Actuarial Searches
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Actuarial
opening in
Southeast.
Provide leadership for the valuation,
financial reporting and analysis functions for block of business, to
include periodic variable annuity payout business; manage staff of
professional actuaries in SPIA valuation unit, and coordinate,
prioritize and supervise their activities; ensure the timely delivery of
accurate valuation and related financial information for external
financial reporting and internal customers (including preparation of
annual statement components); ensure the delivery of timely and relevant
analysis and support pertaining to SPIA actuarial matters to internal
customers, various auditors and regulators; ensure the delivery of
timely and accurate financial information and support to reinsurers;
ensure the reliability of the APL and related SPIA valuation systems and
processes through appropriated maintenance and testing, management
review, new processes implementation, automation and staff management;
ensure compliance with senior management requests, corporate
initiatives, and professional and regulatory requirements pertinent to
SPIA business; ensure the timely and accurate delivery of forecasts,
projections and related support to various internal customers. ASA or
FSA with 5+ years of relevant work experience in the life insurance
industry. Salary $open. (PR5088*) |
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Director
Catastrophe Modeling opening in
New York. Manage
Corporate Cat modeling unit which models exposures to: US hurricanes,
European windstorms, earthquakes, acts of terrorism, and infectious
disease exposures from all relevant lines of business including
property, work comp, life, and A&H.
Activities include: providing modeling reports for financial
statements, rating agency reports, corporate aggregate monitoring,
reinsurance placements, underwriting, and senior management requests;
managing cat modeling staff (4 people currently); serving as the lead
liaison with cat modeling vendors. 3+ years cat modeling experience
required. Salary $open. (PR5087*) |
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Exciting P&C
ERM Actuarial/Financial Modeling opening in
London, England.
The focus of this role is to support both the rating of Insurance Linked
Securities (ILS) and also the ratings reviews of company’s internal
economic capital models. Serve as lead analyst reviewing the Economic
Capital models of non-life insurers and reinsures; assess the
suitability of different methodologies and their implementation within a
variety of insurance and reinsurance companies; provide technical input
into the development and ongoing maintenance of review criteria for
economic capital models; serve as lead analyst on cat bond deals that
will include review of models, documentation and structuring; actively
participate in criteria development and thought leadership articles in
ILS; build strong relationships with market participants, eg. issuers,
investors, intermediaries, etc.; undertake speaking engagements
(presentations / panel representation) at industry conferences.
Must have professional experience of quantitative actuarial or
financial modeling, practical experience of analyzing and reviewing risk
models at non-life insurers or reinsurers (e.g. using Igloo or Remetrica)
either gained at a consultancy or within a direct or reinsurance
company. The ideal candidate
should also have experience in reviewing specific risk models such as
RMS, AIR, EQECAT for catastrophe and again ideally experience of ILS
structuring. Salary $open. (PR5094*) |
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Senior Risk Management Analyst opening in
Southeast.
Lead Risk Experience Analytics and Analytics team projects;
accountable for analysis and interpretation of emerging block
performance; partner with the Actuarial team to provide detailed
performance analysis and management reporting; responsible for the
support of bi-annual In Force Reviews, quarterly RADAR reports, and
monthly Dashboards; partner with colleagues in Corporate Risk, Finance,
and Actuarial departments on key processes including pricing and
projection assumption changes, Option Based Valuation calculations, Cash
Flow Testing, and Operating Plan goals; engage Actuarial staff on key
performance factors including claims performance, lapse rate
assumptions, mortality rates, and morbidity rates as part of annual
assumption setting exercise; work with the Finance team to ensure
financial results and Risk analytics are consistent; provide Risk
Management perspective and data driven decision support for product
design, underwriting, and pricing. ASA with 7+ years of related work
experience and experience with LTC insurance. Salary $open. (PR5092*) |
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Actuarial
Assistant opening in
Southeast. Play a key role in building and maintaining pricing models (ALFA and
MoSes) for stand-alone LTC products as well as combo products (e.g.
LTC/UL, LTC/Annuity products). ASA or near ASA with at least 5+ years of
actuarial pricing experience and experience with pricing software e.g.
MoSes or ALFA. LTC product knowledge and pricing experience is desirable
but not required. Knowledge of GAAP and Statutory preferred as well.
Salary $open. (PR5090*) |
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P&C
Actuarial Analyst opening in
Illinois or
Indiana. Use modeling
and quantitative skills to analyze and interpret data to assist in
pricing and reserving of insurance products; extract, sort, summarize
and process data from various sources; apply GLM and other predictive
modeling techniques to improve pricing, claims and other insurance
processes; produce rate level analysis exhibits; and develop and
maintain spreadsheet programs. Minimum of two years P&C actuarial
experience and successful completion of at least two CAS exams. Salary
$open. (PR5086*) |
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Corporate Global Benefits Actuary opening in Connecticut. Support the Director of Global Benefits in managing worldwide benefits programs to ensure programs remain competitive in attracting and retaining talent. Other responsibilities include supporting executive benefit programs, board meeting support, and involvement in Mergers & Acquisitions within the company. Assist in establishing and implementing benefits strategy and philosophy, planning, and regulatory compliance; research alternative plan design solutions that manage cost and utilization while maintaining competitive and attractive benefit offerings; assist in design and development of effective health and welfare plans; provide oversight and guidance on international benefit issues to regions; provide assistance with due diligence and post merger integration of acquired companies; prepare executive non-qualified pension calculations and review actuarial calculations and reports prepared by outside consultants; evaluate risk of benefit financing including use of multinational pooling and captives; provide assistance with international employees and expatriates; forecast annual pension expense under SFAS 87; forecast annual post-retirement medical expense under SFAS 106; assist in assumption setting and disclosure process for pensions and post-retirement medical; support in preparing board meeting and asset and benefit committee meeting presentations. EA/ASA or CEBS certification preferred, with 5-10 years of experience with defined benefit plans (health and welfare plans exposure a plus). Knowledge of SFAS 87, 88, 106, and 158; exposure to benefits work in more than one market, work in international consulting position ideal. Salary $open. (PR5083*) |
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Derivatives
Senior Pricing Analyst opening in
New York/Connecticut.
Create and evaluate
derivative product valuation techniques and provide analytical support
for various asset classes and insurance products; develop valuation
models to enhance asset liability management strategies and provide
support to the insurance business units as well as the Investment
department; price interest rate derivatives and Mortgage Backed
Securities; assist businesses with pricing derivatives embedded in
insurance products; analyze and recommend optimal derivative hedge
strategies for liability management. Knowledge of interest rate and
credit derivative valuation as well as Mortgage Backed Security pricing
and a understanding/familiarity with fixed income derivative valuation
techniques. Ph.D. in mathematics, physics, engineering, quantitative
finance, econometrics or computer science with a minimum of 3 years
experience working with various types of fixed income derivative
valuation. Salary $open. (PR5077*) |
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Life Actuarial opening in New
York
involving Variable Annuity hedging. Hedge GMDB & GMIB and calculate
the related IFRS reserves, New Business Value & European Embedded Value
calculations, new statutory RBC requirement, Economic Capital, etc.
Conduct multi-scenario testing; RBC C3 Phase 2 calculations/Capital
Analysis; analyze new business opportunities; perform pricing oversight
analysis. FSA with 5-9 years of relevant experience required. Salary
$open. (PR5065*) |
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Senior Financial Actuary opening in
Southeast.
Responsibilities: plan, develop, organize, and implement the
International Actuarial Modeling function, and ensure that required
valuations of International Reinsurance business are performed in a
timely, accurate and transparent manner; 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 to senior management both business and CFO, and to the Regions;
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, and that appropriate policies are in place to ensure
requirements are met. 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; establish and maintain an
effective control environment for actuarial modeling; collaborate with
the Regional CFO’s, pricing actuaries and experience analysis unit tial
to assure appropriate controls are in place; assure the continual
improvement of valuation processes through effective business process
management, and by a combination of continuing education and
professional growth. FSA,
FCIA or equivalent with 10+ years
in an actuarial or financial role and a minimum of 5 years of actuarial
modeling experience. Salary
$open. (PR5071*) |
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Quantitative Actuarial Analyst opening in
Southeast.
Conduct quantitative analyses and build
predictive models and quantitative tools from question formulation to
presentation of outcomes. Responsible for:
analyzing relevant business
strategies and developing models, using appropriate PC applications and
ensure that appropriate consistency across various models developed is
maintained; play a key part in identifying issues, determining areas in
need of analysis, developing analytical solutions, and turning business
ideas into quantitative formulations; significantly improve the
analytical capabilities of the area; proactively assist in the
identification of risks in new product concepts, develop pricing models,
assess reserving and capital requirements, and facilitate decision
making; participate and contribute to the thought process involved in
aligning the quantitative analysis skills to new product concepts;
develop pricing models for new product concepts; develop models that
will identify and analyze inherent risks, reserve and capital
requirements for new product concepts; work closely with other
associates, and external sources to determine appropriate underlying
assumptions; perform basic model validation review of pricing,
valuation, and capital models; communicate and present results.
Experience in financial modeling
(e.g., partial differential equations, option pricing theory, Monte
Carlo simulation, Value-at-Risk, econometric analysis, etc.) preferred.
ASA/New FSA with at least 5 years of insurance actuarial experience,
including 2+ years in a pricing and product development role;
reinsurance industry experience preferred. Salary $open. (PR5070*) |
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International Chief Actuary opening in
Southeast.
The ideal candidate will have proven
financial leadership and management experience in the insurance
business, preferably reinsurance;
possess a combination of excellent technical (actuarial) skills,
detailed knowledge of insurance and reinsurance products and financial
statements, an ability to clearly communicate complex pricing and
valuation issues, and excellent influence and negotiation skills; be an
advisor, coach and mentor to divisional actuarial staff;
function as a key member of the senior management team and work
to ensure that appropriate pricing and financial risk management
strategies, plans and programs are in place to effectively support the
overall strategic direction;
also function as an advisor to the CFO and CEO and have input into the
broader operations of the organization. Major Responsibilities: plan,
develop, organize, implement, direct and evaluate a corporate actuarial
staff responsible for setting pricing and valuation policies and for
ensuring that required valuations of International Reinsurance business
are performed in a timely, accurate and transparent manner. These
required valuations include Embedded Value, Economic Capital, IFRS, US
GAAP and statutory valuations, as well as the annual budget process, for
entities that underwrite International Reinsurance business; provide
leadership, motivation and support to corporate actuarial staff,
enabling achievement of key individual and team results; provide
technical oversight, leadership and financial support to the Regional
CFOs. Represent interests
with respect to emerging actuarial valuation issues, and participate in
industry and professional association efforts to shape new standards;
ensure changes in IFRS, US GAAP, Statutory, and tax valuation
requirements are communicated to key business unit and financial staff,
and that appropriate policies are in place to ensure requirements are
met. 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. Play the lead
role in integrating the actuarial valuation function and results into
pricing processes; assure the continual improvement of valuation
processes through effective business process management; establish and
maintain an effective control environment, both financial and
operational. Strong collaboration and engagement with the business
unit CFOs and valuation teams will be essential to assure appropriate
controls are in place. FSA,
FCIA or equivalent with 10+ years in an insurance company financial
actuarial role, preferably reinsurance . Salary $open. (PR5069*) |
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Life Actuarial opening in New York.
Responsible for financial reporting and
analysis of the individual annuity business; prepare, analyze and manage
the monthly financial close process, working with Controllers,
Actuarial, internal and external auditors; provide GAAP, STAT and IFRS
reserves for annuity products including fixed and variable products;
implement new products in the valuation systems; keep on top of and aid
in implementation of emerging GAAP, STAT and IFRS actuarial reporting
requirements related to individual annuity products and features
(including GMDB, GMIB and GMWB); perform SOX testing. FSA or near FSA
with 5+ years of actuarial experience and knowledge of annuity products
valuation and financials. Knowledge of GAAP, STAT and IFRS valuation a
plus. Salary $open. (PR5068*) |
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Life Actuarial opening in New York.
Responsibilities: valuation, financial reporting, and financial analysis
of individual life insurance business; maintain and implement new
products and procedures in valuation systems; perform periodic
preparation and analysis of actuarial liabilities; analyze and implement
new financial reporting regulations (e.g., principles-based reserves);
install new valuation software platform; perform Sarbanes-Oxley testing.
Knowledge of GAAP, STAT and IFRS valuation a plus, experience with
valuation and/or modeling software. Near or new FSA with extensive
knowledge of life insurance product valuation and financials with
5+years of actuarial experience. Salary
$open. (PR5067*) |
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Life Actuarial opening in New York.
Responsibilities: design and price new
life insurance products or enhancements to current products; analyze
design features and product competitiveness/profitability/risk factors,
develop actuarial specifications for systems, actuarial support for
regulatory filings, and provide overall actuarial support to various
areas of the company. FSA with experience in life insurance products and
pricing, understanding of life insurance products, state insurance laws,
SEC and tax laws, as well as a full understanding of actuarial
principles and life insurance pricing.
Salary $open. (PR5064*) |
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Senior
Actuarial Analyst opening in New
England area.
Under general direction, assists in the actuarial
analysis of pricing posture and the development of rate level
commendations and loss reserves
to department management; supervise 1-2 analysts. Completion of a
minimum of 5 CAS exams is preferred with 2 - 6 years of P&C experience.
Salary $open. (PR5076*) |
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Vice
President International Equity Risk Leader opening in
Southeast. Responsible for leading the International Risk Management Team for
various insurance products. Enhance
the processes and oversight necessary to hedge Variable Annuity benefit
exposures, both US-based and International, using Capital Markets
Solutions; increase hedging program effectiveness to improve risk
management and cost efficiencies; provide oversight and approval of
derivative trade recommendations; develop monitoring reports and control
mechanisms to cover the underlying product exposure and hedge position
exposure; interact with multiple functions including Finance, Actuarial,
Product Management, Treasury and Investments; evaluate existing Equity
Fund; provide oversight of Variable Annuity mutual fund process;
maintain internal mutual fund rating system and evaluation process;
conduct fund company due diligence meetings to ensure adherence to
processes and risk controls; provide oversight of underlying Equity
Guarantee of Variable Annuities for performance and risk exposure; set
standard for Variable Annuity fund selection to meet overall risk
strategy; develop variable annuity economic capital models to quantify
equity market risk and product risk. 7+
years experience in financial services industry; Capital Markets
experience (buying, selling, trading derivatives instruments); advanced
degree in Finance or Economics, MBA, CFA or CPA with Experience in
broker/dealer capital markets. Salary $open. (PR5074*) |
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P&C
Actuarial Director opening in
Midwest.
Manage product development activities, or valuation/reserving
activities. Requires an experienced actuarial viewpoint in a wide
variety of actuarial subjects and in Company, industry and regulatory
practice. ACAS/FCAS with 10+ years of pricing experience, working
knowledge of PC and mainframe hardware and software, excellent
analytical, organizational, and management skills and knowledge of
Cormis and SAP a plus. Salary $open. (PR5072*) |
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Pricing Actuary opening in
Southeast.
Responsible for pricing new term life products to meet the market
requirements while maintaining the company's profitability and risk
management objectives; assist with preparing and communicating
financials and objectives to leadership; aid in development of
investment, product, and corporate strategies; support policy filings
including development of actuarial memoranda, technical
review of policy forms; provide
technical support for new product specifications; perform stochastic
analysis on new product introductions. ASA
or near FSA with working knowledge of FAS 60, Regulation XXX, and Term
Pricing, as well as knowledge of GAAP, Statutory, and tax accounting.
Salary $open. (PR5061*) |
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Associate Actuary opening
in Southeast.
Perform valuation and analysis for Long Term Care business.
Responsibilities: business modeling and reporting processes, including
Sarbanes-Oxley controls and source-of-earnings analysis; work closely
with the Finance and IT Departments to ensure accurate reporting of
reserves; monthly, quarterly and annual Statutory, GAAP and Tax
financial reporting and analysis; GAAP unlocking, and DAC process;
preparation of various statutory annual statement exhibits, schedules,
and supplements; research and prepare responses to state exams, internal
& external audits, and surveys; and perform ad hoc actuarial requests.
ASA or FSA with at least 3-5 years experience in Disability Income or
Long Term Care; PolySystems experience (HealthMaster preferred) and
knowledge of U.S. GAAP and Statutory reporting ideal. Salary $open.
(PR5060*) |
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International Pricing Actuary opening in
Southeast.
Responsible for indicative and final
pricing for all International Retirement Income (RI) products; set
pricing assumptions taking into account differences for the market -
reserves, capital, tax, policyholder behavior, local experience, etc;
develop financial models; work closely with US product team to ensure
consistency and leverage existing work products; work closely with
experts in various local markets to leverage expertise and ensure
consistency between pricing and reporting; provide illustrative
numerical examples during the product design phase; convert pricing
models to new software; provide actuarial support for the filing
processes; analyze experience studies and determine impact on pricing
assumptions; provide support for in force management of International RI
products - review actual results compared to pricing and recommend
assumptions changes and product re-pricing; manage illustration software
testing for International RI products; work with Risk area to develop
radars to limit risks in International RI products; review marketing
materials for consistency with product design; test administration
systems for new products and provide actuarial support for items not
handled by the administration system. ASA with prior annuity experience,
preferably in pricing and product development and at least 4+ years
actuarial experience. Salary $open. (PR5059*) |
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Corporate Vice President & Actuary
opening in
New York.
Play a key role in the
objective to drive continuous improvement in the Risk Management and
control processes: assist in the roll-out of key elements of the
Enterprise Risk Management (ERM) Framework and will be involved with
developing enhanced risk measurement and monitoring tools; product
development and/or corporate financial management roles relating to life
insurance or annuity products;
FSA (with CFA and/or FRM/PRM qualification a plus) and experience
with Economic Capital, Asset Liability Management and risk management;
exposure to building asset/liability models on actuarial or risk
management systems platforms; strong analytical and financial modeling
skills. Salary $open.
(PR5062*) |
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Supervising Actuary – Life Actuarial Finance Reporting opening in
Southeast.
Manage the Life Actuarial Financial Reporting Team; lead the
quarterly and annual Traditional and Interest-Sensitive Life valuation
and actuarial financial reporting processes, as well as supporting
business modeling. Responsibilities: enhancement of PolySystems'
LifeMaster/ULMaster valuation software, especially through
implementation of new products, reinsurance arrangements, and capital
market captives; recoverability analyses, unlocking and GAAP
projections, ensuring actuarial financial reporting systems are
regularly updated, maintained and tested for financial closes and
supporting all modeling cycles, including option based valuations,
economic capital and value analyses, long-range planning, as well as
short-term reforecasts. FSA or ASA with significant actuarial financial
reporting and some business modeling and at least 5+ years life
actuarial experience. Salary $open. (PR5057*) |
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Actuarial Product Development Leader opening in
Southeast.
Responsible for indicative and final pricing for all Fixed Annuity
products; monitor changes in US regulations and standards; work with
Valuation, Tax, Legal, etc. to ensure compliant practices are reflected
in pricing; analyze experience studies; approve pricing assumptions for
Fixed Annuity products; work with Investments and Risk teams to develop
appropriate investment assumptions; ensure hedging is appropriately
reflected in pricing; provide input into the hedging process, including
validation of hedging model for new products; supervise development of
financial models for Fixed Annuity products; prepare financial and other
information for tollgate reviews with various groups including Risk
Committee and Retirement and Protection Risk Committee; present results
in these forums; provide actuarial support for in force management of
Fixed Annuity products; supervise illustration software and admin system
testing for Fixed Annuity products; work with Risk area to develop and
monitor radars to limit risks in Fixed Annuity products. Prior annuity
experience, preferably in pricing and product development. FSA with 5+
years actuarial experience. Salary $Open. (PR5052*) |
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Pricing Leader opening in
Southeast.
Responsible for indicative and
final pricing for Variable Annuity products including base products and
all riders; monitor changes in US regulations and standards; work with
Valuation, Tax, Legal, etc to ensure compliant practices are reflected
in pricing; analyze experience studies; approve pricing assumptions for
VA products; work with Risk Management team to develop appropriate
market assumptions (equity returns, interest rates, correlations between
asset classes, etc); ensure hedging is appropriately reflected in
pricing; provide input into the
hedging process, including validation of hedging model for new
products; supervise development of financial models for products;
prepare financial and other information for tollgate reviews with
various groups including Risk Committee and Retirement and Protection
Risk Committee; present results in these forums; participate on team to
review new funds on which equity guarantees are proposed; provide
actuarial support for in-force management of products; supervise
illustration software and administration system testing; work with Risk
area to develop and monitor
radars to limit risks in VA products. FSA with 4+ years of annuity
experience, preferably in pricing and product development. Salary $Open.
(PR5050*) |
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Captive Valuation Actuary opening in
Southeast.
Oversee actuarial controllership regarding the captive financial
reporting needs.
Responsibilities include: coordinate financial reporting needs and
perform peer reviews; manage implementation of new deals; watch for
triggers and downstream impacts; participate on Actuarial or business
project teams to ensure that Actuarial and business needs are properly
addressed. FSA with 5+ years experience in Insurance Valuation,
including U.S. GAAP and Statutory reporting. Salary $Open. (PR5049*) |
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AVP &
Actuary opening in New Jersey.
Supervise the pricing and financial projection analysis for the
reinsurance assumed business, including recommendations for assumptions,
methodology, deal participation and projection of expected future
results; develop and analyze internal and external risk management
procedures to ensure the integrity of business model; work with other
professionals within the department to develop and implement a strategy
for profitably increasing our reinsurance assumed business; provide main
contact point for existing and potential reinsurance clients for both
ceded and assumed businesses; negotiate and supervise implementation of
new reinsurance arrangements for direct business, including oversight of
the RFP process and coordination between all clients, both internal and
external; supervise the drafting, review, execution and maintenance of
all ceded and assumed treaties. FSA/ASA with extensive knowledge of life
insurance and annuity products and financials required; working
knowledge of life reinsurance preferred and a knowledge of the Life
Reinsurance risk management. Salary $Open. (PR4630*) |
|
Investment
Strategist opening in New England.
Responsibilities include:
Forecast and analyze financial statements in both a Dynamic Financial
Analysis and an Enterprise Risk Management framework to develop
individual investment strategies for P&C insurance companies; assist the
investment committee in analyzing fixed income portfolios; support
client managers in developing yield and surplus optimizing fixed income
strategies, asset/liability management, benchmark index risk analysis
and portfolio performance attribution; communicate investment strategies
to clients. Open to near/ACAS-FCAS, near/ASA-FSA, or CFA with 8+ years
of insurance or investment industry experience. Salary $Open. (PR5048*) |
| Pricing Actuary opening in New York. Responsibilities include: account pricing, account monitoring and model updates for all lines of property and casualty reinsurance; audit clients and travel to industry seminars as necessary; participate in ongoing enterprise risk management project. 7+ years related (excess pricing or reinsurance pricing) experience and/or training. Salary $open. (PR5047*) |
|
Actuarial Manager opening in
Connecticut.
Utilize independent judgment and discretion, 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; provide actuarial information to
produce revenue forecasts and financial reports;
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 as per state requirements. May have management
responsibility for a small unit. Near ASA through near FSA
with 3-8 years of group pricing experience and knowledge of
actuarial statistics/assumptions used for ratemaking, loss reserving and
forecasting. Salary $Open. (PR5044*) |
|
L&H Actuarial Valuation opening in
Mid-Atlantic Region.
Become
in-house expert for Individual Disability Income, Life Disability Waiver
of Premium, and other group life insurance reserve valuations; provide
actuarial and technical support for the valuation systems; ensure
appropriateness of new business and inforce reserve assumptions for
group insurance products; support asset adequacy analysis for group
insurance products; develop robust reserve analytics; communicate
reserve variance and earnings analysis to the line of business; partner
with product actuaries, ALM staff, capital management, accountants,
reinsurance and M&A areas, SOX, and internal and external auditors as
required; manage a team of 2 direct reports. Near FSA or FSA with
excellent organizational, mathematical, and analytical abilities; group
Life and Health insurance product experience is a plus. Salary $Open.
(PR5043*) |
|
Life & Health Marketing Actuary opening in
Northeast. Responsible for
ensuring profitable growth of direct marketing operations; manage
creation and maintenance of profitability models for direct distribution
channels; work with profit center actuaries, underwriters and marketing
heads to ensure adoption; oversee process to grant direct marketing
“spend” authority to regional marketing managers; develop financial
models to support growth of new sales entities with distinct
distribution and underwriting revenues across multiple lines of
business; provide financial modeling support to specific segment
strategies; manage creation of quarterly profitability review of direct
marketing; supervise and conduct analysis of programs and business
cases; analyze profit, persistency, loss and expense ratios; supervise
deployment of P&L models into
campaign planning tool provided to marketing staff; assist profit
center actuaries and accountants in implementation of policies for
capitalizing and amortizing direct marketing expenses; specify and
oversee implementation of lapse analysis and reporting tools into
database marketing platform; work with data mining staff to improve
product targeting and sequencing to customers and partner’s customers;
work collaboratively to develop and implement customer-level lifetime
value models; develop a working knowledge of the in-country insurance
regulatory environment; develop a strong working knowledge of direct
marketing insurance products and pricing across global markets.
Technical skills desired include strong Microsoft Excel and Word.
Knowledge of Visual Basic or SQL helpful.
ASA or near FSA with at least 7+ years of life or health
experience. Salary $open. (PR5046*) |
|
Actuarial -- Annuities opening in
New
Jersey.
Responsibilities: Annuity DAC
valuation, including calculating DAC in accordance with FAS 97 and SOP
05-1, GAAP reserves required
for minimum guarantees in accordance with SOP 03-1; variance analysis
for senior management; perform FAS 97 DAC calculations for monthly
financial close; provide variance explanations for senior management;
identify potential items that may influence DAC and earnings; work
closely with the Valuation Unit to coordinate DAC and valuation models
on PolySystems; collaborate with the Asset Liability Management Unit to
calculate SOP 03-1 GAAP reserves for minimum guarantees; extract
financial data from various systems for experience true-up; partner with
the Financial Reporting Unit for expense and investment assumptions;
partner with the Financial Forecasting Unit to provide DAC for monthly
earnings projections and the annual financial plan; collaborate with the
Experience Study Unit to perform annual assumption review; provide
analysis of Annuity DAC earnings sensitivities; perform testing for
system modifications on PolySystems and MGHedge and improve and automate
DAC processes. Ideal candidate is near ASA through new FSA with at least
5+ years of actuarial experience as well as expertise with
EXCEL and
VBA MACRO, business sense to develop an overall
comfort with the change in DAC, experience with non-traditional products
and Variable Annuity Guaranteed Living Benefits preferred, experience
with
POLYSYSTEMS and
MGHEDGE and proficiency in using
COGNOS POWER PLAY,
HFM and Reserve Repository. Salary $Open.
(PR5039*) |
|
Cat modeling position available in New York.
Responsibilities:
define analyses to help manage
client catastrophe exposures; supervise/assist other staff members in
their analyses; run catastrophe analyses using RMS, AIR and EQE software
to estimate insurer’s catastrophe losses; conduct checks and edits of
client-supplied data; interpret and highlight exposures that are unusual
or problematic; analyze results in relationship to client’s reinsurance
purchase and financial condition; conduct presentations (written and
oral) of findings to brokers/clients and prospects/reinsurers; analyze
and remain up to date on model characteristics and their impact on
results. Proven ability to use SQL, MS Access, Visual Basic, RMS
RiskLink, AIR CLASIC, EQEcat, MapInfo.
RMS or AIR certification with 5+ years working
directly with the various commercially available cat models (RMS, AIR,
EQE). Salary $open. (PR5040*) |
|
Associate Actuary opening in Southeast.
Conduct actuarial studies of rate adequacy and loss reserve
sufficiency; perform traditional actuarial ratemaking and loss
reserving; conduct simulation and stochastic modeling of insurance
problems; be involved in reinsurance structures; evaluate and interpret
financial regulations affecting the banking, mortgage securitization,
and mortgage insurance industries with specific interests in capital and
financial requirements that affect the desirability of private mortgage
insurance relative to alternative credit enhancements;
conduct capital, pricing and ROE analysis of company products and
programs; assist with pricing and structuring quotations on large
negotiated transactions and portfolio opportunities; assist with new
product development, including ROE and pricing analyses, as well as
provide actuarial input on product structures, coverage, and
underwriting guidelines; develop new Discounted Cash Flow model
methodology for unique products; conduct actuarial reviews of loss and
unearned premium reserve levels for the operating units, as well as at
the product line level; provide actuarial support for the rate filing
process with the various state insurance departments, including
actuarial memorandum, rate indications, support for the underwriting
profit provision, and the allocation of investment income to product
line; keep current on current financial capital developments including
new concepts of ROE determination, economic capital measurement and
risk-based capital rules; monitor activities in mortage-backed assets
and be able to evaluate relative competitiveness of senior sub,
over-collateralization and other structures to mortgage guaranty pool
insurance, both in the US and internationally; assist in evaluating from
time to time efficient ways to conserve company capital including the
use of reinsurance and derivatives; backup all applications, critical
databases, documents, and output according to department standards;
maintain extensive documentation of all programming and analyses and
maintain complete supporting data for all work. 2 openings: one a junior
position, one a more senior position. For junior position: ideal
candidate will have 0-2 years of any actuarial experience and 1-3 recent
exams; for more senior position: ideal candidate will be near ACAS
through FCAS with knowledge of statistical techniques including sampling
theory, regression, confidence intervals, monte-carlo simulations and
stochastic modeling and knowledge of the financial services industry
participants and practices. Salaries $open. (PR5035*/PR5037*) |
|
P&CActuarial
Assistant opening in
New York.
Report to Head of Pricing;
provide support to the Specialty Pricing Actuary; strong computer skills
required, especially Excel, and Access, and SQL; ability to work with
large data sets; strong analytical and programming skills; work products
written in the US including but not limited to Marine, D&O, Lawyers,
Contractors, Excess & Umbrella; perform rate monitoring, pricing
studies, management reporting and reinsurance presentations. Ideal
candidate will have 2+ years P&C actuarial experience and 2 CAS exams;
open to exam or non-exam taker. Salary $open. (PR5030*) |
|
Actuarial consulting opening.
Work Anywhere –
Your Choice!!!
Advanced degree in Statistics/Economics/Finance or
similar quantitative discipline, experience in applied
statistics/econometrics of at least 3-5 years including complex modeling
and data preparation (SAS), the ability to lead highest level data
mining, predictive modeling, and business analytics projects in
Insurance (P&C) and Banking, and a high level of communication, writing
and interpersonal skills with capability to present before customers and
work with project teams at customer sites. Prior experience in a
statistical or consulting firm is highly desirable and specific
insurance and/or banking industry experience is an advantage.
Willingness to travel in the US & Canada is required. Be able to work
with sales executives to present the solution to Insurance and Banking
customers, and work on/lead project teams and customer
consultants/actuaries/pricing analysts implementing a solution at
customer site. Open to any actuarial exam level. Salary $open. (PR5029*) |
|
Actuarial Analyst opening in
California.
Responsibilities: maintain the ratemaking integrity of Auto and Home
products, recommending areas of improvement; monitor and analyze the
results and trends associated with the company’s Auto and Home products
in various states; identify trends and propose recommendations to
improve the pricing, product set-up, and operational processes. Ability
to retrieve data from data mart via SAS and possess a strong analytical,
financial, and creative thinking skills required; 2+ years of experience
working in personal Auto/Home pricing area desired. Salary $open.
(PR5028*) |
|
Derivatives Pricing Analyst opening in
New York/Connecticut.
Create and evaluate derivative product valuation techniques and
provide analytical support for various asset classes and insurance
products; work with and/or develop valuation models to enhance asset
liability management strategies and provide support to the insurance
business units as well as the Investment department. Responsibilities:
Pricing interest rate derivatives and Mortgage Backed securities;
assisting businesses with pricing derivatives embedded in insurance
products; analyzing and recommending optimal derivative hedge strategies
for liability management; exposure to a variety of insurance products
and asset markets including credit, fixed income, mortgages, equities
and currencies. Ideally (though not necessity) candidate will have Ph.D.
in mathematics, physics, engineering, quantitative finance, econometrics
or computer science and a minimum of 3 years experience working with
various types of fixed income derivative valuation. Salary $open.
(PR5034*) |
|
Catastrophe Modeling Director opening in
New England.
Responsibilities include: the analytics and tools used to maximize the
corporation’s risk/reward from catastrophe related insurance products;
lead efforts to maximize the
value of catastrophe models and risk management tools in this analysis;
deeply involved in the technical development of cutting edge analytics
as well as career growth potential associated with leading highly
visible strategic research projects.
Partner with key modeling, analytics, and research groups to
leverage multiple probabilistic catastrophe models (RMS, AIR, EQE) in
evaluating exposure to catastrophe losses associated with a range of
perils including hurricane, earthquake, tornado/hail, terrorism, and
winter storm. Focus will be
on running, reviewing, and evaluating model results in light of
underlying assumptions, model limitations, and variability in predicted
outcomes; lead companywide studies in evaluating and recommending
improvements to catastrophe model input, underlying
scientific/statistical assumptions, and model output; complexity and
depth of research will vary depending on issue being studied.
Some issues will require in-depth discussions with vendor model
technical staff (e.g., model developers, scientists, engineers,
statisticians); provide analytic support in the development and
interpretation of catastrophe risk and reward metrics; assist in
developing or evaluating strategies to improve the risk vs. reward
relationship between catastrophe exposures and profit for key insurance
products. Areas of
involvement will include data capture and quality of model input,
changes in risk exposure or coverage, and changes in reinsurance
programs; participate in technical forums, training sessions, and
presentations to a broad spectrum of internal Catastrophe Strategy
customers including senior management, business unit catastrophe leads,
actuarial line leads, underwriting, and finance; assist in pre and post
event catastrophe reserve estimation processes including claim frequency
and severity projections.
Strong computer skills, including intermediate knowledge level of
Microsoft Excel and Microsoft Access; exposure to relational databases,
VBA, SQL, SAS, FOCUS, Cognos, etc. a plus and a strong understanding of
catastrophe modeling concepts; intermediate to expert level of
understanding of one or more catastrophe vendor models (RMS, AIR, EQE);
exposure to Property line of business a plus (pricing, reserving,
coverages, reinsurance). Salary $open. (PR5024*) |
|
Senior P&C Actuarial Analyst opening in
Illinois.
Perform pricing analyses, including manual rates, class plans, pricing
credits and deviations, program pricing, industry group pricing,
dividend schedules, policy coverages and financial/service arrangements;
develop projections of likely corporate/line operating results based on
emerging trends, competitive conditions and operational changes;
monitor, analyze and report on reasons for variances in corporate, line
and regional underwriting results; design, develop, and communicate
appropriate solutions to a wide range of quantifiable business problems
to meet or exceed business plan; improve accuracy and efficiency of
pricing and forecasting templates; develop and maintain knowledge of all
Company and industry factors which have an effect on assigned areas of
responsibility; provide supporting materials to secure regulatory
approval of company rating programs. 5+ CAS exams with at least 5 years
of insurance industry experience, pricing analysis is a plus. Salary
$open. (PR5019*) |
|
Life Statistical Actuary opening in
New York.
Oversee and perform experience studies for SOA including life insurance
mortality, annuity mortality and long term care studies. Serve as
primary actuarial contact for the Society of Actuaries’ Research Area as
well as Chairs and members of SOA experience study committees. Develop
material to be sent to individual companies and, in aggregate, to SOA
experience study committees. Assist in maintaining documentation and
files. Direct and participate in the development of technical actuarial
specifications, project and task plans, resource allocation and
estimates, and schedules; gain a general understanding of the systems
involved in file validation, data validation and reasonability analysis
as well as the necessity of ensuring confidentiality of data; gain a
general understanding of principles-based accounting law and valuation
manual, and a thorough understanding of the valuation manual sections on
statistical agents and experience reporting (VM-50 and VM-51); must have
passed several actuarial examinations and have a strong working
knowledge of programming, SQL, Microsoft Access and Excel, including
database design, table design, basic queries and reports.
Salary $open. (PR4927*) |
|
Defined Contribution/401K Plan Administrator opening on
Long Island, New York.
Learn custom plan design on 401-K/PS plans and (from in house
training and classes) DB plan administration. Responsibilities include:
all aspects of DC/401-K Administration; processing of 401-K
Contributions; performing ADP/ACP Testing; performing Top Heavy Testing;
preparation of IRS Form 5500s and related schedules; preparation of Loan
and Distribution Packages; preparation of Plan Documents, Summary Plan
Descriptions and Amendments; communicating with Plan Sponsors,
Accountants and Financial Advisors. Experience working with Datair is a
plus with a minimum of 1 year experience working as a retirement plan
administrator. Salary $open. (PR5020*) |
|
DFA Software Analyst opening for company – You can Telecommute!
Perform technical presentations of technologies,
support clients, help build their models, train new clients on the use
of DFA software and help grow North American business. Experience
in DFA – building DFA models, modeling risk and capital of
insurance companies, participating in building DFA software products is
a plus along with experience in actuarial field, diverse experience in
different segments of the industry (reinsurers, direct insurers,
reinsurance brokers, consulting companies) is a big plus. Actuarial
designation is not required, ideal candidate would be technical person
not on the exam track. Interpersonal and communication skills, ability
to work with clients, good presentation skills critical. Some client
travel required. Work on salary + commission basis. (PR5018*) |
|
L&H Risk Management Actuary opening in
Upper Midwest, Northeast
or
Canada –
Your Choice!
Support the Life & Health Risk Management team to identify, manage and
report on exposures to L&H risk. This includes the abilities to manage
and organize large volumes of data and to work with the various L&H
business functions throughout the Americas as well as other risk
management groups throughout the organization.
Responsibilities include: support
the quarterly risk reporting process and enhance the analysis and
reporting of data; review actuarial models to ensure accuracy and
appropriateness; provide actuarial and technical support for risk
assurance review activities; identify key L&H risk exposures,
investigate and advise on possible mitigation and implications; monitor
regulatory and business environment for possible impact on L&H business
and risk management; support global L&H risk modeling efforts and
infer/interpret implications; conduct or support ad-hoc projects and
analyses; support reporting and data needs for testing as regards L&H
entities; support reporting and data needs for the Group Internal Risk
Model, as required; enable the P&C risk management team in similar
activities. Strong knowledge of major L&H product lines and hands-on
experience with actuarial modeling.
FSA with minimum 10 years of relevant insurance industry
experience (direct or reinsurance). Salary $Open. (PR5016*) |
|
Director of Actuarial Services opening in
Southeast.
Ensure that reserves are adequate to cover potential future
losses, that products are priced right for business being underwritten
and that business is conducted only with financially solvent suppliers;
oversee the development and maintenance of systems that ensure accurate
data from which to make sound business decisions; assist with
development of new products and services in conjunction with
underwriting, compliance and marketing; manage and quantify risk, and
ensure company is adequately funding the risk; oversee the development
and maintenance of underwriting systems; ensure data is accurate in
order to make sound business decisions; determine reinsurance placement
and management; manage relationships with reinsurers; assist sales and
marketing with the development of new products and services; conduct
market analysis; review and forecast potential; collaborate with
internal and external partners to ensure comfort level with new product
or service; ensure legal compliance in applicable jurisdictions; develop
an accurate forecast for the upcoming year in order to effectively plan
for company expenditures; determine catastrophic risk following a major
event; perform retrospective analysis; team with operations to determine
what policies should be or if there should be any liberalization with
claims payments for affected policies; ensure underwriters are
comfortable with stance for catastrophes; manage actuarial function and
direct reports; accountable for overall department staffing: team with
HR to ensure adequate resources and actively participate in the
selection process for department positions as needed.
ACAS or FCAS with 10+ years of
actuarial experience (in either insurance or consulting environment) in
“short tail” insurance with core competency in reserving and/or pricing;
experience with product development is beneficial; 5+ years proven
leadership and management experience required.
Salary $Open. (PR5021*) |
|
Personal Insurance Analyst opening in
New England. Develop and lead research projects
and analysis of state and countrywide pricing initiatives; build models
to reflect the economic realities that the data shows; analyze state and
countrywide pricing initiatives to assess the impact on business
results; perform studies such as deductible credit factors, increased
limit factors, new business penalty, and age of dwelling; develop and
maintain monitoring reports to track progress of implementing
countrywide pricing studies; build and maintain models to assist in
economic analysis of market alternatives, including evaluation,
disruption, and profitability models; aid in response to filing
questions and follow up on data needs from internal product and pricing
departments; contribute to centralization of the pricing function across
channels; participate in research projects, particularly cross-market
and cross-state projects; handle multiple projects dealing with product,
pricing and possible regulatory issues. ACAS or FCAS designation with
minimum 5+ years of experience; solid knowledge of actuarial concepts,
understanding of class ratemaking, multivariate analysis; knowledge of
Personal Lines products and systems.
Salary $open. (4999*) |
|
Liability Pricing and Reinsurance Actuary opening in
Minnesota or
Connecticut. Conduct pricing support for E&O products as well
as Fidelity/Crime products; manage a small team who are specifically
focused on predictive modeling for various lines of business. Specific
responsibilities include: evaluate current book of business to identify
areas where the modeling can add value to pricing segmentation; serve as
the business unit actuarial lead for management liability products as
well as standard P&C products through the various practices which
include banks, insurance companies, investment advisors and mutual
funds; manage the analysis of the liability reinsurance programs; work
with actuaries at both the reinsurance companies as well as at brokerage
firms, to analyze program and pricing; 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; lead the reinsurance renewal process; lead predictive modeling
efforts for the business unit; manage a team of actuaries and students
(staff of 5). FCAS required with pricing experience background
necessary, some experience with management liability insurance
preferred. Salary $open, (PR4997*) |
|
Professional Liability Actuarial opening in
Minnesota or
Connecticut. Provide support for
the Bond & Financial Products Professional Liability E&O business unit
in the areas of pricing and financial planning; play lead role for
several of the products supported in the business unit by managing the
development of rates, rating plans, pricing strategies, and financial
forecasts to achieve business unit objectives for profitability and
growth; manage or participate in key projects; provide advice and
direction to less experienced staff; supervise junior level staff;
evaluate products and
programs, including rate reviews; develop and implement sound rates
and/or rating plans; develop and price of new products/programs; develop
and support rating workbooks; provide analysis of specific factors used
in pricing, rate reviews and planning; work with regulatory unit to
prepare regulatory filings; support management information and financial
reporting; assist in development of financial business plan. ACAS
preferred, but will consider Pre-ACAS’s with at least 3+ years of P&C
actuarial experience. Salary $open. (PR4996*) |
|
P&C Pricing Analyst opening in
Connecticut.
Be a
member of a team responsible for
reviewing and implementing rates and factors for CMP and Property for an
assigned group of states. This position requires taking a
supporting role in formulating and implementing state strategies through
increased analysis and focus on pricing segmentation, class of business
level analysis, rate indications, disruption analysis, and effective
rate filings. This individual will work collaboratively with the
Regional Pricing Teams, Product Management and Underwriting, Countrywide
Pricing Teams, and Field Marketing to drive pricing strategies to
achieve profitable growth. Assist in developing and implementing
Pricing, Filing, and Product strategies through analysis of industry
data, production costs, loss data, underwriting / marketing programs,
claim data, interaction with Field staff; interact with IT/Systems,
Regulatory Affairs, and Claims; help formulate business review packages
to document the rate changes; respond to state insurance department
inquiries; work closely with regional teams and build expertise on state
assignment; play active role in the development of pricing practices
across the regions eliminating redundancies and establishing consistency
in processes; develop pro forma cost benefit analysis; recommend
improvements to pricing policies, procedures and workflow, including
handoffs with product processing, and filing/regulatory departments;
provide pricing and rate filing support for a specific line of business;
complete state filing forms and stay current on compliance changes
related to the filing process; collect data, analyze premium and loss
experience, and develop conclusions and recommendations; assist in loss
development, trend, and reserve analysis. Knowledge of Access and
Impromptu is a plus; actuarial internship or prior work experience in
the insurance field is helpful. Salary $open. (PR4994*) |
|
Defined Benefit Pension Administration Manager opening in
New Jersey.
Direct
a team of benefit professionals responsible for the calculation and
payment of pension benefits for clients to provide pension
administration services.
Develop and monitor administrative processes and procedures to ensure
accuracy, timeliness and measurable performance of ongoing
administration to ensure that contractual obligations under the service
agreements are met.
Additionally, responsible for recruiting, developing and training of all
Pension Administration staff. Specific responsibilities include: manage
team resources and priorities to manage workload; assess training needs
and provide training; monitor progress of daily tasks; build teamwork
and maintain positive team morale; take an active role in pursuing
continued education; complete performance evaluations; process and
review manual calculations and ensure accuracy of system generated
calculations; supervise the administration of pensioner payments;
review, maintain, and improve administrative procedures, defining best
practices; identify, analyze, and assist in executing process
improvements; ensure service level commitments are maintained by the
team; assist with creating system development requirements for current
and future client needs; interface with plan sponsor representatives
concerning ongoing administration services; maintain effective
relationships with client contacts and internal managers; assist with
system testing for plan modifications and new plan implementations;
coordinate with implementation team to achieve successful plan
conversions. Ideal candidate will have understanding of regulatory
aspects of defined benefit plan administration such as 415 benefits
limits, 401(a)(17) limits, minimum required distributions, nonqualified
plans and other defined benefit regulatory issues involving ERISA and
IRS Revenue Rulings. Qualified Pension Administrator (QPA) designation a
plus, with 10+ years of defined benefit plan administration and
supervisory experience (consulting environment strongly preferred).
Salary $open. (PR5010*) |
|
Director of Actuarial Analysis opening in
Connecticut.
Manage actuarial research required to
identify and solve actuarial problems to achieve company objectives for
profitability and growth. Using broad based actuarial, business and
computer technology skills, oversee support staff and the production of
analytical and statistical information to be used in actuarial
computations; manage documentation for pricing, product development,
forecasting, reserve testing, regulatory filings, and other actuarial
research; ensure that actuarial systems and databases conform to and
utilize actuarial setting methodologies and produce accurate, efficient
and consistent data; responsible for the integration of actuarial
decisions with business strategies; responsible for complex projects
requiring advanced statistical analyses, actuarial research,
mathematical calculations and technical skills; participate in
discussions regarding underwriting strategy; communicate results and
their implications to business centers; assist in current system
critiques; preview, test and recommend vendor products and data;
coordinate with IT, overseeing the modeling, developing, testing and
integrating new systems or technologies; present findings to
underwriting and actuarial management; may supervise routine actuarial
functions and provides assistance to less experienced staff. Thorough
understanding of accounting principles and strong understanding of
financial reporting, strong knowledge of insurance products and
operations and an understanding of the interrelationships and
characteristics of the various distribution channels, understanding of
insurance related models (ROE, cat modeling, etc). 8 - 10 years of
insurance experience. Salary $open. (PR4995*) |
|
Agribusiness Actuary opening in
New England. Develop annual
rate adequacy process for the farm-owners products; develop the annual
loss ratio plan and mid-year forecast; support and evaluate controllable
income results; inventory and develop appropriate management information
for Agribusiness; evaluate and support Agribusiness farm-owners rate and
product filings; help develop Agribusiness auto rate adequacy, book
profiles, and manage rate impacts; evaluate and support annual
Agribusiness property reinsurance renewals; develop profiles of the
Agribusiness book of business; benchmark against other commercial
businesses and Personal Insurance; evaluate appropriateness of pricing,
claim, operational, and underwriting initiatives for the Agribusiness
market (e.g., credit/commercial scoring; predictive modeling, etc.).
Strong analytical background; familiarity with insurance financial and
reserving concepts. ACAS or near ACAS with 3+ years P&C actuarial
experience. Salary $open. (PR5003*) |
|
Actuarial Analysis Director opening in
Massachusetts.
Lead a team of 3-5 associates in the preparation of monthly
performance reports and annual prospectus financial statements including
accumulated unit value and fund lineups & expenses, coding/debugging and
maintenance of several Excel applications, enhancement of efficiency of
workflow and processes, and maintenance of quality control. Serve as key
person in the development of the Individual Business Annuity Management
Information System; manage and coordinate the monthly performance
reporting process for over 100+ products and 300+ funds; supervise the
annual building of prospectus financial information including
accumulated unit values, fund expenses, and expense examples; perform
coding, debugging and QA the development, maintenance and enhancement of
the Excel performance model and other Excel models for annual prospectus
building; work with IT to extract desirable data to meet business needs;
oversee the maintenance and enhancements of Excel database prospectus
builder system; develop/enhance technical skills/abilities of analysts;
enhance/improve overall efficiency of processes and organization of
workflow; diagnose and solve problems with software, hardware, and
systems architecture. Strong knowledge in database structures and
relational database and application developer, including VBA for Excel
and Access, SQL. 3+ years of IT experience including at least 5+ years
in leadership roles and 10 years of business experience preferred, open
to exam level. Salary $open. (PR5000*) |
|
Reserving Actuary opening in
Florida.
Ensure adequate reserves for multiple
product lines, maintain SOX compliance, prepare Actuarial Opinions and
their corresponding Actuarial Reports, and assist with Annual
Statements. Ideal candidate will have a strong reserving background
(though pricing background will be considered as well) along with 5+
years of experience and be an ACAS or near-ACAS.
Salary $open. (PR5001*) |
|
Defined Benefit Pension Administration Team Leader opening in
New Jersey.
Direct group of benefit analysts responsible for the calculation and
payment of pension benefits for clients to retain to provide pension
administration services.
Monitor administrative processes and procedures to ensure accuracy and
timeliness in the delivery of services to both clients and plan
participants. Additionally, responsible for basic training of staff.
Specific responsibilities include: manage workload; assess training
needs and provide training; monitor progress of daily tasks; build
teamwork and maintain positive team morale; take an active role in
pursuing continued education; complete performance evaluations; process
and review manual calculations and ensure accuracy of system generated
calculations; initiate pensioner payments; ensure final work products
are of high quality and provided in a timely fashion; adhere to
administrative procedures, and help to define best practices; assist in
executing process improvements; ensure service level commitments are
maintained by the team; interface with plan sponsor representatives
concerning ongoing administration services; maintain effective
relationships with client contacts and internal staff; assist with
system testing for plan modifications and new plan implementations.
Ideal candidate will have understanding of regulatory aspects of defined
benefit plan administration such as 415 benefits limits, 401(a)(17)
limits, minimum required distributions, nonqualified plans and other
defined benefit regulatory issues involving ERISA and IRS Revenue
Rulings and exposure to pension actuarial valuation experience and
defined benefit administration system experience. Qualified Pension
Administrator (QPA) designation a plus, with 5+ years of pension benefit
calculation and/or outsourcing experience. Salary $Open. (PR5011*) |
|
Workers Compensation Actuary opening in
Northeast.
Responsible for maintaining the tools
used to measure profitability of WC,
twice-yearly rate adequacy analysis and by-products such as
targeted pricing by program, market and regional office.
Specific responsibilities include: establish rate adequacy
standards; work with reserving to develop statewide trend and loss
development; analyze loss experience at the state and individual rating
variable levels; analyze competitor and industry data; develop plan loss
ratios for local field offices; convert data to information in order to
solve regional pricing issues; ACAS/FCAS with prior commercial lines,
actuarial and financial analysis experience. Salary $open. (PR5004*) |
|
Actuarial Student – Construction opening in
Upper Midwest. Support and develop
complex planning models utilizing Excel, Visual Basic, Essbase cubes and
TM1 cubes; be involved in the development of actuarial inputs for
planning such as loss ratios and trends with help from the line
actuaries; involved in communicating and discussing results with the
field and to senior management; research data issues using Access
databases. Completion of a minimum of 4 CAS exams with a minimum 3 years
of Property/Casualty insurance experience.
Salary $open. (PR4991*) |
|
P&C Actuary opening in
New England.
Support the middle-market underwriting
tool and state rate adequacy. Evaluate the workers compensation
environment in various states, using internal and external data sources;
communicate results to business
units for consideration in their workers compensation strategy; support
analysis of the implementation of predictive modeling in the
underwriting tool; perform ad-hoc studies where results will be used in
rate adequacy, pricing and/or underwriting tools. ACAS designation
or equivalent actuarial experience. Salary $open. (PR4987*) |
|
Analytics & Compliance Actuarial Student opening in
Multiple Locations.
Serve as member of project team for the
development of actuarial access tool interface;
assist in developing specifications and requirements for access
tool that meets the data access needs of the actuarial community;
communicate and collaborate with end user customers in order to clarify
understanding of end user needs; participate in testing of final design
and access tool to ensure that tool meets specifications and meets end
user needs; maintain and enhance enterprise level common reserving tools
and reports functionality; actively participate in enterprise projects
related to integration and quality of actuarial data especially related
to the impact on reserve analysis;
actively participate on enterprise initiatives to develop and
implement new reserving tools and techniques. Solid understanding of
insurance products, claims, actuarial statistics, and financial
reporting requirements. 3+ years of insurance experience, with strong
understanding of actuarial data, internal actuarial data sources, and
actuarial reserving concepts.
Salary $open. (PR5006*) |
|
Pricing Actuary opening in
Southeast. Lead pricing team of 10 actuaries and actuarial
students for a variety of personal lines products. The ideal candidate
is self motivated, with strong communication skills, strong management
and leadership skills, and strong pricing skills. FCAS with 15+ years of
experience, mostly in pricing, especially personal lines pricing.
Knowledge of advanced pricing techniques such as GLM and predictive
modeling is preferred. Salary $Open. (PR5009*) |
|
Regional Actuary opening in
Illinois,
Connecticut, Minnesota or Maryland. Provide actuarial pricing and planning support to designated
Commercial Accounts regions and underwriting offices. Responsible for
profitability of one or more regions for Commercial Accounts that total
a minimum of US$500 million in net revenue; 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; work with Account Executives to
appropriately price individual large accounts (using either guaranteed
cost or loss sensitive products) to achieve the regions profitability
and growth goals; provide actuarial input and support 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); identify and address training
needs of field employees in actuarial concepts, underwriting tools, and
pricing models. ACAS/FCAS with minimum 6 years of Property/Casualty
insurance experience and interest in moderate travel. Salary $Open.
(PR4989*) |
|
Workers Compensation Actuary opening in
New England. Responsibilities:
assess, monitor and communicate pricing levels with respect to corporate
ROE targets; collaborate with Enterprise WC Actuarial Unit and Regional
Actuaries to provide appropriate pricing tools that enable field offices
to adequately price risks; maintain an understanding of the corporate
ROE Model, provide required model assumptions, and incorporate
risk/reward principles into our pricing strategies; monitor utilization
of pricing tools to determine profitability and communicate results
to the regional actuaries, Underwriting, and Product Management leaders;
devise strategies to drive profitable growth; support annual planning
process and Income Statement production by providing office level rate
indications, loss development, trends and other required measures; work
with team members in analyzing segmentation analyses to determine best
and worst performing programs/classes, and recommend strategies for
growing/correcting those areas as appropriate; participate in reviews
and communications in predictive modeling related to WC; participate and
represent Commercial Accounts interests in discussions/initiatives
related to Enterprise WC issues. ACAS/FCAS Designation with a minimum 5
years of actuarial experience. Salary $open. (PR4990*) |
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Workers Compensation Student Actuary opening in Connecticut, Minneapolis or Illinois. Assist in the development of rate level adequacy analyses; complete loss development and trend studies to support profitability analyses and corporate MIS; develop and maintain reports to monitor utilization of pricing tools and monitor profitability; support annual planning process and Controllable Income Statement (CIS) production by providing office level rate indications, loss development, trends and other required measures; provide necessary and requested information to Enterprise WC team in support of rate filings, rating plan modifications and other projects; work with team members in analyzing segmentation analyses to determine best and worst performing programs/classes, and recommend strategies for growing/correcting those areas as appropriate; complete industry studies and maintain industry benchmarks to assist in evaluating our book of business; assist in special projects as required that ensure adequate rating capabilities, sufficient and consistent management information for Workers Comp; provide support around Commercial Accounts WC rating and processing. Ideal Candidate should have 3-6 CAS exams with 2-4 years of actuarial experience. Salary $Open. (PR4985*) |
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Actuarial Manager opening in California. Manage a team of actuarial and insurance analysts and be the main point of contact for the analytical resources that serve several states for Auto and Homeowners insurance operations; manage and develop actuarial and insurance analysts, including assigning resources to projects, managing workload of the staff, and supporting the professional development of the analysts; work with the product managers and Actuarial Pricing Executive to develop and enhance our Auto/Home insurance products – focusing on coverage offerings and the rating structure and algorithm; work with the product managers to ensure that rate and product changes are delivered on schedule and represent the strategy defin |