Senior Group Manager- Strategic Initiatives

7 years

0 Lacs

Posted:5 days ago| Platform: Linkedin logo

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On-site

Job Type

Full Time

Job Description

Our power is in our people. We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential? This Strategic Initiatives Consultant will be a key member of the newly formed Strategic Initiatives team. This person will : a. Support the pricing and execution of internal and external reinsurance initiatives from actuarial perspectives b. Provide strategic direction to several key teams including methodology, governance, and modeling for transaction implementation. c. Collaborate with other teams including Stat/GAAP valuation, model development, and assumption development for new product development / reinsurance activities. Key Responsibilities include, but are not limited to: Analyze, price, & implement new flow & reinsurance transactions partnering with Stat/Valuation & Finance, Coordinate cross-functional teams including model development, finance, and legal in closing reinsurance transactions. Assist in reviewing EBS valuation and stress testing results of inforce variable annuities businesses. Collaborate with Investments on ALM Strategies for capital management initiatives. Support assumption reviews & stress testing Skills Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision. Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation. Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions. Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change. Required Qualifications: Bachelor’s degree in Mathematics, Statistical, Economics and/or Actuarial Sciences FSA/FCIA qualifications (Fellow from IAI India or IFoA UK) 7+ years of actuarial experience (10+ years of experience in Life Insurance US Market, 3+ years in making reinsurance deals, merger and acquisition) Familiarity with reinsurance accounting or capital management Prefer knowledge of AXIS, Variable Annuity and IFRS / USGAAP / US Stat / MCEV frameworks Show more Show less

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