Actuarial Searches
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|
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*) |
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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*) |
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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*) |
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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*) |
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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*) |
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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*) |