager/vehicle selection and oversight, risk/performance management and
evaluation, asset transfers and research on investment management
products; assist portfolio managers proposing new strategies that
enhance portfolio characteristics; support developing materials for new
prospects such as presentation books, request for proposals and
additional analysis, production and distribution of client reporting to
existing clients; work closely with other areas of the firm including
the investment managers, product management, client services, fund
accounting/controllers,
operations and technology. Ideal candidate will have minimum of 3 years
of related experience and a Bachelor’s degree or equivalent with an
emphasis on pursing additional appropriate professional investment
qualifications (CFA and/or MBA). Salary $open. (PR6051) |
|
Actuarial
Pricing Manager opening in Georgia
or New York. Manage
pricing related activities for all professional lines (including D&O and
E&O); develop and maintain pricing models for all professional lines
products; provide regulatory support for admitted products; perform
individual account pricing, benchmark pricing, management reporting;
monitor rate adequacy and rate change across all professional lines;
work with the capital modelling team to perform analysis for each line,
prepare business profiles for reinsurers, provide input to reserving
actuaries. Ideal candidate will be ACAS or FCAS with at least 10+ years
of actuarial experience in progressively larger roles including 5+ years
of actuarial experience in professional liability lines, working
knowledge of overall market trends and industry practices related to
professional liability lines, ability to supervise 2-3 junior actuaries.
Salary $open. (PR6050*) |
|
Insurance Research & Modeling opening in
Chicago.
Conduct research and predictive modeling; interpret data and identify
correlations using both univariate and multivariate analysis; prepare
responses to inquiries from business areas; assist in summarizing
results; perform entry level programming in SAS, Excel, Access or
company software to perform modeling activities. Ideal candidate will
have undergraduate or graduate degree in statistics, mathematics,
economics, finance, actuarial science or equivalent; 1+ years of
insurance experience, an understanding of database principles and
experience in quantitative analysis. Salary $open. (PR6049) |
|
Reserving Actuary opening in
New England.
Recommend and book reserves; communicate with Finance and
appropriate units; evaluate adequacy of loss, ALAE, and ULAE reserves;
identify loss trends; obtain detailed knowledge of key business partners
including Claim, Underwriting, and Pricing Actuaries, competitors;
leverage business knowledge in development
of analytic solutions; forecast and interpret underwriting
results to aid management in planning process; analyze and interpret
trends; execute analytical strategy and build relationships with
actuarial and non-actuarial
partners. Ideal candidate is FCAS with
strong actuarial analysis and reporting skills, understanding of
actuarial and other insurance related models (i.e. property CAT, ROE and
RBC models), understanding of financial reporting, both GAAP and Stat,
understanding of income statements and balance sheets, experience with
financial modeling and forecasting. Salary
$open. (PR6048) |
|
Research & Modeling Actuary openings at
various junior and senior levels in
New England. Conduct
research and predictive modeling; interpret data and identify
correlations using both univariate and multivariate analysis;
participate and influence results in discussions regarding underwriting
strategy; communicate results and their implications to business
centers; organize and lead effort of responding to inquiries from
business areas; oversee programming in SAS, VBA, Excel, or Access;
present findings to underwriting and actuarial management. Ideal
candidate will have 3+ years of P&C
insurance research, modeling or actuarial experience, demonstrated
ability in statistical modeling and data mining techniques (GLM,
clustering, decision trees, etc), strong understanding of insurance
related modeling and data, knowledge of insurance products and
operations, basic understanding of accounting principles and solid
understanding of financial reporting
and solid understanding of regulatory environment. Open to
actuarial exam level. Salary $open. (PR6043) |
|
Research & Modeling Statistician opening in
New England.
Conduct research and predictive modeling; interpret data and
identify correlations using both univariate and multivariate analysis;
offer recommendations to improve analyses; investigate and assist in
data analysis; assist in summarizing results; perform programming in
SAS, Excel, Access or company software to perform modeling activities;
engage in independent research; oversee limited projects involving
predictive modeling staff; bring new ideas on statistical techniques and
their application to the business. Ideal candidate will have advanced
degree in statistics, mathematics, operations research, economics,
engineering or professional actuarial designation as well as 5+ years of
research and/or predictive modeling or 3+ years of modeling along with
insurance experience. Demonstrated ability in statistical modeling and
data mining techniques (GLM, clustering, decision trees, etc), basic
understanding of insurance related modeling and data a plus, basic
project management skills, basic understanding of accounting principles
and understanding of financial reporting. Salary $open. (PR6045) |
|
Strategic Actuary opening in
New England.
Manage Commercial R&D unit, staff of 3-5. Ideal candidate will have
advanced degree in math, statistics, or related field and have 10+ years
of P&C Insurance, R&D and/or actuarial experience; considerable
management and leadership experience; strong understanding of
statistical modeling techniques, especially GLM, GAM, decision trees,
clustering analysis, etc.; experience with financial modeling and
forecasting; strong understanding of insurance products and marketplace
conditions and how they impact statistical models, financial models and
results; strong understanding of the regulatory environment and how it
impacts pricing; strong PC and programming skills including SAS, Excel,
Access, PowerPoint and other programming languages (C, etc.) a plus.
Salary $open. (PR6042) |
|
ERM Ratings
Analyst opening in New York.
Provide support in reviewing the Enterprise
Risk Management capabilities of Life and P&C insurance companies;
provide technical input into the development and ongoing maintenance of
review criteria for economic capital models; lead research activities
into new insurance modeling methodologies and approaches; play
significant role in review and analysis of economic capital models of
insurance companies. ASA, FSA, ACAS, or FCAS preferred (but not
required) with professional experience in quantitative statistical or
actuarial risk management and modeling
methods in the insurance industry; understanding of the operation
of insurance products in one or more of the life insurance, P&C
insurance, reinsurance or health insurance industry, ability to
understand abstract and complex issues and a good working knowledge of
actuarial modeling tools such as Igloo, Prophet, Moses, RMS, ResQ.
Salary $open. (PR6037) |
|
Individual
Life Pricing Actuary opening in
Southeast.
Evaluate new reinsurance opportunities; work with
clients to understand their reinsurance needs, set reinsurance
assumptions, sensitivities, and resulting prices, and write client
proposals; work with marketing representatives and clients regarding
pricing terms on existing business; assist marketing representatives and
treaty staff on treaty terms; work with underwriters to evaluate impact
of underwriting changes; discuss pricing and meet with clients; research
and recommend enhancements to pricing methodologies and processes. Ideal
candidate is FSA with 5-10 years of life insurance industry experience
including life insurance pricing and product development (reinsurance
experience preferred), excellent communication and presentation skills,
experience with actuarial modeling software, and proficient with MS
Office products (Excel, Access, Word). Salary $open. (PR6024) |
|
Modeling
Actuary opening in
New Jersey. Responsible
for the development and maintenance of the actuarial software used to
meet annuity modeling needs; be involved with modeling coding and
development; play an important role as part of the Risk Based Capital
team for the year-end work; run ALFA models and analyze outputs; help
draft the necessary actuarial memos and provide oversight for the
exhibit preparation. ASA required, near-FSA to FSA desired, strong
financial/modeling knowledge (GAAP, ALM, Economic Capital a plus,
exposure to financial reporting/analysis work using a statutory and GAAP
accounting framework), prior experience with the MG-ALFA financial
modeling software or any modeling software is strongly desired, prior
annuity experience is a plus.
Salary $open. (PR6023) |
|
Valuation
Actuary opening in
Southeast. Serve
as the Valuation Actuary for Long Term Care and Individual Disability
Income lines of business. Report on US Statutory basis, as well as on an
IFRS (US GAAP) and embedded value basis; provide analysis and insight
into the lines of business to the CFO; prepare quarter-end and year-end
financial results on a Statutory, US GAAP / IFRS, and embedded value
bases; produce the annual statement exhibits for these lines of
business; implement new methods and procedures; build and maintain
actuarial projection models. Ideal candidate is ASA or
FSA with 3-5
years of industry experience, LTC or DI background, 2+ years management
experience, reinsurance experience preferred, embedded value experience
a plus, Axis and Polysystems experience as well as knowledge of SQL a
plus. Salary $open. (PR6025) |
|
Group
Benefits Reserving Actuary opening in New England.
Develop
life and LTD reserving practices and provide actuarial support and
subject matter experience in some or all of key business areas. Ideal
candidate will be an MAAA as well as either an ASA or FSA with 4+ years
experience in developing reserves for life, LTD and other group
products, expertise in technical writing to support actuarial opinions,
proficiency in all aspects of financial modeling and analytical
techniques. Salary $open. (PR6021) |
|
Vice President & Corporate Actuary opening in
Southeast.
Manage
staff of 25 direct and indirect reports in preparation of reserving and
financial reporting on Statutory, GAAP/IAS, and Embedded Value (EV)
bases; render actuarial opinions and disclosure statements; develop
revised methods and procedures in response to changes in valuation or
reporting standards; lead staff in conversion of the valuation and
projection system; review modeling for treaties to ensure risks are
appropriately. Ideal candidate is MAAA with 10+ years of life insurance
(and health is an additional plus) industry experience with at least 5
years in valuation/financial reporting; embedded value and reinsurance
experience; blend of insurance company and consulting experience is
perfect background. Salary $open. (PR6026) |
|
Property
Research Manager opening in
New England.
Support Personal Lines profit and growth objectives by establishing the
strategy/ objectives for the research group, managing/ performing
advanced actuarial analyses and predictive modeling in the areas of
Property pricing, peril loss modeling, etc. and by partnering with
Personal Lines Underwriting/ Claims/IT divisions; develop new
underwriting and pricing programs; manage the innovation cycle of
generating insights, championing ideas, implementing projects and
delivering results; research laws and regulations; analyze developments
in the marketplace. Ideal candidate is FCAS or PhD with 4-6 years
relevant experience in the P&C insurance industry with strong analytical
skills and a solid understanding of Predictive Modeling/ Statistical
techniques (GLM's etc.) and their application to pricing strategies.
Salary $open. (PR6013) |
|
Vice
President & Pricing Actuary opening in
Southeast.
Provide product development support and pricing assumption development
for key strategic initiatives as International Reinsurance pricing
actuary. Ideal candidate is an FSA (or foreign equivalent) with
10+ years experience in life insurance-related businesses, 3+ years
reinsurance experience highly desirable, ability to travel as needed,
International experience highly desirable. Salary $open. (PR6016) |
|
Senior P&C
Research Analyst opening in
New England.
Provide technical and analytical assessments of business issues;
research industry topics to identify and proactively respond to industry
developments; utilize statistical analysis and predictive modeling;
participate in developing strategic responses to current and anticipated
market conditions/ changes, including new underwriting and pricing
programs. Bachelor's degree in Mathematics, Statistics, Finance,
Economics or Insurance; Masters degree preferred; 2-8 years of related
experience, advanced knowledge of insurance principles, underwriting and
ratemaking concepts. Salary $open. (PR6015) |
|
Annuity
Actuary opening in
New Jersey. Maintain and run
ALFA
projection models and analyze financial results for reasonability;
develop knowledge of annuity portfolio product designs and optional
benefit features. Ideal candidate is FSA/near FSA with strong
quantitative and analytical skills, experience with actuarial projection
software (ALFA is desired), experience in GAAP reporting or Statutory
valuation is a plus, as is annuity experience. Salary $open. (PR6014) |
|
Enterprise Risk Modeler opening in
Ohio. Supervise economic
capital model and related enterprise risk analytic applications;
supervise quarterly updates of the company's P&C combined ratio forecast
and the compilation of data and analyses related to annual treaty
reinsurance renewals; assist with the development of catastrophe
analysis capabilities. FCAS or near-FCAS dedicated to completing all
exams, 6+ years of actuarial work experience, advanced degree in math,
statistics or economics, dynamic financial analysis, enterprise risk
analysis or enterprise risk management experience; CERA designation,
reinsurance, reserving and/or stochastic modeling experience preferred.
Supervisory experience a +. Salary $open. (PR6009) |
|
P&C Pricing
Actuary opening in Ohio.
Commercial and Personal lines pricing actuary to help develop and
maintain pricing methods, the inclusion of adequate actuarial support in
state rate filings and the preparation of responses to Department of
Insurance questions of an actuarial nature; participate in the
development of commercial lines predictive models and develop and manage
staff. FCAS or near-FCAS with 6+ years of actuarial work
experience, commercial lines pricing experience ideal, strong computer
skills (SAS experience a big plus), reserving experience a plus and
exposure to predictive modeling strongly preferred. Salary $open.
(PR6010) |
|
Risk
Management Actuary opening in
New York.
Responsibilities include: actively participate in risk management
activities for insurance companies for both life and P/C; build up the
ERM function, e.g., review the risk appetites and limits, various
capital models and risk management strategies; conduct asset and
liability management, develop strategic asset allocations and risk limit
for tactical asset allocations, and evaluate their impacts on the
binding capital measure and net investment incomes, liquidity, etc.;
perform capital management and stress testing, review and aggregate the
stress test results submitted by insurance companies, review the capital
requirements, develop effective strategies to minimize the capital
contributions; develop capital models such as Solvency II, Rating agency
capital models and regulatory capital models; risk monitor and prepare
reporting, perform analysis, review and prepare presentations to key
stakeholders; aggregate the risk appetites/limits developed by the
insurance companies to derive the overall risk profile.
Ideal candidate is ASA or
FSA with 5-10 years experiences and with 2-4 years experience.
Proficient in
MS
excel, power point
and word, and
familiar with MS Project; good understanding of finance,
investment and financial engineering; familiar with life
insurance/retirement savings products and GAAP and Stat accounting
experience with capital management, ALM and risk management. Salary
$open. (PR6005) |
|
ERM
Insurance Financial Analyst positions available in
New York. Actively participate in risk management activities
for insurance companies for both life and P/C. Specific responsibilities
include: build up the ERM function, for example, review the risk
appetites and limits, various capital models and risk management
strategies; conduct asset and liability management, develop strategic
asset allocations and risk limit for tactical asset allocations, and
evaluate their impacts on the binding capital measure and net investment
incomes, liquidity etc.; conduct capital management and stress testing,
review and aggregate the stress test results submitted by insurance
companies, review the capital requirements, develop effective strategies
to minimize the capital contributions; develop capital models such as
Solvency II, Rating agency capital models and regulatory capital models;
risk monitor and prepare reporting, perform analysis, review and prepare
presentations to key stakeholders; aggregate the risk appetites/limits
developed by the insurance companies to derive the overall risk profile.
Candidates should have 1-4 years
of experience in financial/insurance industry and a BS in Finance,
Economics or quantitative fields, a MBA or CFA is ideal;
proficient in MS
excel, power point and
word, and familiar with MS Project; good understanding of finance,
investment and financial engineering; experience with life
insurance/retirement savings or general insurance products desirable;
experience with capital management, ALM and risk management, insurance
accounting desirable preferred.
Salary $open. (PR6006) |
|
Catastrophe Actuarial opening in
New York.
Lead Catastrophic
& Emerging Risks initiative; lead ERM’s efforts in Reinsurance
Optimization; support various Capital Management projects around Cat
Risk; liaise with the businesses in formulation of their risk appetite
for Cat Risk; responsible for accurate and timely reporting of
group wide exposures to Catastrophic Risks.
ACAS/FCAS with 3+ years of actuarial experience preferred,
familiarity with financial mathematics and financial markets desirable;
familiar with MS
Excel/Word/ACCESS/VBA/Powerpoint/Cat modeling
software such as RMS; Geo-scientific trainings desirable. Salary $open.
(PR6007) |
|
Junior
Catastrophe Actuary opening in New
York. Coordinate and
conduct quantitative risk analysis with a particular emphasis on
Property and Casualty (P&C) operations. The analyses will support
management decisions as they pertain to required economic capital,
strategic risk appetite, reserving strategy, premium cycle management,
asset liability management, reinsurance strategy, and catastrophic and
emerging risk appetite. Specific responsibilities: participate in the
development of internal economic capital models for P&C business lines
which includes analysis of diversification benefits across business
lines and development of a consistent framework for capital allocation
that includes the diversification benefits; analysis and application of
rating agency and regulatory capital adequacy models to P&C business
lines; analysis of catastrophic and emerging risks and their potential
impacts to General Insurance financials; coordinate the development of
database queries to gather the data needed for the analyses; participate
in day-to-day risk measurement and management processes such as
asset-liability management, value-at-risk and capital calculation. Ideal
candidate will have passed several CAS examinations with 1+ years of
actuarial experience preferred, familiarity with financial mathematics
and financial markets desirable, familiar with MS Excel
/Word/ACCESS/VBA/Powerpoint/Capital modeling software. Salary $open.
(PR6004) |
|
P&C Risk
Actuary opening in
New York. Lead a
small team of actuaries to coordinate and conduct quantitative risk
analysis with a particular emphasis on Property and Casualty operations;
support management decisions as they pertain to required economic
capital, strategic risk appetite, reserving strategy, premium cycle
management, asset liability management, reinsurance strategy, and
catastrophic and emerging risk appetite. Specific responsibilities:
participate in the development of internal economic capital models for
P&C business lines which includes analysis of diversification benefits
across business lines and development of a consistent framework for
capital allocation that includes the diversification benefits; analysis
and application of rating agency and regulatory capital adequacy models
to P&C business lines; analysis of catastrophic and emerging risks and
their potential impacts to General Insurance financials; coordinate the
development of database queries to gather the data needed for the
analyses; participate in day-to-day risk measurement and management
processes such as asset-liability management, value-at-risk and capital
calculation. Ideal candidate will be ACAS or FCAS with 5+ years of
actuarial experience preferred, familiarity with financial mathematics
and financial markets desirable and proficiency with MS
Excel/Word/ACCESS/VBA/Powerpoint/Capital modeling software. Salary
$open. (PR6003) |
|
Insurance Credit Risk Analyst opening in
New York.
Responsibilities include all aspects of portfolio credit risk and market
risk analysis; oversee the production of KMV risk management tool based
credit reports; calculate credit sensitivity risks and tail risks for
diverse asset classes developing models when necessary; validate
vendor-platform-based portfolio valuation methodologies; participate in
methodology development for market risk and credit risk under Solvency
II; participate in strategic discussions for ERM purposes; participate
in the development in hedging strategies. Ideal candidate will be a MS
or PhD (preferred) in a quantitative field and have 2-5 years working
experiences in capital markets as risk analyst, strategist, or asset
allocation specialist, solid understanding of corporate credit a must,
good understanding of risk attributions, familiarity with structured
products, familiarity with insurance industry desirable; proficiency in
Excel and Power point; skills in other programming language a plus;
experience in Matlab or other quantitative programming platform a plus.
Experiences with common capital market platforms such as POINT or Risk
Metrics a plus. Salary $open. (PR6002) |
|
Director of
State Operations opening in
New England. Responsible
for
developing and executing the personal lines business plan for various
assigned state(s). This position has full Profit and Loss
accountability and is responsible for establishing, monitoring and
influencing all aspects of state growth and performance; directing the
analysis, development and management of all pricing and underwriting
strategies; identifying, tracking and responding to changes in the
market, including regulatory issues, legislative issues and competitive
practices; and coordinating activity between various home office
departments. Specific responsibilities: establish objectives for state
in terms of growth and profitability; develop, review and implement
marketing strategies through the integration of the sales, services,
underwriting and pricing functions; collaborate with various Home Office
departments to maximize the effectiveness of programs while maintaining
compliance within state; monitor the market place and identify
competitor and industry changes impacting effectiveness or compliance of
current, pending and / or proposed programs; develop and implement
strategies to manage the catastrophe exposure at an acceptable level
with the state; analyze complex reports and work with management team to
implement appropriate changes in pricing position, underwriting
standard, sales growth, and claims handling; manage relationship with
local regulatory agencies and industry organizations; lead decisions
regarding growth by distribution channel and deployment of sales
representatives in the state to achieve new business volume and quality
standard and objectives, and to monitor the quality of new business
sales results; coordinate involvement in market conduct exams. Highly
developed quantitative analysis and decision making skills, excellent
written and oral communication, analytical, influencing and leadership
skills, 10+ years progressively responsible work experience required
with previous experience in managing multiple state / regional business
plans including a combination of sales, service, underwriting or claims
function, in personal lines; MBA or appropriate experience, CPCU
designation, or Actuarial background ideal. Salary $open. (HSE5993) |
|
Executive
Reinsurance Actuary opening in
Southeast. Responsible for leading the structuring and critical
assessment of all life and catastrophe transactions executed. Play key
role in supporting the development of new and innovative solutions; work
closely with a modeling actuary who will perform the associated advanced
risk modeling required. Provide support to executive responsible for
working directly with business affiliates to provide reinsurance
expertise and retention analysis. Maximize value added through superior
assessment of risk and structuring; own, develop, and maintain pricing
philosophy for transactions; ensure pricing and structuring properly
assesses risk; evaluate cost benefit of risk tradeoff and capital relief
and provide recommendations; ensure new business pricing and modeling is
consistent with existing practice and procedures; ensure transaction
control process complies with SOX and risk management requirements;
develop pricing reports documenting solutions and critical attributes of
evaluation; review pricing reports from new markets / new products to
evaluate the appropriateness of assumptions and risk structure and
reinsurance programs; monitor financial results of transactions and
affiliate reinsurance transactions; actively participate and lead select
research and development efforts to support pricing methodology and
assumption base (eg. develop understanding of different regulatory
environments and arbitrage solutions); collaborate with reinsurance
pricing and capital markets teams to continually improve pricing
processes and structures; assist on other corporate
projects/requirements as necessary (eg; budget projections/financial
reporting). Ideal candidate will be FCAS or FSA with 10+ years of
industry or related experience, extensive reinsurance -- either casualty
or life reinsurance required -- and strong analytical skills with
demonstrated problem solving ability. Salary $open. (PR5980) |
|
Health
Actuary opening in Rocky Mountain
Region. Heath Consulting
Practice seeks motivated actuarial candidate to help develop thriving
business clientele. Candidate will be involved in a number of areas,
including behavioral health, international development,
pharmacoactuarial analysis, healthcare reform, risk selection, and
underwriting implementation. Candidate must be mid-level, near or new
FSA with outstanding technical, communication, and interpersonal skills,
including strong project and people management skills. Knowledge of
Spanish or Portuguese a plus. Salary $open. (PR5979) |
|
Valuation Actuary opening in
New
York.
Responsible for managing the valuation area (4-5 employees);
oversee the implementation of VACARVM in 2009 and C3 Phase 2 work;
responsible for calculating Stat, Tax, GAAP reserves for all individual
annuity contracts including SOP03-1 GAAP GMDB reserves, FAS157; GAAP
VAGLB Reserves; keep up to date in industry valuation updates (e.g.,
principle based reserves, payout annuity valuation mortality changes);
interact with the systems area; handle questions from internal, external
auditors. Ideal candidate is a FSA, with annuity, financial, or
valuation experience would be a plus, strong technical and analytical
skills. Good modeling skills desirable with Prophet knowledge. Salary
$open. (PR5989) |
|
Assistant
Actuary opening in Mid-Atlantic
Region.
Support quarterly updated budget projections on a GAAP and Statutory
basis; assist in keeping model current to assumptions; assist in model
verification; prepare assumptions for presentation to all required
parties and get signoff; assist in the analysis and communication of
budget projection results. Ideal candidate is experienced ASA to FSA
with familiarity with modeling processes, spreadsheet expertise,
Accounting background, and good
computer skills. Salary up to $90k. (PR5988) |
|
Manager of
Research/Catastrophe Modeler opening in
New England.
Provide technical and analytical assessments of business issues;
research P&C insurance industry topics to identify and proactively
respond to industry developments; utilize statistical analysis and
predictive modeling to participate in developing strategic responses to
current and anticipated market conditions/ changes, including new
underwriting and pricing programs. Specific responsibilities:
utilize predictive modeling, analyze and summarize data,
formulate findings and provide recommendations; interpret modeling
results and provide recommendations; prepare periodic written reports
and/or presentations for senior management regarding research project
status, including renegotiating project direction as necessary;
construct queries and write SQL; design user-friendly tools to be used
by management; manage complex research projects by negotiating project
objectives and direction with senior managers and translate business
needs into a comprehensive project plan to ensure successful project
completion and achieve business objectives. Bachelor's degree in
Mathematics, Statistics, Finance, Economics or Insurance; Masters
degree preferred: 5 to 10 years of Catastrophe Modeling experience,
advanced knowledge of insurance principles, underwriting and ratemaking
concepts; Programming skills/ concepts desirable. Salary $open. (PR5974) |
|
P&C Actuarial Manager opening in
Asia Pacific
region. Manage
actuarial staff and provide actuarial reporting, reserving, pricing and
ERM support to actuaries.
Specific responsibilities include: perform basic reporting, routine
model execution, data preparation and data acquisition both for
regularly scheduled reports and special projects or investigations;
write programs/macros to increase the efficiency of reporting; conduct
analysis for
GLM/Predictive Modeling; work with
Capital team to run routine reports and develop models, ensuring consistency between planning/bridging assumptions and assumptions
in capital modeling; investigate and report on the accuracy of reserving
data and systems; prepare data submissions for reinsurers
and external actuaries;
manage growing
staff; provide regular
performance reviews to direct reports; develop and train junior
actuaries. Must have several CAS, Institute of Actuaries or related
examinations passed, with knowledge of
commercial and/or A&H lines of business – ideally in London, US, Asia
Pacific or Reinsurance markets; pricing and reserving experience
– ideally in both insurance and reinsurance environment; experience in
managing small to medium size team. Salary
$open. (PR5967) |
|
Life Actuary
opening in
Southeast. Responsible
for the development and maintenance of sophisticated models to be used
for advanced risk and financial analytics for life, annuities, LTC and
mortgage insurance lines of business; develop an in-depth knowledge of
the products and assets being modeled and work closely with the
designated business units to ensure that the models are appropriate and
meet the needs of the business and corporate customers; perform
financial projections including Statutory, GAAP and Tax accounting;
conduct peer review of pricing; perform economic modeling; incorporate
stochastic modeling techniques to address emerging risk and capital
management needs, including economic capital determination; perform
embedded value; leverage stochastic models to calculate the value of new
and existing business using advanced methodologies; involved in
Principles-Based Valuation. Ideal candidate is ASA or
FSA with 5-10+ years of financial experience with significant
exposure to modeling, in depth knowledge of Life, Annuity, LTC, and/or
mortgage insurance products; experience with reinsurance transactions,
comprehensive knowledge of the MG-ALFA actuarial system, including
stochastic applications, proficiency in Visual Basic, and minimum 3
years of significant hands-on experience with computer modeling. Salary
$open. (PR5965) |
|
P&C Actuarial Analyst opening in
New Jersey.
Provide support to Claims operations. Specific duties include:
assist claims actuary in assessing measures that would improve the
analysis of claims trends in the traditional areas of reserve adequacy,
inventory management, litigation management, recovery, and claim
outcome; design templates for reports incorporating these new measures;
prepare presentations on the changes to claims analytics and performance
metrics for use both in the home office and field visits; lead the
daily, weekly, monthly, and quarterly preparation of claims trend
reports; perform actuarial studies to forecast future claims results,
which will be used to establish performance targets and to improve
planning and resource budgeting; assist in developing the communications
for these metrics and the on-going monitoring; participate in various
claims project teams as assigned, injecting an evaluation methodology
that is grounded in quantitative analysis. Ideal candidate will have 3-7
years of P&C actuarial experience, 4-8 CAS exams, computer proficiency,
and strong business skills. Salary $open. (PR5966) |
|
Bilingual Regional Actuary opening in
Florida.
Responsibilities include: provide pricing analyses and
recommendations on new and existing reinsurance programs to underwriters
and clients; participate on client audits and client quote
presentations; evaluate client rating plans and pricing methodologies;
complete projects on rating parameters, pricing models and portfolio
methodologies; prepare profitability studies and quarterly analysis;
participate in loss reserve analyses. ACAS/FCAS
with a minimum of 4 years of
experience, reinsurance pricing and catastrophe modeling experience
preferred, knowledge of statistical techniques including sampling
theory, regression, confidence intervals, Monte-Carlo simulations and
stochastic modeling, knowledge of traditional actuarial ratemaking and
loss reserving techniques, methodologies and standards of practice. Must
be fluent in Spanish. Salary $open. (PR5958) |
|
Catastrophe
Modeler opening in
New Jersey.
Responsible for supporting the catastrophe modeling needs of various
underwriting units as well as facilitating the compilation of
companywide statistics; assist in
evaluating the usability and credibility of different catastrophe
models; work closely with underwriters in analyzing and interpreting
insurance company data, determining relevant statistics, and
communicating results. Ideal
candidate will have 1-4 years cat modeling experience (preferably
with AIR catastrophe models), 1+ years experience with SQL Server or
other relational database system, 1+ years experience with Excel, Access
and Visual Basic, or other programming language, an excellent academic
and mathematical background. Salary $open.
(PR5959) |
|
P&C
Actuarial Assistant opening in
New York.
Responsibilities include assist in quarterly reserving process; execute
and maintain reserving system; prepare management reports via internal
reporting tools; prepare reserving report reviews and reconciliations;
conduct data mining and investigation. Ideal candidate will have at
least 2 CAS exams and at least 2 recent years experience in P&C
insurance and knowledge of basic actuarial reserving methods. Salary
$open. (PR5960) |
|
Life
Actuarial opening in
New York. Multi-tier
role: support insurance agents’
needs relative to field questions on compensation, analyzing competitive
compensation contracts, development of new field compensation plans and
maintaining field compensation models; develop and analyze experience
studies reports for mortality, lapse, premium persistency, conversions,
etc; establish pricing assumptions as well as assumptions for GAAP, CFT,
EV and EC for life products; develop Principle Based Reserves in the
future; analyze results of these studies, including writing management
reports. Ideal candidate will be near ASA or ASA with 3+ years of
related experience, especially field compensation and experience
studies; good technical skills including proficiency in Excel and Access
Databases and IT background are helpful as well as the ability to
analyze, prioritize, take initiative and problem solve. Salary $open.
(PR5955) |
|
Investment
Banking opening in
New York. Support international
Asset Management outsourcing initiative. This role will be a contributor
to the initiative by supporting analysis of specific clients’ profiles
with respect to financial metrics, risk, regulatory and rating agency
considerations, as well as performing peer analysis and providing other
insurance content for on-going research and client presentations and
working with investment strategists in portfolio evaluation and
strategic asset allocation. Open to various levels, ideally 5 - 20 years
of experience, knowledge and experience of insurance investment, risk
and capital management process, experience in financial modeling
including asset/liability-modeling for insurers, knowledge of insurance
company capital, tax, accounting and regulatory considerations which
impact the investment process, technically oriented but also must have
strong communication and presentation skills.
Finance, accounting and or life actuarial experience ideal;
Property & Casualty experience is a plus. Salary $open. (PR5956) |
|
Life
Actuarial opening in
New York. Multi-tier
role: support insurance agents’
needs relative to field questions on compensation, analyzing competitive
compensation contracts, development of new field compensation plans and
maintaining field compensation models; develop and analyze experience
studies reports for mortality, lapse, premium persistency, conversions,
etc; establish pricing assumptions as well as assumptions for GAAP, CFT,
EV and EC for life products; develop Principle Based Reserves in the
future; analyze results of these studies, including writing management
reports. Ideal candidate will be near ASA or ASA with 3+ years of
related experience, especially field compensation and experience
studies; good technical skills including proficiency in Excel and Access
Databases and IT background are helpful as well as the ability to
analyze, prioritize, take initiative and problem solve. Salary $open.
(PR5955) |
|
Associate
Actuary opening in
Texas.
Work as member of a team to prepare quarterly financial statements,
perform experience studies, and other actuarial valuation tasks; help
develop and implement reserving and reporting methodology for different
annuity products and features and coordinate with outside software
vendors. Ideal candidate is ASA with 5-10 years of actuarial, including
at least 3 years of recent annuity valuation, experience; proficiency in
Excel and Access, strong database skills and SQL server experience,
strong VBA skills, background with PolySystems software and experience
with ALM software packages; actuarial
modeling skills in TAS/PTS/ALFA/Prophet/Moses would also be useful as
well as experience in migrating from one of these systems to another;
knowledge of annuity products is a must, familiarity with equity indexed
products is a plus. Candidate should be creative and have an eye
for detail. Salary $open. (PR5949) |
|
Chief
Actuary position for executive select Personal Lines division in
New York. Candidate must be
strategic leader with vision to serve as part of management team, will
manage staff and report to COO. Position involves pricing and reserving
for high net worth individuals. Ideal candidate will be ACAS or FCAS
with extensive P&C background (personal lines ideal, but not
necessary) with vision and
strategic leadership experience. Salary up to $200’s. (PR5947) |
|
Product
Development Actuary opening in
New England. Drive and enhance product development initiatives by
bringing creativity and innovation; contribute to new product ideas and
concepts; work on the design and pricing of life insurance products and
features; conduct research and statistical analysis; monitor the level
and trend in profitability by product line; comply with regulatory
changes; and provide recommendations for process improvements to enable
more efficient product development and implementation. Specific responsibilities
include: design, price, file and document innovative new life
products and product enhancements; work proficiently with technology
tools including Microsoft, Visual Basic code, and SQL; participate in
product implementation teams; perform actuarial management and
maintenance of the in-force block including monitoring and adjusting
policy cost factors; interface with the field including presentations,
soliciting feedback, field inquiries, conducting field conference calls,
etc. Ideal candidate will be FSA (or Career ASA) with 7-35 years of
related individual life insurance product development experience. Salary
$open. (PR5948) |
|
Unique
Pension Actuary opportunity in Investment Bank in
New York. Position involves pension strategies for public and
corporate pension funds including hedge fund allocations, issuance of
structured and unstructured securities, etc.
Ideal candidate is a pension actuary with at least several
actuarial exams passed up through FSA/EA who has an outgoing
personality, is a self-starter and is interested in working on the
trading floor of a well-respected investment bank. Candidate must
understand capital markets and pension products. Salary $
Exceedingly lucrative.
(PR5920) |
|
P&C pricing actuary opening in
India. Manage staff of 3. Perform reinsurance pricing for
property, marine, motor, workers compensation, etc. Ideal candidate will
be ACAS, FCAS, or international equivalent with
5-7 years of related experience, preferably in reinsurance pricing.
(PR5913) |
|
Annuity Actuary opening in New York/New Jersey. Serve as member of the Individual Annuity Hedging team which is responsible for the analysis and updating of key liability measures for variable annuity capital market guarantees to facilitate the hedging of these risks; responsible for providing the analysis to support the modeling of the hedging strategy for the valuation group for cash flow testing, RBC C3 Phase2, Economic Capital (EC) and planning. Also, responsible for providing the monthly GAAP FAS157 embedded derivative liability values. Play an important role in the product development process for variable annuities by providing analysis and option costs for new variable annuity capital market guarantees being considered. Serve in Individual Annuity Hedge team’s valuation group, which is responsible for liability valuation and modeling of FAS 157 embedded derivative liability and supporting enterprise wide economic capital project. Lead a team within valuation group to perform stochastic risk neutral valuation for variable annuity living benefit, fine tune attribution analysis, analyze VACARVM and capital exposure and assist in ad hoc projects. This is an exciting opportunity for this position to take a leadership role and have an influence on the development of the hedging program and hedging strategy. FSA designation with 5-7 years of actuarial experience, including experience of managing staff. Strong quantitative and analytical skills, prior experience with TAS, MG-Hedge or similar actuarial modeling software would be helpful; prior variable annuity and/or hedging experience is desired. Salary $open. (PR5912) |
|
Pension/Executive Compensation Actuary opening in New York/Connecticut. Unique opportunity to use your pension experience in an insurance company! Provide overall guidance and accounting information for clients’ and potential clients’ nonqualified pension and savings plans. Specific responsibilities include: play significant role in the sales process, including plan design and new plan implementation; provide necessary reports to existing clients; prepare annual valuations and benefit statements; prepare asset/liability comparison; perform benefit calculations for retiring participants; keep clients informed of legislative and regulatory changes; assist in the sales process; ensure that models are accurate; deliver presentations to prospective clients; work with the administrative department to enroll new participants; recommend and implement process improvements. Ideal candidate will be EA, ASA or FSA and have 5-10 years pension consulting experience in mid-level position, preferably with a large consulting firm and/or experience in COLI or other non qualified executive compensation plans; proficiency in Microsoft Excel, experience in the design of qualified and nonqualified retirement plans, knowledge in the use of insurance funding for nonqualified plans ideal. Salary $open. (PR5905) |
|
VP & Chief Actuary opening in KANSAS. Our exclusive client is seeking an Actuary to report to the President and play key role in developing and executing strategic plans and business objectives for this personal lines carrier. Specific responsibilities include: perform advanced actuarial analysis in the following areas: reserving, pricing, product development, research/support and business planning; develop and implement strategies to improve production efficiency and effectiveness supporting company goals of optimized profitability, managed growth and enhanced competitive advantage; investigate changes in trend (frequency and severity) and impacts on reserve selections as well as forecasts for future periods; partner with the Underwriting department to develop predictive models that enhance underwriting performance; work in collaboration with underwriting, claims, and senior management to propose recommendations impacting pricing, planning and reserving; develop indications, rate proposals, and filing support; manage staff of 10 - 15. Ideal candidate will be ACAS or FCAS with 6+ years progressively responsible experience, including personal lines insurance, and with 2-5 years of management/supervisory experience; knowledge of underwriting concepts including company/agency relationships’ importance to the business success and knowledge of actuarial and statistical concepts ideal; experience developing and implementing statistical predictive models a plus though not required. Salary $150 - 175k base plus bonus. (PR5911)
|
|
Worksite
Actuary opening in either IL, NJ, or PA – your choice!
Perform pricing and product development, modeling and reserve review for
worksite products including Universal Life, Short Term Disability,
Accident, Critical Illness and Cancer Insurance. Serve as project leader
and recommend solutions to problems utilizing information developed by
others, industry experience, or self-developed analysis. Ideal candidate
is ASA with 10+ years of experience working with individual and/or group
supplemental insurance products with worksite marketing/voluntary
benefit experience a plus and strong understanding of financial modeling
including compensation modeling to increase corporate profitability and
revenues. Salary $open. (PR5902) |
|
Senior
Professional Liability Actuary opening in
New York.
Responsible for pricing D&O, Fiduciary Liability,
Employment Practices Liability as well as other related insurance
coverages. Specific responsibilities include: rating plan development
(including rating structures for various D&O and related products and
coverages), price monitoring, pricing model development and maintenance,
and working with the rate filing area to support the filed rating plan
needs. ACAS or FCAS with D&O pricing experience is a prerequisite. The
ideal candidate will also have very strong (oral and written)
communication and interpersonal skills, pay great attention to technical
detail, be highly productive, and be well-organized. Strong Excel and
Word skills are critical. Other computer skills are a plus. Salary
$open. (PR5901) |
|
Actuarial Assistant opening in
New York.
Perform reserve analyses, profitability studies, price accounts,
economic capital, another actuarial functions for Foreign General
business. Ideal candidate with be FCAS or near FCAS with 3 to 5 years of
property/casualty actuarial experience, passed 1 to 4 CAS exams,
modeling experience a plus. Salary $open. (PR5898) |
|
P&C reinsurance actuary opening in
Johannesburg,
South Africa. Perform both
pricing and reserving for multiple lines of reinsurance. Ideal candidate
will have 3-5 years of reinsurance or commercial lines pricing
experience and will have passed several actuarial exams from the CAS,
Institute of Actuaries, Faculty of Actuaries,
or other international actuarial
body. Salary $open. (PR5914) |
|
P&C
Actuarial Analyst opening in
New York.
Project expected losses for large commercial clients using the client’s
historical loss experience; determine collateral reserve requirements
for clients with loss-sensitive insurance programs; assist in developing
and maintaining pricing, reserving and other models used both by
Actuarial and non-Actuarial staff; participate in actuarial research
projects as needed. Ideal
candidate will have completed 3-6 CAS exams and have 3 years experience
with P&C actuarial analysis, and proficiency with MS Word, Excel,
Access, and Visual Basic. Salary $open. (PR5897) |
|
International Business Analysis Actuary opening in
Southeast. Responsible
for leading the International business' initiatives in maximizing the
useable business intelligence available from new and existing
transactions in both Latin American and Asia Pacific markets; support
the integrity of the pricing process through the provision of timely,
accurate and detailed experience analysis on the business unit's new
business product lines, and to support the new business acquisition
process by the provision of relevant research to clients. Specific
responsibilities: develop enhanced reporting functionality for emerging
product lines especially health business in Asia; ensure a progressive
improvement in the scope and depth of analysis;
negotiate scope definition, production of analysis, and ensuring
analysis is useful to internal clients for all product lines arising
within the International business; serve as subject matter expert in
business analysis including actuarial methodology (IBNR, application of
credibility theory, and experience analysis methodology); gain knowledge
of the impact of IT and operational work processes on the resulting
quality and availability of data for business analysis; develop in-house
expertise in anticipating and measuring the impact of segmentation
strategies for direct marketing campaigns using statistical analysis
techniques. Ideal candidate
is FSA or foreign equivalent designation
with 5+ years experience in pricing insurance-related businesses,
experience with AXIS or other pricing software, database management and
data analysis software tools, project management
and reinsurance knowledge, 3+ years reinsurance experience highly
desirable. Salary $open. (PR5896) |
|
Senior
Health Actuary opening in
Missouri. Direct the
activities of the actuarial department of the local health care plan;
provide direction and methodology for establishing market rates, reserve
estimates, trend projections, and other financial determinations for
assigned markets; perform complex analyses independent of supervision.
Specific responsibilities: provide leadership and direction to the
actuarial team., recruit, develop, and motivate staff; direct a team of
actuaries who quantitatively assess the risk relating to market premium
rate levels, new product development, provider contracts, and IBNR in
accordance with regulatory and professional guidelines; design, develop
and implement methodology for actuarial team to follow; develop and
implement a quality control program to ensure that actuarial work
performed will generate expected financial outcomes; explain methodology
to appropriate parties; identify and analyze the internal and external
factors which affect statistics for use in trending, pricing, reserving,
contracting, etc.; advise, counsel, and make recommendations on issues
and policies affecting the company’s actuarial, underwriting, and
financial practices; ensure the accuracy of work assigned through the
development and use of reconciliation techniques; design specific
actuarial studies and research projects as requested; test new
actuarial, underwriting, and financial applications. Ideal candidate is
a FSA with 8+ years in an
analytic department with at least 2 years of experience supervising
professional employees and complex projects with knowledge of all
federal and state laws and regulations professional standards and
current managed care actuarial practices and extensive knowledge of
analytic methods, statistical techniques, marketplace dynamics and
alternative pricing scenarios. Salary $op[en. (PR5895) |
|
Senior
Variable Annuity Reinsurance opening in
Connecticut. Responsibilities: oversee the ongoing “Relative
Risk” analysis framework.
Assess current approach and recommend changes/improvements as necessary;
determine potential financial risk mitigation opportunities; work
with the hedge team (as applicable); develop recommended risk management
actions based on cost/benefit analysis; develop communication materials
in support of recommendations; lead/support implementation of
recommendations as appropriate; manage technical/quantitative resources
that may not be under direct supervision. Ideal candidate is a
FSA or CFA with
experience in evaluating and/or pricing risks associated with variable
annuity products and associated guarantees, reviewing equity and
interest rate scenarios, including familiarity with underlying theory,
familiarity with hedging concepts, regulatory capital and reserve
requirements (e.g., C-3 Phase II and VACARVM), strong quantitative and
analytical skills. Salary $open. (PR5894) |
|
P&C
Reinsurance Pricing Actuary opening in
New Jersey. Lead
the development, maintenance and enhancement of actuarial models which
support business plan; effectively communicate and coordinate
information, technical issues, and activities between actuarial
departments, as well as with internal & external constituents; actively
participate & serve as a key member in the divisional/unit planning
process for the division/unit supported; determine the actuarial needs
of the business units; provide leadership in the training of
underwriters, account managers, underwriting assistants as well as other
actuaries regarding actuarial analyses and methodologies; actively
manage exam study-time of staff, and encourage/support good study
habits; provide leadership in the development of new
methodologies/products/procedures;
ensure the timely, accurate and professional completion and
prioritization of all assigned projects, including projects assigned to
staff; manage other actuaries/programmers /support staff, as needed;
maintain current knowledge
of trends and products in the insurance and reinsurance industries;
complete high-level peer reviews on actuarial work and provide
constructive feedback, as needed; maintain consistency of methods as
appropriate; maintain in-depth knowledge of rating/reserving models;
develop and build models including written specifications for IT;
actively participate in industry meetings/seminars. Ideal candidate is
FCAS with at least 10 years of actuarial experience, including at least
5 years of reinsurance experience, as well as prior management
experience. Salary $open. (PR5892) |
|
Life Product
Development Actuary opening in New
England. Drive and enhance product development initiatives,
bring creativity and innovation, contribute to new product ideas
and concepts. Work on the design and pricing of life insurance
products and features; conduct research and statistical analysis;
monitor the level and trend in profitability by product line; comply
with regulatory changes; and provide recommendations for process
improvements to enable more efficient product development and
implementation. Specific responsibilities include: design, price,
file and document innovative new products and product enhancements; work
proficiently with technology tools including Microsoft, Visual Basic
code, and SQL; participate in product implementation teams; actuarial
management and maintenance of the in-force block including monitoring
and adjusting policy cost factors; interface with the field including
presentations, soliciting feedback, field inquiries, conducting field
conference calls, etc. Ideal candidate will be FSA or ASA with at least
7 years of related individual life insurance product development
experience, including experience
in any of the following areas: life insurance operations, simplified
issue insurance, group life insurance products, reinsurance and large
case market. Must have knowledge of life insurance competitive landscape
and be proficient in Microsoft Office Suite (Word, Excel, Outlook) and
Access Database. Salary
$open. (PRSPLTB5891) |
|
Vice
President and Regional Chief Investment Officer opening New York City.
Work with various countries to build investment reporting
infrastructure, advise on new product development, and set credited
rates (i.e. perform product maintenance), liaise with international
management team, help organize
agenda for investment meetings, and keep abreast of emerging issues in
capital markets in various countries. Products
including Universal Life, Traditional Life,
and Endowment products. Candidate
must be ASA or FSA with minimum
of 7+ years of experience in ALM, Capital markets, on both the asset and
liability side. Salary $open.
(PR5890) |
|
P&C Corporate Actuarial opening in
New York /New Jersey. Support
quarterly reserve reviews, reserving projects, financial and statutory
reporting. Lead a reserving sub-team to ensure smooth and accurate
quarter close process while working to strategize and implement
decisions and enhancements. Specific responsibilities: supervise
reserving sub-team in analysis and selection of reserves each quarter;
manage special reserving projects; contribute to Actuarial Opinions and
Reports; support reserving component of SEC 10-Q’s and 10-K; collaborate
on Annual Statement and Schedule P; provide information for SOX and
Reserve Audits. Ideal candidate will be ACAS with 3+ years of reserving experience, strong attention to
detail & accuracy, proficiency in Excel (advanced spreadsheet knowledge,
formulas, pivot tables, etc), supervisory experience, Cognos, or in lieu
of Cognos experience, an understanding of OLAP technology through
familiarity with other OLAP applications (Hyperion, Business Objects,
etc). Salary $open. (PR5883) |
|
P&C Senior
Actuary opening in
New England.
Lead
the analysis of financial performance, operating results, and market
changes for their given state(s); view state markets based on their
review of key regulatory/political developments, state-level competitive
intelligence, and key business metrics; work with other teams to
identify areas of operational opportunity, devise business solutions to
achieve desired results, and monitor program effectiveness. Specific responsibilities:
Lead State Actuarial Work for Auto and Home Product Lines:
development of indications, rate proposals, and filing support which
drive SBU strategy; negotiation with Division of Insurance staff to
achieve necessary filing approvals; management of involuntary market
accept / reject decisions; planning for catastrophe exposure management;
response to DOI requests; participation on industry Actuarial
Committees. Analyze State Operating Performance and Market Influences:
analysis of proposed law and regulatory changes; regular analysis of
state level financial and operating results; adaptation of next
generation pricing programs to state specific business needs;
participation in development of state business plan; detailed review of
competitor state specific program changes. Critical Leadership
Responsibilities: mentor members of product analyst and actuarial
analyst teams; communicate key messages to various audiences from SBU
senior management to customer facing employees.
Ideal candidate will be FCAS or near FCAS with 5-10 years
progressively responsible experience, including supervisory experience,
ability to foster teamwork and relationships across organizational line,
knowledge of underwriting concepts including company/agency
relationships' importance to the business success, advanced decision
making, problem solving and analytical skills. Salary $open. (PR5882) |
|
Manager of
Product (Property) Analysis opening in
New England.
Manage
programs, initiatives, products, UW rules, guidelines and procedures for
property line of business. Direct, and is responsible for, the product
line analysis. Advise senior management regarding risk levels and
recommends target profitability goals for each state.
Responsibilities: evaluate
existing programs and procedures plus the development of new initiatives
within product line to achieve desired business objectives and goals;
monitor rate level adequacy and perform analyses of the company's
pricing posture for product line and develops rate level indications;
recommend course of action based on frequency, severity and historical
rate level information; keep up-to-date on state regulations and
evaluates impacts to business; manage the preparation of proposal and
filing approval of rate changes; partner with research team to explore
and analyze product line information to identify opportunities, to
develop or enhance new products, services, pricing strategies etc;
oversee the development of underwriting policies, guidelines, standards
and procedures within the property line of business to ensure desired
results; ensure established guidelines and procedures are in compliance
with all applicable insurance laws and regulations; oversee coordination
with other internal departments to determine impacts of legislation on
current processes and internal systems; review portfolio analysis
results and strategies within the Field to ensure consistency with
overall business objectives; provide support for negotiations with
external agencies/organizations, such as law firms and state insurance
departments, regarding sensitive and/or complex issues; monitoring and
controlling expenses throughout the year for the department's budget.
Bachelor's degree or equivalent experience, advanced degree or
professional designation preferred; minimum 7 to 9 years of experience,
including 2 to 3 years of managerial experience, excellent talent
management, project management, process improvement, written and oral
communication, presentation, analytical and management skills also
required, solid technical knowledge of personal lines coverage, manuals
and inter-departmental responsibilities. Salary $open. (PR5881) |
|
Director of
Medical Analytics opening for Disease and Utilization Management company
in
Florida.
Responsible for the manipulation, analysis, and
communication of data for leadership team, clients, and vendors.
Specific duties include: analyze claims information and apply
underwriting principles to the data for modeling of various pricing
scenarios and ROI; perform mathematical and statistical analyses and
actuarial modeling in support of clients' needs; identify and/or develop
related software, tools, and data analyses necessary for the completion
of projects; identify and analyze internal and external factors which
affect statistics for use in forecasting, trending, and rate models;
design specific actuarial studies and research projects as requested;
and assume a lead role in contract analysis, projections, and strategic
planning support. Ideal candidate has health actuarial or claims
background with a Bachelor's degree in Business, Mathematics, or a
related field (Masters preferred); 6+ years of experience in the
healthcare / managed care industry; strong analytical skills with the
ability to design strategic plans, implement operating goals and
objectives, and accomplish desired results; highly computer literate and
detail oriented; professionally skilled in personal presentation,
verbal, and written communication; and meticulous organizational
skills. Salary up to low $100’s. (PR5879*) |
|
P&C
Actuarial opening in
Midwest.
Develop and recommend actuarial pricing
and/or reserve strategies of a complex nature for a product line or
business unit. Specific responsibilities:
perform actuarial calculations and complex actuarial studies, and
develop rates for existing and/or new business; determine pricing and/or
reserve strategy for an assigned area and analyzes existing pricing
tools, modifying or creating new pricing tools, as needed; monitor the
profitability and trends for a product line or business unit; ensure
accuracy of all financial reports and statements, which may include the
financial close process; review and submit rate filings and contacts
regulatory and state agencies as necessary; prepare and present standard
and other reports to management; manage project teams and may be
responsible for special projects and presentations; facilitate
communication and provides technical guidance to underwriting regarding
the pricing of new and/or existing business and works with others (e.g.,
claims, finance) on actuarial issues; stay up to date in functional area
of expertise, on industry trends and developments. Ideal candidate is
ACAS or FCAS with 7+ years
of related work experience, strong knowledge of corporate, departmental
and/or actuarial specialty practices, procedures and principles as they
relate to the organization, business unit and industry, strong
analytical and problem-solving skills with the ability to effectively
resolve complex situations and issues. Excellent project management,
organizing and planning skills. Salary $open. (PR5873) |
|
AVP &
Actuary opening in Upper Midwest.
Monitor profitability and pricing,
including metrics such as rate, new business pricing, production,
retention, non-rate effects, loss experience, and trends; complete
regular pricing reviews and analyses; work with branches to understand
what factors are impacting their business both negatively and positively
develop action plans to improve or capitalize on identified issues or
opportunities understand the potential impact of those action plans to
their book business; support branch portfolio optimization, planning,
and forecasting; driver of strategic initiatives; support implementation
in the Field of any strategic direction or modeling developed. Specific
responsibilities: implement strategic objectives with substantial impact
on the short-term success for actuarial pricing for assigned product
line or segment; establish and manage pricing initiatives that have
significant impact on the short-term success of assigned product line or
segment; review individual account pricing and ensure proper
underwriting authority levels are followed; monitor profitability of
product line or segment to ensure present and future pricing strategies
achieve short-term growth and profitability objectives; partner with
Actuarial Reserving, Claim, Underwriting, Finance and other internal
departments to exchange data and analyses of financial indicators;
present product line or segment analyses to senior management and
oversee recommendations on pricing and pricing-related issues; oversee
preparation and accuracy of reports used for rate filings and internal
actuarial analysis; lead, direct and have full management accountability
for staff in area of responsibility with an emphasis on talent
management and succession planning in accordance with corporate
strategic direction. Ideal candidate is ACAS or FCAS with 10+ years of
related work experience, and 5 years of management experience, in-depth
knowledge of actuarial pricing theories and practices, strong
statistical modeling skills and working knowledge of a variety of
product lines within insurance as it relates to pricing, ability to
effectively interact and communicate with all levels of external and/or
internal business partners within scope of responsibility, team and/or
matrix environment, leadership and management skills demonstrating
integrity and professionalism, knowledge of the insurance industry, its
products and services. Salary $open. (PR5872) |
|
P&C
Actuary opening in
Midwest.
Lead
actuarial support for Inland Marine; independently manage projects to
completion and assist in developing the tactical focus for underwriting
efforts. Responsibilities: update proprietary rating rules and factors
for existing Inland Marine products; assist in the development of new
Inland Marine products including: review the
form, developing proprietary rules and rates, building or reviewing
the rating tool developed, filing in select states and ensuring
appropriate data is captured for profitability analysis; perform the
necessary analysis for planning, forecasting and dynamic financial
modeling; coordinate with various areas (Finance, Legal, Actuarial, IT)
to define and improve data quality issues; supervise the work efforts of
actuarial students on individual projects; gain exposure to proprietary
Ocean Marine property and liability products by working on projects as
needed. Key development opportunities for this position
include: analyzing a wide variety of unique exposures and
products, working with Underwriting to grow business, gaining end-to-end
product development experience and developing people/project management
skills. Ensure accuracy of all financial reports and statements, which
may include the financial close process; review and submit rate filings
and contacts regulatory and state agencies as necessary; prepare and
present standard and other reports to management; manage project teams;
facilitate communication and provides technical guidance to underwriting
regarding the pricing of new and/or existing business and works with
others (e.g., claims, finance) on actuarial issues; stay up to date in
functional area of expertise, on industry trends and developments. Ideal
candidate is FCAS or ACAS with 7+ years of related experience, strong
knowledge of corporate, departmental and/or actuarial specialty
practices, business unit and industry, strong analytical and
problem-solving skills with the ability to effectively resolve complex
situations and issues. Salary $open. (PR5871) |
|
Senior ERM opening in
New York.
Take
on a leadership role in the implementation and ongoing management of
life insurance company’s risk assessment and management programs;
develop and co-ordinate the assessment and control of the company’s
enterprise risk management processes; establish best practice approach
to ensure full understanding and transparency of risk exposures across
the enterprise; work with the business units to establish, maintain and
continuously improve risk measurement, assessment and management
capabilities; determine and monitor key risk indicators and trends to
support risk assessment and the application of appropriate risk
mitigation strategies; prepare risk management reports for senior
management; establish and maintain dialogue with team members and peers
both internally and externally to provide perspective, influence and
guidance. Ideal candidate is analytical, business savvy, and has
professional risk management qualification (FRM, PRM, CERA), has
experience working with quantitative risk models, sound understanding of
risk assessment in investment/credit/ALM/operational risks,
practical knowledge of
enterprise-wide risk methodologies and policies, market and product
savvy in finance/insurance. Salary $open. (PR5876) |
|
P&C Actuary opening in
New England.
This key leadership position will help drive profitable growth
for the business. Responsibilities include: pricing, reserving,
product sophistication, information management and loss ratio
forecasting/planning and will be an integral part of the strategies and
execution that are needed for each to achieve the company objectives for
profitability and growth; strong leadership, collaboration and
communication with the President, Regional Vice Presidents and the rest
of the senior team as well as with the Actuarial R&D department,
Finance, Underwriting, Product, IT & Operations, Legal and other
business units and functions. The position will also
require innovative thinking and leadership in driving the latest
actuarial and product approaches and strategies; provide the opportunity
to become a leader in the Business Insurance organization and the
Actuarial Community across the organization; provide significant career
development opportunities as part of a thriving, profitable business.
Ideal candidate is FCAS (or ACAS) with
10+ years experience
in Actuarial related functions including but not limited to pricing,
planning, financial reporting, management information, product
development, reinsurance and data base management, experience and
credibility as a leader in a changing and dynamic environment where the
ability to influence and build relationships across entire
organizational is critical, experience leading and developing a team
including setting challenging objectives and providing guidance and
direction to staff, develop and execute successful strategies as well as
experience leading change, familiarity with actuarial and other
insurance related models (i.e. GLM, CAT, ROE and RBC models), solid
understanding of commercial lines insurance products and industry.
Salary $open. (PR5874) |
|
Commercial
Lines Regional Pricing Actuary opening in
Upper Midwest. Review existing program business and new business prospects;
interact regularly with the business unit President, Chief Underwriting
Officer, Chief Marketing Officer, Chief Financial Officer, and lead
Actuary, also visit the field, and the actual producers in the region.
Specific responsibilities: review rate indications at the program,
program/line, and program/segment level; help develop and price new
programs; review agent compensation; help others understand various
trends impacting specific programs; help develop and monitor financial
plans and specific business tactics in support of these plans at the
program level. Ideal candidate will be FCAS, but ACAS will be
considered, with commercial lines actuarial pricing experience. Salary
$open. (PR5875) |
|
Life Settlement portfolio and
transaction structurer opening in
new York/Connecticut. Responsible
for designing, developing, and maintaining financial valuation models of
life settlement asset and its derivative; structured deals with life
settlement policies as the underlying assets; assist in building a
probability-based monthly cash flow/return on investment projection
model; underwrite/analyze life settlement portfolios and life settlement
cases. Ideal candidate has 3-5+ years of life settlement
experience and has structure life settlement transactions at investment
bank, life settlement company or life insurance company, etc. Open to an
Actuary, MBA, CFA, etc. Salary
$open. (PR5856) |
|
Enterprise Risk Management Consultant. Highly rated, financially sound
carrier, with $1.2B in written premium, has addition to staff position
out of the Corporate office in
Southeastern Pennsylvania.
This position, reporting directly to the VP and Chief Risk Officer, will
help craft corporate plans for mitigating risk throughout the
organization, specifically as it applies to Underwriting Pricing
discipline, Catastrophe Management, and investment exposure. Ideal
candidate will have 10+ years with a primary insurance carrier with
experience/strong exposure to corporate Enterprise Risk Management.
Candidate should have an Underwriting/Actuarial and/or Underwriting
Operations pedigree, with strong analytical abilities. Candidate must be
interactive with all levels of Management, insightful, able to see above
the details to the big picture, read a business plan and understand what
needs to be done, and ask the right questions. Ideal candidate, coming
from an Enterprise RM background, will have a broad vision of all risks
impacting the enterprise. Travel will be limited to occasional visit to
a Regional office. Salary $open.
(HSESPLTB5878) |
|
P&C Capital
Modeling Financial Analyst opening in
New York/Connecticut.
Provide analytical input to the economic capital modeling efforts. Be
part of a small team that is providing leadership and driving change to
existing ways of how the performance of our business is measured;
provide senior management with measurement of the economic risk-adjusted
capital committed to cover risks assumed and the economic return
achieved against that capital; support risk and capital analysis
efforts. Specific responsibilities: support individual risk modules
(insurance risks, investments risks, operational risk etc.) as well as
statistical aggregation efforts that cover all of the enterprise risks;
aggregation of results across all lines of business; presentation and
explanation of results; build and maintain aggregation software;
maintenance/enhancement of aggregation methodology; develop/enhance
individual risk modules such as operational risk, support associated
efforts such as scenario analysis for internal risk evaluations; ensure
consistency in setting model parameters; develop detailed documentation
for risk models and aggregation; support Solvency II initiative. Ideal
candidate will have at least 5 years work experience in primary,
reinsurance or financial analytics capacity, preferably in the field of
stochastic capital modeling; familiarity with actuarial principles is
desirable, actuarial background preferred,
strong interest in developing advanced stochastic and financial
models, with particular attention to detail,
familiarity with GAAP financial statements and/or knowledge of
VBA and Access is considered a plus;
understanding of investment and financial activities crucial to
the integration of all source information into a coherent risk/return
framework. Salary $open. (PR5857) |
|
ERM
Actuarial opening in New York/New
Jersey. Lead the effort to develop an Enterprise Risk Management
platform by expansion and population of a 3rd party vendor
model; must understand all aspects of ERM modeling, assumptions, and
theory as well as gaining a deep understanding of business to assess the
reasonableness of methodologies applicable to book; produce tangible
results in a reasonable timeframe by focusing on the main drivers of
results (ie. strong focus on the 80/20 rule); be able to independently
test the model’s effectiveness by programming various components of the
calculations in a stand alone environment to allow for transparency and
verification of results; work effectively with others involved in the
project including outside vendors, internal staff and holding company
staff. Ideal candidate will be FCAS with a minimum of 7 years of
actuarial, extensive experience with ERM a major plus, past experience
in working with senior management of companies, strong knowledge of IT a
plus. Salary $open, (PR5858) |
|
P&C
Actuarial Analyst opening in New
York City. Project
expected losses for large commercial clients using the client’s
historical loss experience; determine collateral reserve requirements
for clients with loss-sensitive insurance programs; assist in developing
and maintaining pricing, reserving and other models used both by
Actuarial and non-Actuarial staff; participate in actuarial research
projects as needed. Ideal candidate will have 3-6 CAS exams with
3 years experience with actuarial analysis, strong understanding
of actuarial principles; proficiency with MS Word, Excel, Access, and
Visual Basic. Salary $open. (PR5862) |
|
Senior
Actuary opening in Florida.
Manage staff of 5-6 actuaries. Develop new traditional life insurance
and annuity products; coordinate development and implementation with
other areas; price, design, and test new products and work with the
implementation teams; direct and coordinate the product development
staff involved in the process; select assumptions and meet profit
objectives. For new products, help develop the profit objectives;
analyze strategies for improving the performance of the in-force book of
business; provide support to various customer service related areas;
explore and research new product ideas; research and summarize data to
support Marketing in development of new initiatives; refine applications
for underwriting and selection of risks to manage profitability of new
business; provide actuarial filing requirements and rate files for new
products. Ideal candidate is FSA with 15-35 years life product
development experience and staff management experience, with proficiency
in Microsoft Excel, Microsoft Word, and understands various forecasting
platforms. Salary $open. (PR5859) |
|
P&C Senior Actuarial Analyst opening in
Kansas.
Develop and maintain rating tools and models for review of
various personal lines products and rate structures (including losses
and expenses); develop rate and statistical reports and filings for
submission to regulatory authorities; assist with training of rate and
statistical analysts. Specific responsibilities: develop and maintain
tools and models for review and industry products and rate structures;
complete assigned rate reviews, product reviews and statistical
requirements to assure regulatory compliance and adherence to standard
actuarial standards; communicate with Rate Analysts and Statistical
Analysts and transfer knowledge of rate development and analysis
practices; assist Director, Actuarial Functions by serving as a unit
“lead”; use and maintain internally developed and vendor provided
software applications to analyze and develop rate proposals; analyze
competitor insurance rates and compares rates to identify relative price
position; evaluate current/anticipated unit work requirements based on
anticipated rate review; assist in guiding the development of unit
employees; direct technical instruction relative to rate structure
analysis form and filing completion, applicable query software, research
techniques, and statistical reporting and documentation requirements;
provide guidance relative to pricing
strategies, internal policies and methods; develop and maintain
effective working relationships within the unit and with other
departments; coordinate efforts with other units to support
accomplishment of organizational goals and objectives; assist department
management and external consultants as requested with special projects,
budget development, and other duties as assigned.
Ideal candidate will have 2+ CAS exams
and a minimum of 3 years of rate/filing or statistical reporting
experience in a property/casualty insurance company, working knowledge
of MS Outlook, Word, and Project, MS Excel and Access, detailed
knowledge of mapping software (e.g. MapInfo, MapMarker) and loss
analysis software (e.g. ReservePro). Salary up to $100k. (PR5852) |
|
Valuation
Actuary opening on the
West Coast.
Develop, maintain, perform and peer review financial projection models
that support the principle-based Statutory and Tax Valuations of the
Variable and Fixed Annuity business; conduct asset adequacy analyses, as
directed – specifically, cash flow testing via asset/liability modeling
– in satisfaction of applicable regulatory requirements; design and
implement, as needed, quality assurance procedures and related controls
that enhance the accuracy and reliability of valuation processes;
assess, as directed, the valuation impacts of new or modified products,
riders, reinsurance treaty terms, and/or valuation methodologies. Ideal
candidate is ASA with 5+ years of statutory/tax valuation experience, 2+
years of valuation experience with annuity products, 3+ years of using,
developing and maintaining a versatile insurance/annuity financial
projection platform, preferably MoSes, and 2+ years experience in asset
modeling in a financial projection system. Salary $open. (PR5853) |
|
Lead Workers Compensation Actuary opening in
New Jersey.
Monitor all regulatory matters impacting Workers Compensation
including rate filings, benefit reforms, residual market, and other
related costs including a review of results vs. industry results, LCM,
LDF, etc.; monitor loss trends, country wide and by jurisdiction,
affecting the division’s business; identify information from internal or
external sources needed to further improve the LOB’s underwriting
results and develop plan to obtain such information; review information
and results of profitability, reserves and other matters as provided,
and ensure appropriate action is taken to improve profitability; work
with Claims staff as required with respect to all items listed above;
work with CUO on class code analysis and mix of business review,
additional pricing tools if appropriate,
and review of e-WC system for pricing and questions. Ideal
candidate is ACAS or FCAS with 5-30 years of in-depth WC pricing and
rate filing experience, especially including NCCI interaction. Salary
$open. (PR5848) |
|
P&C
Reserving Actuary opening in
New Jersey.
Actively participate and manage key components of the financial close
process; evaluate and estimate IBNR; prepare and complete reserving
analyses for corporate retrocessions and traditional segments of
business; provide peer reviews of analyses completed by actuarial
students and technical analysts, as assigned; oversee completion and
participate in preparation of quarterly monitoring of corporate
retrocessions and traditional segments of business; oversee and finalize
the Regulatory Reporting schedules and analyses; take a leadership role
in supervising the work and training of actuarial students and technical
staff as needed. Ideal candidate is ACAS or FCAS with 7+ years of
insurance/reinsurance actuarial experience, strong technical actuarial
skills, with ability to understand and apply non-traditional actuarial
techniques and working knowledge of Statutory and/or GAAP reporting
requirements preferred. Salary $open. (PR5847) |
|
Corporate
Actuary opening in New York.
Loss Reserving – Provide global oversight of the reserving
process; review base computations, discuss with global counterparts,
propose recommendations, develop alternative scenarios; possibly some
supervisory responsibility. Documentation - Review process
documentation, recommend updates (to be completed by junior staff);
gather business information
on global operations (e.g.
talk to an Underwriter about a new program or a Claims Handler about a
new claim); provide summaries and documentation as needed;
gather and review external business information (e.g. understand
/ explain a new regulation, obtain industry data). Analysis –
Undertake / lead analyses on various reserve related topic, e.g. impact
of deductibles on loss development patterns, Aggregate Deductible
policies, investigate characteristics of Securities Class Action suits
and their impact on D&O reserves, ULAE.
Ideal candidate is ACAS through new FCAS with at least 7 years
P&C actuarial experience, predominantly in reserving; some supervisory
experience a plus. Salary $open. (PR5836) |
|
Enterprise
Risk Analyst opening in
New Jersey.
Quantify whole portfolio and supplemental risk tolerances and
communicate results to senior management; support M&A Risk Management
assessment in the context of risk modeling; assist in the analysis of
Capital Model results and the impacts on performance measurement and
steering of business strategy; contribute to the evaluation of the
consistency of processes, risk measures, and assumptions across the
insurance control cycle in order to recommend areas for improvement, new
risk measures or changes in existing risk measures; assist in local
implementation of Group risk management projects; introduce new
analysis, monitoring or control processes; support development and
enhancement of group risk management analytics; develop understanding of
current ERM modeling and analysis techniques. Ideal candidate will have
passed several actuarial examinations and have at least 3 years of P&C
Insurance/Reinsurance experience or related certification (CPCU, ARM,
etc.), strong quantitative and analytical skills, strong Risk Modeling
Skills, with proficiency in MS Office including Access. Salary $open.
(PR5841) |
|
Manager of
Research opening in
New England.
Help
drive idea generation and the development of innovative products and
pricing programs.
Responsibilities: drive home product/pricing improvements across:
idea generation, business case development, project development,
implementation, & testing measures of success; utilize quantitative
skills to analyze and summarize business relationships via data,
formulate findings and provide recommendations; communicate written and
verbally with senior management regarding research; advance tools and
approaches to business problems through statistical analysis and
predictive modeling; assist others with conducting business research by
gathering data, identifying options, performing cost-benefits analyses,
and creating non-routine reports with detailed analyses. Ideal candidate
has Bachelor's degree in Mathematics, Statistics, Finance, Economics or
Insurance (Masters degree preferred), with 2-8 years of P&C actuarial
related experience, strong analytical and problem-solving skills,
knowledge of insurance principles, underwriting and ratemaking concepts,
knowledge of the functions of various departments, such as Finance
Underwriting, Claims, Stats, IT, Legal and Sales. Salary $open. (PR5843) |
|
P&C
Actuarial Analyst opening in
New Jersey.
Responsibilities: prepare and complete filings & analyses with
limited guidance, including the development of loss and exposure rates,
ultimate loss projections, ROE modeling and communication of results;
complete or direct the completion of required data manipulation,
including data input, with limited guidance; coordinate the development
of new methodologies/products/procedures; assist in the training of
underwriters, account managers, underwriting assistants, accountants,
actuaries and others on the use of models/studies/reviews and the
interpretation of the results; identify data and operational issues
requiring specialized actuarial attention; develop and maintain working
knowledge of Rating/Reserving models, including a good understanding of
the actuarial concepts and techniques underlying the models. Must have
4+ CAS exams with a minimum of 4 years of
insurance/reinsurance/actuarial experience. Salary $open. (PR5842) |
|
P&C Actuary
opening in
New
England. Experienced
actuary to manage its Line of Business unit; this newly created position
will focus on special studies, market support, analytical tools, and
coordination of portfolio modeling projects.
Responsibilities: work
with internal customers, IT, and portfolio modelers to coordinate data
gathering, modeling and implementation; interact with market customers
(underwriting, loss prevention, claims, actuarial, fraud) to create
tools, benchmarks and research that support their initiatives; work on
technical studies with pricing tools group; generate innovative ideas
and approaches to business problems; manage a small staff of actuarial
and/or business analysts. FCAS or near-FCAS with 5-10 years of
progressively responsible experience, including supervisory experience,
detailed knowledge of commercial lines (commercial ratemaking experience
would be a plus), modeling knowledge a plus, strong analytical skills
with a solid understanding of casualty actuarial techniques, standards,
and assumptions. Salary $open.
(PR5831) |
|
P&C Loss
Analytics Actuary opening in
New England. This
newly created actuarial position will focus on driving state specific
improvements in workers compensation claim outcomes, evaluating and
monitoring state reforms, helping identify cost drivers and potential
opportunities to reduce costs, and improving the company's understanding
of claims related issues and implications on pricing, reserving,
operations, and financial results. Primary responsibilities
include: analyzing claim outcomes, drivers of loss trends, and
deviations from expectations in key states and using this information to
help the company respond appropriate to such trends; evaluating and
monitoring workers compensation reforms, communicating the expected and
actual impacts throughout the organization and coordinating efforts
related to such reforms with Claims and Public Affairs; building and
maintaining tools to facilitate such reform analyses; providing Claims
and Managed Care departments with support in development and
implementation of state specific programs and tools and providing impact
assessments of such programs once implemented, incorporating actuarial
analyses and predictive modeling into such work as appropriate;
facilitating knowledge sharing between the various Claims and Actuarial
groups so that this knowledge can be used to improve pricing, reserving,
operations, and financials; help drive public policy and support public
affairs and reform initiatives on claims related issues; manage a small
staff of actuarial analysts and/or business analysts. Ideal candidate is
a FCAS with 5+ years of experience, strong analytical skills with solid
understanding of actuarial techniques, insurance operations, and claims
operations. Salary $open. (PR5830) |
|
Accident &
Health Actuary opening in
Multiple Locations
throughout the US!
Responsible for developing and filing Accident & Health insurance
programs on a countrywide basis as well as estimating reserves for
employee benefits coverage for insurers, captives and self-insureds. ASA
or FSA with a minimum of 8 years of experience in developing and filing
Accident & Health insurance products and reserving for employee benefit
programs. Must be proficient in Excel and Word and be able to
successfully multi-task in a fast-paced environment.
Salary $open. (PR5828) |
|
Health
Actuarial Analyst opening in
Connecticut.
Perform actuarial analyses for Commercial and Medicare business
including: Medical and Rx Cost trend analysis; assist in the development
of, financial forecasts; preparing recast income statements; estimating
IBNR claim reserves; reporting reinsurance and stop loss claims for
recovery, and ad hoc actuarial analyses and reporting. Specific
responsibilities: analyze key product performance measures including,
medical and Rx cost trends, premium yields, book-of-business loss
ratios; tracks trends and reports pertinent financial and utilization
information to support internal business partners; apply sound actuarial
principles to all financial/pricing/trend analysis and to all aspects of
decision-making processes; demonstrate independent decision-making
capability; analyze historical medical expenses, and project future
medical expenses and required revenues for Commercial and Medicare
product lines; develop/enhance ad hoc reports to assist in financial
analyses of operating results and support for actuarial analyses key to
understanding financial position; assess the financial impact of
variations in provider contracting strategy and assists in developing
the necessary methodology to manage unit costs over time; maintain large
databases of information utilizing a unique skill set of spreadsheet and
relational database expertise; assist in the assessment of the pricing
impact of all relevant senior management policy decisions, including
changes in products, underwriting policy, provider contracts, etc.;
ensure proper financial and reporting logic is provided to Information
Services and is responsible for subsequent user testing before
implementation. Ideal candidate will have 2+ years of actuarial health
experience and 2+ SOA exams. Salary $open. (PR5825) |
|
Medical
Economics Analyst opening in Connecticut. Support
medical operations, network operations, actuarial and underwriting
decision-making; design and develop unique methods to information
analysis which will allow senior management to draw conclusions about
the relative performance of products, providers, networks, partners,
etc., and to isolate the cost of care opportunities and the potential
for improvement. Specific responsibilities: conduct and coordinate
cross-functional analysis of health care data to identify trends,
explain plan results, and discover opportunities for plan improvement;
communicate findings to senior management and the appropriate
stake-holders particularly Medical Operations, Network Operations,
Actuarial and Underwriting; design, develop, and implement statistically
valid tests for internal and external assumptions for healthcare cost
savings. Design methods that take into account the justifiable causes
for variation in medical costs (age, sex, illness, severity, etc,) and
develop reports that summarize this information in a way that management
can use to make actionable decisions; contribute to planning by
determining what information is necessary to make valid decisions,
generating the necessary information, and analyzing the information and
making recommendations; work with Medical Operations, Network
Operations, Sales & Marketing, Operations, Actuarial and Underwriting to
determine appropriate information for corrective action management
reports; design and develop reports required to thoroughly understand
the cost of care opportunities including the top trend drivers so action
plans can be developed to address; prepare sophisticated financial
analysis of proposed contracting initiatives, including user-friendly
utilization and cost reports; work cross-functionally to develop,
refine, and implement the data warehouse reporting strategy; support the
initiatives of Medical Operations, Operations and Network Operations by
providing applicable data and guidance on measurement; identify
deficiencies in data quality and works cross-functionally to resolve.
Previous work experience in health care data analysis required
preferably within a managed care environment; must have experience,
training, or coursework in analysis and assessment of medical claims and
forecasting, knowledge of relational database principles including PCSAS
and MS-Office products (particularly MS-Access) are required. Knowledge
of Cogno, Powerplay, Upfront and Application development principles
preferred, excellent quantitative and analytical skills, knowledge of
medical terminology and coding methodologies required. HCPC, CPT, RBRVS,
Diagnosis (ICD-9), DRG's required and 5 years of experience in the
design, development, and management of informational analysis tools.
Salary$open. (PR5826) |
|
P&C
Actuarial Analyst opening in
Southeast. Manage and run complex reports from databases,
and propose recommendations to Senior Management that impact upon the
profitability of the company. Build and maintain actuarial databases,
using computer skills which include proficiency in Microsoft Excel and
Access. Specific responsibilities: analyze data using various actuarial
models; provide recommendations to Senior Management that have impact
upon the profitability of the organization; work with Product
Management, Accounting, and/or other units of the company as part of a
team; develop new databases and spreadsheets for Senior Management.
Ideal candidate will have a minimum of
2 years of P&C actuarial
experience including knowledge of insurance products and of actuarial
principles, with 3 to 6 CAS exams passed. Salary $open. (PR5822) |
|
Financial
Projection Modeling Actuary opening on
West Coast.
Develop, maintain, and peer review financial projection models that
support various functions for annuities and mutual funds, including but
not limited to risk management, valuation, pricing, and financial
projection and planning. Ideal candidate has 3+ SOA examinations,
actively pursuing ASA designation, direct experience with variable
annuities, basic understanding in the areas of product designs,
financial reporting, and/or risk management, effective experience
developing and/or maintaining variable annuity models, preferably on the
MoSes financial projection platform; must possess sufficient technical
skills to carry through modeling/reporting projects as assigned with
relatively limited supervision, as well as detail-oriented and have the
ability to multi-task, with programming language experience including
spreadsheet and database software. Salary $open. (PR5821) |
| P&C ERM/DFA actuarial opening in New York. Responsibilities include ERM/DFA modeling (using Risk Explorer) for capital allocation and reinsurance ceded purposes, as well as pricing, reserving and other actuarial functions. Ideal candidate will be pre-ACAS through new FCAS with ERM/DFA modeling experience; Risk Explorer experience is ideal, not required. Salary $open.(PR5819) |
|
P&C
Actuarial Assistant opening in
California involving pricing of Workers Compensation, General
Liability, Property, Homeowners, Automobile, and Umbrella insurance.
Ideal candidate will have 2-5 CAS exams, 2-3 years of pricing experience
and be a self-motivated person who “thinks on his/her feet,” and is
detail-oriented. Salary $open. (PR5820) |
|
P&C Program
Actuary opening in
New Jersey. Assume
actuarial support for several programs; perform functions related to
pricing and monitoring performance of those programs. Specific
responsibilities include: conduct regular profitability reviews; perform
program-specific reinsurance placement analysis/assistance; analyze
program expansion; develop and maintain pricing monitor; manage report
development. Ideal candidate is
near ACAS through FCAS with at least 10 years of experience in the
property-casualty insurance industry, ideally program business.
Experience in professional liability or personal lines is a plus. Must
be proficient in Excel and Access and have strong analytical,
interpersonal and communication skills (both verbal and written). Salary
$open. (PR5815) |
|
Actuarial
Manager opening in
West Coast. Lead
a range of projects requiring actuarial modeling, including financial
planning, cash flow testing, illustration actuary support, GAAP
unlocking, TAS to MG-ALFA conversion. Opportunity to work on principles
based reserves, economic capital, reinsurance of UL secondary
guarantees. Experience with actuarial projection systems required, TAS
or MG-ALFA preferred. Life insurance modeling experience required,
preferably with a variety of general and separate account policy types.
GAAP reporting experience is not required but a plus. Manage 3-4
actuarial students. Salary $open. (PR5816) |
|
AVP, Product Actuary opening in
West Coast.
Highly visible role involving Annuity and Mutual Funds.
Responsibilities: oversee and manage the product pricing, product design
and ensuring the competitive positioning for the approval of new
products with speed to market, marketability and profitability as key
indicators of sales success, while balancing the inherent risks of
product design through future modeling; represent product design and
risk profiling in conjunction with profit/loss ratios to Finance & Risk
Management Committee, Annuities & Mutual Funds Senior Management and
Executive Management. Oversee the development and maintenance of the
product pricing guidelines within the acceptable GAAP/STAT parameters,
regulatory requirements and evaluate the product marketability based on
reserve requirements, RBC valuations, DAC, FASB and reinsurance
availability; lead staff responsible for developing an infrastructure to
create strong working relationships with the Marketing Product
Development Department, Actuarial Risk Management & Valuation Teams and
the Finance Team to anticipate the evolving needs for actuarial product
development services. Responsible for modeling and analyzing risk in
cooperation with the Marketing Competition Team, Advisory Groups and
Sales Management to develop a suite of products that support the
hedging/reinsurance strategies and support the ultimate goal of
profitable assets under management. FSA with 10-15 years actuarial
experience in the insurance, financial services, annuities or securities
industry, and minimum of 7 years pertinent actuarial experience, 7- 10
years experience in pricing annuity products and 3-5 years experience
managing a product pricing, product design/development department in a
variable annuity environment. Additionally the candidate must have at
least 2 years of experience interacting with product marketing staff in
conjunction with the product development process. Prior staff management
experience, including experience directing the work of technical
actuarial staff, is desirable. Salary $open. (PR5817) |
| AVP – Risk Modeling opening in Mid-Atlantic Region. Work in conjunction within the Life group management as a specialist primarily tasked with responsibility for providing effective partnership and oversight of line management’s measurement and management of market, financial and credit risk of the Life group. Specific responsibilities include: analyze in detail, products and programs; obtain and review reports and communications from business units; prepare and/or interact with internal risk reporting, economic capital, risk appetite and other related risk calculations; lead and coordinate the efforts of the Risk Modeling section; lead in researching new developments relating to market risk, credit risk, and asset/liability matching (ALM) while also consulting with other risk management generalists regarding more quantitative risk management practices within our asset management boutiques; design, implement and manage risk processes that provide an early warning of events or conditions that may impair the performance of the business, for example: complex hedging/investment strategies, asset liability matching techniques, risk committee reviews, in-force reviews, and new product assessment; design and monitor risk metrics that warn of emerging financial or operational threats, for example: actual to expected longevity / mortality / persistency analytics, cause of death analyses, product pricing case studies and risk management consulting regarding complex investment products sold to clients; lead cross-functional mitigation efforts for identified risks or unfavorable trends- develop risk mitigation strategies; resolve or assist in resolving ad hoc Risk Management issues such as reinsurance retention levels, catastrophic reinsurance purchases, the threats posed by life settlement practices, pandemics, etc. as they are identified. Ideal candidate has MBA with Quantitative Background, Masters in Mathematics, Statistics, Economics or related Finance field, 8+ years of relevant experience and experience with Excel, Access, Visual Basic, Word, PowerPoint, BondEdge, Bloomberg API and SAS. Experience in MoSes/Prophet, Crystal Reports, HTML, CS, MS SQL, ASP.NET, and .NET framework is a plus. Salary $open. (PR5818) |
|
Foreign Credit Actuary opening in
Mid-Atlantic Region.
Help manage efforts to support
actuarial functions of the Foreign Credit product line worldwide.
Specific responsibilities include: management of review of key pricing
and profitability assumptions – such as mortality, morbidity, and
expenses – and coordinating the updating of relevant pricing models,
with recommendations on the findings and suggestions; oversee required
actuarial valuation and financial reporting needs for the foreign credit
block; lead development of the New Product Business cases and pricing;
assist in the review of applicable reinsurance treaties and financial
projections; provide support in training of worldwide staff on Credit
Life technical issues as needed. Ideal candidate is FSA or near
FSA with a minimum of 5+ years experience in
an insurance related role, preferably with focus on group, credit, or
association/affinity type business; working knowledge of reinsurance
arrangements, with experience negotiating terms and conditions, is a
plus. Salary $open. (PR5796) |
|
Associate
Actuary opening in
New York.
Responsible for product pricing efforts and financial analysis related
to Life Insurance products; play an integral role in the product
development effort; be
involved in all aspects of getting the product to market – from defining
the product conceptually through pricing the product and ultimately the
product’s introduction; work closely with numerous areas throughout the
company, especially product managers, systems development/support teams,
marketing personnel, field directors, and filing team; involved with
inforce management and analysis; be exposed to a wide variety of life
initiatives. Manage staff of 1-2 actuaries. Ideal candidate is FSA with
minimum of 5 years of life product development experience, strong
technical and analytical skills, managerial experience, and good
modeling skills, ideally with PTS and/or Prophet.
Salary $open. (PR5797) |
|
P&C
Reinsurance Pricing Actuary opening in
New Jersey. Demonstrate
pricing accuracy and solid judgement in making pricing decisions;
involved in delivering profitable team experience results; cultivate
customer relationships and influence the top/bottom lines. Ideal
candidate is ACAS/FCAS with minimum of 7 years actuarial experience in
property & casualty reinsurance or large account pricing. Salary $open.
(PR5792) |
|
Financial
Actuary opening in
Southeast.
Responsible for monitoring the overall financial performance of Latin
America and other financial issues as well as for driving process and
infrastructure change for International Financial Systems overall.
Ensure that the Latin America region maximizes earnings and value of
inforce business; insure that new business is of high quality and is
consistent with stated strategies. Ideal candidate is an FSA with
commensurate experience in financial/business analysis; an experienced
leader and financial executive who is energetic, forward thinking and
creative with the highest ethical standards and an appropriate
professional image, ability to read, analyze and interpret all
reinsurance financial documents.
Bilingual (Spanish, Portuguese) a plus.
Salary $open. (PR5793) |
|
International Modeling Actuary opening in
Southeast.
Implement the international actuarial modeling function, and ensure that
required valuations of international reinsurance business are performed
in a timely, accurate and transparent manner.
These required valuations include Embedded Value, Value of New
Business, Economic Capital and the annual budget process for entities
that underwrite International Reinsurance business; effectively
communicate all modeling, valuation results and financial impacts;
represent International Reinsurance interests with respect to emerging
actuarial modeling issues; ensure changes in actuarial modeling
valuation requirements are communicated to key business unit and
financial staff. Consult with business unit leaders and CFOs regarding
the impacts of these valuation changes on reinsurance products and
services and related strategies for responding to these changes; monitor
and maintain a complete set of all actuarial assumptions and
methodologies used in pricing and valuation processes; effectively
document and communicate to management; maintain an effective control
environment for actuarial modeling. Strong collaboration and engagement
with the Regional CFO’s, pricing actuaries and experience analysis unit
will be essential to assure appropriate controls are in place; achieve
continual improvement of valuation processes by a combination of
continuing education and professional growth. Ideal candidate is FSA,
FCIA or equivalent with 5 or more years in an actuarial or financial
role and minimum of 3 years of actuarial modeling experience. Salary
$open. (PR5794) |
|
Senior
Financial Actuary opening in
Southeast.
Responsible for
actuarial activities associated with: Embedded Value Analysis, Cash Flow
Testing, VOBA/DAC Recoverability Test, updating of existing
valuation/projection models, building models for valuation/projection
for incoming new business;
assist in other actuarial
activities associated with Statutory, Tax, GAAP and IFRS valuation; work
closely with Accounting, Operations, Product Management and IT. Ideal
candidate is ASA/FSA with 5+ years of actuarial experience
including, Statutory, Tax and GAAP reporting, and a good knowledge of
FAS60 and FAS97 accounting requirements.
Salary $open. (PR5795) |
|
Pension
Actuarial opening on
Long Island. Ideal candidate will have 2+
actuarial exams with at least 1+
years of Defined Benefit or Defined Contribution experience. Salary up
to $60’sk. (PR5786) |
|
Non-exam
tracked Actuarial opening in
New
York.
Responsibilities: Actuarial and Financial Assignments;
Prophet Modeling Standards;
Prophet Administration. Ideal candidate will have strong technical and
analytical skills, 7+ years of life insurance experience; actuarial
exams a plus. Salary $ 90k-$115k. (PR5787) |
|
P&C Actuarial Assistant
opening in
New Jersey. Assist with performing
various rate and/or reserve analyses and preparing management reports;
perform other projects and assignments as directed. Specific
responsibilities: assist in analyzing
rate and/or reserve data; prepare rate filings; assist with the
preparation of special reports and data compilations; assist in the
maintenance of automated systems; assist in the analysis of Company and
industry experience; assist in preparation of competitive analysis. At
least 1 recent CAS exam; actuarial internship or actuarial experience
required, as well as experience with Microsoft Excel and/or Access.
Salary $open. (PR5782) |
|
International/Domestic (50%/50%) Pension/Employee Benefit Actuary
opening in
New York/New Jersey.
Provide retirement and other employee benefit services to
domestic and international clients. Ideal candidate is FSA, ASA, EA, or
other similarly credentialed retirement actuary with both domestic and
international experience. Health & Welfare and Compensation
experience are pluses. (PR5775) |
|
International
New Business Actuary opening in
East Coast. Responsible for supporting the
development of new business initiatives for Life, Annuity, A&H, Credit,
etc. line of business. Research and develop new distribution channels,
products and services. Specific responsibilities include: Monitor
trends and customer needs and analyze products, markets, and
distribution methods to identify opportunities and develop solutions;
develop product solutions which recognize country specific cultures,
customer needs, distribution preferences, regulatory/tax environments,
demographics, savings/risk preferences, etc. while producing desired
effect on key metrics; identify success stories, share best practices
and leverage products in other countries and with other distribution
channels, package products to meet specific needs by market and
determine “next generation” products by anticipating changes in needs.
Travel may be required approximately 20% of the time. Ideal candidate is
ASA, FSA, FIA or equivalent with a minimum of 7 years of insurance
experience and a proven track record of success in developing products
to meet customer need, experience working directly with marketing teams
in the development of innovative product features; international
experience with a background using actuarial software (ideally ALFA) a
plus, ability to effectively communicate with both technical and
non-technical staff; adept at translating technical information into
business language, ability to build relationships across cultures and
geographies, exposure to a
broad range of product types: Life, A&H, Accumulation, Pension, Credit
and/or Employee Benefits. Salary $open. (PR5767) |
|
Accident &
Health Actuarial Analyst opening in
New Jersey. Provide
actuarial support for employer stop loss, travel insurance, college
accident and sickness, various student and blanket special risk
products, provider excess loss, HMO reinsurance, dental, prescription
drugs, organ transplant, limited medical including mini-med and short
term medical. Specific responsibilities include: pricing, financial reporting, experience
analysis, etc. Ideal candidate is pre-ASA with strong financial
analysis background, analytical skills and proficiency in health
products. Salary $open. (PR5770) |
|
P&C
Actuarial Student opening in
Connecticut. Responsible for providing pricing support for
Professional Liability products (Architects and Engineers, Lawyers, Real
Estate Agents, and other miscellaneous Professional Liability coverages).
Specific responsibilities include: rate monitoring, metrics reporting,
strategic analyses supporting planning process, underwriting support,
including maintaining rate models used by underwriting, support for
reinsurance, support for IT initiatives, rate filings, and ad hoc
pricing analyses. The ideal candidate will have 1-3 years of P&C
experience and be able to communicate actuarial concepts and analyses
effectively with other actuaries, underwriters, claims managers and IT
professionals. Strong communication skills are very important in
this role. Salary $open. (PR5769) |
|
Principal Consulting Actuary opening
in
California.
Manage large sophisticated DB accounts as well as staff. Ideal candidate
is FSA
(will consider career ASA/EA as well) with 20-25 years as a
Consulting Actuary, ideally
one who understands the California, Nevada and Utah market. Salary
$open. (PR5765) |
|
P&C Actuarial Manager opening in
Midwest. Serve as IABA
liaison. Responsible for
aligning with and contributing to corporate growth and profitability
objectives by identifying pricing opportunities which will generate
profitable market share growth in assigned states; establish and deliver
an integrated pricing strategy for each assigned state; lead a team of
5-20 actuarial students in the development of the pricing strategy;
establish a successful partnership with the State Manager in order to
improve the effectiveness of business decisions; partner with other
functional departments to create and implement leading products with
improved speed to market and better overall customer and agent
satisfaction; review external trends affecting the entire industry
within the state(s) and appropriately reflecting them in pricing;
prioritize potential changes to generate profitable market share growth
over the long term; establish timely integration and delivery of planned
changes to the marketplace; develop and implement an effective
communication process; partner with Legal to establish a good working
relationship with each Department of Insurance; pursue a current
understanding of strategic initiatives across the company; coordinate
decisions and communicate with other actuaries and State Managers to
shorten the learning curve and enable quicker impact; foster and
implement non-traditional decision making; educate and develop employees
both within and outside of Pricing on the economics of insurance and the
fundamentals associated with making sound business decisions; maximize
professional development, personal contribution, and performance of
employees. FCAS or near FCAS with 8-10 years (will consider less
experience if candidate has the potential to progress to leadership
role) of relevant experience in progressively more responsible
roles, with at least three to five years of general
management/leadership experience, knowledge
and expertise including: extensive pricing and
insurance regulation knowledge, with working knowledge of personal lines
underwriting and product offerings; comprehensive understanding of the
Actuarial Standards of Practice and Statement of Principles; advanced
knowledge about business in general and seasoned, in-depth,
multi-dimensional knowledge of industry and company economics; ability
to develop and/or revise business tactics to support changing business
strategies and direction; ability to analyze and interpret complex
concepts; ability to
measure, evaluate, and act on results (financial and operational);
ability to develop and implement pricing programs for assigned states;
ability to provide written and oral interpretation of highly
specialized terms and data, and can present this data to others with
different levels of expertise; ability to manage/lead a group of
employees; ability to concentrate on a wide range of loosely defined
complex situations, which require application of creativity and
originality, where guidance and counsel may be unavailable. Salary
$open. (PR5764) |
|
P&C
Actuary opening in
New
England.
Newly created position to drive state specific improvements in
Workers Compensation claim outcomes, evaluate and monitor state reforms,
help identify cost drivers and potential opportunities to reduce costs,
and improve the company's understanding of claims related issues and
implications on pricing, reserving, operations, and financial results.
Primary responsibilities include: analyze claim outcomes, drivers of
loss trends, and deviations from expectations in key states and use this
information to help the company respond appropriate to such trends;
evaluate and monitor Workers Compensation reforms, communicate the
expected and actual impacts throughout the organization; build and
maintain tools to facilitate such reform analyses; support development
and implement state specific programs and tools and provide impact
assessments of such programs once implemented, incorporating actuarial
analyses and predictive modeling into such work as appropriate;
facilitate knowledge sharing between the various Claims and Actuarial
groups so that this knowledge can be used to improve pricing, reserving,
operations, and financials; help drive public policy and support public
affairs and reform initiatives on claims related issues; manage a small
staff of actuarial analysts and/or business analysts. Ideal candidate is
FCAS or soon-to-be FCAS with at least 5+ years of workers compensation
experience, ability to work
effectively with multiple management teams on complex business issues,
strong analytical skills with solid understanding of actuarial
techniques, insurance operations, and claims operations, ability to
interpret results and propose recommendations based on findings. Strong
statistical background desirable. Salary $open. (PR5629*) |
|
P&C Actuarial opening in
Ohio.
Contribute towards expanding actuarial services in areas including
predictive modeling, pricing, and competitive analysis; work with
personal and commercial lines of business; assist with supporting
documentation for regulatory filings of rates; and advise internal
customers (i.e., underwriting, sales, claims, and accounting) as needed.
FCAS/near FCAS designation with 5+ years of related experience,
especially predictive modeling experience is ideal. Salary $open.
(PR5749) |
|
Predictive
Modeler opening in
Ohio. Develop
and maintain predictive models for commercial and personal insurance;
develop reserve, DFA and ERM models. 2+ years
of P&C actuarial experience is required and 4+ CAS exams are preferred.
Strong skills in multivariate predictive models are required and
experience in commercial lines is preferred. Experience in the use of
SAS for data handling and model development and with other
statistical tools and with large data sets is
beneficial, though not required.
Salary $open. (PR5750) |
|
Exciting FSA
opening in Midwest focusing
on Variable Annuity and Indexed Annuity Hedging. Ideal candidate will be
FSA with 5-10+ years of annuity hedging experience. Salary $open.
(PR5727*) |
|
Actuarial Associate opening in
New England.
Provide actuarial support in valuation, financial reporting and
other actuarial activities. Specific responsibilities include: assist in
integration of new blocks of life and/or annuity businesses into
existing infrastructure; recommend and make process improvements;
complete periodic reporting requirements; maintain actuarial systems;
interact with other departments or organizations on actuarial matters.
ASA
with at least 5+ years of relevant experience. Salary $open. (PR5721*) |
|
Health
company seeks their first Actuary! Chief Actuary opening for Disease and
Utilization Management company in
Florida.
Responsible for the manipulation, analysis, and communication of data
for leadership team, clients, and vendors. Specific duties
include: analyze claims information and apply underwriting principles to
the data for modeling of various pricing scenarios and ROI; perform
mathematical and statistical analyses and actuarial modeling in support
of clients' needs; identify and/or develop related software, tools, and
data analyses necessary for the completion of projects; identify and
analyze internal and external factors which affect statistics for use in
forecasting, trending, and rate models; design specific actuarial
studies and research projects as requested; and assume a lead role in
contract analysis, projections, and strategic planning support. FSA or
ASA with a Bachelor's degree in Business, Mathematics, or a related
field (Masters preferred); 6+ years of experience in the healthcare /
managed care industry; strong analytical skills with the ability to
design strategic plans, implement operating goals and objectives, and
accomplish desired results; highly computer literate and detail
oriented; professionally skilled in personal presentation, verbal, and
written communication; and meticulous organizational skills.
Salary $open. (PR5708*) |
|
Health
Actuary opening in
Pennsylvania. Manage the Actuarial Student
Program Department, be responsible for the financial soundness from the
actuarial and underwriting policy perspective; actuarial expert and
external participant throughout the industry and be expected to provide
clear and concise explanations of complex technical matters to
executive, government officials, shareholders, board members, policy
holders and the public; participate in strategy discussions regarding
development of new products, services and companies; coordinate
corporate objectives with projected financial outcomes of new products;
provide actuarial support for any new venture development; initiate
discussions of new product development and present ideas to upper
management; make final decision on any rate impact associated with new
products; review and comment on underwriting guidelines for new
products. ASA or FSA with at
least 7 years of
healthcare leadership and
management experience. Salary $open. (PR5704*). |
|
Personal Lines Analyst opening in California. 1-4 years of P&C experience with at least 2-5 exams. Salary $open. (PR5703*) |
|
Commercial Lines Analyst opening in
California.
1-4 years of P&C experience with at least 2-5 exams. Salary $open.
(PR5702*) |
|
Associate Actuary opening in New York.
Responsible
for all product pricing and financial analysis related to Annuity
Investment Products (Variable Annuities, Fixed Deferred Annuities and
Structured Settlements). Agent compensation and financial management
experience would be a plus, as would some knowledge of equity, interest
rate and credit risk quantification, stochastic processes and multiple
financial pricing measures; strong written and verbal communication
skills; ability to handle multiple tasks and shifting priorities; strong
technical and analytical skills; experience with Access, Bloomberg, PTS,
Prophet, Visual Basic, and @Risk; ability to handle multiple tasks and
shifting priorities; must be able to plan, control, memorialize
decisions and see projects through to completion; able to balance
regular monthly and weekly rate setting and reporting responsibilities,
ad-hoc special sales and pricing requests and longer term product
development and pricing work; strong ability to communicate well with
and work as a team with product managers, sales and retirement income
specialists, internal financial officers, investment managers,
programmers and outside vendors and consultants. FSA or near FSA. Salary
$open. (PR5701*) |
|
Senior Consultant, Research & Modeling opening in
New England. Provide technical and quantitative analysis for predictive
modeling group; bring business and insurance knowledge to mathematical
problems; assist in statistical data mining and other actuarial research
by applying advanced statistical concepts with guidance from senior
predictive modeling staff; use computer technology, computer modeling,
spreadsheet applications, software tools and programming languages;
model and analyze statistical data and develops reports, spreadsheets
and databases; designs, writes and tests computer programs in model
building. Specific duties: conduct research and predictive modeling;
interpret data and identify correlations using both univariate and
multivariate analysis; prepare responses to inquiries from business
areas; investigate and assist in data analysis; assist in summarizing
results; perform programming in SAS, Excel, Access or company software
to perform modeling activities; offer recommendations to improve
analyses; participate in discussions regarding underwriting strategy.
Ideal candidate will have 3-5 years insurance experience or advanced
statistical (or related) degree with 1 to 3 years of work experience,
solid understanding of database principles, strong experience in
quantitative analysis, strong time management skills (works well with
somewhat limited guidance), basic understanding of predictive modeling
statistical methods. College degree in statistics, mathematics,
economics, finance, actuarial science or equivalent. Solid understanding
of computers, Excel spreadsheets, Word and database software, basic
understanding of programming (any language) as well as aptitude and
desire to learn SAS. Salary $open. (PR5699*) |
|
Director – Research & Modeling opening in
New England. Provide technical and
quantitative analysis for predictive modeling group; bring business
knowledge to help creatively solve business problems; assist in in-depth
efforts applying and implementing predictive modeling results; direct
analysts in research and predictive modeling projects; assist in
statistical data mining and other actuarial research by applying
advanced statistical concepts; use computer technology, computer
modeling, spreadsheet applications, software tools and programming
languages; assist in designing reports to enhance analysis; design,
write and test computer programs in model-building; participate in and
may be responsible for projects requiring advanced statistical analyses,
innovative research, mathematical calculations and technical skills; may
direct projects that have significant financial impact and may present
to senior level management. Specific duties: conduct research and
predictive modeling; interpret data and identify correlations using both
univariate and multivariate analysis; participate in discussions
regarding underwriting strategy; communicate results and their
implications to business centers; prepare responses to inquiries from
business areas; oversee programming in; SAS, VBA, Excel, Access or
company software; participate in and/or is responsible for advanced
projects; present findings to underwriting and actuarial management;
provide assistance and supervision to less experienced staff.
Ideal candidate will have 5-7
years of research, modeling or actuarial experience; statistical
modeling and data mining techniques (GLM, clustering, decision trees,
etc), strong understanding of insurance related modeling and data.
Knowledge of insurance products and operations, basic
understanding of accounting principles and solid understanding of
financial reporting, basic understanding of regulatory environment.
College degree in statistics, mathematics, economics, finance,
actuarial science or equivalent; advanced degree in statistics (or
related) or professional actuarial designation a plus. Salary $open.
(PR5698*) |
| On-Line Marketing Analytics Director opening in New England. Responsible for leading the company’s efforts to apply predictive modeling to online marketing in support of the Direct-to-Consumer distribution channel. Combine knowledge of online marketing mechanics (including paid search, organic search, and display) with advanced statistical tools to enable the company to dramatically improve marketing efficiency. Also, determine ways to optimize the online quoting experience; have the opportunities to work along side credentialed actuaries, Ph.D.’s from a variety of technical fields, Chartered Financial Analysts, and others. Specific duties: conduct research and predictive modeling related to online marketing and web analytics; work with business partners to set online marketing strategy; analyze business profiles based on impressions, click-throughs, quoting, and issuing behavior; interpret data and identify correlations using both univariate and multivariate analysis; communicate campaign results and their implications to business partners; oversee programming in SAS, VBA, Excel, Access or company software; participate in and/or responsible for advanced projects; present findings to business leaders and R&D management; provide assistance and supervision to less experienced staff. Ideal candidate will have College degree in Mathematics / Computer Science / Statistics / Engineering and other related fields, 3+ years of research and/or predictive modeling experience, ability in statistical modeling and data mining techniques (GLM, clustering, decision trees, etc.), strong understanding of online marketing and web related modeling and data, basic understanding of accounting principles and solid understanding of financial reporting. Salary $open. (PR5696*) |
|
Commercial Accounts Regional Actuary opening in
New England. Provide strategic
actuarial decision-making analysis and guidance to designated Commercial
Accounts regions and underwriting offices pertaining to pricing,
profitability and business plan goals at an account, book portfolio and
line of business level. Be the actuarial advocate/stakeholder for
line of business strategies driving profitability for Commercial
Accounts. Specific
responsibilities: profitability of one or more regions for Commercial
Accounts; work with regional management to ensure adequate portfolio
pricing that produce results consistent with the regions growth and
profitability objectives; perform segmentation analysis to determine
best/worst performing areas of the assigned region(s), and recommend
strategies for growing/correcting those areas as appropriate; provide
actuarial input and guidance to the planning process for the assigned
region(s); conduct actuarial analysis to examine the effectiveness of
existing underwriting and pricing strategies in the assigned region(s)
and communicate results of the analysis to regional management and
Middle Market Product and Loss Analytics actuarial teams; identify and
address training needs of field employees in actuarial concepts,
underwriting tools, and pricing models; work with Account Executives to
appropriately price individual large accounts where necessary (using
either guaranteed cost or loss sensitive products) to achieve the
regions profitability and growth goals. Member of the Casualty Actuarial
Society, with a minimum 6 years of Property/Casualty insurance
experience. Salary $open. (PR5694*) |
|
Bond and Financial Products Pricing Actuary opening in
Midwest. Provide analytic and
actuarial analysis for financial products (including D&O, E&O, EPL,
Fiduciary Liability, etc.) and traditional Property and Casualty
(Property, GL, Auto) products to insureds in the financial services
industry including banks, insurance companies, and investment
professionals; interact with underwriting, product, and claim areas
including senior management.
Specific duties: complete profitability assessments and work with
product managers to develop an appropriate strategy based on that
analysis; develop and revise rating plans; develop and maintain product
pricing models; provide portfolio review support; manage at least one
actuarial student. Must be able to balance a large number of projects
from various sources and help determine priorities; provide actuarial
support for management liability products requiring a variety of
techniques to deal with a high severity line with many unique
characteristics. Ideal candidate is FCAS with related pricing
experience. Salary $open.
(PR5692*) |
|
Mid-Market Actuarial Loss Analytics Property Actuary opening in various locations. Responsible for developing unbiased estimates of loss content, and delivering leading indicators and business intelligence to Middle Market and Actuarial Senior Leadership; conduct loss reserve estimates; estimate ultimate loss content for all Middle Market businesses and lines of business; complete the loss reserving process semi-annually for all lines and business, utilizing knowledge from the loss analytics process; understand drivers of loss content changes historically and provide estimates of future changes; provide range of analytics and insights for the selection of plan loss roll-forward estimates, including: basic, excess, cat, latent losses and loss trend; provide loss content estimates, ultimately at the account/line/coverage level, to be utilized in profitability analyses done by the Products, Business unit and predictive modeling groups; recognize and evaluate the impact of claims, underwriting and other internal process changes on loss estimates; understand and leverage data and analytics from across Middle Markets and the Enterprise; identify and utilize external econometric and legal indices in the loss estimation process. Specific responsibilities: estimate the ultimate loss content for the Property line of business and understand the drivers behind changes of those estimates over time; understand and communicate the variability of loss content estimates for Property; recommend and book reserves; communicate with Finance and appropriate units as required; evaluate the adequacy of loss, ALAE, and ULAE reserves; identify loss trends, both historical and prospective; work with Claims, Underwriting, and Pricing Actuaries to understand reasons for changes in loss content estimates and trends; work on issues related to catastrophe modeling, monitoring, estimation, and booking; work with reserving actuaries to evaluate and enhance tools, ensure proper data access, and support various processes performed by reserving actuaries; provide support for the creation of and on-going maintenance and enhancements of a granular ultimate loss content and trend information repository, with focus on the Property line of business; supervise and be responsible for the development of less experienced staff. Ideal candidate is ACAS or FCAS with 7+ years of product, analytic, or reserving experience in Commercial Lines. Salary $open. (PR5691*) |
|
Director, Rate Plan Administration opening in
Midwest.
Assume responsibility for the management of rate plans for all
Management Liability products; play an active role in managing the
administration of rating plans, from initial preparation of rate
plans and state filing exhibits to answering questions from state
insurance departments; in addition, manage the testing of all
implementations of rating plans, as well as the building of all the
Excel based rating plans and manages a team of 2 analysts.
Specific responsibilities: lead a
team that is responsible for rate filings, Excel-based rating tool
development, and testing of all rating applications; manage the rate
filing process; work with actuarial to prepare rate plans for filing;
coordinate with the pricing actuarial team on filings to ensure
efficient implementation of rate changes; design, build, and maintain
all our Excel-based rating tools; manage the testing done by actuarial
regarding all new implementations of rating plans; work with regulatory
to develop improved processes and workflows in the filing process.
BS in Actuarial Science, Math or Business preferred, actuarial
and financial analysis, project or personnel management experience.
Salary $open. (PR5690*) |
|
Economist opening in
New England.
Responsible for pioneering the integration of advanced
econometric modeling in the development of ultimate loss reserve
estimates for all lines of middle market business; work closely with the
Business, Product and Data units; develop unbiased estimates of the
ultimate loss associated with products sold; deliver leading indicators
and business intelligence to Middle Market and Actuarial Senior
Leadership; analyze external econometric legal indices and internal
claim process changes; lead the Loss Analytics economic modeling
efforts. Specific Responsibilities: Lead the development of econometric
analyses in Middle Market; identify key econometric drivers of covered
insurance losses for all lines of business; collaborate with Loss
Analytic actuaries to measure the impact of economic drivers and
implement processes to measure, monitor and reflect the impact of a
changing economic environment; communicate findings to Middle Market
Senior Management; research and identify key econometric measures that
demonstrate a correlation with business insurance losses; work with
actuarial colleagues to quantify the impact of changes in key economic
drivers; identify and utilize external econometric and legal indices in
the loss estimation process; recognize how external influences may
affect the claim, underwriting and other internal functions; understand
and leverage data and analytics from across Middle Markets and the
Enterprise; research and identify unique economic trends of specific
industry segments and work with actuaries and business professionals to
evaluate their impact on results; develop an understanding of the loss
estimation process and various functions within the insurance
organization; communicate and educate actuarial and business leaders on
the dynamics of the economic environment and its impact on ultimate
loss; apply advanced statistical concepts and data analysis methods in
innovative research and modeling; independently work on projects but may
direct additional analysts as required; assist in developing new
approaches to business problems using advanced statistical techniques
and indentifying new ways to apply statistical methodologies;
examination of the impact of unemployment on covered losses (e.g.,
Workers Compensation claims); identifying correlations of inflationary
metrics and insurance loss severity. Advanced degree (MA/PhD) in
economics or related discipline, 5+ years
of applied econometric analysis experience in an insurance company or
similar business environment and strong understanding of mathematics and
statistical concepts. Salary $open. (PR5689*) |
|
International Senior Actuarial Assistant opening partially in
United States and partially Abroad.
Provide actuarial support to International actuarial departments.
Learn International business and understand shared actuarial tools used
by International actuarial departments; spend approximately 6 months
abroad supporting International actuarial department(s); support
international actuarial analyses, including reserving, planning,
management reporting. Ideal candidate will have 3-6 Actuarial exams,
commercial lines reserving experience,
and experience with Excel, Essbase, data cubes and SQL. Salary
$open. (PR5688*) |
|
Health
Actuarial Analyst opening in
New Jersey/Pennsylvania.
Help gather and validate the data required for valuation and
participate in setting key actuarial assumptions.
Over time the role will expand to include broader financial
modeling and forecasting. Responsibilities: work with subsidiary finance
teams to gather all data required for valuation; help ensure that proper
controls are in place to prevent data transmission error; leverage
existing valuation models to create IBNR reserve estimates; help develop
new and improved valuation tools; calculate RAF accruals associated with
Medicare Advantage products; calculate interim and year-end liabilities
associated with Medicare Part D products; calculate ongoing provider
bonus payments and accruals; help analyze and explain differences
between financial reporting, actuarial reserves, and financial
forecasts; participate in Actuarial Student Program. Ideal candidate
will have passed at least 3 SOA exams and have at least 3+ years of
health plan experience; specific experience with valuation and financial
reporting, relevant Medicare experience preferred; knowledge of SQL
preferred. Salary $open.
(PR5668*) |
|
Economic Capital Manager opening in ISRAEL. Must have experience in
Economic Capital of either Life insurance and/or P&C insurance. Will
consider Actuary (credentialed or non-credentialed), Economist, or
Financier with applicable experience. Knowledge of Hebrew is plus.
Salary $open. (PR5667*) |
|
Pension Administration Project Manager opening in
Illinois.
Work as member of team responsible for
providing defined benefit administrative services to multiple clients
using proprietary software. The Project Manager is responsible for
overall management of administration clients, managing more complex to
significantly complex implementations, managing relationships with
client contacts, people management, and acting as a resource for more
experienced associates on technical issues, administrative questions and
people management issues. Specific responsibilities:
Oversee delivery of day-to-day
administration services to multiple clients; ensure the quality,
efficiency, and compliance of benefit calculations completed by the
team; manage special projects associated with defined benefit plans for
various clients (e.g. benefit statements, compliance issues, and plan
changes); respond to employer and escalated employee inquiries and
facilitate requests; maintain client databases; manage client billing
process; oversee monthly pension payments with trustee; responsible for
quality control of the client's pension calculation system; provide
expert knowledge of plan provisions and general DB issues; train team on
DB administration rules; act as a resource regarding technical
administration rules, delivery model questions, and people management
questions; accountable for overseeing the setup and testing of the
system for new clients according to the plan provisions and
administrative requirements; ensure that client delivery model is
consistent with the base model for clients; develop plan provisions and
administration documents; customize employee communication material;
consult with client on
pension plan provisions and options; consult with client on special
projects such as nonstandard benefit calculations, benefit statements,
changes to requirements, special programs or other administrative
requests; monitor and manage the client relationship; work with client
or Consultant to resolve billing/contract questions; consult with client
on billings for out-of-scope work; consult with client on defined
benefit rules or clarifications to the plan provisions; structure and
lead client meetings regarding ongoing administration or implementation;
develop creative solutions to unique problems raised during client
meetings; engage associates and developing associates to meet emerging
business needs; coach associates to work more effectively with their
team members; train new and existing team members; identify and
implement efficiencies for client teams and challenge their team to
constantly improve efficiency; ensure that the work is evenly
distributed among other team members and completed on time. Minimum of
9+ years of experience working with Defined Benefit
plans/administration. Salary $open. (PR5656*) |
|
Measurement Analyst opening in
Illinois.
Responsibilities: Analyze basic benefit
information to input and maintain Benefit Index Database; maintain
company demographic and contact information; use public sources to
verify company demographic and contact information; enter and maintain
status codes and permissions; enter and maintain benefit values; ensure
data accuracy and integrity through extensive proofing and
cross-checking of information, and proper understanding and use of
status codes and permission codes; generate benefit specification
reports from the database in response to requests from
actuaries, consultants, and clients; work with actuaries and Measurement
analysts to generate Benefit Index reports, including specs, notes,
numbers, displays, comments, and status reports; logically restructure
computerized formulas to achieve customized results for Benefit Index
reports; run and manipulate a variety of reports, data queries, and
Excel spreadsheets to track information within the database; respond to
simple requests in a timely and accurate manner; assist with mass
mailings (e.g., data update requests, marketing mailings, sales, etc.);
answer basic administration or procedural questions; perform basic
system/project trouble-shooting; coordinate small projects; help to
coordinate pieces of large projects with the Project Manager's guidance;
responsible for a small number of benefit specification updates, with
guidance; potential introduction (with direction) to benefit valuations;
potential introduction (with direction) to summarizing booklets and
calling clients with basic benefit questions. Bachelors
degree (mathematics/finance major or minor degree is a plus), with basic
knowledge of employee benefits, and basic knowledge of desktop
applications (e.g., Excel, Word, Adobe Acrobat). Salary $open. (PR5655*) |
|
Health
Management actuarial student opening in
Illinois.
Assist in strategy development and costing of scenarios related to
strategy discussions; work with client to identify relevant cost
measures; assist in benchmarking discussions with clients, including
strategy evolution as a result of benchmarking data; understand and
project savings/costs related to plan design or provider network
changes; set, and where appropriate review, health care budget rate for
self-insured plans; present results to client; review employee
contribution rate development; support FAS 106/112 claim cost
development assignments; perform IBNR reserve development; develop
models to evaluate cost-saving scenarios; mentor and delegate work to
other actuarial students as appropriate; seek and provide peer review to
ensure high quality client deliverables; develop general consulting
skills, knowledge, and exposure Value retiree plans for the purpose of
complying with Medicare Part D regulations, including calculating
Medicare Part D Subsidy and Actuarial Attestation. Near ASA to FSA with
4-8 years of actuarial work experience.
Salary $open. (PR5654*) |
|
Pensions Actuarial Consultant opening in
Multiple Locations throughout US (Northeast, Midwest, South,
etc.).
Use analytical and communication skills to help clients with the
design, financing, and administration of retirement (and other) benefit
plans; calculate and review contributions necessary to fund defined
benefit pension plans; calculate and review annual accounting expenses
necessary for post retirement and termination benefits; lead most
routine (i.e. valuation results) meetings (including preparation of
materials); moderately leverage through coaching and training less
experienced consultants and delegate work to them; look for
opportunities to build business with current clients; work
collaboratively with consultants from other lines of business; manage
all aspects of actuarial valuations; assist with plan design strategy
and implementation, mergers/spinoffs/acquisition strategies,
negotiations, accounting, window design/strategy etc;
gain deep understanding of regulatory and legislative rules;
certify individual benefit calculations, liaise with administrators when
appropriate; understand plan documentation and relevant legal and
regulatory requirements. Multiple openings for near ASA/EA through FSA
with 2+ years of pension consulting experience. Salary $open. (PR5645*) |
|
Health
Management Actuarial opening in
Texas.
Create analysis tools to be leveraged
by all Health Management (HM) actuaries; function as lead HM consultant
and/or lead actuary for several large annuity HM clients; spearhead
technical contributions to client/promotional activity, help respond to
bid situations; lead responsibility for all financial calculations for
key HM clients; leverage work to multiple HM group actuarial resources;
interact with other lines of business on key issues affecting many
clients (e.g., FAS 106 claim costing assumptions with RFM LOB, HRO
team); manage or mentor several HM associates; formulate standards of
practice for financial analysis with health care vendors and HMOs;
support Client Development for medium and large clients; contribute to
intellectual capital of the firm by developing and sharing tools, new
approaches, and best practices; seek and provide peer review to ensure
high quality client deliverables. Involved with: RFPs (medical, dental,
life, etc), FAS 106 development, IBNR, HRO rate delivery, Medicare Part
D attestations, and M&A projects.
Contribute knowledge to internal initiatives (e.g., training, model
development, etc.), develop client, people, business, and/or thought
leadership skills and exposure, sign Actuarial Opinions and lead
analysis behind them, if qualified. FSA (or career ASA)
with 10-15 years of healthcare consulting experience. Salary
$open. (PR5641*) |
|
Professional Liability Actuary opening in
New Jersey.
Coordinate global product reviews for Professional
Liability by coverage (D&O, E&O, EPL,
Fiduciary and Fidelity); assist with the coordination and analysis of
Professional Liability's annual reinsurance programs; review MGA price
monitoring; develop and maintain rating plans and rating modules; review
and update pricing tools; analyze trends by industry and market
capitalization; provide quarterly renewal price monitoring process;
continue to expand the depth and scope of quarterly price benchmarking
and price monitoring efforts and mechanize the process where possible;
provide quarterly price benchmarking (new and renewal); support
auditors’ quarterly analysis of reserves and capital career allocation
data requests; analyze new business opportunities for global
professional lines; coordinate all quarterly statistical reporting
related activities for liability lines as well as external Professional
Liability requests (e.g., AM Best). Ideal candidate is ACAS or FCAS with
at least 10+ years of prior experience (most of which must be recent
Professional Liability) in an insurance/reinsurance company, able to
manage interpersonal relations and communicate effectively. Salary
$open. (PR5634*) |
|
Individual Life Pricing Actuary opening in
New York. Responsible
for assisting various life product development teams with pricing
efforts and special projects; exposed to wide variety of life
initiatives and working with Senior Management and will play an integral
role in the product development effort; keeping abreast of all
regulatory changes that will impact core products (i.e.PBR); work
closely with numerous areas throughout the company, including but not
limited to inforce management.
FSA with life product development experience would be a plus and
strong technical and analytical skills. Salary $open. (PR5630*) |
|
Pricing
Actuary opening in
Southeast.
Responsible for taking a lead role in pricing efforts for Latin America
business, assuring that pricing processes are properly defined,
implemented, and executed; requires a close working relationship with
all Latin America employees, as well as other pricing, valuation,
contracts, and operations areas; oversight of product development
efforts and the development of pricing bases to support key strategic
initiatives will also be responsibilities for this position. Specific
responsibilities: client experience and mortality assessment; pricing
risk assessment and assumption setting; optimization of product and deal
structures; identification and quantification of risks in the proposed
transaction and identification mitigating structures or strategies;
maintaining strong partnership with deal team, marketing actuary,
account executive, and client; creation of pricing reports adhering to
International standards of best practice in a timely manner; ownership
of analytical studies used to develop pricing bases for key risks and
incorporation of new internal and external experience information to
keep them properly updated; ownership of at least one area of retail
product pricing expertise to assist with knowledge management and client
support; participate in or lead project assignments such as assumption
revisions, new legal entity and deal structures, and product
development; assist other departments on various corporate projection
work (e.g., budget projections, VNB, etc.); communicate effectively with
pricing, marketing, product and senior management staff on deal status,
expectations, strategy, and pricing assumptions; prepare and maintain
workflow and pricing assumption documentation to satisfy all customers
of the pricing process (Sales, Actuarial, Financial, Operations). FSA
with at least 5 years of life actuarial experience, including two years
or more in a pricing and product development role; reinsurance industry
experience preferred and a solid analytical skills with strong problem
solving ability. Working knowledge of Spanish a plus. Salary $open.
(PR5631*) |
|
Latin
America Marketing Actuary opening in the
Southeast.
Collaborate effectively with the Country managers to ensure that the
need of clients for compelling reinsurance solutions is reliably
connected with risk and pricing standards, both within the deal process,
and in prior planning activity to position the business for success in
its chosen markets; timely assessment of potential transactions for
their "strategic fit", the active influencing of the negotiation process
to ensure that a win-win solution is achievable, and the successful
implementation of any won transaction through the new business
acquisition process; collaborate with the pricing team to ensure that
deal pricing and risk assessment is completed to develop best estimate
pricing within client timeline commitments; ensure that local market and
client intelligence is effectively integrated into the pricing process;
deliberately seeks to continuously improve his/her own and the
transaction team's understanding of local market conditions, including
technical reserving and risk capital requirements, taxation, reinsurance
regulation, product and distribution channel innovations; gain deal
approval from internal risk committees; support country managers and the
leader for Latin America business development in presenting, selling,
and negotiating transactions; support the effectiveness of the New
Business Acquisition process across the International business'
functional areas. FSA or equivalent technical skills base, manage work
commitments across projects and in managing across the team to develop
priorities that make sense for the business, 30% travel component.
Spanish/Portuguese language skills in hand, otherwise willingness to
acquire is needed. Salary $open. (PR5632*) |
|
Group Life Reinsurance Marketing Actuary opening in
Connecticut/New York.
Responsibilities include:
understand the
re/insurance market and clients needs therein with both face-to-face
interaction and data analysis; prepare reinsurance proposals, work
closely with underwriting and costing actuaries; minimize distribution
risk for appropriate opportunity targeting and pricing of those
opportunities; work closely with Client Managers to negotiate price and
terms and understand competitor actions and behavior; manage the quote
process with a focus on meeting client expected delivery timelines;
manage treaty preparation and turnaround times within client and
requirements; leverage client knowledge to identify, investigate, and
resolve issues with business that is believed to be performing other
than originally expected; build and maintain strong relationships with
other departments within the company to facilitate the resolution of
potential business issues; when available, assist with projects to
improve the pricing process and understanding of the business. Specific
responsibilities include: work closely with account executives and build
relationships with potential clients and functional experts to ensure
effective delivery of products and services; participate in account
meeting with Client Managers; work with underwriting and costing
actuaries to accurately cost risk of clients’ new business; propose
pricing schemes that minimize distribution risk; negotiate price and
treaty terms; manage of both quote and treaty turnaround times;
understand market and client needs, including monitoring competitor
behavior. Candidate must be FSA with a minimum of 5-7 years experience
in actuarial position with emphasis on market pricing, knowledge of
actuarial concepts and principles, and ideally by having 5+ years of
reinsurance pricing and/or marketing experience. Salary $open, (PR5627*) |
|
Associate
Actuary opening in
Northeast.
Provide pricing and product development support for group life insurance
products; work closely with other members of the actuarial staff, with
financial underwriters, with product management, and with account
management. Specific responsibilities: experience studies; involvement
with asset adequacy testing for group products; gain/loss studies for
various group life products; account case-specific projects, including
pricing and product development; analysis of group insurance investment
results, and working with the investment portfolio manager on
opportunities to improve results. ASA with minimum of 3 years actuarial
experience, strong quantitative background and experience with group
insurance products a plus. Salary $open. (PR5624*) |
|
Associate Actuary opening in
Greater New York. Be part of the
Individual Annuity Hedging team in the Actuarial unit of Annuities,
which is responsible for the analysis and updating of key liability
measures for variable annuity capital market guarantees to facilitate
the hedging of these risks; provide the analysis to support the modeling
of the hedging strategy for the valuation group for cash flow testing,
RBC C3 Phase2, and planning; provide monthly GAAP FAS157 embedded
derivative liability values; provide analysis and option costs for new
variable annuity capital market guarantees under consideration. Serve in
IA Hedge team’s quantitative sub-group, which is responsible for
directing and testing updates to the valuation system for enhancements
and the addition of new products; aid in the development of models to
evaluate and price new VA guarantees, to build and test scenario
generators, and to assist any other quantitative and model work
regarding the hedge group’s activities. Actuarial
exams through course C desired, model building using Access and Excel
(VBA), strong quantitative and analytical skill, prior experience with
TAS, MoSes, MG-ALFA or similar actuarial modeling software is would be
helpful and annuity and/or
hedging experience is a plus. Must be willing to quickly develop
in-depth knowledge of annuity product designs and optional benefit
features as well as capital market instruments (options, swaps, futures,
etc.) and hedging concepts. Salary $open. (PR5623*) |
|
Sr.
Actuarial Associate opening in
Connecticut.
Prepare annual actuarial valuations, government filings and FAS 87
disclosures for Defined Benefit clients' plans for both outsourced and
non-outsourced plans; provide information requested by accountants in
connection with plan audits; prepare necessary information requested by
the IRS such as cost limitations under various scenarios of the Internal
Revenue Code. Strong PC skills, communication skills, and some DB
analytics background required. Salary $open. (PR5622*) |
|
Sr.
Actuarial Associate opening in
Northeast. Involved
in evaluating contingent risks, such as mortality/longevity risks,
morbidity risks, accident risks, asset-liability matching risks, and
expense risks. Specific responsibilities: perform pricing and product
development; valuation and financial reporting or research and support;
coordinate, prepare, and perform actuarial analysis to assist various
business units in the Retirement segment on reserve and financial
forecasts used in actuarial recommendations and reporting; work with the
business units to prepare actuarial response and communication of
results of actuarial research to Finance Unit; provide consultation and
clarification on actuarial models and risk issues; maintain
documentation of actuarial analysis, and may assist in preparing the
actuarial portion of financial reports and tax returns, and responses to
insurance regulators; familiar
with the development of reserve programs and financial forecasts.
Life Contingency part of SOA actuarial exam is a plus and thorough
knowledge of actuarial statistics and assumptions used for modeling
cost, risk and revenue trends. Experience in reserve valuation and
knowledge of group annuity products would be helpful. Salary $open .
(PR5621*) |
|
Actuarial Associate opening in
Greater
New York. Be part of the Individual Annuity Hedging team, which is responsible for
the analysis and updating of key liability measures for variable annuity
capital market guarantees to facilitate the hedging of these risks.
In addition, responsible for providing the analysis to support
the modeling of the hedging strategy for the valuation group for cash
flow testing, RBC C3 Phase2, Economic Capital (EC) and planning.
Also, team is responsible for providing the monthly GAAP FAS157
embedded derivative liability values; play an important role in the
product development process for variable annuities by providing analysis
and option costs for new variable annuity capital market guarantees
being considered. Specific responsibilities: serve in IA Hedge team’s
valuation sub-group, which is responsible for supporting monthly,
weekly, and daily liability valuation and providing supports for
enterprise wide EC project; also be required to aid in the development
of a robust attribution analysis for liability value movements and
streamline the EC valuation process.
This is an exciting opportunity for this position to have an
influence on the development of the hedging program. Passed at least 2-3
actuarial exams, strong skills in model building using Access and
Excel (VBA),
quantitative and analytical skills, previous
experience with TAS, MG-Hedge or similar actuarial modeling software
would be helpful and experience in varible annuity and/or hedging is
desired. Salary $open. (PR5620*) |
|
Associate
Actuary opening in
Greater
New York.
Be part of the Individual Annuity
Hedging team, which is responsible for the analysis and updating of key
liability measures for variable annuity capital market guarantees to
facilitate the hedging of these risks. In addition,
responsible for providing the analysis to support the modeling of the
hedging strategy for the valuation group for cash flow testing, RBC C3
Phase2, Economic Capital (EC) and planning, providing the monthly GAAP
FAS157 embedded derivative liability values. The unit plays an
important role in the product development process for variable annuities
by providing analysis and option costs for new variable annuity capital
market guarantees being considered. Specific responsibilities:
participate in developing and maintaining in-house hedging strategy
testing platform, which involves stochastic projections, risk-neutral
liability valuations, derivative pricing and valuation, and trading
simulation; aid in the development of models to evaluate and price new
VA capital market guarantees and funds, to build and test scenario
generators, and to assist any other quantitative and model work
regarding the hedge group’s activities. ASA or near ASA preferred, 2
years of experience in a large scale, data-driven software development
role using Microsoft Visual C++. Strong skills in C++ programming are a
must. Knowledge of MFC, ATL/COM is highly desired, experience in
financial or scientific programming and knowledge of distributed
computing are strongly preferred. Knowledge of application design
principles is preferred.
Salary $open. (PR5619*) |
|
Unique Life Actuarial Consulting opportunity in
Toronto.
Deal directly with clients on a daily basis to provide actuarial
support and training. Provide documentation for clients; test new system
versions; research projects that provide exposure to state of the art
actuarial science and its application to real problems. Strong
interpersonal, communication, presentation and analytical skills and
will have at least 5 years of experience in the life insurance industry
in Canada or the US, experience in life or annuities in the areas of
pricing, corporate, ALM or stochastic modeling work. Willing to travel.
Preference will be given to those with ALM and/or U.S. experience.
Salary $open (PR/CL5626*) |
|
One-Of-A-Kind Life Actuarial Consultant opportunity – WORK OUT OF YOUR
HOUSE!!! Deal directly with clients on a daily basis to provide
actuarial support, training and advice on best practices for
implementing models. Work on documentation for clients and research
projects that provide exposure to state of the art actuarial science and
its application to real problems. Ideal candidate will
possess strong interpersonal, communication, presentation and
analytical skills and will have at least 5 years of experience in the
life insurance industry in the US. You should have experience in life
and annuities in the areas of pricing, corporate, ALM or stochastic
modeling work. Salary $open. (PR5625*) |
|
Actuarial Programmer opening in Washington, DC. Maintain and enhance government-owned actuarial valuation/projection software; design, code and test changes to a complex system under the limited supervision of a technical manager and several project actuaries. Applicant must be able to explain complex system solutions to non-systems professional staff (Actuaries and Economists). Must have minimum 7+ years of software development and design experience, expert-level experience with MS C++ (v6.0 or .NET, Console mode only - MFC not necessary), expert-level experience with MS Visual Basic (VB) (v6.0 and/or .NET), undergraduate degree in a numerical discipline (Actuarial Science, Math, Engineering, Accounting, Finance, etc.) plus have satisfactorily completed at least one introductory-level Statistics course. Must be US citizen and able to obtain a governmental clearance. Salary $open (PR5615*) |
|
Vice
President – Latin America Business Development opening in
Southeast.
Responsible for strategy development and execution across the Latin
America region resulting in continued profitable development of the
business across the region. Specific responsibilities:
oversee and manage the defining, development, analyzing,
implementing, and monitoring of the Latin American business growth
strategy ; ensure a sustainable new business value proposition(s) is
maintained for each market; collaborate with the pricing and risk
management functions to ensure effective development of the pricing and
risk management framework to support business growth; lead (shared with
Country Managers) the reinvigoration of the sales process in
successfully connecting market need with risk appetite and insights; own
(shared with Country Managers) the Value of New business targets for the
business; provide leadership to the Latin America and International team
and demonstrate core values daily; work directly with country managers
to implement strategies and sales tactics to achieve business plans and
maintain/grow key strategic accounts; develop new products and solutions
to achieve business plans; ensure we have resources and capabilities to
execute on strategies. FSA with 10+ years experience at high level
within an insurance/reinsurance organization or a combination of any one
of the two with relevant actuarial consulting experience, relevant
exposure to the international environment is desirable as well as
Life/Health reinsurance experience. Significant experience in the
implementation and management of new business strategies within an
environment which values transparency on risk and margins. Spanish or
Portuguese language skills preferred.
Ability to travel internationally, with extensive travel in first
6 months of the role and thereafter up to 30% in support of strategic
development. Salary $open. (PR5614*) |
|
Health
Pricing Actuary opening in
New York.
Support top-line and bottom-line growth plans by working with Pricing
Actuary to improve existing products and develop new products sold
through traditional broker and General Agent channels; work with
specific distribution, marketing, underwriting and compliance teams.
Specific responsibilities include: Actuarial aspects of
new product development, in
coordination with the Pricing Actuary; monthly price recommendations to
the Pricing Actuary; update and file manual rates and experience rating
factors on a periodic basis or as needed; provide technical support to
underwriting on new business and renewal pricing as needed. ASA or near
ASA with 5+ years experience in group life & health pricing and product
development, small group medical pricing, stop loss pricing experience,
Life, Disability, and/or Dental insurance pricing a plus. Experience
with voluntary and association products also a plus. Superior analytical
skills. Salary $open. (PR5602*) |
|
Commercial
Associate Actuary opening in
California. Lead the
overall Actuarial management of non-professional liability Casualty
lines of business. Identify and communicate the profit and loss
implications of underwriting and financial decisions for multiple
business segments, all lines within a business, the reserve process
across multiple businesses, or overall corporate results; actively
participates in the decision making process for areas of responsibility;
accountable for the direction and supervision of the techniques,
procedures and projects of multiple functional units; use actuarial
experience, knowledge of external market forces, and awareness of
industry trends, identify new opportunities, influence management's
development of business strategies, and identify and/or assist with
solving complex business problems; direct, monitor and control the
evaluation of pricing adequacy and the interpretation of price
monitoring reports for area of responsibility; assess the expected
profitability and risk of new and existing company rating programs and
products through review, analysis and interpretation of quantitative and
qualitative information and trends; communicate conclusions and
influence decisions toward appropriate changes; provide appropriate
pricing and operating recommendations to improve efficiency and
profitability of company programs; review, analyze and make appropriate
recommendations relating to reserve adequacy and other aspects of
company reserving practices; develop reserve indicators to monitor
changes in claims handling practices; implement appropriate and timely
controls, methods and procedures to respond to changes in the operating
environment; provide recommendations for new and/or enhanced management
and statistical reports to facilitate decision making and proper
actuarial evaluation of company programs.
Provide counsel and technical support on pricing and operating
matters where actuarial expertise would be of use; attract, retain and
develop actuarial staff; design and implement training/education
programs for business partners on financial impact of various
strategies; produce forecasts and analyses reflective of emerging
economic/business trends and changes in operational/strategic direction.
Ideal candidate will be an FCAS
with ability to develop strategies and goals for unit, considering
overall impact to other units, knowledgeable in a number of actuarial
areas of responsibility, such as loss reserves, ratemaking, performance
analysis and forecasting, regulatory affairs, etc., significant
experience with other company functions, especially Finance,
Underwriting, Sales, and Claims. Salary $open. (PR5603*) |
|
Actuarial
Pricing Director opening in
California.
Responsible for managing the pricing analytics function which
provides predictive modeling and statistical support for the development
and measurement of pricing structures and other price guidance
activities. Specific responsibilities: direct, monitor and control the
evaluation of pricing adequacy and the interpretation of price
monitoring reports for a major line of business, business segment or
region; assess the expected profitability and risk of new and existing
rating programs, products, etc.
Communicate conclusions and influence decisions toward
appropriate changes; review, analyze and make appropriate
recommendations relating to reserve adequacy and other aspects of
company reserving practices.
Develop reserve indicators to monitor changes in claims handling
practices; provide recommendations for new and/or enhanced management
and statistical reports to facilitate decision making and proper
actuarial evaluation of company programs.
Provide counsel and technical support on pricing and operating
matters where Actuarial expertise would be of use; manage employee
development and performance for assigned staff; implement
training/education programs for business partners on financial impact of
various strategies; produce forecasts and analyses reflective of
emerging economic/business trends and changes in operational/strategic
direction; participate in negotiations with external parties. Ideal
candidate is ACAS or FCAS with ability to communicate output of highly
complex modeling processes to all levels of decision makers, and provide
detailed statistical and predictive modeling guidance to a highly
skilled team of 2 to 4 people. Experience in modeling software such as
Emblem, Pretium, Igloo is strongly preferred, as well as proficiency in
SAS. Salary $open. (PR5604*) |
|
Corporate
Underwriting Pricing Actuary opening in
New York/New
Jersey. Support the
underwriting audit function with a focus on proper use of the pricing
models in the underwriting process. Responsibilities include the US,
Canada and UK insurance operations; support individual account pricing
for large account business with a particular focus on National Accounts,
Construction, Alternative Markets, High Excess Workers Compensation and
Health Care business; work closely with other pricing actuaries and with
the underwriters supporting those business units.
Ideal candidate will be FCAS or
near FCAS with a minimum of 5 years of actuarial experience including
large account pricing in Workers Compensation, General Liability and
Commercial Auto; with strong understanding of the insurance marketplace
and awareness of the state of the industry. Strong Excel skills are a
must. Salary $open.
(PR5606*) |
|
Life Actuary opening in
Pennsylvania.
Run actuarial models of existing and/or potential portfolios of life
insurance assets; develop models and reporting tools using SQL, Visual
Basic, and Excel; perform ad-hoc reporting and analysis of financial
values, demographics, and emerging experience; support the new business
pricing function and related valuation algorithms; develop and review
production reports and experience results. Ideal candidate is a ASA/near
ASA with a minimum of 2 years experience in a life insurance role and at
least 2 actuarial exams. Financial modeling experience and experience in
life insurance products, particularly Universal Life, is a definite
asset and an understanding of capital market concepts and financial
assets is also valuable. Salary $open. (PR5594*) |
|
P&C Senior
Actuarial Analyst opening in
Midwest.
Develop rates, rating plans, pricing
strategies, reserve programs, reinsurance and financial forecasts;
coordinate, prepare and perform actuarial analyses. Ideal candidate will
have 6-8 CAS exams with 5+ years of related experience, thorough
knowledge of actuarial statistics and assumptions used for modeling
cost, risk and revenue trends. Salary $open. (PR5584*) |
|
Actuarial
Manager opening in
Illinois. Work
with large datasets including internal and external data, preliminary
data analysis, and multivariate model building including advanced
statistical techniques (GLMs, regression, clustering, trees, etc.); work
in collaboration with other team members, data specialists, business
units, and others. Ideal
candidate will have 6-8 exams and 5+ years of related experience,
knowledge of actuarial statistics and assumptions used for modeling
cost, risk and revenue trends and familiarity with the development of
rates, rating plans, pricing strategies, reserve programs, and financial
forecasts. Salary $open. (PR5593*) |
|
P&C Actuarial
Student opening in New England.
Build actuarial valuations for new and developing lines of business,
support the budget process and implement the transition of financial
reporting functions currently carried out in other locations;
deal with US GAAP, Statutory Financial reporting and will support
SEC financial requirements;
help support the quarterly reserving process, including performance of
reserve reviews and claims liabilities’ recommendations; present and
discuss the results of work to pricing actuaries, underwriting business
unit managers, auditors and consultants; support the preparations of
Reports of the Actuary and Actuarial Memoranda to various levels of
management; exercise analytical skills for different types of reserving
analysis and for various lines of business; support accounting and
finance teams throughout the US and on a worldwide basis. Ideal
candidate will have 0-2 years of actuarial
work experience within the P&C insurance industry and familiarity
with ReservePro Enterprise Edition’s approaches and methodologies; and
industry databases, regulatory information and financial reporting.
Salary $open. (PR5583*) |
|
International Actuarial opening in
Southeast. Responsible for support of actuaries at
different international sites. This will include, but not be limited
to, product development, reserve development, financial reporting and
regulatory filings. Ideal candidate will
be ASA, ACAS, FSA, or FCAS with 3 to 10 years of actuarial
experience. International insurance experience and/or foreign
language(s) are a plus. Some international travel will be required.
Salary $open. (PR5592*) |
|
P&C Actuarial opening in
Southeast.
Primary duties will involve GAAP and STAT financial reporting,
asset/liability analysis, equity allocation and ROE analysis, investment
income allocation and analysis, preparing and using rating agency
information (AM Best BCAR, S&P, Moodys), and reserving for catastrophes
and A&E exposure. Supervise one to two actuarial assistants; use
advanced actuarial concepts to develop procedures, conduct research, and
make recommendations to management. The ideal candidate will be an ACAS
or near ACAS with strong financial reporting and/or reserving background
along with 5+ years actuarial experience, supervisory experience a plus.
Strong verbal and written communication skills are a must.
Salary
$open. (PR5591*) |
|
Exciting opportunity for FSA or near-FSA in scenic Bermuda. Work on Life and LTC reinsurance transactions. Salary $open + FREE HOUSING! (PR5590*) |
|
Lead
Actuarial Analyst opening in
Mid-Atlantic Region. Perform analysis of key
cost drivers to facilitate product development and rating. Maintain
rates within Corporate parameters. Provide accurate projection of future
financial development. Support product development efforts. ASA with 4-5
years actuarial experience in healthcare with an insurance company or
consulting firm. Salary $open. (PR5581*) |
|
Lead Pricing Actuary opening in
Midwest.
Responsible for supporting D&O, EPL, and Fiduciary Liability coverages.
Ideal candidate will be FCAS with
relevant experience. Salary $open. (PR5574*) |
|
Actuarial Loss Analytics Workers Compensation Actuary opening in
Midwest.
Responsible for developing unbiased estimates of loss content and
delivering leading indicators and business intelligence; provide range
of analytics and insights for the selection of plan loss roll-forward
estimates, including: basic, excess, cat, latent losses and loss trend;
provide loss content estimates, ultimately at the account/line/coverage
level, to be utilized in profitability analyses. Ideal candidate will be
FCAS with 7+ years of commercial lines product, analytic, or reserving
experience in a Commercial Lines Property Casualty actuarial
organization.
Salary
$open. (PR5573*) |
|
Commercial Lines Regional Pricing Actuary opening in
Northeast. Review
existing program business and new business prospects. Specific
responsibilities include: rate indications at the program, program/line,
and program/segment level; help develop and price new programs; review
agent compensation; work with Claims, Finance, and Underwriting staffs
to understand various trends impacting specific programs; work with
senior management to develop and monitor financial plans and specific
business tactics in support of these plans at the program level; assist
in determining goals and setting direction and priorities. Ideal
candidate will be an ACAS or FCAS. Salary $open. (PR 5569*) |
|
Actuarial Consultant, Research & Modeling opening in
Upper
Midwest.
Provide technical and quantitative support for predictive modeling
group; bring business and insurance knowledge to mathematical
problems; assist in statistical data mining and other actuarial research
by applying advanced statistical concepts with guidance from senior
predictive modeling staff;
use computer technology, computer modeling, spreadsheet applications,
software tools and programming languages;
model and analyze statistical data and develop reports, spreadsheets and
databases; design, write and test computer programs in model building.
Ideal candidate will have 1 to 3 years insurance experience or advanced
statistical (or related) degree with basic understanding of database
principles;
and experience in quantitative analysis. Salary $open. (PR5575*) |
|
Actuary, Strategic Pricing and Catastrophe Management opening in
New
England.
Develop rates, rating plans, pricing strategies, pricing and catastrophe
metrics, and financial forecasts to achieve company objectives for
profitability and growth. Assist in the evaluation of existing
rate levels and rate structures, individual accounts pricing, design of
rating plans and dividend plans; forecasting and interpretation of
underwriting results; and the maintenance of a database uniquely suited
to the analysis of pricing issues. Mentor less experienced staff. Ideal
candidate will be FCAS with strong PC skills; have strong understanding
of databases and data extraction; strong understanding of actuarial and
other insurance related models (i.e., property CAT, ROE and RBC models);
solid understanding of financial reporting, both GAAP and Stat; sound
understanding of income statements and balance sheets; experience with
financial modeling and forecasting; strong understanding of insurance
products and marketplace conditions and how they impact financial models
and results and strong understanding of regulatory environment. Salary
$open. (PR5576*) |
|
Chief Actuary opening for
P&C carrier in
Southeast. Manage staff of 3. Responsibilities include
pricing, reserving and filings for transportation lines. Ideal candidate
will be ACAS or FCAS with commercial automobile or other transportation
experience. (PR5571*) |
|
Associate
Actuary opening in
Midwest.
Technical position to work closely
with the Claims department to create and monitor claims statistics as
well as communicate to the actuarial community the impact that changes
in the statistics will have on actuarial analyses; initiate, organize,
direct and analyze actuarial research and develop actuarial assumptions.
Ideal candidate will have advanced knowledge of ratemaking, reserving
and forecasting; advanced knowledge of actuarial statistics/assumptions
used for ratemaking, loss reserving and forecasting; familiarity with
internal and external statistical plans and sources of data, and the use
of spreadsheet applications. ACAS or FCAS with 8+ years of related
experience. Salary $open. (PR5553*) |
|
Employee Analytics Senior Project Manager opening in
New York/Connecticut
for top ranked financial
institution.
Be a key member of the Employee Analytics group; deliver an
outstanding analytical product to the organization around understanding
employees and serve the HR Department with strategic insights into how
to develop the area's capabilities;
be a strategic thinker who will independently tackle process
improvement, system implementation, and data analysis assignments.
Communicate with senior managers throughout the organization to
understand their needs and pain points; analytically dissect a problem
into its components and use a logical approach to identify and evaluate
the potential solutions to the problem; map processes and identify
breakage points in the process; create innovative solutions to tackle
difficult problems; drive projects from beginning to end with limited
supervision; define system requirements for new technology projects.
Salary $open. (CL/PR5556) |
|
P&C
Actuarial opening in
Midwest.
As technical expert, develop and recommend
actuarial pricing and/or reserve strategies of a complex nature for a
product line or business unit; become involved with a number of
different products in multiple business units;
interact with underwriters on each of the different products,
with exposure to the business side of the actuarial function as well as
an opportunity to manage. Specific responsibilities include: individual
account pricing for Risk Management Casualty as well as book monitoring
through various metric reports; own the Group Captive pricing process,
including development of expenses, target pricing for individual
members, and collateral adjustments;
contact with underwriting for program of $1B+ in premium and
related products; develop and support actuarial pricing models for Risk
Management Casualty and Umbrella; perform financial planning,
forecasting and various other actuarial projects; perform actuarial
calculations and complex actuarial studies, and develop rates for
existing and/or new business; determine pricing and/or reserve strategy
for an assigned area and analyzes existing pricing tools, modifying or
creating new pricing tools, as needed; monitor the profitability and
trends for a product line or business unit; ensure accuracy of all
financial reports and statements, which may include the financial close
process; review and submit rate filings and contacts regulatory and
state agencies as necessary; prepare and present standard and other
reports to management; manage project teams and may be responsible for
special projects and presentations; facilitate communication and provide
technical guidance to underwriting regarding the pricing of new and/or
existing business and work with others (e.g., claims, finance) on
actuarial issues. Ideal candidate will be ACAS or FCAS with 5+ years of
related work experience. Salary $open. (PR5557*) |
|
P&C
Actuarial opening in Midwest.
Responsible for the pricing of large self-rated medical malpractice
accounts. Analyze individual account loss experience, apply actuarial
models to develop indicated pricing and provide recommendations on
preferred insurance program structure; set collateral requirements for
fronted programs; interact very closely with Underwriting, Risk Control,
Claim and Reserving as well as with brokers/clients.
Near or recent ACAS is preferred with
4 to 6 years experience, preferably in long tail casualty lines.
Salary $open. (PR5558*) |
|
Actuarial
Director opening in
Midwest. Consult
internally on complex or specialty actuarial issues for assigned client
groups and business units. May have company-wide scope of responsibility
in a specialty area, and may lead large projects. May participate in
identification, development and implementation of corporate-wide
initiatives in areas which may include but would not be limited to
pricing and/or reserve strategy for a product line or business unit.
Responsibilities: work
with senior management in the development and implementation of pricing
and/or reserve strategy for a product line or business unit; direct
large business-specific actuarial projects, ensuring adherence to
strategic goals, and consistent application of corporate policies and
procedures; act as account manager on key broker/client engagements and
may deliver account and pricing presentations to senior management;
participate in the development and preparation of financial reports and
statements, as well as, budgets and forecasts; report business progress
to senior management, and propose recommendations as required;
facilitate communication and provides technical guidance to underwriting
regarding the pricing of new and existing business and work with others
(e.g., claims, finance) on actuarial issues; stay up-to-date in
functional area of expertise, on industry trends and developments, and
assure knowledge transfer within the organization. Career ACAS or FCAS
preferred with a minimum of 10 years of related work experience. Salary
$open. (PR5560*) |
|
Actuarial Workers Compensation and Property Director opening in
Midwest. Evaluate the unpaid claim liabilities of their assigned products;
assigned products for this position include small and middle markets
Workers' Compensation, Package Property, Monoline Property, and Inland
Marine as well as Large Property and Boiler & Machinery; supervise data
assembly and reconciliation; train and supervise analyst-level actuarial
staff during the data and initial-analysis phases of the reserve review
process in a manner that both ensures the overall quality of the
analysis as well as furthers the development of that analyst-level staff
member; proactively meet with business partners in pricing, claims,
underwriting, and corporate finance throughout the course of the
analysis both to understand the nature of the businesses insured within
their assigned products as well as the specific drivers of the results
of those products; perform and complete initial analyses; present
results of the initial analyses to appropriate actuarial managers in a
manner that clearly illustrates both the recommendations from the
analysis as well as the reasons why those recommendations are
appropriate; modify analyses based on feedback from appropriate
actuarial managers and officers; complete and maintain all analysis
documentation, including such documentation necessary to comply with
Sarbanes-Oxley requirements; assist and actively participate in the
presentation of preliminary results to appropriate business partners
from pricing, claims, underwriting, and corporate finance; assist and
actively participate in the preparation of the presentation of results
to senior management. Career ACAS or FCAS preferred with a minimum of 10
years of related work experience, including prior management experience.
Salary $open. (PR5561*) |
|
Actuarial Field Director opening in
Midwest.
Responsible for the actuarial
support for a given set of branches. The responsibility is
enterprise-wide, but primarily focuses on Business Insurance and Middle
Markets business. Work closely with the Field (including Branch Vice
Presidents, Branch Underwriting Directors and Regional Presidents), Home
Office Underwriting, Line of Business and Segments Actuarial, and
Finance. Specific responsibilities: monitor profitability and pricing
for the branches, including metrics such as rate, new business pricing,
production, retention, non-rate effects, loss experience, and trends;
complete regular pricing reviews and analyses of the branches and their
distribution partners. FCAS/near FCAS with 5+ years of actuarial work
experience. Salary $open.
(PR5562/5563*) |
|
AVP &
Pricing Actuary opening in
Midwest. Lead
the actuarial support for the Architects & Engineers, Real Estate, and
other programs which primarily provide E&O coverage for architects,
engineers, and real estate professionals.
Specific responsibilities: lead a team of three actuaries and
completion of pricing reviews, maintenance and refinement of rating
models, rate filing support, results monitoring, and strategic and
financial planning support; implement strategic objectives with
substantial impact on the short-term success for actuarial pricing for
assigned product line or segment; establish and manage pricing
initiatives that have significant impact on the short-term success of
assigned product line or segment. Review individual account pricing and
ensure proper underwriting authority levels are followed; present
product line or segment analyses to senior management and make
recommendations on pricing and pricing-related issues; oversee
preparation and accuracy of reports used for rate filings and internal
actuarial analysis; lead, direct and have full management accountability
for staff in area of responsibility with an emphasis on talent
management and succession planning in accordance with corporate
strategic direction. ACAS or FCAS with a minimum 10 years related work
experience and 5 years of management experience. Salary $open.
(PR5564/5565*) |
|
Actuarial Trainee openings in New Jersey and Connecticut. Responsible for P&C insurance and financial risk modeling. Specific responsibilities: Ceded Reinsurance Support, ROE Metrics, capital modeling, risk management. Minimum 1-2 recent actuarial exams passed and at least an actuarial internship. Salary $open. (PR5548*) |
|
Predictive Modeling Analyst opening in
Illinois.
Use insurance, actuarial or accounting,
and technology knowledge in order to develop reporting and analytical
environments to support actuarial and accounting functions; serve as an
advisor to actuarial, accounting, and management on corporate data
sources; assist in the analysis of corporate data and in testing and
validation of corporate data sources; apply an extensive understanding
of the data sources of the organization in order to enhance the
analytical and reporting functions of the actuarial and accounting
departments; assist the actuarial and accounting units in the analysis
of a proposed idea and perform the review, determine the systems
potential, complete documentation, testing, design, and follow through;
provide solutions for complex requirements, while working within the
desired framework and considering the constraints of the operational
environment. Ideal candidate will have 8+ years of
insurance related experience, systems, including 5+ years
experience in use of one or more mainframe or PC based programming
languages, data based analysis, working in an actuarial or accounting
environment. Must be proficient in use of SAS. Salary
$open. (PR5547*) |
|
Actuarial Data Analyst opening in Illinois. Work with large datasets including internal and external data, preliminary data analysis, and multivariate model building including advanced statistical techniques (GLMs, regression, clustering, trees, etc.); work in collaboration with other team members, data specialists, and others. Ideal candidate will have 5+ years of insurance related experience, systems, use of one or more mainframe or PC based programming languages, 3-5 years of data based analysis experience, 2+ years of experience working in an actuarial or accounting environment and Advanced degree in statistics, math, or related. Required skills: strong statistical knowledge, strong quantitative/analytical skills, and proficiency in SAS. Salary $open. (PR5545*) |
|
Unique P&C
actuarial opportunity in
Connecticut for a non-traditional consulting firm specializing in
reinsurance. Manage client engagements, perform pricing, alternative
risk financing and reserving studies; assist clients in financial
evaluations, including capital modeling analysis, signing statements of
actuarial opinion; support clients with underwriting various reinsurance
and insurance lines of business; build actuarial analytical tools and
models; assist with proposals and marketing activities. Must be ACAS,
FCAS, FIA or equivalent with 5+ years of P&C (re)insurance pricing
and/or reserving experience; knowledge of capital modeling, Solvency II,
and/or catastrophe modeling is a plus. Will include travel to Bermuda on
an as needed basis. Salary $open. (PR5544*) |
|
Chief
Actuary opening in scenic Maine. Manage staff of 3 including pricing,
predictive modeling, and reserving oversight. Ideal candidate will be
FCAS (or ACAS) with experience in a variety of commercial lines
(including Workers Compensation, General Liability, BOP, CMP, &
Commercial Property), ideally with experience in predictive modeling as
well. Salary $open, (PR5543*) |
|
Actuarial
Manager – Exposure Management opening in
Southwest or
Southeast.
Plan, coordinate and lead analytical
support of the corporate catastrophe reinsurance placement including
development of analytical tools to determine whether or not to purchase
a particular layer of reinsurance; allocation of reinsurance costs for
financial reporting and planning; analysis of changes in CAT Modeling
parameters on CAT Model output; analysis of CAT Modeling results to
determine company's best estimate of the actual PML based on results of
all models and incorporating non-modeled exposures; development of
metrics and tools for use by pricing actuaries, product management, and
unit management to help manage CAT exposure and determine appropriate
return to risk profile; support Actuarial Departments' development
regarding Risk Adjusted Rate of Return model and target ROEs; work with
each business unit's management team to mitigate potential catastrophe
losses and related assessments; provide support for the yearly plan;
help develop short- and long- term goals and plans for the actuarial
department; hire, develop, and evaluate personnel or provide actuarial
recommendations in such matter; develop function-specific orientation
and training programs for area personnel; establish standards for
effective job performance and evaluate subordinates according to such
standards; develop and maintain this effective organization for the
actuarial department; direct the preparation of records as well as
recurring and special reports and analyses for area(s) of
responsibility. Ideal candidate will have a minimum of 5 years of
progressively more responsible and related actuarial experience and a
minimum of 5 CAS exams up to FCAS.
Salary $open. (PR5541*) |
|
Group
Actuarial, Vice President position opening in
New York.
Analyze and manage actuarial risk across all Group product lines; refine
and continuously monitor key risk management metrics; lead Group
valuation activities, ensuring compliance with valuation standards and
internal controls; participate in discussions with senior management on
Group actuarial risk issues ad needed. Specific responsibilities:
coordinate across the Profit Center as regards to the pricing of various
Group products; oversee all aspects of Statutory, GAAP and Tax
reserving; review valuation methods and regulations to improve accuracy,
strengthen reserves or free up cash, comply with new reserving
requirements and methodologies, and better align with long-term business
objectives; ensure Group reserves are calculated appropriately; work
with external auditors on their review of Group reserves; help set key
assumptions for Group’s financial plan; ensure that appropriate risk
management framework is applied to all Group product pricing and
experience monitoring; help track and monitor key risk management
metrics, incorporating insights from across the organization including
claims and underwriting; work with the product SBUs on all changes that
impact pricing as well as underwriting policy; apply an ROE framework to
Group pricing; ensure pricing activities comply with applicable
regulations, including rate filing requirements; review items that may
present a material financial impact on the Group Profit Center including
reinsurance contracts, partnership agreements, risk pool arrangements
and other assessments; ensure commission and broker compensation
programs are filed with state regulators as needed. Ideal candidate is
FSA with 10-15 years of Group insurance experience, including pricing
and/or valuation experience,
who understands broader context and implications of actuarial issues,
possesses ability to influence organization, analyze complex problems,
find pragmatic solutions to these problems, and knowledge of actuarial
risk management practices, including actuarial analysis of financial
issues. Salary $open. (PR5525*) |
|
Annuities
Product Development Actuary opening in
New York.
Responsible for all product pricing and
financial analysis related to Immediate Annuities, Variable Annuities,
Fixed Deferred Annuities and Structured Settlements;
supervise 1-2 direct reports.
Near FSA/FSA with individual annuity product development and
pricing experience, as well as strong technical and analytical skills;
experience with Access, Bloomberg, PTS, Prophet, Visual Basic, and @Risk
would be helpful; agent compensation and financial management experience
would be a plus, as would be knowledge of equity, interest rate and
credit risk quantification, and understanding of stochastic processes
and multiple financial pricing measures. Salary $open. (PR5535*) |
|
Health
Pricing Manager opening in
Philadelphia. Responsible for the analytical and technical
aspects of pricing and bidding for both Medicare Advantage and Part D
product, as well as hiring and managing internal staff, and liaising
with actuarial consultants in support off pricing and bidding efforts;
play a role in support of monthly financial reporting, forecasting and
budgeting and other ad-hoc analyses as needed; develop an internal
pricing team and ultimately bring the majority of pricing and bidding
functions in house to reduce reliance and expenditures on consulting
resources. Specific
responsibilities: manage the day-to-day responsibilities of the 2010 bid
process, while developing internal staff, knowledge and tools to
ultimately transition pricing and bidding functions in-house;
participate in/support management strategy discussions regarding
products and pricing; function as primary liaison with actuarial
consultants in the bid development process; coordinate efforts and
resources in support of pricing and bidding analyses; monitor, organize
and communicate as needed CMS bid-related guidance, pricing tools and
other regulatory information critical to compliance as Medicare
Advantage contractor; responsible for timely submission of final bids in
compliance with CMS submission requirements and consistent with company
business objectives; facilitate and manage CMS bid review responses /
audit responses; interact with senior management as needed in support of
monthly financial reporting and periodic audits of
financial statements; hire and
manage pricing staff. Ideal candidate is ASA with HMO product pricing
expertise, specific expertise with CMS bid worksheets and the bid
process specifically; and with Medicare Advantage in general. Salary
$open. (PR5534*) |
|
Unique
Casualty Actuary opening for hospital in
Tennessee.
Responsibilities: prepare actuarial studies related to
malpractice and employee injury risks; work closely with claims, risk
management, and other management professionals; coordinate malpractice
studies done by external actuarial firms; perform reserve adjustments;
compare actual to actuarially expected amounts. Near ACAS/ACAS with 5+
years of casualty actuarial experience.
Salary up to mid $120k’s. (PR5533*) |
|
Regional Director for Latin America Life Reinsurance Market to be based
in Florida.
Responsible for new business
development and acquisition in the Latin American region; identify
potential business opportunities, develop and implement business
strategies for the Latin American markets; connect market needs with
reinsurance solutions; actively participate in the development of
international business plans; build strategic working relationships with
senior management and Board of Directors; provide effective leadership,
management, and professional growth to Latin American Country Managers
by developing all necessary skills and knowledge required for
effective job performance, develop
country and account specific action plans to achieve or exceed planned
financial goals, develop and expand account relationships to increase
market share; develop and implement consistent controls, practices and
procedures in Latin America; establish, manage and support local
operations by insuring marketing/new
business transaction management process is understood and followed;
develop local competencies in each country as necessary to achieve
business goals; effectively manage existing business to deliver on
regional earnings goals; develop and manage the budget and profit plan
in the Latin American region; ensure regional team is adequately staffed
and aligned to meet regional business objectives; responsible for P/L
results in Latin America region. Ideal candidate will have 10+
years Life and/or Annuity experience in a corporate setting, extensive
experience managing and/or developing Latin American business operations
focusing on Life Insurance, Reinsurance, or other complex financial
services products, ability to understand, discuss, and present highly
complex, business-to-business financial services products to internal
and external audiences, 7+ years managing, developing, and leading mid
to senior level financial services professionals in a field office or
international business division/department including hiring, goal
setting, performance appraisal, budgeting and business planning and
analysis. Life reinsurance industry experience is strongly preferred and
a technically focus actuarial background/knowledge. Salary $open.
(PR5531*) |
|
Regional CFO
(& Actuary) for Latin America Life Reinsurance Market to be based in
Southeast. Responsible for monitoring the
overall financial performance of the region; ensure that the region
maximizes earnings and value of inforce business; ensure that new
business is of high quality and is consistent with stated strategies.
Specific responsibilities: establish, maintain, monitor and direct
performance management process to ensure clear understanding of key
performance drivers; engage international management to ensure the
regions are maximizing earnings/business value; complete
monthly/quarterly earnings analysis and corporate communication of
earnings, expenses, and value of new business; own client level and
regional profitability, using outputs from experience analysis, expense
allocations, and financial reporting processes to make recommendations
on actions to improve VNB, EVA, earnings, and client profitability;
directly manage operational functions in region, including client
statement processing and validations; management of the financial
planning process for the region; partner with home office to develop
clear understanding of home office financial process and integrate
results into the business analysis; ensure that the new business
acquisition process is managed consistent with company’s business
philosophy and control standards, which includes regional oversight of
pricing and control process, treaty execution, and accurate/timely
booking of business; provide timely, accurate, and meaningful reporting
analysis of all key elements of the new business acquisition process
including evidence of pricing controls, treaty status and execution,
evidence of financial controls related to booking the business; monitor
and report on compliance activities and issues in the region; assist in
oversight and audits of regional and country offices with respect to
compliance and financial processes within the region; support the
region’s growth strategy through oversight of the transaction process to
ensure it delivers superior risk analysis and pricing to ensure the
profitable growth of the business; develop, maintain, and monitor risk
assessment process within the transaction process; partner with regional
actuaries and home office to ensure risk assessment process is
consistent with global pricing standards; build and maintain
transparency between the region and the home office regarding the
overall financial management of the business; financial performance,
pricing controls, and risk standards. Ideal candidate is an FSA with
relevant background, who is an experienced leader and financial
executive, energetic, forward thinking and creative; possesses the
highest ethical standard, a professional image, sound technical
financial skills, analytical ability, good judgment, and strong
operational focus; is well-organized,
self-directed and a team player. Spanish language skill is
desirable. Salary $open. (PR5532*) |
|
Senior
Health Actuarial Analyst opening in
Mid-Atlantic Region.
Establish market rates, reserve estimates, trend projections, and other
financial determinations for assigned markets; advise, counsel and
propose recommendations on issues and policies affecting the company;
perform moderately complex analyses independently; design specific
studies and research projects as requested; test computer applications
of new rating methods; perform other duties as required. ASA with 5-7
years experience in managed care finance or analyses, knowledge of all
federal and state laws and regulations professional standards and
current managed care practices, and of statistical and computer
information systems. Salary $open. (PR5502*) |
|
Senior
Health Actuarial Analyst opening in
Mid-Atlantic Region.
Perform quantitative assessments of risk and opportunity relating to
market provider contracts and IBNR; explain actuarial methodology to
appropriate parties; participate in rate-setting process with State
Departments of Health and Human Services; identify and communicate to
health plan major trend drivers contributing to increases in medical
cost; perform analysis of expansion opportunities for health plans;
ensure the accuracy of work assigned through the development and use of
reconciliation techniques; design and conduct specific actuarial studies
and research projects as requested. Ideal candidate will have 2-4 SOA
Exams with 2-4 years experience with Managed Care or Group Insurances.
Microsoft Excel and Word competency required, Microsoft Access
familiarity desirable, SAS experience a plus and knowledgeable of
general insurance principles, previous health care contract and services
rate administration experience desirable. Salary $open. (PR5498*) |
|
Actuarial Health Director opening in
Georgia
or Pennsylvania or
Nebraska. Direct the activities
of the actuarial department; provide direction and methodology for
establishing market rates, reserve estimates, trend projections, and
other financial determinations for assigned markets. Perform complex
analyses independent of supervision. Specific responsibilities: Provide
leadership and direction to the actuarial team; recruit, develop, and
motivate staff; initiate and communicate a variety of personnel actions
including, employment, termination, performance reviews, salary reviews,
and disciplinary actions; direct a team of Actuaries who quantitatively
assess the risk relating to market premium rate levels, new product
development, provider contracts, and IBNR in accordance with regulatory
and professional guidelines; design, develop and implement methodology
for actuarial team to follow; develop and implement a quality control
program to ensure that actuarial work performed will generate expected
financial outcomes; explain methodology to appropriate parties; identify
and analyze the internal and external factors which affect statistics
for use in trending, pricing, reserving, contracting, etc.; advise,
counsel, and propose recommendations on issues and policies affecting
the company’s actuarial, underwriting, and financial practices; ensure
the accuracy of work assigned through the development and use of
reconciliation techniques; designs specific actuarial studies and
research projects as requested; test new actuarial, underwriting, and
financial applications. ASA/FSA with 8+ years in an analytic department
with at least 2 years of experience supervising professional employees
and complex projects, knowledge of all federal and state laws and
regulations professional standards and current managed care actuarial
practices, extensive knowledge of analytic methods, statistical
techniques, marketplace dynamics and alternative pricing scenarios.
Salary $open. (PR5514*) |
|
Health Care Actuarial Analyst opening in
Multiple Locations throughout US. Collect data and
provide analyses for healthcare provider contract negotiations. Perform
detailed tasks assigned by project teams. Contribute to problem solving,
process design and analytical support. Specific responsibilities
include: assist in the identification of key business issues; evaluate
and distill analyses conducted by other departments and/or outside
consultants; utilize data gathering tools, such as
surveys/questionnaires, work sampling, financial modeling, and interview
questions, to ensure that appropriate quantitative and qualitative data
is gathered for the analyses; extract data from appropriate source for
analysis and interpretation; conduct quantitative and qualitative
analyses on a broad array of issues across disciplines, projects and
functional areas as assigned; prepare preliminary interpretations of
analyses for project teams, clients, and/or department management;
recommend suggested action steps based on the analysis results; prepare
reports in accordance with the analytical results; assist in the
development of project proposals, recommendations, implementation plans,
communication packages, performance measurement tools, and training
materials related to the assigned projects; automate production reports
to streamline processes where required; work with users to identify
critical decision steps. Pursuit of actuarial exams is not required but
considered favorably. 2-5 years provider contract analysis or related
healthcare (managed care preferred) analytical and/or consulting
experience required, skilled in extracting, manipulating and analyzing
data, experience with Microsoft Excel including macros, pivot tables and
complex functions. Microsoft Access, SQL and/or SAS programming
experience. Salary $open. (PR5510*/5508*) |
|
Actuarial Analyst opening in
Multiple
Locations throughout
US.
Support the establishment of market rates, reserve estimates, trend
projections, and other financial determinations for assigned markets;
perform basic actuarial duties under general supervision.
Responsibilities: Assist with quantitative assessments of risk relating
to market premium rate levels, new product development, provider
contracts, and IBNR in accordance with regulatory and professional
guidelines; apply knowledge of mathematics, probability, statistics,
principles of finance and business to risk and trend analyses; analyze,
summarize, and reconcile essential statistical data; conduct special
studies under general guidance; receive general instructions on routine
work and detailed instructions on new assignments; explain basic
actuarial methodology to appropriate parties; identify and analyze the
internal and external factors which affect statistics for use in
trending, pricing, reserving, contracting, etc.; ensure the accuracy of
work assigned through the development and use of reconciliation
techniques; assist in the testing of computer applications of new rating
methods. Near ASA/ASA with 2-5 years experience in managed care finance
or analyses required. Knowledge of laws, regulations and group insurance
issues and statistical and computer information systems. Salary $open.
(PR5505*/PR5506*/PR5507*/PR5511*) |
|
Health Actuarial Manager opening in
Multiple Locations throughout
US. Manage a process or a
team of Actuaries who establish market rates, reserve estimates, trend
projections, and other financial determinations for assigned markets.
Advise, counsel and offer recommendations on issues and policies
affecting the company; recruit, develop, and motivate staff; initiate
and communicate a variety of personnel actions including employment,
termination, performance reviews, salary reviews, and disciplinary
actions; manage the quantitative assessment of risk relating to market
premium rate levels, new product development, provider contracts, and
IBNR in accordance with regulatory and professional guidelines; apply
knowledge of mathematics, probability, statistics, principles of finance
and business to risk and trend analyses; analyze, summarize, and
reconcile statistical data; conduct special studies; explain methodology
to appropriate parties; identify and analyze the internal and external
factors which affect statistics for use in trending, pricing, reserving,
contracting, etc.; advise, counsel and propose recommendations on issues
and policies affecting the company actuarial, underwriting, and
financial practices; ensure the accuracy of work assigned through the
development and use of reconciliation techniques; design specific
studies and research projects as requested; test new actuarial,
underwriting, and financial applications. ASA with 6+ years in an
analytic department with at least 2 years of experience supervising
professional employees and/or complex projects, knowledge of all federal
and state laws and regulations professional standards and current
managed care practices, extensive knowledge of analytic methods,
statistical techniques, marketplace dynamics and alternative pricing
scenarios. Salary $open. (PR5499*/PR5509*/PR5513*) |
|
Actuarial Manager opening in
Maryland. Responsibilities
include: support of Medicare Part D Product development and financial
analysis, development of pricing and reserving models, and development
of Part D competitive bids. Ideal candidate will be ASA with 2+ years of
Medicare Part D experience including knowledge of Medicare bid
processes, strong knowledge of medical and pharmacy pricing and
reserving practices, knowledge of the key drivers of health care trends,
and extensive model development experience. 5 years of health care
experience is required. Medicare Part D experience is preferred but not
required as well as experience with analytical and programming tools
such as MS Access/Excel and VBA, Managed Care, including Pharmacy
Provider Contracting Claims Reimbursement. Salary $open. (PR5493*) |
|
Senior
Actuarial Analyst opening in
Illinois.
Position involves Reinsurance Analytics; explain P&C reinsurance
treaties, help create pricing models. Work with pricing, reserving and
reinsurance divisions. Ideal candidate will have 6-8 CAS exams, 5+ years
experience, including reinsurance and/or modeling; be hands-on, and have
experience in Remetrica or Metarisk, though not required. Salary $open.
(PR5484*) |
|
Corporate Senior Actuary opening in
Pennsylvania. Provide strategy and
direction for establishing market rates, reserve estimates, trend
projections and other financial determinations; provide leadership,
strategy and direction for actuarial systems, tools and data needs from
a company-wide perspective; provide strategic direction and leadership
to multiple actuarial teams who quantitatively assess the risk relating
to market premium rate levels, new product development, medical cost
levels, and provider contracts in accordance with regulatory and
professional guidelines; develop polices and makes recommendations on
issues affecting the company’s actuarial, underwriting, and financial
practices; oversee the design, development and implementation of
methodology for actuarial teams companywide to follow; oversee the
development and implementation of a quality control program to ensure
that the actuarial work performed will generate expected financial
outcomes. identify and analyze the internal and external factors which
affect assumptions for use in trending, pricing, reserving, contracting,
etc.; ensure and set strategic direction regarding the availability and
integrity of data, systems, tools and models required to perform
critical actuarial analysis; ensure the accuracy of work assigned
through the development and use of reconciliation techniques. ASA/FSA
with 10+ years with at least 4 years of experience supervising
professional employees and complex projects and in-depth knowledge of
all federal and state laws and regulations, professional standards, and
current managed care actuarial practices; strong team building skills;
ability to manage and develop a group of professionals with diverse
skills. Salary $open. (PR5492*) |
|
Actuarial
Analyst opening in
Maryland.
Apply knowledge of mathematics,
probability, statistics, principles of finance and business to risk and
trend analyses. Perform quantitative assessments of risk and opportunity
relating to market provider contracts and IBNR in accordance with
regulatory and professional guidelines; explain actuarial methodology to
appropriate parties; participate in rate-setting process with State
Departments of Health and Human Services; identify and
communicate to health plan major
trend drivers contributing to increases in medical cost; perform
analysis of expansion opportunities for health plans; ensure the
accuracy of work assigned through the development and use of
reconciliation techniques; design and conduct specific actuarial studies
and research projects as requested. 2 to 4 years Managed Care or group
experience preferred with 2+ exams preferred. Knowledge of general
insurance principles and previous health care contract and services rate
administration experience desirable. $Salary $open. (PR5497*) |
|
Product
Analysis and Innovation Leader Actuary opening in
Midwest.
Responsible for leading unit of 30 employees in the newly formed Product
Analytics and Innovation unit of Middle Market Actuarial. Lead the
execution of the core responsibilities of the Product Analytics and
Innovation unit; lead the Acquisition, Assessment and Development of a
Top Talent in the Product Analytics and Innovation unit; collaborate
with Business Unit actuaries, develop and evaluate pricing/market cycle
strategies by product; represent Middle Market Actuarial on product
development and assessment initiatives; collaborate with the Middle
Market Actuarial Data and Infrastructure unit to develop priorities for
self-service and supported data needs; provide leadership and insight on
key Middle Market Actuarial organization and analytical initiatives;
support reinsurance need and pricing assessment for all multi-market
reinsurance treaties; serve as actuarial point person for the quarterly
Product Performance Measures and other product profitability and growth
initiatives; coordinate rate review compliance efforts as required by
internal audit; liaise with corporate catastrophe strategy team
regarding reporting and monitoring metrics. Ideal candidate will possess
a highly developed leadership, strategic and critical thinking, and
relationship management skills, analytical and problem solving skills,
develop effective working relationships with peers across Middle Markets
and Actuarial. FCAS with 10+ years of product, analytic, strategy and
leadership experience in a Commercial Lines Property Casualty company.
Salary $open. (PR5524*) |
|
Actuarial manager opening in
Florida. Responsibilities
include: support of Medicare Product development and financial analysis,
analysis of Medicare reimbursement and capitation rate changes and
development of pricing and reserving models and bids. The ideal
candidate would have 2+ years of Medicare experience including knowledge
of Medicare bid processes as well as experience with analytical and
programming tools such as MS Access/Excel and VBA, strong knowledge of
health care pricing and reserving practices, knowledge of the key
drivers of health care trends, and extensive model development
experience including Provider Contracting Pharmacy Claims Reimbursement.
Salary $open. (PR5491*) |
|
Actuarial
Analyst opening in
Pennsylvania.
Support the establishment of market
rates, reserve estimates, trend projections, and other financial
determinations for assigned markets; perform basic actuarial duties
under general supervision; assist with quantitative assessments of risk
relating to market premium rate levels, new product development,
provider contracts, and IBNR in accordance with regulatory and
professional guidelines; apply knowledge of mathematics, probability,
statistics, principles of finance and business to risk and trend
analyses; analyze, summarize, and reconcile essential statistical data;
conduct special studies under general guidance; identify and analyze the
internal and external factors which affect statistics for use in
trending, pricing, reserving, contracting; ensure the accuracy of work
assigned through the development and use of reconciliation techniques.
ASA/near ASA with 2-5 years
experience in managed care finance or analyses required. Knowledgeable
of laws, regulations and group insurance issues. Salary $open. (PR5496*) |
|
Senior E&O
Actuary opening in
Connecticut.
Perform actuarial pricing for Errors and Omissions insurance.
Responsibilities include: portfolio and large account pricing, metrics
reporting, rate monitoring, strategic planning support, filings, support
for reinsurance, support for IT initiatives, new product due diligence,
and underwriting support. Salary $open. (PR5481*) |
|
Vice
President – Health Network Development opening in
Atlanta.
Responsible for providing overall direction for the Provider Relations,
Physician Network Development and Network Operation Liaison Functions;
responsible for all long-range planning to ensure quality and cost
effective provider network, provider relations, physician recruiting and
operational activities with the appropriate internal departments;
oversee the negotiation and maintenance of all contracts pertaining to
health plans, corporate accounts,
lease networks and workers compensation. 7+ years in managed care, and
4-6 years strategic operational experience in network development,
in-depth experience with regulated lines of business. Substantive
knowledge of managed care policy and direction, strong finance
background/actuarial experience desired. Must have provider/hospital
contracting experience and experience managing 20+ employee team. Salary
$open. (PR5494*) |
|
Variable
Annuity Actuary opening in New
York. Responsible for pricing profitable variable annuity
products containing living benefits as well as fixed annuity products;
work closely with Product Development area in product design, writing of
contracts, illustration and regulatory requirements; assist in financial
reporting and with hedging program and analysis; balance profitability
and competitive considerations in pricing; build a renewable and
transparent product pricing process that enables meeting product launch
goals. FSA with minimum 3-5 years of annuity products experience and
hands on experience with stochastic pricing techniques and utilization
of hedging strategies. Salary $open. (PR5479*) |
|
Actuarial
Analyst opening in
Florida. Support actuarial departments hospital
contract valuation and provider data analysis functions under general
supervision; perform modeling of hospital contract financial provisions;
develop required databases and/or reports necessary to track the actual
versus expected performance of hospital contracts; communicate results
and causes for deviations; develop reports that track hospital trends
and trend components; work closely with Provider Networks department;
ensure accuracy of work through the development and use of
reconciliation techniques. Actuarial student actively taking exams is
preferred with 3-5 years experience in health care (managed care
preferred), skilled in extracting, manipulating and analyzing data.
Salary $open. (PR5490*) |
|
Director of
Actuarial Services opening for health insurance company. Position can be
based in either Pennsylvania
or New Jersey.
Responsibilities: establish an in-house reserving process, and
financial reporting support; assist in establishing actuarial tools,
standards and practices while transitioning actuarial functions
in-house; establish and manage reserving practices to support monthly
financial reporting requirements, including development or
implementation of a claim reserving model, providing monthly claim
reserve estimates for review by the Chief Actuary, institute appropriate
quality and compliance control checks and other required liability
estimation in support of financial reporting; interact with
Corporate Controller, as well as with actuarial consultants and
auditors in support of monthly financial reporting and periodic audits
of financial statements; work in identifying and addressing the
actuarial technical and staffing needs of the company and build a staff;
provide review or analysis on various issues until more actuarial staff
can be brought on board; interact with and direct actuarial consultants
regarding their work on the 2010 Medicare Advantage bids. ASA or FSA,
strong technical experience with reserving models, and experience in a
position with responsibility for setting and/or approving health claim
reserves; Medicare Advantage experience is strongly preferred and
working knowledge of other aspect of managed care including, but not
limited to, pricing, forecasting, financial reporting, provider
contracting analysis, and development of reporting and analysis in
support of business decisions by upper management. Salary $open.
(PR5480*) |
|
Product
Analysis and Innovation Leader Actuary opening in
New England.
Responsible for leading the newly formed Product Analytics and
Innovation unit of Middle Market Actuarial, with a staff of 30. Lead the
execution of the core responsibilities of the Product Analytics and
Innovation unit; lead the Acquisition, Assessment and Development of a
Top Talent in the Product Analytics and Innovation unit; collaborate
with Business Unit actuaries, develop and evaluate pricing/market cycle
strategies by product; represent Middle Market Actuarial on product
development and assessment initiatives; collaborate with the Middle
Market Actuarial Data and Infrastructure unit to develop priorities for
self-service and supported data needs; provide leadership and insight on
key Middle Market Actuarial organization and analytical initiatives;
support reinsurance need and pricing assessment for all multi-market
reinsurance treaties; serve as actuarial point person for the quarterly
Product Performance Measures and other product profitability and growth
initiatives; coordinate rate review compliance efforts as required by
internal audit; liaise with corporate catastrophe strategy team
regarding reporting and monitoring metrics. Ideal candidate will possess
a highly developed leadership, strategic and critical thinking, and
relationship management skills, analytical and problem solving skills,
develop effective working relationships with peers across Middle Markets
and Actuarial. FCAS with 10+ years of product, analytic, strategy and
leadership experience in a Commercial Lines Property Casualty
organization. Salary $open. (PR5518*) |
|
A&H
Pricing Actuary opening in
New Jersey/Pennsylvania.
Participate as the senior actuarial resource on a
multi-functional production underwriting team. Responsibilities:
pricing business in accordance with team and corporate goals and
targets; evaluate and recommend enhancements to pricing and reserving
methodologies and procedures; demonstrate consistent pricing accuracy
and solid judgment in making pricing decisions; proactively involved in
delivering profitable team experience results by regularly monitoring
by-account performance, dissecting performance issues, actuarial value
added, understanding and relaying impacts of UW/Claims audit concerns
internally and to client; proactively cultivate customer relationships
as the actuarial subject matter expert to the client; keep current with
the market place, industry trends and methodologies. FSA with minimum
10 years experience in A&H/Health products. Salary $open.
(PR5482*). |
|
Senior ERM Actuary opening in
New York. Lead ERM and
Economic Capital efforts.
Ideal candidate will be ACAS, FCAS, ASA, FSA or CFA with strong
organizational knowledge about the risk management function in large
financial institutions, familiarity with risk management methodologies
including the quantitative concepts behind them and a working knowledge
of the various sub-disciplines within risk management: i.e., market
risk, operational risk, risk transfer/credit derivatives, etc. Salary
$open. (PR5303*) |
|
Actuarial Pricing Analyst opening in
New York.
Conduct pricing analyses, implement actuarial pricing
tools, produce pricing monitors, and perform work as necessary to
support the appropriate pricing property and casualty insurance
businesses written in the US and London; interact effectively with
underwriters, systems personnel, underwriters, financial analysts, CAT
modeling technicians, and external consultants.
Specific responsibilities: provide account loss rating and
pricing support; prepare timely support to underwriters in loss rating
large accounts; prepare and enter data into actuarial pricing models;
conduct actuarial rating model parameter updates; prepare analyses of
internal and external data as directed to support updates of pricing
tool parameters; conduct actuarial rating model development;
assist in evaluating the impact of alternative pricing
algorithms, preparing test models, gathering industry data, and running
existing account data through new proposed models; provide business
development support; extract data and run internal analyses on new
business opportunities. 1-4 actuarial examinations, Summer internship
and/or 1-3 years experience working in a P&C actuarial role. Knowledge
of VBA and Access. Salary $open. (PR5475) |
|
P&C
Actuarial opening in Illinois.
Lead a team of analysts supporting the Property Line of Business.
Responsibilities include: oversight and direction of the regular review
and update of pricing parameters and risk selection models; work to meet
the needs of underwriting
partners; exchange information and insights to assist with internal
consistency in products including property predictive modeling
initiatives; serve as member of team who are the actuarial technical
experts on Property rating, exposure and coverage, and data advocates
for capture of data elements needed for analysis. ACAS or FCAS with 10+
years of pricing experience, working knowledge of PC and mainframe
hardware and software, excellent analytical, organizational, and
management skills, knowledge of Cormis and SAP a plus. Salary $open.
(PR5476*) |
|
Actuarial Retirement Manager opening in
New Jersey.
Responsible for the development of Retirement’s Economic Capital
liability cash flows. Cash flow development is comprised of a
combination of actuarial software modeling, valuation feeds and
spreadsheet modeling; meet quarterly EC requirements, process
development including automation, control-related enhancements and
procedural documentation will be key areas the candidate will be
involved in; develop actuarial, analytical, and computer skills and
provide the opportunity to learn a range of financial and modeling
topics; manage or conduct and document actuarial or product analysis
and/or one of these business related projects: actuarial modeling;
actuarial systems analysis; closed block support; contract and/or
prospectus development; experience analysis; financial planning,
reporting or analysis; product design, pricing or requirements; product
operations support; reinsurance negotiation, administration or
reporting; or valuation. Requires a broad knowledge of business drivers
and their actuarial or product implications to the business group. At
least three years of insurance related experience. Passing of Actuarial
and/or CFA exams a plus and experience with maintaining, and analyzing
results from actuarial models and with MG-ALFA or TAS and Retirement
products a plus. Salary $open.
(PR5457*) |
|
Actuarial Manager opening in
New Jersey.
Participate in Variable Group Annuities valuation and modeling. Prepare
asset holdings for projecting asset cash flows, calculate assumptions
for projecting product liabilities, update models, analyze model outputs
for asset adequacy, and prepare reports and attachments for Asset
Adequacy Testing memos. Ideal candidate will possess knowledge of
actuarial statistics and assumptions used for valuing and modeling
assets and liabilities, as well as understanding of the capital markets.
5 or more years of working experience with insurance products/finance
products, Statutory/GAAP/TAX reporting; knowledge of actuarial modeling
software (TAS, ALFA, other) and of Group Annuity products a plus. Salary
$open. (PR5456*) |
|
Corporate Actuarial Director opening in
New Jersey.
Provide critical support in statutory reporting, including asset
adequacy testing, GAAP analysis, and actuarial oversight in areas of
practice like pricing and experience studies. Actively manage the
organization’s experience studies; monitor the organization’s corporate
inventory and calendar of experience studies, participate in peer
review, analysis and also provide feedback for select studies; establish
corporate experience study
standards; lead the review of Asset Adequacy Testing (AAT) results and
Memoranda, prepare annual filings related to the AAT, participate in the
quarterly GAAP financial review process, which includes preparation of
various analyses and reports, including DAC rollforwards and
disclosures; analyze GAAP results and the 10K/Q for reasonableness. This
may include summarizing GAAP results for the Company Actuary, and
reviewing business group GAAP documentation; involvement in various high
profile corporate initiatives like Economic Capital, Enterprise Risk
Management, Embedded Value or Convergence. This may involve adhoc, but
high priority assignments, e.g. research into emerging industry
practices or quantification/optimization of capital usage or evaluation
of reinsurance models. FSA or near FSA with at least 5 years of
actuarial experience and hands on experience with GAAP reporting and
statutory reporting, broad exposure to various other actuarial practice
areas, like pricing and ALM, and multiple lines of business/products.
Salary $open. (PR5455*) |
|
Senior Associate Actuary opening in
New Jersey.
Primary responsibility will be to support
Economic Capital calculations. Specific responsibilities:
maintain the actuarial projection
models for different country operations (TAS, Polysystems); modify
actuarial assumptions in models; perform projections and create reports
using a combination of actuarial software reports and Excel/Access VBA
macros and templates; document financial modeling work; enhance and
automate the current financial modeling processes; train other
associates; support ad-hoc
modeling projects. The
Candidate will be encouraged to pursue one or more of the following:
Actuarial professional exams, LOMA professional exams and/or CLU/ChFC
professional exams. Ideal candidate will have 1-2 years experience in
insurance or financial services; experience in an actuarial area is a
plus as well as strong quantitative and analytical skills. Experience
with actuarial modeling software such as TAS, PTS, MoSes, or MG-ALFA,
and financial reporting software such as LifeMaster or Annuity Master is
a plus. Programming experience in any computer languages is a plus
(e.g., Visual Basic, C++, etc.). Salary $open. (PR5448*) |
|
Variable Annuity Actuarial opening in
Connecticut.
Co-lead supporting Variable Annuity pricing, product development
and product management for Annuities. Coordinate, prepare, and perform
actuarial modeling and analyses to assist in the development of pricing
strategies and financial forecasts used in actuarial recommendations and
reporting as well as support for ongoing product maintenance; work with
the department to prepare actuarial memoranda and respond to insurance
regulators; provide consultation and clarification on actuarial models
and risk issues; maintain documentation of actuarial analysis and
responses to insurance regulators; supervise the work of technical
assistants and/or Actuarial students. Ideal candidate is near FSA/FSA
with 6+ years of experience, with at least 2+ years working with Annuity
products, and familiarity with pricing strategies, reserve programs, and
financial forecasts. Salary $open. (PR5459*) |
|
Pension
Actuary opening in Suburban
New York/Connecticut.
Review the actuarial work produced by other associates. Actuarial
work includes data preparation for valuations, valuation programming and
summarization as well as preparation of benefit calculations and benefit
statements. Ideal candidate will have 4 to 6 years of actuarial pension
experience. Must be able to complete ALL aspects of an actuarial
valuation including data preparation and reconciliation, valuation
programming, development of the minimum required and maximum tax
deductible contributions as well as preparation of the applicable FASB
expense and disclosure summaries. Salary $open. (PR5473*) |
|
Associate Actuary opening in
New Jersey.
Provide pricing and product development support for group life insurance
products; work closely with other members of the actuarial staff, with
financial underwriters, with product management, and with account
management. Specific projects may include: Experience studies;
involvement with asset adequacy testing for group products; gain/loss
studies for various group life products; account case-specific projects,
including pricing and product development; analysis of group insurance
investment results, and working with the investment portfolio manager on
opportunities to improve results. ASA with minimum of 3 years actuarial
experience and experience with group insurance products a plus. Salary
$open. (PR5460*) |
|
Actuarial Director opening in
New Jersey.
Be part of a financial modeling group
that focuses on Economic Capital, UL Capital Management, Embedded
Derivative Valuation for UL secondary guarantee reinsurance, and special
modeling projects within Individual Life. Primarily responsible for:
Economic Capital modeling for traditional products; create and maintain
ALFA model to project cash flows under various economic and sensitivity
test scenarios, determine both available and required economic, and
analyze the projection results for EC purposes; help determine future
changes in methodology and develop a deeper understanding of the drivers
for changes in EC; modeling or analysis projects for traditional
products with focus on traditional products; support the Variable/UL
team for capital management for EC, capital management work, and
derivative work. ASA/FSA
with financial knowledge and financial modeling experience are required;
prior individual life experience is desired and prior
experience with the ALFA financial modeling software is strongly
desired. Hand-on experience on other modeling tool such as, MoSes, TAS,
PTS or other financial projection software packages will be considered a
plus. Salary $open. (PR5450*) |
|
Associate Actuary opening in
Connecticut. Prepare annual actuarial valuations, government filings, and FAS
disclosures for Defined Benefit clients' plans for both outsourced and
non outsourced plans; prepare FAS 106 reports; act as a subject matter
expert, inclusive of Defined Benefit and some Defined Contribution
topics; prepare cost estimates for proposed plan changes. Provide
information requested by accountants in connection with pension plan
audits; prepare any necessary information required by the IRS such as
cost limitations under various sections of the Internal Revenue Code;
review plan's experience and recommends changes. Strong oral and written
communication skills, understanding of the Defined Benefit product,
working knowledge of the Defined Contribution product and ability to
apply actuarial principles to resolve DB plan issues is ideal. At least
4-5 years of experience in preparing Defined Benefit, FAS 87 and FAS 106
valuations. Salary $open. (PR5449*) |
|
Manager, Retirement Actuarial Modeling opening in
Connecticut. Support the corporate
initiative plans for Economic Capital; quantify all of the major risks
the company is exposed to; contribute to the company’s capital
requirement determination for both market and insurance risks; develop
EC liability cash flows, involving the coordination of Retirement’s 30+
products. Utilize the following in day-to-day activities: actuarial
software (e.g. TAS, MG-ALFA), and Microsoft Office [including Visual
Basic & Access]. Responsible for managing or conducting and documenting
actuarial or product analysis and/or one of these business related
projects: actuarial modeling; actuarial systems analysis; closed block
support; contract and/or prospectus development; experience analysis;
financial planning, reporting or analysis; product design, pricing or
requirements; product operations support; reinsurance negotiation,
administration or reporting; or valuation. Passing of Actuarial and/or
CFA exams a plus but not required with at least three years of insurance
related experience, broad knowledge of business drivers and their
actuarial or product implications to the business group. Experience with
maintaining, and analyzing results from actuarial models. Experience
with MG-ALFA or TAS and Retirement products a plus. Salary $open.
(PR5447*) |
|
Actuarial
Associate/Manager opening in
Connecticut.
Join in Participating and Variable
Group Annuities valuation and modeling group. This particular position
will be responsible for the following: Asset Adequacy Testing (AAT),
Risk Based Capital (RBC), and Economic Capital (EC) for Separate Account
GICs and Synthetic GICs with commingled asset portfolio – preparing
asset holdings for projecting asset cash flows, calculating assumptions
for projecting product liabilities, updating models, analyzing model
outputs for asset adequacy, and preparing reports and attachments for
AAT memos; AAT/RBC/EC for Stable Value COLI products – similar to GICs;
convert models from TAS to MG-ALFA; calculate unamortized Deferred
Acquisition Costs (DAC) balances for Defined Contribution (DC) and
Defined Benefit (DB) products; assist quarterly true-up and annual
assumption unlocking for DAC calculation; calculate excess interest rate
reserve for year-end reporting. Knowledge of actuarial statistics and
assumptions used for valuing and modeling assets and liabilities,
understanding of the capital markets, 5+ years of working
experiences with insurance products/finance product, experience in
Statutory/GAAP/TAX reporting, actuarial modeling software (TAS, ALFA,
other), knowledge of Group Annuity products a plus. Salary $open.
(PR5446*) |
|
Actuarial Manager opening in
Connecticut.
Responsible for supporting the Variable Annuity pricing, product
development and product management. Coordinate, prepare, and perform
actuarial analyses to assist in the development of pricing strategies
and financial forecasts used in actuarial recommendations and reporting
as well as support for ongoing product maintenance; provide consultation
and clarification on actuarial models and risk issues; maintain
documentation of actuarial analysis and responses to insurance
regulators; oversee the work of lower level staff and/or technical
assistant; familiar with pricing strategies, reserve programs, and
financial forecasts. Near ASA/FSA or ASA/FSA with at least 4-6 exams and
4+ years of experience, preferably at least 2+ years working with
Annuity products. pricing software applications (ALFA a plus). Salary
$open. (PR5458*) |
|
Group Life Senior Actuarial Associate opening in
New Jersey.
Assist standards setting for GAAP and statutory reserving and
projections; develop reserving model for new product; implement any
changes in methods and/or assumptions that affect reserving; provide
support for monthly reserving process; forecast GAAP and statutory
reserves for multi-year planning; support Economic Capital Initiatives
and other enterprise projects; coordinate with other areas of Group
Insurance, including Finance/Controllers, Internal Audit, and other
actuaries. ASA with valuation experience is a plus and experience in
actuarial/financial models. Salary $open. (PR5454*) |
|
Associate Actuary opening in
New Jersey.
Develop and maintain actuarial software used to meet the business’s
inforce modeling needs, as well as the pricing and inforce management of
fixed rate annuities; implement the MG-ALFA system to address modeling
needs, which include asset adequacy testing, C-3 risk-based-capital
analysis, the business forecast and planning process, and economic
capital analysis; help further build out the model to perform
projections to support the company’s Economic Capital, support the
business planning model to include DAC unlocking and attribution
analysis, and address principles-based reserving as required under
VA-CARVM. Specific responsibilities include: Quarterly Earnings
Forecasting; economic capital; regulatory testings; investment actuarial
function for individual annuities, calculating and communicating
duration amounts and working closely with the portfolio managers to
ensure appropriate asset liability management of the products. Strong
quantitative and analytical skills. ASA
with strong financial/modeling knowledge (GAAP, ALM a plus) ,
actuarial-related programming expertise is required and prior experience
with the MG-ALFA financial modeling software is strongly desired. Salary
$open. (PR5453*) |
|
Senior Actuarial Associate opening in
New Jersey.
Be part of the Individual Annuity Hedging team in the Actuarial
unit of Annuities, which is responsible for the analysis and updating of
key liability measures for variable annuity and capital market
guarantees to facilitate the hedging of these risks in domestic and
international business environment. In addition, responsible for
providing the analysis to support the modeling of the hedging strategy
for the valuation group for cash flow testing, RBC C3 Phase2, and
planning and providing the
monthly GAAP FAS157 embedded derivative liability values;
product development process for variable annuities by providing
analysis and option costs for new variable annuity capital market
guarantees under consideration; help new VA initiative, which is
responsible for the development and enhancement of the hedging valuation
system with incumbent and new products, as well as development and
implementation of hedge strategy;
develop models to evaluate and price new VA guarantees and funds,
to build and test scenario generators, and to assist any other
quantitative and model work regarding the hedge group’s activities. ASA
or near ASA with 3 – 4 years of experiences in annuity business,
experiences in annuity valuation and hedging are plus and experience on
dynamic hedging, foreign exchange market, fund mapping are big plus.
Model validation experience for annuity products with TAS, MoSes,
MG-ALFA is helpful. Salary $open. (PR5452*) |
|
Associate Actuary opening in
New York/New
Jersey. Analyze and update key liability
measures for variable annuity capital market guarantees to facilitate
hedging of risks; provide
the analysis to support the
modeling of the hedging strategy for the valuation group for cash flow
testing, RBC C3 Phase2, Economic Capital (EC) and planning; provide the
monthly GAAP FAS157 embedded derivative liability values; product
development process for variable annuities by providing analysis and
option costs for new variable annuity capital market guarantees being
considered; serve in IA Hedge valuation team’s Economic Capital
sub-group, which is responsible for implementing and maintaining a risk
measurement framework for FAS 157 embedded derivative benefits; aid in
the development of a robust attribution analysis for liability value
movements and streamline the EC valuation process. Economic Capital is a
new initiative within Prudential, thus providing a unique opportunity to
help shape corporate view on
how to value Economic Capital. ASA with 3-5 years of actuarial
experience, advanced skills in model building using Access and Excel
(VBA), prior experience with TAS, MG-Hedge or similar actuarial modeling
software would be helpful and prior variable annuity and/or hedging
experience is desired. Salary $open. (PR5451*) |
|
Group Disability Associate Actuary opening in
New Jersey.
Perform actuarial analyses and develop and maintain actuarial models to
produce Group Disability Insurance base rates and other rating factors
using Excel and Access; perform experience studies to validate reserve
and pricing assumptions including incidence rates, claim termination
rates, interest rates, Social Security probabilities and award amounts,
cost of living factors, overpayment credits, pending and litigation
credits; develop and maintain cash flow forecasts and Asset Adequacy
Testing (AAT) models; support Rate Calculation team by calculating
special premium loadings for all-source backdoor integration and pension
benefit proposals; measure key business indicators such as incidence
rates, claim durations, distribution of claims by diagnosis and report
the results to management; maintain and enhance the Monitoring model.
Analyze LTD and STD loss ratio experience by area, industry, segment and
other key groupings; prepare and present summaries for senior
management, the product actuaries and underwriters. Perform Quality
Review and User Acceptance Testing on pricing and valuation tools as
updates and enhancements occur. Extract and summarize data from the data
warehouse and other sources to be used in geo-coding customer locations
in response to rating agency requests. 3 SOA exams plus 5 years of
experience as a Senior Actuarial Consultant, Business Analyst, Actuarial
Analyst, Actuarial & Group Insurance Head or related. Must have five 5
years of experience with Group Disability Insurance and 5 years of
experience performing actuarial analyses using Microsoft Access and
Excel. Salary $open. (PR5444*) |
|
Associate
Actuary opening in
New Jersey.
Responsible for supporting the implementation and maintenance of a risk
measurement framework for annuity business. Support the company wide
project to develop and implement an Economic Capital framework for all
business units; work with the VA business, the hedging assets, and the
fixed annuities; assist coordinating, conducting and documenting
workflows and actuarial analysis of Economic Capital for IA utilizing
ALFA and Hedge models and market consistent assumptions. FSA with
actuarial-related programming and modeling expertise is required,
quantitative and analytical skills, experience with TAS, MoSes, MG-ALFA,
MGHedge or similar financial modeling software and variable and fixed
annuity experience is desired. Salary $open. (PR5443*) |
|
Manager, Predictive Modeling opening
Connecticut.
Responsible for the preparation
of data and reports for predictive modeling projects. This
includes hands-on coding as well as analysis support. Support projects
for many Business Insurance areas and products. Specific duties: prepare
and analyze data to be used in predictive modeling projects; create
reports and output files as directed; provide and maintain information
for predictive modeling and other research projects; enter data and
perform standard actuarial calculations.
3+ years of technical programming experience
and knowledge of insurance
products and systems, understanding of programming and database
principles and best practices, understanding of the distributed
environment and MS Access and
UNIX skills a plus. Salary $open. (PR5438*) |
|
Health Economist opening in
Connecticut.
Analyze medical data associated with Workers Compensation,
Automobile, and General Liability bodily injury claims. Specific
responsibilities: apply advanced statistical concepts and data analysis
methods in innovative research and modeling; work on projects and may
direct 1-2 analysts on project work; assist in developing new approaches
to business problems using advanced statistical techniques and in
identifying new ways to apply statistical methodologies; examine price
and utilization trends for medical products and services; estimate
impact of different medical treatments and drugs on Medical outcomes
such as total costs, disability duration, and recidivism; identify key
cost drivers for medical costs, lost wages and other major cost
components of Workers Compensation and Bodily Injury claims; evaluate
the impact of regulatory/law changes in key jurisdictions; evaluate
medical networks and network partners. MA/PHD,
ASA/FSA or ACAS/FCAS designation with at least three years
experience with a Workers Compensation Carrier, Group Health Insurance
Carrier, or government/private research organization analyzing topics
such as health outcomes, clinical impact studies, provider
networks and physician performance, quality of care, health care
utilization, or healthcare cost trends. Ability to program in a
statistical programming language such as SAS, Stata, or SPSS; knowledge
of Health care systems and markets in the US, including Workers
Compensation, managed care organizations, PBMs, and Medicare, strong
background in the statistical/econometric methods commonly used in
healthcare research, experience with standard medical coding such as
ICD-9s, CPT-4s, and familiarity with relational databases such as
Access, SQL Server, Oracle, or Teradata. Knowledge of SQL a plus. Salary
$open. (PR5437*) |
|
State Pricing Actuarial Consultant opening in
Connecticut.
Provide a high level of technical and quantitative support to
actuarial staff to achieve company objectives for profitability and
growth. Assist in development of rates, rating plans, pricing
strategies, product development, financial forecasting, management
reporting, and other actuarial research by applying advanced statistical
concepts to quantitative support; ensure that actuarial systems and
databases produce accurate and efficient data; assist with implementing
actuarial decisions and strategies. Responsible for projects requiring
advanced statistical analyses, actuarial research, mathematical
calculations and technical skills. May direct projects that have
significant financial impact and may present to senior level management.
This position works under limited supervision; conduct analysis in
support of Actuarial staff. Interpret data and identify trends;
participate in discussions regarding underwriting strategy;
communicate results and their implications to business centers; prepare
responses to inquiries from insurance regulators; oversee programming in
Excel, Access or company software; serve as resource for complex
programming issues; present findings to underwriting and actuarial
management. Ideal candidate will have 5-8 years of insurance experience,
understanding of accounting principles and solid understanding of
financial reporting, knowledge of insurance products and operations,
understanding of insurance related models (ROE, cat modeling, etc);
ability in actuarial and quantitative analysis and statistical concepts.
Salary $open. (PR5436*) |
|
Strategic
Pricing and Catastrophe Actuary opening in
Connecticut.
Develop rates, rating plans, pricing strategies, pricing and
catastrophe metrics, and financial forecasts to achieve the company
objectives for profitability and growth. Services provided
include: evaluation of existing rate levels and rate structures,
individual accounts pricing, design of rating plans and dividend plans;
forecasting and interpretation of underwriting results; and the
maintenance of a database uniquely suited to the analysis of pricing
issues. Manage or participate in complex projects. Provide advice
and direction to less experienced staff. Specific
responsibilities: Develop and oversee implementation of sound rates
and/or rating plans/models; work with Underwriting to develop and price
new products. Support Underwriting in the pricing of large complex deals
not adequately handled by pricing models; provide analysis of
trends/factors/issues impacting Underwriting results and work with
Underwriting to determine action plans Work with regulatory unit to
prepare filings; forecast and interpret underwriting results to aid
management in planning process; analyze and interpret trends; help
develop financial business plans and business strategies; develop
data retrieval, categorization, and reporting systems; oversee the
production of reports needed by senior management and Underwriting to
monitor progress in improving profitability and implementation of
business initiatives; identify potential research areas and assess
usefulness; manage or participate in key/complex actuarial projects,
including cross-company actuarial initiatives. FCAS with strong
understanding of actuarial and other insurance related models (i.e.
property CAT, ROE and RBC models), solid understanding of financial
reporting, both GAAP and STAT; sound understanding of income statements
and balance sheets, experience with financial modeling and forecasting
and strong understanding of
insurance products and marketplace conditions and how they impact
financial models and results. Salary $open. (PR5435*) |
|
Senior Product Pricing Actuarial Manager
opening in
Connecticut.
Manage team responsible for analyzing financial results and preparing
Medicare Advantage bids and Medicare Supplement pricing. Key
responsibilities of this position include: develop financial models for
Medicare Advantage individual product strategy, and provide
advice and recommendations for
product changes; responsible for maintaining and enhancing key
projection and pricing tools (including rating model, bid model,
and strategic model); prepare numerous analysis schedules and summary
exhibits to Senior Products strategy teams; maintain rating models and
provide training and guidance to sales and underwriting departments.
Initiate, organize, direct and analyze actuarial research and develop
actuarial assumptions, develop and maintain profit studies, pricing
strategies and policies. Work closely with Product Management to
prepare financial forecasts to achieve profitability and growth goals.
Coordinate actuarial analyses, and communicate to product areas, after
consultation with an actuary, the results of those analyses and their
implications for the product line. Provide actuarial information to
produce revenue forecasts and financial reports. May have
management responsibility for unit. Ideal candidate will be ASA
with 6-8 years of actuarial experience including advanced knowledge of
actuarial statistics/assumptions used for ratemaking, loss reserving and
forecasting; strong familiarity with internal and external statistical
plans and sources of data, and the use of spreadsheet
applications; awareness of emerging issues affecting product lines;
excellent communication and presentation skills. Salary $open. (PR5462*) |
|
Small Group Actuarial Manager opening in
Connecticut.
Initiate, organize, direct and analyze actuarial research and develop
actuarial assumptions, develop and maintain profit studies, pricing
strategies and policies. Develop and provide rating factors for
use by Underwriting in the calculation of required rates. Develop
and update rating formulae to ensure the calculation of adequate premium
rates. Prepare rate filings and regulatory reports per state
requirements. Work closely with Finance to prepare financial
forecasts to achieve profitability and growth goals. Coordinate
actuarial analyses, and communicate to other areas, after consultation
with an actuary, the results of those analyses and their implications
for the product line. Provide actuarial information to produce
revenue forecasts and financial reports. May have management
responsibility for a small unit. The ideal candidate will be ASA
with 6-8 years of experience including advanced knowledge of actuarial
statistics/assumptions used for ratemaking, loss reserving and
forecasting, be very familiar with internal and external statistical
plans and sources of data, and aware of emerging issues affecting group
product lines; excellent communication and presentation skills. Salary
$open. (PR5461*) |
|
One-Of-A-Kind Life Actuarial
Consultant opportunity – WORK OUT OF YOUR HOUSE!!! Deal directly with
clients on a daily basis to provide actuarial support, training and
advice on best practices for implementing models. Work on documentation
for clients and research projects that provide exposure to state of the
art actuarial science and its application to real problems. Ideal
candidate will possess
strong interpersonal, communication, presentation and analytical skills
and will have at least 5 years of experience in the life insurance
industry in the US. You should have experience in life and annuities in
the areas of pricing, corporate, ALM or stochastic modeling work. Salary
$open. (PR5440*) |
|
Unique Life Actuarial Consulting
opportunity in
Toronto.
Deal directly with clients on a daily basis to provide actuarial
support and training. Provide documentation for clients; test new system
versions; research projects that provide exposure to state of the art
actuarial science and its application to real problems. Strong
interpersonal, communication, presentation and analytical skills and
will have at least 5 years of experience in the life insurance industry
in Canada or the US, experience in life or annuities in the areas of
pricing, corporate, ALM or stochastic modeling work. Willing to travel.
Preference will be given to those with ALM and/or U.S. experience.
Salary $open (PR/CL5441*) |
|
Research & Modeling Consultant opening in
Minnesota.
Provide technical and quantitative support for predictive
modeling group; bring business and insurance knowledge to mathematical
problems; assist in statistical data mining and other actuarial research
by applying advanced statistical concepts with guidance from senior
predictive modeling staff; model and analyze statistical data and
develop reports, spreadsheets and databases; propose, write and test
computer programs in model building; conduct research and predictive
modeling; interpret data and identify correlations using both univariate
and multivariate analysis; prepare responses to inquiries from business
areas; investigate and assist in data analysis; assist in summarizing
results; perform entry level programming in SAS, Excel, Access or
company software to perform modeling activities. 1 to 3 years insurance
experience or advanced statistical (or related) degree, understanding of
database principles, experience in quantitative analysis. Salary $%open.
(PR5439*) |
|
P&C Actuary
opening in New England.
Responsible for analysis, booking of direct and ceded financial results,
pricing, monitoring letter of credit requirements, and planning for
Programs and/or International books of business; interact with and
communicate results to various business partners; manage staff of 2.
FCAS or near-FCAS with 5-10 years progressively responsible commercial
lines experience, including supervisory experience, and knowledge of
underwriting concepts including company/agency relationships' importance
to the business success. Salary Open. (PR5434*) |
|
P&C
Actuarial Student opening in scenic
California with 3-6 years
of actuarial experience. Will be involved in all aspects (pricing,
reserving, reinsurance analysis, IT, etc.) of commercial line product.
Salary $open. (PR5433*) |
|
Associate
Actuary opening in Connecticut.
Assist in product development, financial reporting and analysis of
statutory and GAAP reserves. Responsible for product pricing, cashflow
testing, ALM analyses, financial modeling, and testing of various
financial, administrative, illustration, and reserving systems.
Specific responsibilities include: Assist in financial reporting
and analysis; prepare reserve and liability reports, RBC reports, AM
Best reports; perform AVR and IMR calculations as well as analysis and
explanation of reserve changes; assist in periodic balancing of various
accounts; develop and maintain expense allocation model; assist/review
production of reinsurance reports; facilitate
product development and pricing;
obtain proficiency in models used for pricing, such as TAS; coordinate
pricing effort with Marketing, Underwriting, and Investment Departments;
develop appropriate assumptions for product pricing; ensure product
pricing meets profitability targets; assist in actuarial memorandum
development and responses to state filing objections; assess
profitability of existing and new products; develop payout rates for
annuities; maintain familiarity with the latest techniques and tools for
financial modeling; perform projection of statutory and GAAP financials
to support operating plan and strategic outlooks.
ASA up to recent FSA with at least 3 years of life and/or annuity
actuarial experience; career ASA or career pre-ASA is fine as well.
Salary $open. (PR5432*) |
|
H&W Consulting Actuary opening in
New York.
Responsibilities include: financial management of client relationships;
consulting services to a select group of clients; leading benefit
strategy and plan design consulting projects; manage large client
projects while working with other experienced consultants; interact with
clients on a daily basis and deliver in-person presentations; assist in
training and development of staff. Ideal candidate will have
ASA or FSA designation
and 8 -15 years of Group Benefits consulting experience with particular
emphasis on health care; knowledge of and experience with all aspects of
the health care marketplace including plan design, pricing,
benchmarking, financial management/analysis including experience
projections and administration, general knowledge of life and disability
plans and knowledge of post-retirement medical benefits valuations (FAS
106) including both projection and underwriting aspects. Salary $open.
(PR5422*/PR5423*) |
|
Insurance
Economist opening in
New
York.
Contribute to consulting, corporate planning and analysis of the insurance
industry. Projects may be related to exploring the insurance market for
a new business line, quantifying and modeling an economic risk to
support actuarial work, analyzing sovereign risk or industry risk to
support credit risk managers, producing an industry outlook for a senior
executive, writing a study on a major market segment, etc.
Ph.D. or Masters degree in Economics with insurance industry and strong
written and verbal communication skills are required. Salary $open.
(PR5424*) |
|
DFA/ERM
Assistant Actuary opening in New
York.
Gather
information on internal and external risk factors and coordinate the
feeding of information into DFA and ERM modeling environment; assist
with the analysis and explanation of model output to interested parties;
assist with updating of various actuarial models; assist with quarterly
reserve reviews, by setting up the quarterly reserving process and
performing analysis; evaluate distortions in reserve reviews; provide
support to Accounting department; review reinsurance plans and calculate
premiums in accordance with internal profitability requirements;
ascertain premium rates required to ensure adequacy of terms and
conditions; present and defend rate indications to company underwriters.
Ideally 2-4 years of P&C actuarial experience, with minimum of 2+ recent
CAS exams. Salary $open. (PR5420*) |
|
Assistant Reserving Actuary opening in New York. Assist with quarterly reserve reviews, by helping set up the quarterly reserving process and perform analysis; evaluate distortions in reserve reviews; provide support to accounting; assist with Sarbanes Oxley compliance. 1-3 years related experience in a P&C insurance or consulting environment; minimum of 2+ recent CAS exams. Salary $open. (PR5419*) |
|
Chief
Actuary opening in Texas.
Play
key role in developing and executing strategic plans and business
objectives. Specific responsibilities include: perform advanced
actuarial analysis in the following areas: reserving, pricing, product
development, research/support and business planning; develop and
implement strategies to improve production efficiency and effectiveness
supporting company goals of optimized profitability, managed growth and
enhanced competitive advantage; investigate changes in trend (frequency
and severity) and impacts on reserve selections as well as forecasts for
future periods; partner with the Underwriting department to develop
predictive models that enhance underwriting performance; work in
collaboration with underwriting, claims, and senior management to
propose recommendations impacting pricing, planning and reserving;
develop indications, rate proposals, and filing support; manage and
direct students and analysts. ACAS or FCAS with 7-10+ years
progressively responsible experience, preferably with both commercial
property and casualty insurance, and with 2-5 years of
management/supervisory experience; knowledge of underwriting concepts
including company/agency relationships’ importance to the business
success and knowledge of actuarial and statistical concepts, experience
developing and implementing statistical predictive models. Salary $open.
(PR5417*) |
|
Health
Informatics Analyst opening in
Wisconsin. Work with
Network Management and Health Services staff to provide measureable
data-driven solutions focused on the improvement of members’ health
and cost of care.
Responsible for identifying cost savings opportunities, analyzing
and interpreting clinical and financial outcome results; help value
the impact that current and future initiatives have on cost and
quality. Specific responsibilities
include: work with Health Services to calculate and document
the value of current Utilization Management activities including,
but not limited to, Precertification, Concurrent Review, Discharge
Planning, Technology Assessment, and High Cost Claims Review;
propose recommendations on possible changes or improvements; help
calculate and document the value of Case Management activities
including, but not limited to, Above and Beyond Programs and Care
Coordination; calculate
and document the value of Disease Management activities including
Asthma, Diabetes, Cardiovascular and Perinatal Depression; help
calculate and document the value of Quality Initiatives including
HEDIS result analysis, CAHPS result analysis, preventive service
reminders and member satisfaction initiatives; develop and update
quarterly standard outcome reports; develop utilization statistics
by product and service category comparing actual claims experience
to benchmarks to identify possible areas of opportunity; help
understand the results and drill down into the data to develop an
action plan to improve results; coordinate implementation of action
plan and monitors results with quarterly reports; analyze membership
data and medical claims history to provide insight on potential care
management opportunities; develop statistical models as necessary to
perform analysis and prepares easy to understand visual displays;
develop and update periodic reports for internal staff and
providers; identify best value providers in and out of company’s
service area; play lead role in analyzing claims data by provider
system to identify opportunities to reduce claims costs based on
utilization changes. Salary $open. (PR5409*) |
|
Assistant Actuary opening in
Midwest.
Perform pricing and risk management activities for the Financial
Markets division. Support ALM and hedging analyses.
Participate in key unit projects (e.g. experience studies,
development of hedging strategies, support of initiatives of other
units such as valuation, corporate and investments, and
participation in market development activities) and perform ad hoc
requests assigned to the pricing unit; price and assess the risk of
both new treaties and changes to existing treaties; communicate
results, participate in discussions with management and document
final results; inforce
treaties, review experience and assess ALM risk exposures on an
ongoing basis with a continual view towards identification, design,
and development of new risk analyses and/or improvements to existing
risk analyses; prepare or
assist with developing ALM and/or hedging strategies in support of
Financial Markets’ risk management activities; assist
with analysis of hedging risks; participate in key unit and ad-hoc department
projects as needed. Near FSA or FSA with 3+
years of actuarial experience in life insurance/reinsurance,
especially life pricing, valuation and/or financial reporting;
experience with International life product designs, features,
terminology, and valuation a plus. Salary $open. (PR5410*/PR5411*) |
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Senior Actuarial opening in Southeast. Responsible for all actuarial modeling and financial reporting pertaining to a pending joint venture with an international company and the quarterly economic capital calculation and analysis. Specific responsibilities include: perform all reinsurance valuation activities in support of a developing joint venture project under the Variable Annuity product line; valuation and financial reporting processes, including quarterly reserves and DAC/VOBA, Embedded Value, Budget projections, and Cash Flow Testing for various regimes and several outside entities; run actuarial models and calculate and document financial results for cash flow testing, embedded value analysis, and business planning; develop analysis of quarterly earnings and other management reporting, as needed ; consult with joint venture managers to improve understanding of account and product line experience and trends in experience; assist managers in utilizing this information in account management and pricing decision-making; assist with asset/liability management strategies and tactics; work with product and risk managers to ensure these are consistent with product line pricing and portfolio management strategies and tactics; support analysis, development and implementation of new actuarial initiatives, guideline interpretations and relevant actuarial processes for the joint venture; redesign and update MGALFA models to integrate the economic capital market calculations required on a quarterly basis; analyze economic capital risk on a quarterly basis to ensure risk measurements are aligned with business norms; implement model changes to reflect market consistency requirements. FSA with 3+ years of experience with actuarial modeling, 5+ years of experience with US statutory and US GAAP reporting for Life or Annuity products, 2+ years of experience in managing financial reporting processes (actuarial or other), strong modeling experience in TAS, Prophet or C++ and familiarity with actuarial modeling processes, reinsurance, annuity experience. Salary $open. (PR5408*) |
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Senior
Actuarial Analyst opening
in Midwest.
Responsibilities involve: actuarial modeling, risk pool management,
insurance financing and insurance financing effects on medical
utilization, competitive environment, including Medicare marketplace,
industry, competition and regulatory environment;
business processes, systems,
tools, regulations and structure. Successful completion of 3-4 SOA
exams. Salary $open. (PR5393*) |
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Employee Analytics Senior Project Manager
opening at a hedge fund in
the
New York/
Connecticut
area.
Are you a
strategic thinker who can independently tackle process improvement,
system implementation, and data analysis assignments?
If so, you will communicate with senior managers throughout the
organization to understand their needs and pain points; analytically
dissect a problem into its components and using a logical approach to
identify and evaluate the potential solutions to the problem; map
processes and identifying breakage points in the process; design
creative innovations to tackle difficult problems; drive projects from
beginning to end with limited supervision; define system requirements
for new technology projects. Candidate must have superb project
management, analytical, and technical skills, ability to make decisions
in a fast paced environment
and able to prioritize and process a high volume of work while
maintaining the highest quality. Experience in strategy consulting
ideal. Must be from a top
ranked university. Salary $open. (PR5390*) |
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Actuarial Director – Medicare RX opening in Midwest. Lead a team of actuarial associates in the delivery of actuarial services for Prescription Drug business. Manage the assessment of risk, opportunities, and mitigating strategies that could positively impact the financial performance; actively promote a strong management team, providing technical and staff leadership in order to aid pricing, product development and improved experience reporting initiatives within the company; lead the pricing and analysis for the PD business; evaluate and develop monthly financial projections; |