Job Description

The Actuarial role directs/oversees actuarial work related to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, retirement plan support, product development, pricing, non-guaranteed element determination or other business functions. This job oversees a department or small team and owns short to mid-term (1-3 years) strategy execution and operational direction for the actuarial function in alignment with organization objectives. This job requires ensuring the teams compliance with actuary practices and monitoring of changing regulations to ensure consistent compliance and delivery of optimal solutions to both internal and external clients. Key Responsibilities and Duties Directs the design and development of key actuarial reports for both internal and external clients and communicates the interpretation and implications of the report findings. Provides input into product development, pricing and reinsurance decisions for complex or high-impact products from an actuarial perspective. Monitors economic and regulatory environments, as well as industry and organizational results and applies these to the development of strategies for meeting current and future actuarial needs. Directs the use of actuary tools and models for ensuring actuary outcomes comply with established standards. Enhances effectiveness and efficiency of the organization s actuarial functions by implementing quality control procedures. Manages performance of direct reports through regular, timely feedback as well as the formal performance review process to ensure delivery of actuarial objectives and engagement, motivation and development of the team. Educational Requirements University (Degree) Preferred Work Experience 8+ Years Required; 10+ Years Preferred Physical Requirements Physical Requirements: Sedentary Work