Actuary Resume Samples

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JM
J Moen
Josue
Moen
6788 Garry Village
Boston
MA
+1 (555) 576 0431
6788 Garry Village
Boston
MA
Phone
p +1 (555) 576 0431
Experience Experience
Dallas, TX
Actuary
Dallas, TX
Powlowski-Bruen
Dallas, TX
Actuary
  • Track vendor performance and make project recommendations to senior management
  • Document work performed and conclusions reached in accordance with IAG’s Global Audit Methodology
  • Manage work efforts of team members assigned to projects
  • Create cooperative working relationships with our partners, both in and outside Senior Products Actuarial
  • Identify and implement process improvements to ensure compliance with CMS rules and decrease future errors (continuous improvement)
  • Peer review of work performed by other Actuarial units
  • Assist in bridging gap between Financial Statement (FS) and Date of Service (DOS) results to support both financial accounting and performance analysis
New York, NY
Director, Actuary
New York, NY
Durgan, Stehr and Little
New York, NY
Director, Actuary
  • Developing and maintaining in-house developed valuation models for living benefit reporting
  • Ensuring compliance with valuation and premium filing related laws and actuarial medical loss ratio laws including certifying for various insurance departments
  • Providing annual reliance certification for asset adequacy testing including sensitivity testing for EDBS insurance products to Company's Chief Actuary
  • Develop automated alternatives to manual illustration & administration testing processes, including regression testing alternatives
  • Developing and maintaining in-house developed stochastic-on-stochastic projection model for statutory and GAAP forecasting and other ad-hoc projects
  • Designing and recommending insurance risk limits and monitoring actual amount of exposure against such risk limits
  • Working knowledge of technical modeling platforms including Excel, Access, and GGY AXIS
present
Chicago, IL
Director & Actuary
Chicago, IL
Dach Group
present
Chicago, IL
Director & Actuary
present
  • Financial modeling and pricing execution for PRT transactions
  • Research and Development of New Product and Product Feature
  • Develop and enhance actuarial models used for cash flow production, Statutory and GAAP reserves, and policyholder behavior
  • Analyze mortality and demographic assumptions for pension liabilities
  • Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
  • Support internal efforts to secure necessary approvals both from Prudential Retirements leaders and other governing bodies across the Prudential Enterprise
  • Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
Education Education
Bachelor’s Degree in Actuarial Science
Bachelor’s Degree in Actuarial Science
Auburn University
Bachelor’s Degree in Actuarial Science
Skills Skills
  • Basic knowledge in retail annuities, including variable deferred annuities, fixed deferred annuities, payout annuities, and index linked annuities
  • Proven track record of taking accountability and ownership over work
  • Ability to work on multiple projects
  • Excellent verbal and written communication skills
  • Strong oral and written communication and human relations skills
  • Knowledge of risk management & ALM
  • Good interpersonal skills
  • Knowledge of insurance products and investments including derivatives
  • Creativity, awareness of emerging environmental and industry trends, and strong problem solving abilities using business-oriented solutions
  • Knowledge of statutory income statements is
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15 Actuary resume templates

1

Product Actuary Resume Examples & Samples

  • Bachelor’s Degree in mathematics, advanced finance, or similar field of advanced quantitative analysis
  • Minimum requirement of Associate of Society of Actuaries
  • Minimum of 5 years of product experience in financial services industry with specific knowledge of insurance products (especially annuities)and extensive modelling
  • Demonstrated ability to lead development of products and product use ideas from the idea stage to client delivery
  • Strong product management and marketing skills
  • Demonstrated organizational skills
  • Strong track record of partnership across organizational structures
  • Excellent analytical, problem-solving and decision-making skills
  • Prefer FINRA Series 6 or 7 licensure. If not, must have desire to achieve license within 2 years of hire
2

Actuary Resume Examples & Samples

  • Business planning and projections for Life Insurance and Annuity product lines (management basis), and legal entity projections for life insurance subsidiary
  • Monitor and analyze financial strength of legal entities
  • Create and analyze financial statements and source of earnings analysis by line of business
  • Corporate financial projections and Board reporting
  • Distribution of surplus (dividends)
  • Risk based capital and economic capital calculations and analyses
  • Actuarial analyses requested by other finance or business groups
  • Regulatory (NYSID, ORSA, Federal Reserve) and rating agency support
  • M&A Support on capital/rating agency issues
  • Participate in cross-functional meetings and teams, occasionally representing the actuarial function
  • Communicate the results of actuarial work to both internal and external parties
  • Participate in industry and professional groups
  • Peer review of work performed by other Actuarial units
  • Provide guidance and supervision to less experienced actuarial staff
  • Bachelor’s degree in actuarial science, mathematics or related field
  • Fellow of the Society of Actuaries (FSA)
  • Minimum 4 - 10 years of actuarial experience
  • Minimum 2+ year of experience in at least one area (a) life insurance experience (b) financial planning, or (c) Embedded Value; with additional proficiency with Asset/Liability modeling techniques and in actuarial modeling software, including knowledge of vendor actuarial modeling systems
  • Strong knowledge of actuarial concepts
  • Strong technical, theoretical, and logical analytical skills for model debugging, analysis of results, and decision making
  • Advanced Microsoft Excel experience (VBA, complex calculations and modeling)
  • Strong verbal, written and presentation skills
  • Proven ability to manage risk along all relevant categories, i.e. financial, people, reputational, operational risks, etc
  • Ability to be effective in a virtual environment
  • Working knowledge of regulatory framework
3

Gcg-product Actuary Resume Examples & Samples

  • Qualified actuary (5-10 years total experience, 3-5 post qualifying)
  • Strong end-to end product development skills. Product development includes pricing, design, marketing, tools, technology, service & distribution, underwriting, claims management etc. Most importantly, it encompasses packaging and delivering these components in an integrated manner to create great and sustainable customer experiences
  • Strong analytic and finance modeling skills: business planning, sales incentives and distribution support, M&A, financial results (valuation), MIS, pricing
  • Deep understanding across key insurance products including A&H, Investment Liked, Traditional, Term and Whole Life, Annuities, Property & Casualty, Credit Insurance, etc. Exposure to Wealth Management business preferred
  • Demonstrated ability to trouble shoot, and influence senior stake holders across functions and countries
  • Highly organized and commercially savvy
  • Strong communications (verbal, written, PowerPoint) and relationship management skills
  • Ability to operate in a matrix environment
  • Multi-market experience preferred with demonstrated provider and reinsurer networks
4

Life Actuary Resume Examples & Samples

  • Significant work experience in an actuarial related area
  • Have spent most of their career to date in the life insurance market, either within a company or a consultancy
  • Have a wider commercial awareness, including the understanding of wider business issues
  • Have an understanding of risk management in a life insurance company context
  • Have a good working knowledge of financial reporting, risk and capital, Solvency II, model validation or other related life insurance work
  • Have experience of working with large and small insurers
  • Have strong oral, listening and written communication skills
  • Demonstrate that you stay abreast of industry developments and are able to implement these on projects
  • Have a begun to build a profile within the insurance industry, e.g. presenting at industry conferences or contributing to a working party for the Actuarial Profession
  • Have the potential to develop strong people management, client handling and development skills, including inter-personal sensitivity and influencing skills
  • Have demonstrated an aptitude to develop good client/internal client handling skills, including relationship-building skills that lead to increased consulting opportunities
  • Have strong project and financial management skills. The ability to deliver to budget and within timescales is an important skill
  • Be flexible and have the ability to multi-task effectively
  • Have strong technical, problem identification and analytical skills, most likely with at least one specialist area of experience
  • Be commercial, with the ability and experience of working within a broader insurance environment, and with vision as to developments at our clients and opportunities for consulting business
  • Be strongly committed to both personal and corporate success
  • Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills
5

Director & Actuary Resume Examples & Samples

  • Ability to facilitate collaborative efforts to improve team efficiency and effectiveness
  • Strategic thinker and influencer; ability to partner with peers and cross functional teams to develop vision and execute on a long term, nimble, and comprehensive actuarial infrastructure
  • Experience in Financial and Risk Management including audit, SOX, controls, etc. is helpful
  • Experience working on a large scale, joint Actuarial / IT project is a plus
  • FSA a plus
  • Newark location preferred or ability to travel frequently to Newark
6

Actuary Resume Examples & Samples

  • Stress Testing and Scenario Analysis
  • Regulatory and rating agency support
  • Participate in cross-functional meetings and teams
  • Fellow of the Society of Actuaries (FSA) required
  • CERA designation preferred
  • Minimum 5 - 10 years of actuarial experience
  • Experience with stress testing, scenario analysis, ORSA, and Federal Reserve regulatory oversight
  • Experience with modeling, assumption setting, experience study analysis
  • Strong technical and theoretical analytical skills
  • Ability to lead and manage complex projects across multiple groups
  • Working knowledge of state and federal regulatory framework
7

Director, Actuary Resume Examples & Samples

  • Manage small team of 2-4 actuarial associates responsible for illustration and administration testing, and technical product management analysis
  • Work with cross-functional representatives to proactively document and recommend product illustration changes needed as a result of competitive pressures, shifts in market strategies, channel needs, regulatory needs or consumer needs
  • Develop business requirements for illustrations for new products, features, and revisions to existing products
  • Assist in the enhancement and programming of an actuarial test tool to be used to validate illustration & administration changes, both for new business and for inforce illustrations & administration
  • Develop automated alternatives to manual illustration & administration testing processes, including regression testing alternatives
  • Provide on-going detailed knowledge and problem resolution within Product and to business partners across the organization
  • Provide actuarial support for non-illustration inquiries and research & analysis as needed
8

Group Portfolio Actuary Resume Examples & Samples

  • Report on, provide analysis, make inferences, and disseminate to stakeholders the business implications of emerging financial results and related metrics, particularly earning by sources (EBS), morbidity, mortality, capital impact, etc
  • Determine and develop the data, reporting/monitoring & analysis required for group insurance products; ensure existing data, reporting/monitoring and analysis capabilities for group insurance products are maintained and enhanced, as required
  • Provide direct support to Canadian Life and Health Actuarial (CLHA), pricing & finance functions as it relates to valuation, model building, DCAT, EBS, financial planning & forecasting and audits
  • Collaborate with stakeholders to ensure effective completion of all annual, quarterly and monthly actuarial processes; including but not limited to: experience studies and assumption inventories (annual), valuation and EBS (monthly), financial plan and forecast (semi-annual), etc
  • Fellow of the Society of Actuaries or Canadian Institute of Actuaries
  • Knowledge of a broad area of expertise (by product and by function), in particular group insurance, gained through 10+ years of direct or indirect related work experience and training
  • Advanced knowledge of insurance products; encompassing product design and features and their impact on insurance risk; advanced proficiency with administration and insurance accounting under applicable GAAP bases
  • Advanced knowledge of actuarial theory and insurance related practices
  • General knowledge of life insurance law, underwriting principles and life insurance taxation
  • Ability to work effectively as a senior member in a matrix organization and prioritize in a deadline oriented environment
  • Ability and willingness to partner effectively with other actuarial leaders, as well as with leaders of other functional areas
  • Strong analytical and problem solving skills, with the ability to be an innovative thinker and understand the "big picture"
  • Ability to deal with ambiguity and flexibility to adapt to change
  • Ability to communicate effectively with both technical and non-technical audience (both oral and written)
  • LI-DC1
9

VP & Actuary Resume Examples & Samples

  • Lead a coordinated actuarial review of US GAAP valuation methodology and practices in place in each country to drive consistency in approach and strong adherence to Internal and External GAAP standards. Prepare documentation of issues and collaborate to drive resolution across countries and with Corporate Actuarial and PwC
  • Develop deep product knowledge in order to evaluate valuation approaches/processes in place for inforce products; consult with countries to vet new product methodology. Establish regular communication mechanisms with the countries to facilitate this result
  • Perform targeted quality review of practices, especially as issues emerge and the diversity of practice needs to be understood and evaluated
  • Prepare and deliver training in country on relevant US GAAP theory / methodology to the country valuation teams. May be targeted, to meet a specific need, or generalized training for a newly acquired operation
  • Interface with US GAAP modeling team to ensure implementation is complete and accurate
  • FSA with a minimum of 10 years of actuarial experience preferred
  • Broad understanding and relevant experience with US GAAP reporting in Life and /or Annuity products is required
  • Strong analytical skills, including the ability to assimilate concepts and assess valuation practices across country operations
  • Excellent written and verbal communication skills, particularly in presenting technical concepts and preparing documentation
  • Conceptual thinker who is able to provide valuation expertise and work independently or in a team setting, as needed
  • PolySystems knowledge is a plus
  • Some international travel will be necessary
  • Ability to collaborate and work effectively with various stakeholders from different cultures across PII's country operations
10

Director, Actuary Resume Examples & Samples

  • Ensure that all financial reporting deliverables are met in a timely fashion
  • Perform attribution analysis and prepare monthly, quarterly, and year-end exhibits; provide explanations of financial impacts to management
  • Develop and/or improve documentation on processes
  • Support the implementation of assumptions for the annual DAC unlock and the analysis of financial impacts associated with each assumption update
  • Maintain appropriate controls; address control weaknesses and implementation of CAD standards
  • Maintain and continue to improve procedures and tools
  • Support efforts to integrate Legacy Prudential and Legacy Hartford exhibits or processes as appropriate
  • Associate or new Fellow of the Society of Actuaries designation (ASA or new FSA), with 4+ years of actuarial experience
  • Strong quantitative and analytical skills
  • Ability to handle multiple assignments and meet deadlines
  • Excellent oral and written communication skills
  • Knowledge of individual life products preferred
  • Familiarity with GAAP reporting preferred
  • Ability to partner effectively with colleagues across multiple business groups and corporate areas
  • Highly motivated, conceptual thinker who is able to work independently or in a team and take a leadership role in a wide variety of assignments
11

Director & Actuary Resume Examples & Samples

  • Financial modeling and pricing execution for PRT transactions
  • Research and Development of New Product and Product Feature
  • Develop and enhance actuarial models used for cash flow production, Statutory and GAAP reserves, and policyholder behavior
  • Analyze mortality and demographic assumptions for pension liabilities
  • Collaborate with the Asset Liability Management (ALM) group on investment assumption development and execution for pricing funded transactions
  • Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
  • Collaborate with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
  • Support internal efforts to secure necessary approvals both from Prudential Retirements leaders and other governing bodies across the Prudential Enterprise
  • Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
  • College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred
  • Typically FSA required
  • Ten plus years of actuarial experience
  • Superior technical skills and ability to understand complex quantitative concepts and models
  • Investment or ALM experience would be a big plus
  • Good communication skills, particularly in presenting results to senior executives
  • Strong project management skills and ability to juggle multiple urgent priorities
  • Creative problem-solver, particularly in areas with very little clarity or precedence
  • Other risk/investment professional designations such as CFA, CERA, PRM, FRM or advanced degrees are not required but would be welcomed
  • Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards
  • Fast learner and ability to work in a multi-functional team environment
12

Director, Actuary Resume Examples & Samples

  • Financial modeling and pricing execution for PRT transactions
  • Research and Development of New Product and Product Feature
  • Develop and enhance actuarial models used for cash flow production, Statutory and GAAP reserves, and policyholder behavior
  • Analyze mortality and demographic assumptions for pension liabilities
  • Collaborate with the Asset Liability Management (ALM) group on investment assumption development and execution for pricing funded transactions
  • Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
  • Collaborate with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
  • Support internal efforts to secure necessary approvals both from Prudential Retirements leaders and other governing bodies across the Prudential Enterprise
  • Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
  • College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred
  • Typically FSA or near FSA required
  • Six plus years of actuarial experience
  • Superior technical skills and ability to understand complex quantitative concepts and models
  • Investment or ALM experience would be a big plus
  • Good communication skills, particularly in presenting results to senior executives
  • Strong project management skills and ability to juggle multiple urgent priorities
  • Creative problem-solver, particularly in areas with very little clarity or precedence
  • Other risk/investment professional designations such as CFA, CERA, PRM, FRM or advanced degrees are not required but would be welcomed
  • Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards
  • Fast learner and ability to work in a multi-functional team environment
13

Director & Actuary Resume Examples & Samples

  • Provide an analysis of pension plan provisions and proposed deal structure as part of the pre-sales process, identifying any new or unusual risks as well as specific deal features that present pricing, on boarding or implementation challenges
  • Review client Request For quotations documents and ensure that the Business, Underwriting, Pricing and Administration teams interpret these documents correctly and consistently
  • Work with the Pricing team to independently replicate Pension and Annuity cashflows using the Best Estimate assumptions along with all reserving and capital scenarios in order to validate the liabilities used in our pricing models
  • Provide review and signoff of Term Sheets and draft/review legal document language relating to the benefits characteristics that underlie our premiums and fees
  • Actively engage as a member of the transaction team from initial evaluation and quotation, through the on-boarding process
  • Manage and take ownership for the development of one actuary
  • Act as the initial point of contact between the PRT Actuarial and the head of longevity risk transfer
  • Engage with the Underwriting team to complete annual cashflow repricing efforts to support our inforce book of business
  • Bachelors Degree
  • Minimum 5 years of actuarial work experience in Retirement and/ or Insurance
  • Actuarial credentials strongly preferred
  • Experience with non-U.S. pension plans a plus
  • Demonstrate significant analytical skills
  • Demonstrate excellent written and verbal communication skills
  • Ability to work independently and also to collaborate with multiple teams on complex transactions
  • Willing and able to travel 5 percent, domestically and internationally
  • Strong Microsoft excel and word skills
14

Director, Actuary Resume Examples & Samples

  • Driving the valuation systems conversion for Prudential and acquired Hartford block of individual life business
  • Refining reserve calculation methodologies and evaluating reserve impact due to regulation requirement changes
  • Documenting any system changes / issues, testing plans and results and having necessary controls in place for the integrity of the results generated by the system
  • Leading actuarial valuation projects and working closely with other cross-functional teams such as pricing, modeling, experience study, external and internal auditors / regulators
  • Managing and developing other actuarial team members
  • Fellow of the Society of Actuaries designation (FSA), or near-FSA with at least 5 years of actuarial experience
  • Hands on experience with Statutory / GAAP financial reporting or actuarial modeling, and in-depth knowledge of life or annuity products
  • Prior experience on system conversion / PolySystems is a plus
  • Solid oral and written communication skills, ability to lead project and communicate goals, and be able to independently coordinate and collaborate with internal cross-function teams and external auditor / regulator
  • Highly motivated, conceptual thinker who is able to work independently and take a leadership role in a variety of assignments
  • Creative problem solver and strong actuarial project management skills, strong quantitative and analytic skill sets
15

Open UL Valuation Manager, Actuary Level Resume Examples & Samples

  • Directs and provides leadership in the Statutory, Tax and IFRS valuation of our UL insurance products. Oversees a small team within the FAS97 valuation area
  • Spearheads the quarterly valuation of our most visible block of UL products
  • Will provide and present a quarterly attribution analysis of IFRS earnings to divisional CFO and Chief Actuary
  • Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace as well as those specific to UL block
  • May represent the company on industry and professional committees and/or with regulators
  • Will supervise a small team of actuarial students
16

Director, Actuary Resume Examples & Samples

  • Model Building: Supporting the building of models and analytical tools to support the activities of the Model Risk Management group. This will involve the development of the models and tools as well as the analyzing of output
  • Reporting: Supporting preparation of regular model risk status reports and reporting key observations and compliance/non-compliance with the model governance policy to Model Risk Oversight Committee. This will include ensuring that emerging risks are identified and appropriately addressed
  • Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Sciencebased, or related analytical field
  • Attainment of the Society of Actuaries FSA designation, or near FSA, is desired; attainment of ASA at a minimum
  • 5+ years of experience in an actuarial field is desired
  • 3+ years of experience in model development, implementation and/or validation is required
  • Experience with capital planning or asset adequacy testing is desired
  • Experience with retirement or group insurance products is desired
  • Strong reasoning and excellent communication skills. Ability to understand complex actuarial, investment and financial issues and synthesize knowledge into a clear, concise view, reflecting unique insights based upon thoughtful analysis, to inform senior management decision-making. Must be able to communicate highly technical concepts simply to a non-technical audience, both verbally and in written communication, to achieve desired objectives
  • Demonstrated advanced knowledge of software packages used in business communication such as MS Excel, Word and PowerPoint is required. Ability to convert technical findings into clear and concise PowerPoint presentations will be very important for this role
  • 2+ years experience managing one or more direct reports, or managing more junior level resources on projects
  • Ability to build and manage strong relationships while challenging and influencing people in a constructive manner
  • Proficiency in the use of modeling software packages, such as MG-ALFA, Prophet, PolySystems, MATLAB, and VBA
  • Working knowledge of programming languages, such as C, C++, JAVA is desired
  • Skilled with database development, maintenance, and extraction of data for reporting is desired
17

Director, Actuary Resume Examples & Samples

  • Participate in the Enterprise Risk Management (ERM) and Corporate Actuarial model governance plans. Support the interpretation of the ERMs policy and standards into feasible Standard Operation Procedures (SOPs) and guidelines
  • Perform model development, model testing, and independent model review. Support domestic actuarial groups to comply with model governance requirements
  • Participate in Model Network to enhance the communication in the modeling community and leverage best practices
  • Coordinate with Actuarial Process & Technology group to recommend solutions to improve the model operation efficiency and consistency
  • Provide technical model training for domestic actuarial groups
  • Research innovative modeling approaches to enhance the model capabilities and control
  • Coordinate with other Corporate Actuarial functions to ensure consistency on modeling related issues
  • Fellow of the Society of Actuaries designation (FSA) or near FSA preferred
  • A minium of 3 years of actuarial modeling experience
  • Highly motivated, conceptual thinker who is able to work effectively in a wide variety of assignments
  • Exposure to multiple lines of business
  • Experience in actuarial modeling systems and programming software such as GGY Axis, ALFA, PolySystems, SQL, C++, and VBA
  • Knowledge of practices related to pricing, valuation, risk management, and insurance accounting
18

Director & Actuary Resume Examples & Samples

  • Collaborate in the Enterprise Risk Management (ERM) and Corporate Actuarial model governance plans. Support the interpretation of the ERMs policy and standards into feasible Standard Operation Procedures (SOPs) and guidelines
  • Lead and execute in the model development, model testing, and independent model review. Support domestic actuarial groups to comply with model governance requirements
  • Participate in Model Network to enhance the communication in the modeling community and leverage best practices
  • Coordinate with Actuarial Process & Technology group to recommend solutions to improve the model operation efficiency and consistency
  • Provide technical model training for domestic actuarial groups
  • Research innovative modeling approaches to enhance the model capabilities and control
  • Coordinate with other Corporate Actuarial functions to ensure consistency on modeling related issues
  • Fellow of the Society of Actuaries designation (FSA) or near FSA, with at least 7 years of actuarial modeling experience
  • Highly motivated, conceptual thinker who is able to work effectively in a wide variety of assignments
  • Ability to partner effectively with colleagues across multiple business groups and corporate areas
  • Strong quantitative and analytical skills
  • Excellent oral and written communication skills
  • Exposure to multiple lines of business
  • Experience in actuarial modeling systems and programming software such as GGY Axis, ALFA, PolySystems, SQL, C++, and VBA
  • Knowledge of practices related to pricing, valuation, risk management, and insurance accounting
19

Managing Actuary Resume Examples & Samples

  • Bachelor degree
  • FSA/MAAA or ASA/MAAA plus relevant advanced degree, and/or extensive work experience, and/or other relevant professional designations
  • Management capability, has led staff before
  • Experience in more than three functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving, or trending) and more than one product
  • History of developing strong team needed for succession planning, avoiding business disruption during student rotations and unanticipated turnover
  • Combines technical and management skills - integrates the technical skill set of the Actuary role with organizational ability to hire, provide feedback, and develop human capital
  • Emotionally intelligent, manages conflict
  • Able to translate technical issues for non-actuarial audiences and demonstrates strategic influence
  • Distinguishes truesense of urgency
  • Emotionally intelligent, persuasive - effectively communicates decisions
  • Excellent verbal, written and presentation skills
  • Ability to communicate directly and build trust with senior leaders essential
  • Comprehensive knowledge of health insurance industry and health care claim analysis
  • Ability to stay current with health care payment issues/trends
  • Advanced mathematics, statistics, and other actuarial technical knowledge
  • Initiative, work ethic, ambition, and an appetite for challenging and often unstructured assignments
  • Ability to be flexible, accommodating shifting priorities and demands, and reacting quickly to developing issues
  • A team player and self-starter
  • Commercial Group experience preferred; previous experience in other businesses could be considered a plus
20

Director, Actuary Resume Examples & Samples

  • Developing and maintaining in-house developed valuation models for living benefit reporting
  • Developing and maintaining in-house developed stochastic-on-stochastic projection model for statutory and GAAP forecasting and other ad-hoc projects
  • Performing model validation and documentation
  • Ad-hoc research and development
  • Strong quantitative and analytical skills required
  • Degree in mathematics, actuarial science, finance, computer science, or other related quantitative field required
  • Actuarial credentials ASA/FSA preferred
  • Experience in annuity pricing, valuation, and/or VA dynamic hedging required
  • Experience in programming required. Strong skills in C/C++, Excel/VBA programming desired
  • Ability to identify problems and implement comprehensive solutions
  • Strong documentation skills
21

Actuary Manager Resume Examples & Samples

  • Bachelor's Degree in Mathematics
  • Expert knowledge of Excel
  • Working knowledge of Access or other database application
  • Working knowledge of data analysis and Actuarial principles
  • 7+ years of Actuarial and/or statistics experience
  • Attainment of Fellowship-level in the Society of Actuaries (FSA)
  • Experience with SAS or other programming language
22

Director, Actuary Resume Examples & Samples

  • Reviewing valuation and financial reporting of insurance products within Enterprise Discontinued Business Solutions (EDBS)
  • Setting actuarial assumptions for mortality, morbidity risks claim trends, interest rates and expense based on experience and industry studies
  • Reviewing and providing approval for projected claims, premiums, expenses and actuarial reserves for quarterly financial reporting and forecasting purposes and for multi-year planning
  • Certifying quarterly actuarial memos for the Company's Chief Actuary
  • Setting GAAP, STAT and Tax reserves for EDBS insurance products
  • Providing annual reliance certification for asset adequacy testing including sensitivity testing for EDBS insurance products to Company's Chief Actuary
  • Formulating strategy for re-pricing of Individual Health and other products within EDBS
  • Certifying the actuarial memos justifying the rate increases and negotiating a need for proposed rates with various insurance departments
  • Ensuring compliance with valuation and premium filing related laws and actuarial medical loss ratio laws including certifying for various insurance departments
  • Setting up reserves for Vantage Casualty Insurance Company by coordinating with the appointed Casualty Actuary
  • Providing reinsurance certification as the reinsurance officer to Insurance Risk Management area
  • Implementing and maintaining model governance processes
  • Supervision and talent development of EDBS Actuarial team
  • ASA required, FSA strongly preferred
  • Five years experience in health products
  • Strong analytical and problem solving skills
  • Intermediate skill in MS Excel, Working knowledge of MS Access a plus
  • Flexibility to learn various products quickly
  • Experience in risk management and model governance is a plus
  • Excellent verbal and written communication skills
  • Qualified to provide Statements of Actuarial Opinion (preferred)
23

Director, Actuary Resume Examples & Samples

  • Developing and reviewing insurance risk stress scenarios and aggregation methodologies
  • Coordinating Insurance Risk related efforts and responses around Fed regulation and international regulation
  • Producing the Insurance Risk ORSA submission and related documentation
  • Working across ERM in developing an extreme stress framework and risk appetite
  • Designing and recommending insurance risk limits and monitoring actual amount of exposure against such risk limits
  • Working closely with Corporate Actuarial BU Actuaries, and Finance areas to identify and review material insurance risks in existing and new products
  • Working closely with the Chairs of the Insurance Risk Committee to set meaningful agendas for meetings and driving progress through follow-ups and next steps
  • Partnering with Treasurers to implement insurance risk aspects of Required Capital
  • Supervising 1 (potentially 2) more junior associates
  • Ability to partner across multiple business groups and corporate areas and influence business partners at all levels
  • Strong analytical and critical thinking capabilities with ability to apply background to new situations
  • Strong oral and written communication skills
  • Strong project management skills and the ability to manage multiple tasks / initiatives
  • Detail oriented and analytical
  • FSA designation preferred
  • Experience with multiple lines of business and multiple actuarial functions a plus
  • Experience with insurance accounting a plus
24

Director, Actuary Resume Examples & Samples

  • A minimum of 3 years of actuarial modeling experience in valuation and projection is desired
  • ASA or FSA with minimum of 4 years of actuarial experience is required, CFA a plus
  • Minimal travel will be required (a couple of times a year)
  • M&A, reinsurance transaction, IFRS, PBR, and/or Solvency II knowledge and experience is a plus
  • Strong leadership experience
  • Strong project management skills
  • Excellent written and verbal communication skills, in particular documentation
  • Broad understanding and relevant experience with Life and /or Annuity products
  • Creative problem solver with focus
  • Programming experience, preferably in C type language, is a plus
  • Strong quantitative and analytics skills, includeing the ability to assimilate concepts and assess situations
25

Director, Actuary Resume Examples & Samples

  • FSA with at least 7 years of actuarial experience, preferably in multiple disciplines (e.g., pricing, reserve valuation, hedging). ASA will also be considered
  • Experience with life, annuities and/or retirement products and associated key GAAP accounting pronouncements, loss recognition and recoverability testing
  • Knowledge of statutory reporting and valuation, including experience with Asset Adequacy Testing is preferred
  • Strong written and oral communication skills
  • Ability to partner effectively with multiple business groups, corporate areas, and independent auditors
  • Highly motivated, conceptual thinker who is able to work independently and/or in a team, and take a leadership role in a wide variety of assignments
  • Working knowledge of Actuarial Systems (i.e. PTS, GGY Axis, PolySystems, Triton, MG-ALFA, MoSES, etc)
  • Experience with risk assessment, control analysis, audit procedures and standards, sampling techniques, and the internal framework of control is a plus but not required
26

Risk Modeling Actuary Resume Examples & Samples

  • Develop, enhance and use computer models and other software to perform risk analyses and devise risk managing strategies
  • Utilize advanced data analysis concepts to conduct research, develop procedures, support client deliverables, and make recommendations to management on our risk exposures
  • Support our economic framework modeling and analyses, and our International Financial Reporting Standards (IFRS) modeling and analyses, including participating in presentations to SVS and I&R Senior management
  • Develop and maintain our Business Continuity Process controls for the risk model and support the development of other control processes as required for various financial reporting processes
  • Review experience studies analyses in coordination with others in I&R to support our actuarial assumptions
  • Provide other technical and analytical support as needed for management of the business
  • Ability to read, write and run complex financial modeling software (prefer experience with MoSes, C++ and MATLAB)
  • Ability to perform accurate and timely analyses in support of the division is critical
  • Ability to understand and translate technical jargon into business terminology
  • Minimum of 5-years experience in asset liability management, risk analysis or other related investment work
  • Ability to establish relationships and achieve objectives with other departments both within and outside of Transamerica Stable Value Solutions
  • Demonstrate a high level of technical expertise and an understanding of current trends in both actuarial science and investments
  • Demonstrate an understanding key financial indicators and the implications of business actions and decisions
27

Director & Actuary Resume Examples & Samples

  • Direct and perform experience study for actuarial assumptions to support group Disability pricing and forecasting models
  • Identify potential risk drivers and direct data mining efforts to improve Group benefit Pricing and forecasting model
  • Direct and build comprehensive Pricing model to improve risk selection and support substantial profitable growth
  • Direct and build forecasting model to better predict financial results
  • Recommend pricing strategy for new business and renewal
  • FSA or FCAS with 7+ years of experience required, with at least 3 years of Group Insurance experience
  • Highly motivated and creative problem solver; able to thrive in a fast-based, results-oriented environment
  • Ability to convey sense of urgency and to work productively with internal and corporate business partners
  • Excellent communication skills; ability to communicate results and influence business partners as well as senior management
  • Superior technical expertise in actuarial risk-based modeling; ability to perform complex actuarial analysis; experience in predicative modeling work preferred
  • Collaborative and team-oriented leadership style. Market exposure in group benefit/commercial lines
28

Director, Actuary Resume Examples & Samples

  • Direct the design, development and maintenance of Disability actuarial database
  • Direct the design and development of metric reporting to effectively monitoring Disability pricing and forecasting accuracy
  • Managing data to support Disability pricing and forecasting experience study
  • Highly motivated and creative problem solver; able to thrive in a fast-based, results-oriented environment
  • Ability to convey sense of urgency and to work productively with internal and corporate business partners
  • Superior technical expertise in database construction and data mining
  • Collaborative and team-oriented leadership style. Market exposure in group benefit/commercial lines
  • Solid Disability product knowledge and actuarial experience study background
  • VB .NET, SQL Server, VBA, Crystal Reports, Business Objects
  • Microsoft Office (Excel, Access, PowerPoint)
29

Careplus Regional Actuary Resume Examples & Samples

  • Associate of Society of Actuaries (ASA) designation and MAAA
  • Meets eligibility requirements in Humana’s Actuarial Professional Development Program (APDP)
  • Advanced Technology Skills, including experience with SQL and SAS
  • Ability to certify statements of Actuarial opinion
  • Ability to translate technical issues to staff and manager
  • Team building skills
  • Project management capability - able to plan and organize work for self and others on a team
  • Experience in more than one discipline (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
30

Director & Actuary Resume Examples & Samples

  • FSA with at least 7 years of actuarial experience, preferably in multiple disciplines (e.g., pricing, reserve valuation, hedging). ASA will also be considered
  • Experience with life, annuities and/or retirement products and associated key GAAP accounting pronouncements, loss recognition and recoverability testing
  • Knowledge of statutory reporting and valuation, including experience with Asset Adequacy Testing is preferred
  • Strong written and oral communication skills
  • Ability to partner effectively with multiple business groups, corporate areas, and independent auditors
  • Highly motivated, conceptual thinker who is able to work independently and/or in a team, and take a leadership role in a wide variety of assignments
  • Working knowledge of Actuarial Systems (i.e. PTS, GGY Axis, PolySystems, Triton, MG-ALFA, MoSES, etc)
  • Experience with risk assessment, control analysis, audit procedures and standards, sampling techniques, and the internal framework of control is a plus but not required
31

VP & Actuary Resume Examples & Samples

  • Bachelors degree is required
  • Fellow of the Society of Actuaries (FSA) and 10 years of actuarial experience is required
  • Meaningful experience with valuation, pricing and product development for life, annuities and retirement product lines is desired
  • Knowledge of GAAP reporting, statutory reporting, as well as, risk-neutral and market-consistent valuation techniques
  • Knowledge of emerging topics in actuarial science, such as stochastic modeling, fair value reporting, hedging techniques and strategies, market consistent pricing and/or principles-based reserving is ideal
  • Knowledge of risk assessment, control analysis and audit methodologies is ideal but not required
  • Excellent oral and written communication skills
  • Ability to partner effectively with multiple business groups, corporate areas, and independent auditors
  • Highly motivated, proactive, conceptual thinker who is able to work independently or in a team, and take a leadership role in a wide variety of assignments
  • Knowledge of industry valuation systems, and various modeling tools and concepts is a plus
32

Senior Actuary Resume Examples & Samples

  • FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience. In lieu of Bachelor's, will accept Master’s in a listed discipline and 6 years or relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience. Demonstrates high quality leadership, judgment, organization and prioritization skills. Exhibits effective management skills to motivate and develop a staff. Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. Works well under pressure and within time constraints to effectively accomplish individual and team objectives
  • Experience with control procedures and financial models are strongly desired
  • Audit and risk experience is helpful, as is understanding of process improvement protocols and IT-type controls
  • A broad background of insurance products including life, individual health, and annuities is desired
  • A background on actuarial modeling platforms such as ALFA, MoSes and GGY Axis is strongly desired
  • Strong communication skills, both verbal and written, as well as outgoing personality to forge relationships with the model owner teams is essential
33

Actuary Level Resume Examples & Samples

  • This is a cross functional role in a cross functional team. The position will work closely with the Program Business and Project Managers, model/process owners, IT, and Business Units (L&P, I&R, TBS, & Corporate), and with AEGON more broadly, to help plan and execute on program and projects, and mitigate program and project issues
  • Support various business work streams of various sub-projects beneath the main program, including Transformation Road Map design, and product implementations
  • Assist with architecturally developing coherent financial reporting, product management and business support processes across all Transamerica products and financial reporting frameworks
  • Business and Information Technology Sourcing expertise
  • Working/planning/managing business ownership in information technology projects/portfolios
34

Director & Actuary Resume Examples & Samples

  • Developing and maintaining model documentation that describe current and/or future state, including inputs, outputs, calculations, assumptions, methodology and operating instructions. This includes model process documents, SOPs, change management documentation, business & technical specifications, and other forms of communication
  • Perform model testing, affirmation and periodic intelligent cell testing of all LTC Actuarial models. Support model reviews performed by independent groups (AMG, MRMG, Internal Audit, PwC)
  • Contribute to the success of model risk management and governance programs for LTC Actuarial by staying current on and enforcing compliance with established enterprise model risk management policies and AMG procedures across all models
  • Develop expertise in LTC Actuarial models via support of model governance activities, interaction with designated model owners, review of historical artifacts and model code base as well as model operating instructions
  • Understand and articulate the impact of model governance procedures on all model activities and the execution of those procedures on behalf of model owners
  • Propose solutions or new ideas that enhance model quality, stability, effectiveness and efficiency
  • Bachelors degree is required
  • Associate of Society of Actuaries (ASA) is strongly preferred
  • A minimum of 5 years of actuarial modeling experience is required
  • Experience with Polysystems and MG-ALFA are preferred. Knowledge of GGY Axis is a plus
  • Strong knowledge of MS Office tools including Microsoft Excel, Access, Visual Basic and Visio are required
  • Experience preparing, reviewing, editing, and controlling technical or process documents
  • Ability to analyze and organize complex subject matter and transform it into easy-to-understand language and diagrams
  • Highly motivated individual who is able to work within a team environment or independently on a variety of assignments
  • Knowledge of practices related to Valuation, Forecasting, Asset Adequacy Testing, Loss Recognition Reserve Testing and/or Pricing are preferred
  • Industry knowledge and experience of LTC, Disability, and Life Insurance products is a plus
  • Ability to demonstrate a high degree of initiative, curiosity, with an eagerness to learn
  • High level of self-motivation and ownership of results
  • Detail oriented with ability to multitask
  • Strong analytical skills including the ability to think critically and logically
  • Strong interpersonal and communication skills
35

Director, Actuary Resume Examples & Samples

  • Support the planning and management of actuarial modeling projects. Lead work streams and drive projects to a successful completion
  • Serve as a subject matter expert on actuarial calculations and processes. Provide the big picture perspective to initiative planning
  • Manage relationships with business partners such as ESFS and Actuarial Model Governance (AMG). Communicate, negotiate and monitor dependencies
  • Become an expert in actuarial change control and enterprise model governance procedures. Ensure the SOP requirements are met in all project plans
  • Create or review documentation as needed, e.g. scope and business requirements
  • Regularly communicate project status to Annuities Actuarial management and other stakeholders. Present recommendations for management decisions on high impact items
  • Bachelors or higher degree in one of the following : mathematics, statistics, economics, actuarial science, computer science, business administration, finance
  • Associate of the Society of Actuaries (ASA) Designation. At least five years Actuarial experience
  • Demonstrated ability to lead technical projects and drive them to completion
  • Strong written and verbal communication skills
  • Ability to communicate mathematical/actuarial concepts to non-technical partners
  • Experienced user of MS Excel, MS Word, and MS Powerpoint
  • Ability to prepare and make presentations to cross functional audiences
  • Experience in GAAP and Statutory valuation for variable annuity products is desirable
  • Variable annuity and GGY Axis experience is a plus
36

Director, Actuary Resume Examples & Samples

  • Lead the Model Governance team for the Annuities Actuarial Department
  • Partner with AMG to assure that the Annuity models are in compliance with corporate Model Risk guidelines
  • Develop and maintain test tools used to validate actuarial production models used for valuation and forecasting
  • Perform independent model review and testing of Annuity production models
  • Manage and coordinate the process for developing and maintaining required actuarial model documentation as outlined in the AMG Standard Operating Procedures
  • Write, edit, and manage required model documentation as needed, following the documentation standards set out by AMG
  • Manage control functions related to the production of actuarial reserves and DAC
  • Manage a team of three
  • A minimum of 3 years of actuarial modeling experience
  • Ability to partner effectively with colleagues across multiple functional groups and corporate areas
  • Knowledge of practices related to valuation, risk management, and insurance accounting
  • Knowledge of variable annuities a plus
  • Supervisory experience preferred
37

Actuary, Macquarie Wealth Management Resume Examples & Samples

  • Executing capital models for the life insurance business
  • Working with the BFS Investment Governance Team to execute elements of the investment governance framework including investments due diligence, monitoring performance & trustee limits and stress testing
  • Assisting in the development and maintenance of solutions to meet the actuarial and analytical needs of the Wealth Management business
  • Assisting in pricing analysis
  • Assisting in the development and execution of data reporting initiatives within the Commercial Management team
  • Be self-motivated, work independently and demonstrate strong multi-tasking skills
  • Demonstrate strong problem solving, analytical and communication skills including the ability to communicate technical information to business stakeholders
  • Demonstrate technical experience in Excel, data object applications (e.g. MS Access) and financial modelling software (e.g. mo.net)
38

Actuary Resume Examples & Samples

  • Understand CMS requirements for Medicare Advantage bids and provide support and guidance to others involved in the development of MA bids
  • Peer review Medicare Advantage bids prepared by others
  • Direct the development of sound bid compliance tools and train others on their use
  • Participate in various audits of Humana’s Medicare Advantage bids, including CMS Desk Review, CMS bid audit and audits by Humana partners
  • Identify and implement process improvements to ensure compliance with CMS rules and decrease future errors (continuous improvement)
  • Prepare documented observations, analyses and interpretations of results
  • Prepare documentation of bid processes
  • Create cooperative working relationships with our partners, both in and outside Senior Products Actuarial
  • Manage small staff of actuaries. Duties include associate development, mentoring to technical professionals, project prioritization and the effective communication of findings to key stakeholders
  • Requires communication and presentation skills, working independently with Senior Products Actuarial and Finance on actuarial analyses and recommendations regarding appropriate courses of actions
  • Accountability: Meets established expectations and takes responsibility for achieving results; encourages others to do the same
  • Acts Strategically: Makes decisions and sets strategy based on the long-term vision, uses an enterprise-wide perspective to translate strategies into actions, inspires others to embrace and advance the strategy, and creates a clear view of the future state
  • Interpersonal Effectiveness: Understands oneself, effectively manages emotions, listens and communicates with respect, and builds trusting relationships
  • Leads Change: Guides and energizes others, models adaptability, and inspires strong organizational performancethrough periods of transformation, ambiguity, and complexity
  • Bachelor’s Degree
  • FSA or ASA plus relevant advanced degree, recent and relevant work experience, and/or other relevant professional designations
  • MAAA
  • Strong communication skills
  • Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
  • Deep Humana specific or Line of Business (LOB) knowledge
  • Independent consulting ability
  • Ability to translate technical issues for non-Actuarial audiences
  • Ability to think holistically through a project
  • Health industry knowledge
  • Confidence to influence beyond Actuarial function
39

Director, Actuary Resume Examples & Samples

  • Directly partners with the Retirement Finance BFO and Capital Management teams in the development and communication of forecasts for the Retirement business
  • Understands and supports coordination of key actuarial inputs to the forecasting process via close partnership with all of the other teams across Retirement Actuarial (Financial Reporting, Valuation Modeling, Pricing, Capital and Risk Management, ALM)
  • Uses existing tools and models to develop analysis to influence business decision making
  • Supports analysis that provides insight to Retirements business leaders on actuarial implications of business decisions, including risks, opportunities, and inherent uncertainty and variability in forecasts
  • Proactively seeks out opportunities to use forecasting analytics to influence the strategic direction of Retirement business
  • Influences the development of the end-state forecast modeling platform based on analytical needs
  • Fellow of the Society of Actuaries (FSA) or near FSA with 5+ years of business/actuarial experience
  • High-energy individual who brings positivity and optimism to their work
  • High degree of curiosity coupled with courage and strong judgment; is not afraid to ask questions, challenge the status quo, and make recommendations
  • Knowledge of Retirement products, including product features and drivers of earnings and risk
  • Ability to interpret and analyze GAAP, Stat, and economic balance sheets and income statements
  • Working knowledge of technical modeling platforms including Excel, Access, and GGY AXIS
  • Ability to communicate complex relationships and actuarial calculations at an appropriate level to non-technical audiences in a manner that influences business strategy
  • Ability to see how many individual component pieces (inputs, assumptions, and calculation logic) come together to form a cohesive financial projection
  • Ability to analyze model projections and dig deep to establish cause and effect relationships
40

Provider Development Actuary Resume Examples & Samples

  • Builds relationships with business partners and influences decisions to appropriately manage risk
  • Equip contracting leadership with intelligence allowing them to contract the best price point in the market, or to evaluate merger and acquisition synergies
  • Development of sound applications and models necessary to efficiently measure, monitor, and forecast competitiveness
  • Support commercial actuarial teams with re-pricing factors, network cost factors, and adjustments to core trend due to emerging contracting changes
  • Leverage industry practice and actuarial pricing knowledge to proactively implement processes and procedures which manage risk
  • Identifies and implements analytical process improvements which generate a competitive advantage
  • Produce insights and analysis that serve as a resource for network, actuarial segment, and segment sales leaders in aspects related to medical cost and utilization analysis and provider economics
  • Produce cost and utilization statistics for data mining and modeling to appropriately price Humana’s business
  • Understands, simplifies, and clearly communicates results of analysis to internal and external business partners
  • Prepares comprehensive documented observations, analyses and interpretations of results including technical reports, summaries and quantitative analyses
  • Increase sales by producing actionable information to enhance prospecting and sales resource allocation
  • Influence external consultants by telling the Humana story
  • To leverage best in class technology and analytics in our work
  • Comply with Actuarial Standards of Practice, Standard Valuation Law, and NAIC developments
  • FSA or ASA plus relevant advanced degree, recent and relevant work experience, and/or other relevant professional designations
  • MAAA
  • Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
  • Deep Humana specific or Line of Business (LOB) knowledge
  • Advanced Technology Skills – including Microsoft Excel, Visual Basic for Applications, SQL and/or SAS
  • Independent consulting ability
  • Ability to translate technical issues for non-Actuarial audiences
  • Strong Leadership Skills – both managerial and thought leadership
  • Health industry knowledge
  • Confidence to influence beyond Actuarial function
41

Managing Actuary Resume Examples & Samples

  • Develop area-specific plans and goals that help enhance business-wide objectives
  • Oversee the production and tracking of cost and utilization statistics for Humana’s member population, and data mining and modeling of new intervention and outreach opportunities
  • Ensure compliance with Actuarial Standards of Practice, Standard Valuation Law, and NAIC developments
  • Create and support cooperative working relationships, both within the company-at-large and with outside business partners
  • Direct the preparation of financial reserves and corresponding valuation issues
  • Bachelor Degree
  • FSA or ASA plus relevant advanced degree, significant and commensurate work experience with responsibilities, and/or other relevant professional designations
  • MAAA
  • Strong Communication Skills
  • Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending) and more than one product
  • Ability to combine technical and management skills - integrates the technical skill set of the Actuary role with organizational ability to hire and develop human capital
  • Emotional intelligence
  • Ability to translate technical issues for non-Actuarial audiences
  • Experience in developing talent through constructive feedback
  • Negotiation skills
  • Ability to manage conflict
  • Demonstrated ability to distinguish true sense of urgency
  • Demonstrated strategic influence throughout organization
42

Director, Actuary Resume Examples & Samples

  • Fellow of the Society of Actuaries (FSA), or near FSA designation
  • Knowledge of statutory reporting concepts and familiarity with related year-end filings
  • Ability to partner effectively with colleagues across the business units and corporate areas
  • Ability to quickly learn about Prudentials product lines and new regulatory initiatives
  • Excellent organizational and time management skills
  • Highly motivated, conceptual thinker who is able to work independently or in a team
  • Ability to keep supervisor informed of project progress and meet project due dates
43

Director & Actuary Resume Examples & Samples

  • FSA or ASA with 5+ years experience(MAAA also required)
  • Group Insurance experience strongly preferred
  • Pricing experience required (Life Pricing strongly preferred)
  • BS/MS in Actuarial Science/Mathematics/Statistics required
  • Intimate knowledge of Excel, also Visual Basic skills a plus
  • Familiar with use of Data Bases and Data Marts(Business Objects experience a plus)
44

Lead Actuary Resume Examples & Samples

  • Represents the FDA and payout models on project teams (and governance bodies) with regard to researching and solving modeling issues, implementing new products/product features or enhancements, reviewing/implementing proposed assumption and/or methodology through a thorough understanding of fixed annuities and the code and architecture of the ALFA FA models and inforce files
  • Manages the FDA and payout model databases, including planning quarterly implementations, reviewing/updating estimated financial impacts (EFIs), researching model issues impacting all FA models, maintaining the database, ensuring completed items are closed and working with CMO/Group on audit of completed items
  • Coordinate the quarterly updates to ALFA with model owners and developers and also complete any required papers for FDA ALL and payout items and coordinate model specific items with model owners
  • Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the fixed annuity ALFA models representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience studies, etc.)
  • Coordinates the updating and maintenance of the Assumption and Methodology Repository for fixed annuity related items
  • Ensures change management process followed by modelers providing guidance as needed and collaborates with CMO to shape change management process providing constructive and collaborative feedback
  • Participates in discussions/analysis and provides guidance/advice regarding technical actuarial issues such as modeling methodology, reserving principles and changes to valuation standards, laws and regulations applicable to variable annuities
  • Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to variable annuities and recommends appropriate reaction to these developments
  • Finds creative solutions to modeling issues as leader/participant on cross functional/cross product teams
  • Lead or serve as a key resource for completion of one or more major projects during the course of the year
  • May manage and motivate one or more employees
  • May represent the company on industry and professional committees and/or with regulators
  • Other duties as assigned based on department needs
  • Conforms with and abides by all regulations, policies, work procedures, instruction, and all safety rules
  • Exhibits regular, reliable, punctual and predictable attendance
  • Bachelor’s/Master’s degree in Math, Finance, Actuarial Science, Statistics or related field
  • FSA with 6+ years of actuarial experience or strong ASA with 10+ years of actuarial experience required
  • Experience with actuarial valuation or modeling software required
  • Knowledge of change management processes and fixed annuities preferred
  • Excellent computer skills
  • Working knowledge of IFRS, Statutory and Tax valuation principles
  • Working knowledge of the principles of modeling insurance product cash flows
  • Knowledge of fixed annuity products and ALFA actuarial modeling software preferred
  • Knowledge/experience with reinsurance is a plus
  • Familiarity with typical insurance company general account asset classes is a plus
  • Effective oral and written communication skills, demonstrating the ability to convey complex mathematical and analytical concepts to various audiences
  • Demonstrates high quality judgment, organization and prioritization skills
  • Takes initiative and works independently
  • Works under pressure and within time constraints to effectively accomplish individual and team objectives
  • Effective management skills to motivate and develop staff or cross functional teams
  • Finds creative solutions to standardize and automate processes
  • Embraces change and quickly adapts to new methods and accountabilities
45

VA Modeling Infrastructure Actuary Resume Examples & Samples

  • Represents the VDA ALL and TARE ALL models on project teams (and governance bodies) with regard to researching and solving modeling issues, implementing new products/product features or enhancements, reviewing/implementing proposed assumption and/or methodology through a thorough understanding of variable annuities and the code and architecture of the ALFA VA models and inforce files
  • Manages the VDA ALL and TARE ALL model databases, including planning quarterly implementations, reviewing/updating estimated financial impacts (EFIs), researching model issues impacting all VA models, maintaining the database, ensuring completed items are closed and working with CMO/Group on audit of completed items
  • Coordinate the quarterly updates to ALFA with model owners and developers and also complete any required papers for VDA ALL and TARE ALL items and coordinate model specific items with model owners
  • Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the variable annuity ALFA models representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience studies, etc.)
  • Coordinates the updating and maintenance of the Assumption and Methodology Repository for variable annuity related items
  • Participates in discussions/analysis and provides guidance/advice regarding technical actuarial issues such as modeling methodology, reserving principles and changes to valuation standards, laws and regulations applicable to variable annuities
  • Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to variable annuities and recommends appropriate reaction to these developments
  • May manage and motivate a small team of employees or project team
  • Other duties as assigned based on department needs
  • Conforms with and abides by all regulations, policies, work procedures, instruction, and all safety rules
  • Bachelor’s/Master’s degree in Math, Finance, Actuarial Science, Statistics or related field
  • FSA with6+ years of actuarial experienceor strong ASA with 10+ years of actuarial experience required
  • Knowledge of change management processes and variable annuities preferred
  • Knowledge of variable annuity products and ALFA actuarial modeling software preferred
  • Knowledge/experience with valuation of derivatives or reinsurance is a plus
  • Demonstrates high quality leadership, judgment, organization and prioritization skills
  • Takes initiative and works independently
  • Works under pressure and within time constraints to effectively accomplish individual and team objectives
  • Effective management skills to motivate and develop staff or cross functional teams
46

Actuary Resume Examples & Samples

  • Calculating and advising on life and non-life insurance policies, pensions and employee benefits and investments
  • Applying mathematical and statistical techniques to business problems
  • Reporting under RAS and IFRS principles
47

Junior Actuary Resume Examples & Samples

  • You draft reports and schedules to be delivered to clients and other parties
  • You support more senior colleagues in the delivery of client engagements
  • You act as a team member, collaborate with your colleagues, and update more senior team members on progress
  • You display maturity and the ability to function independently in our professional dealings
  • (Pursuing) a Master degree in Actuarial Science
  • Interested to start your career in an actuarial-oriented position, in life or non-life insurance, or in general risk management, reporting or valuation
  • Fluency in Dutch and French, with proficient level of business English
  • Good communication skills
  • Strong team spirit, balanced by a healthy sense of autonomy
  • A global mindset, and the drive to work in international teams!
48

AVP & Senior Actuary Resume Examples & Samples

  • Provide technical leadership in development of LTC Projection models on new AXIS platform
  • Integrate liability projection models with existing asset and reinvestment models for improved asset-liability management
  • Contribute to the development, implementation and change management of LTC Projection models
  • Contribute to development of improved liability projection processes
  • Compare projections with actual financial results, help explain variances, and improve accuracy of projections
  • Engage with LTC Product Actuarial leaders in the standardization and management of LTC Actuarial modeling platforms
  • BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or related major
49

Actuary, Core Life Product Development Resume Examples & Samples

  • Provides subject matter expertise to department members and internal/external stakeholders on product design, pricing and actuarial aspects of products
  • Serves as a key resource for projects outside his/her direct supervision, using a collaborative style to help evaluate assumptions, processes, and methods used
  • 5-7 years of increasing life insurance experience including actuarial product development experience that directly aligns with the responsibilities of this position
  • Experience with Individual Life products preferred
  • Strong knowledge of operations of variable, universal and traditional life insurance products from both contractual and systems perspectives
  • Thorough knowledge of product development process and actuarial pricing techniques, methods and software
  • Sound knowledge of federal income taxation of life insurance products including Internal Revenue Code Sections 72, 101, 7702, 7702A, and 7702B
  • Experience with Life Insurance administration platforms (Vantage and/or VPMS preferred) and illustration systems
  • Experience with actuarial pricing software such as MG-ALFA is preferred
  • A Demonstrated track record of consistently meeting and/or exceeding performance expectations
  • Possesses a bias for action and avoids workplace distractions
  • Drives performance targets to completion
50

Actuary Resume Examples & Samples

  • Managing project completion and budget
  • Performing analysis
  • Writing reports
  • Supervising actuarial students
  • Five or more years of relevant experience
  • Health experience is required
  • FSA or ASA designation
  • Good writing and speaking skills
  • Proficiency with spreadsheets and database applications
51

Actuary Resume Examples & Samples

  • Lead risk analysis of key products, processes & Enterprise activities
  • Develop and utilize models and other mathematical approaches for risk assessment purposes
  • Develop processes to routinely analyze and report on risk exposure
  • Communicate results and trends effectively with technical and non-technical audiences
  • Partner within business units to support and drive informed decisions
  • Peer review actuarial work of others, as needed
  • May be responsible for direct supervision of others
  • ASA and/or FSA designation is required
  • 5+ years experience with advanced functions in Microsoft Excel
  • Experience with actuarial software (ie: MG-ALFA, R or SAS)
  • Strong oral and written communication and human relations skills
  • Critical thinking skills
  • Good business judgment to identify experience trends and issues requiring modification in standard approaches or need to elevate risk concerns
  • Proven track record of taking accountability and ownership over work
  • Leadership skills
  • Creativity, awareness of emerging environmental and industry trends, and strong problem solving abilities using business-oriented solutions
  • Background in risk management field
  • Knowledge of applicable valuation techniques and requirements preferred
  • Exposure to finance & economic disciplines
52

Director / Actuary Resume Examples & Samples

  • Lead pricing, contract development & filing Support and provide implementation guidance
  • Lead product design plan and project execution
  • Lead product initiative including research & development
  • Provide technical support to IT, Compliance, Marketing and other product related areas as well as to other members of Product Design team, as requested
  • Manage and develop direct reports to help them reach their potential
53

Director & Actuary Resume Examples & Samples

  • Leadership and development of Actuarial team
  • Providing timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
  • Collaboration with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
  • Overseeing the development of internal pricing capabilities for new and transitioning products including rate development, tool development, rate filings, understanding contracts, working with underwriters during case quoting and UW judgment development
  • Managing all aspects of special product pricing including development/attestation of all actuarial assumptions annually and potential re-pricing for new product features
  • Overseeing pre-release quotes
  • Research and development of new special products and product features
  • Review of current reinsurance arrangements and concentration of risk, and exploration of potential updates/changes given current risks and costs
  • Interest rate hedging
  • Support internal efforts to secure necessary approvals both from Prudential Group Insurance leaders and other governing bodies across the Prudential Enterprise
  • 5+ years of actuarial experience, plus experience managing and developing others
  • Excellent communication skills, both written and verbal , particularly in presenting results to senior executives
  • Highly motivated and creative problem solver; able to self-initiate and thrive in a fast-based, results-oriented environment
  • Positive attitude
  • Ability to convey sense of urgency and to work productively and cooperatively
  • Collaborative and team-oriented; ability to lead and train others
  • Market exposure in group benefits is a plus but not required
54

Director, Actuary Resume Examples & Samples

  • Direct, perform and review experience studies for actuarial assumptions to support Group Life and Disability pricing models
  • Identify potential risk drivers and direct data mining efforts to improve Group Life and Disability Pricing models
  • Direct and build comprehensive Pricing model to improve risk selection and support substantial profitable growth
  • Build and maintain an On-Demand case level profitability and return on required capital model to support the Underwriting renewal decisions
  • Provide guidance and support to large case pricing reviews
  • Build and maintain model to analyze new business quoting activities to improve future sales and risk selection
  • Excellent communication skills; ability to communicate results and influence business partners as well as senior management
  • Superior technical expertise in actuarial risk-based modeling; ability to perform complex actuarial analysis; experience in predicative modeling work preferred
  • FSA, near FSA or FCAS with 5+ years of actuarial experience required. Group Insurance experience preferred
  • Strong technical skill in SQL and VBA preferred
55

New Product Risk Actuary Internal Title Resume Examples & Samples

  • Participate in all New Product Development efforts, coordinating with Product Development, Financial Risk Management, Distribution, Marketing teams to ensure that, for all new products, Financial and Life Insurance risks are well understood and appropriately mitigated and priced for in the Product Development Process
  • Communicate with Group Risk Management team to further develop the AXA Group risk appetite standards for New Products and the risk analysis tools that the AXA Group uses to measure and manage risks
  • Improve the local PAP (Product Approval Process) policy based on prior years’ experience. Monitor compliance with the PAP policy prior to launch of New Products. Analyze post-launch experience and work on various strategic projects including distribution risk
  • Form effectively working relationships with various departments both locally as well as in Group
  • 2) Product Development and Risk Management experience a plus
  • 3) Flexibility to adapt to dynamic projects
  • 4) Strong communication skills, with the ability to think creatively, to express thoughts clearly, and to work effectively with others
  • 5) Must be self starter with exemplary work ethic held to a high level of accountability
56

Managing Actuary Resume Examples & Samples

  • Managing and leading a team of actuarial associates
  • Implement process improvements
  • Lead the review and maintenance of the monthly calculation of policy reserves and claim reserves including GAAP, Statutory and Tax
  • Support operational areas (including Worksite Voluntary Business and Financial Protection Products) with timely analysis of financial results and projection of future reserves
  • Provide valuation support for new product development
  • Build strong business relationships with Finance
  • Support the budget process
  • Communicate with outside reinsurance partners
  • Monthly, quarterly and annual financial reporting
  • Work on State exams; external audits and internal audits
57

Director, Actuary Resume Examples & Samples

  • FSA or FCAS with 5+ years of actuarial experience required
  • Group Insurance experience preferred
  • Excellent communication skills, both written and verbal
  • Superior technical expertise in actuarial risk-based modeling; ability to perform complex actuarial analysis; Strong technical skill in SQL and VBA preferred
  • Creative problem solver; able to self-initiate and thrive in a fast-paced, results-oriented environment
  • Ability to lead projects and communicate goals, and be able to independently coordinate and collaborate with internal cross-function teams
  • Ability to convey sense of urgency and to work productively and cooperatively
  • Positive attitude
58

Director, Actuary Resume Examples & Samples

  • Partner with Prudential’s Global Portfolio Management team to develop and enhance Retirement’s Asset Liability Management Governance Structure including leading various initiatives developed by the Working Group supporting the Retirement Asset Liability Council
  • Collaborate with business partners throughout the Prudential organization to develop tools and processes for ultimate use across various uses (e.g., asset adequacy testing, pricing, portfolio strategy and tactics analyses, stress testing, risk aggregation, etc.) to drive Asset Liability Management related decision making
  • Support Financial Frameworks & Risk Analytics’ strategic leadership of multi-year implementation of GGY AXIS across Retirement Actuarial involving close partnership within Retirement as well as collaboration across other business units and corporate functions
  • Partner with Prudential’s Global Portfolio Management team to develop and enhance investment strategies across Retirement’s $90 billion general account portfolio
  • Fellow of the Society of Actuaries (FSA) required; ~6+ years of business/actuarial experience
  • Excellent technical skills and ability to understand complex quantitative concepts and models
  • Ability to partner with diverse constituents using strong influencing and collaboration skills
  • Ability to prioritize, plan, and execute across multiple work efforts simultaneously
  • Strong communication skills and presentation skills
  • Strong knowledge of Asset Liability Management, GAAP and Statutory financial principles, and financial modeling
59

Actuary Manager Resume Examples & Samples

  • Allstate is looking for a Life Product Development Actuary with a core responsibility of supporting all aspects of Life Product Development in light of upcoming regulatory changes and actuarial projection software transition. Additional responsibilities will include assignments of leadership and/ or participation in other financial actuarial topics
  • Responsibilities include
  • Product development leadership for product changes related to implementation of the 2017 CSO and Principles Based Reserves
  • Provide leadership on functions related to actuarial software platform transition
  • Develop rates; maintain, run, and analyze actuarial projections for new products
  • Assist with state filing of contracts including contract development, regulatory compliance, and actuarial memos
  • Develop, review, and test technology requirements for new products
  • Prepare, review, and/or approve documentation for actuarial model projections and product development projects
  • Collaborate with other functional business areas to improve efficiency and accuracy of actuarial models
  • Ensure appropriate model controls and utilize appropriate peer review and functional review of model data; adhere to established governance processes and guidelines
  • Initiate the design and development of project plans including identifying new projects, assigning resources and evaluating cost/ benefit
  • Be an engaged contributor in cross functional and senior management discussions
  • Role may include managing direct reports
  • FSA designation required
  • Bachelor’s degree in actuarial science or related field
  • Actuarial projection software experience
  • Ability to establish priorities of team and own projects
  • Solid interpersonal skills in order to work well in a team environment
  • Strong Microsoft application skills (Excel, Access, PowerPoint)
  • Ability to manage and motivate staff
60

Actuary, Annuity Valuation Internal Title Resume Examples & Samples

  • Run and summarize results for annuity valuation
  • Maintenance of the valuation systems for new products, new regulations, etc
  • Assist in the preparation of reports
  • Consolidating results, communicating booking, updating process documentation
  • Responding to management and auditor requests
  • Fulfilling filing requirements, disclosures, surveys, and SOX and MAR reporting
  • Responding to ad hoc requests from management
  • Point person for DAC calculations and analysis
  • Explanation of results to senior leadership and other special projects
61

Director & Actuary Resume Examples & Samples

  • Directing Group Life pricing actuarial assumption and methodology reviews to improve risk selection and support substantial profitable growth while ensuring compliance with Enterprise Pricing Standards
  • Directing data mining efforts to improve Group Life pricing accuracy and efficiency
  • Providing actuarial guidance in large case Underwriting to facilitate confident decision-making and to achieve business goals
  • Providing actuarial support to new product development
  • 5+ years of actuarial experience, plus experience managing others
62

Director, Actuary Resume Examples & Samples

  • Fellow of the Society of Actuaries designation (FSA) or near FSA designation
  • Knowledge of statutory reporting for insurance products, including reinsurance
  • Exposure to Prudential’s product lines and businesses and various other actuarial practice areas. Knowledge of capital management and hedging is a plus
  • Highly motivated, conceptual thinker who is able to work independently or in a team, and take a leadership role in a wide variety of assignments
  • Ability to keep supervisor informed of project progress and any emerging issues
63

Director, Actuary Resume Examples & Samples

  • Track capital and best estimate projection requests between Actuarial, Treasurers, Enterprise Risk Management, and Finance
  • Support the IAIS Field Testing process, comprising coordination of business unit results, completion of questionnaires regarding results and Prudential advocacy points, presentations to domestic and international regulators, and addressing various capital regimes and emerging international capital standards
  • Collect, compile, and present aggregate results
  • Reconcile best estimate liabilities in the capital framework to US GAAP balances
  • Review business unit documentation of the in force businesses included, cash flow definitions, assumptions, and modeling / systems used in various best estimate projections
  • Help the business unit actuarial departments implement consistent best estimate liability and capital projections, analysis, and reporting
  • Assist in the drafting of standards for the best estimate projections used in available and required capital estimates
  • Bachelors degree
  • Fellow of the Society of Actuaries (FSA) or near FSA with 5 years of actuarial experience
  • Familiarity with insurance accounting, capital frameworks, and financial reporting controls * Project management skills
  • Ability to partner with colleagues across multiple business groups and corporate areas
64

Director, Actuary Resume Examples & Samples

  • Support internal efforts to secure necessary approvals both from Prudential Retirement’s leaders and other governing bodies across the Prudential Enterprise
  • Typically FSA required
  • Five plus years of actuarial experience
  • Longevity Underwriting, Investment or ALM experience would be a plus
65

Director, Actuary Resume Examples & Samples

  • Support long term goal of fully automated valuation system capable of satisfying growing demands for faster and more complex analysis
  • Build valuation platform which can be used to support longevity reinsurance business, a key driver of future business growth
  • Work closely with members of Valuation Modeling team, Actuarial Financial Reporting team and PRT Pricing team to create detailed business requirements. Ensure that proper model development life cycle is followed and that model is consistent with business requirements
  • Create and maintain thorough model documentation, including business requirements, test plans and ultimately release memos
  • Lead model development, model testing and independent model review
  • Coordinate with Actuarial Process & Technology group to recommend, implement and test solutions to create more streamlined and automated valuation processes
  • A minimum of 3 years of actuarial modeling experience. Knowledge of Retirement products, pricing, and asset/liability management is preferred
  • Strong quantitative and communication skills to quickly learn and apply complex modeling concepts and be able to communicate to both actuarial and non-actuarial business partners
  • Experience in actuarial modeling systems and programming software such as Prophet, GGY-AXIS, ALFA, PolySystems, C++ and VBA. Proficiency in SQL and database.design is strongly preferred
  • Knowledge of practices related to pricing, valuation, risk management and model governance
66

Director, Actuary Resume Examples & Samples

  • Peer-review and improve processes for monthly/quarterly GAAP, STAT, TAX valuation, annual regulatory filing, and actuarial supports for financial analysis. We are looking for a strong leader to help transform our processes to increase the efficiency of actuarial processes and improve analytics
  • Support our long term goal of modernized and automated valuation system and processes capable of satisfying growing demands for faster and more complex analysis. Build and improve valuation process and analysis platforms which will optimize efficiency and control while serve dynamic needs from all customers
  • Work closely with members of valuation, projection, model testing and experience study teams within the actuarial department to ensure all the relevant functions are implemented consistently with business requirements
  • Work closely with corporate actuarial oversight teams, accounting policies and finance/controller teams to monitor regulatory requirements for compliance and adopt industry best practices for excellence. Help the department enhance readiness for new regulatory requirements and emerging experience from valuation and financial reporting perspectives
  • Fellow of the Society of Actuaries designation (FSA). Career ASA will be considered
  • Bachelor’s degree required. Master or higher degrees preferred
  • A minimum of 5 years of responsible actuarial experience in financial reporting areas required
  • Experience in actuarial modeling systems such as PolySystems or GGY-AXIS and programming software such as VBA strongly preferred. Proficiency in database design is a plus
  • Familiar with valuation and financial reporting under US Statutory, Tax and GAAP required
  • Familiar with Long-Term Care or Disability Income products strongly preferred. Additional experience on Life and Annuity products is a plus
  • Strong quantitative and communication skills to quickly learn and apply complex actuarial concepts and be able to communicate to both actuarial and non-actuarial business partners
67

Principal Actuary Resume Examples & Samples

  • Reviewing premium rate filings of individual and group accident and health products of health maintenance organizations, not-for-profit corporations, and commercial medical and dental insurers in connection with (i) new policy submissions or (ii) premium rate increase requests in order to determine compliance with statutes, regulations and guidelines. This includes the analysis of the actuarial information and loss ratios supporting the rate applications, and recommendations to Bureau management as to the reasonableness of the rate applications submitted to the Department
  • Identifying and developing rating material and supporting exhibits to be submitted by companies under the rate application process, assisting with standardizing the process and addressing issues related to confidential information
  • Reviewing and verifying material provided to the Department via SERFF and from other sources that is required to be submitted to the U.S. Department of Health and Human Services (HHS) under the Federal Grant program. This includes rating information and disclosure information required by HHS
  • Reviewing Federal Medical Loss Ratio (MLR) rebate calculations and coordinating the Federal calculation with State-based statutory rebate calculations where the State has stricter standards for such rebates. This includes the preparation of summary reports for all companies, and the development of recommendations to Business Unit management as to modifications in the content of the current loss ratio reports and instructions
  • Reviewing and analyzing actuarial aspects of commission submissions, experience rating formula submissions, and other analyses as required by Bureau Management
  • Determining proper reserve basis for insurers providing accident and health insurance coverage
  • Investigating complaints on rates and actuarial related matters
  • Assisting in overseeing the Business Unit’s development of new or revised requirements (e.g. regulation/legislation) regarding policy for requirements, asset/liability management, risk management, capital markets issues, and minimum statutory formula reserves
  • Meeting with representatives of the insurance industry, trade groups, other governmental agencies and Department personnel to discuss rating issues and explain or advocate the Department’s or Bureau’s position, and participating on workgroups within the Department or with the industry, NAIC or other governmental agencies
  • Attending and participating in Seminars/Conferences/Training Sessions, communicating the Bureau’s practices and procedures to interested parties
  • Assisting in the preparation and review of model laws, regulations and guidelines on actuarial matters
  • Training and supervising actuaries and assist with the management of a unit; and,
  • Performing actuarial studies, developing management reports, and other tasks as assigned
68

Director & Actuary Resume Examples & Samples

  • Maintain and improve multi-purpose models in GGY AXIS
  • Collaborate with IT team to maintain and improve supporting database systems
  • Plan, design, and build new AXIS models from existing legacy systems
  • Perform reconciliations to existing Actuarial models
  • Research product features, assumptions, and reporting requirements
  • Write specifications, test, and implement model changes
  • Create, maintain, and improve model documentation
  • Design and implement financial reporting controls and management reporting metrics
  • Provide valuation production support as needed
  • Support product line and corporate initiatives
  • Fellow of the Society of Actuaries or ASA with commensurate experience
  • 5+ years relevant actuarial experience
  • BA/BS Degree in Actuarial Science, Mathematics, Statistics or related major
  • Advanced use of Excel
  • Demonstrated leadership ability; team player
  • Excellent written and oral communication skills
  • Ability to manage concurrent deadlines and multiple priorities in an organized manner
  • Strong problem solving and analytical skills
  • Proficiency of GAAP, Statutory and Tax financial reporting requirements
  • Long Term Care product experience
  • Strong proficiency using AXIS Software including Datalink
  • Programming experience, especially Visual Basic, SQL, and/or MATLAB
  • Experience with model conversions
69

Assistant Actuary Resume Examples & Samples

  • Conduct technical reviews and validations of actuarial models used by SLF
  • Communicate the model review results to senior stakeholders and model owners
  • Interact with model owners and model developers on discussing and resolving model issues
  • Develop alternative or benchmark models as necessary for independent assessment of model risk
  • Support corporate risk governance on managing, mitigating and controlling model risk
  • Assist with ongoing projects, if any
  • FSA / FCIA actuarial designation (or near completion of the required exams)
  • PhD or Masters in a quantitative discipline
  • Combined financial and insurance risk experience is a definite asset
  • LI-BY1
70

Chief Actuary Resume Examples & Samples

  • Develops and manages pricing methodologies and assumptions to ensure appropriate rate adequacy by state and line of business
  • Analyzes and interprets industry and book of business trends and their impact on current and future loss trends
  • Accountable for documentation of assumptions and methods. Ensuring analysis and support adheres to actuarial standards of practice
  • Ensures completion of peer reviews and responsible for overall quality of work product
  • Provides actuarial support for complex analysis for pricing, product, underwriting, finance, and claim decisions
  • Proactively monitors business mix and loss performance, working with leaders across Auto & Home to identify opportunities and areas for improvement in order to drive profitable results
  • Provides thought leadership, develops strategies and drives innovation. Responsible for monitoring and influencing potential changes in industry regulations and using the information to identify opportunities and actions for area
  • Leads pricing and loss selection for business planning and forecasting
  • Responsible for the quarterly reserving process and output including methodologies, interpretation of results and actuarial selections
  • Prioritize department workflow to meet deadlines while providing a high quality product
  • Ensure effective controls are in place to proactively manage risk and remain in compliance with company policies and procedures
  • Represent company’s position with regulators, auditors, and others as deemed necessary
  • Direct the execution of ensuring proper pricing and reserving adequacy to drive profit
  • Lead projects as assigned, on time and within budget, including cross team/department projects as required
  • Engage in professional development to maintain Actuarial credentials
  • Think strategically, creatively, and drive innovation with a focus on continuous improvement
  • Demonstrate accountability, and focus on client needs and creating value for the shareholder
  • Build and develop talent, and manage performance of assigned teams
  • Maximize relationships, build trust, and communicate effectively across business units,
  • Ameriprise Auto & Home | Chief Actuary Page 4 of 5
  • Staff groups, and geographic locations
  • Deep industry knowledge and competitive intelligence in the personal lines property and casualty industry
  • Balanced leader who understands how to grow business profitably while managing risk exposure
  • Demonstrated ability to work in a dynamic environment balancing multiple projects and to effectively manage change
  • Excellent relationship management skills with the ability to lead, collaborate, and influence all levels of leadership, external partners, regulators, rating agencies and community leaders
  • Dynamic and motiving executive with ability to present to external and internal audiences
  • Experience working with a large complex organization where matrix management is critical to success
  • Savvy, commercially minded and well-rounded strategic executive leader
  • Consistently model and reinforce the 10 Behaviors & Commitments in how we work together
71

Part Qualified Actuary Resume Examples & Samples

  • Driving profitable growth through the analysis, development, continuous accuracy and integrity of KPIs associated with Performance Management
  • Oversight and support of Portfolio Management process and Performance Management framework. This includes
  • Assist Global and Regional Underwriting in the continuous improvement of performance
  • Provide analysis of portfolio performance against plans and overall strategy
  • Development and delivery of KPIs to a high quality to enable portfolio management
  • Ensure efficient production of standardised exhibits on time
  • Provide input into portfolio deep dives including leading ad-hoc analyses
  • Provide input into Performance Improvement and Turnaround programmes including the identification of growth opportunities
  • Communication of findings to all stakeholders
  • Development of the reporting tools and data assets to further enhance the business intelligence capabilities of Zurich globally. Responsibilities include
  • Advanced knowledge of the techniques and concepts behind non-life Insurance reserving, including underlying process and performance drivers
  • Advanced knowledge of finance, accounting and actuarial concepts and practices as applied to the insurance industry
  • Good knowledge of the insurance industry's trends, directions, major issues, regulatory considerations and trendsetters
  • Good knowledge of practices, tools and techniques for effective pricing of insurance contracts
  • Good knowledge of the techniques and concepts behind P&C Insurance rating & pricing
  • Nearly qualified or fully qualified actuary (or equivalent)
  • At least 3 years of experience in a non-life actuarial environment
  • Effective collaboration across a range of Stakeholders within and external to the actuarial function
  • Exhibits self-motivation and drive; takes initiative without the need for approval
  • Highly professional, enthusiastic and positive attitude
  • Competent at prioritising, resourcing and planning
  • Effective communication, presentation and interpersonal skills
  • Ability to handle complexity and distil out and explain key concepts
  • Experience in a variety of international markets will be a distinct advantage
  • Visits to countries in accordance with executing on accountabilities
  • Actuarial meetings, internal and external
  • Team meetings
72

Actuary, New Business & Growth Resume Examples & Samples

  • Support the development of our next generation product
  • Develop and drive our countrywide strategy for telematics-based pricing
  • Coach and mentor analysts on the team, and provide ongoing feedback to support thoughtful analytics, and strong understanding of the business
  • Partner closely with cross-functional stakeholders within Product, Distribution, Marketing and the CAO to improve our understanding of the customer and better inform our product design
  • Drive major cross-functional initiatives, and lead cross-functional working teams. Influence key stakeholders and gain buy-in across the organization
  • Build a thorough understanding of customer and agent experience. Develop product solutions with customer and agent experience in mind
  • Frequently communicate and present to senior leaders, including the Chief Product Officer
  • FCAS or Master's degree in a quantitative discipline strongly preferred
  • Minimum 5 - 10 years progressively responsible experience in a Fortune 500 company; P & C Insurance industry experience preferred
  • Must have exceptional planning, organizational, decision-making, and project management skills, including experience managing medium to large projects. Experience managing individuals or operations preferred
  • Must have advanced analytical and problem solving skills. Understanding of sophisticated analytical techniques including predictive modeling experience strongly desired
  • Must have exceptional communication skills, particularly ability to communicate highly analytical and complex concepts to a broad audience. Ability to influence senior leadership as well as partner organizations
  • Industry knowledge developed from internal meetings, news alerts, project-specific work, and proactive research into competitor strategies
73

Assistant Actuary Resume Examples & Samples

  • Provide insight into the Liberty Mutual Benefits business: What has happened, what will happen, and what should happen
  • Work covers both Employer Group Life & Disability and Individual Life & Annuity, with greater focus on the Individual business
  • Analysis involves both regular reporting and presentation as well as deep dive analyses into our business based on our own investigations and questions from our partners
  • Regularly report and present to LMB Product/Underwriting and Distribution Leadership Teams and other key stakeholders
  • Manage a team of 2-3 analysts and/or actuarial students
  • Supervise and train actuarial students and assist in their evaluation
  • Complete examinations to earn Fellowship in the Society of Actuaries or Casualty Actuarial Society
  • Bachelor’s Degree required
  • Attainment or near attainment of actuarial qualification (FCAS, FSA)
  • At least 4 to 5 years of related work experience with progressively increasing responsibilities
  • Strong oral and written communication skills
  • Excellent analytic, quantitative and problem solving skills
  • Demonstrated ability to work as part of a team
74

Director & Assistant Actuary Resume Examples & Samples

  • Bachelor’s Degree required
  • Attainment or near attainment of actuarial designation (FCAS, FSA)
  • 3-5+ years of related work experience with A&H products and progressively increasing
  • Responsibilities
  • Strong communication skills to effectively communicate results in written, oral and presentation format
  • Excellent analytic, quantitative and problem solving skills
  • Demonstrated ability to work as part of a team as well as exert influence while participating in large group projects
75

Product Actuary, Individual Life Resume Examples & Samples

  • Previous Retail and Direct Life Product Actuarial experience. Knowledge of direct life insurance and banc assurance business models a bonus
  • Qualified Actuary with strong relevant experience
  • Preferable previous exposure, experience in placing, or negotiating and managing reinsurance
  • Strong financial acumen with demonstrable understanding of P&L drivers
  • Strong stakeholder management skills with particular emphasis on influencing and negotiation
  • Good communication skills – both written and verbal
76

AVP & Actuary Resume Examples & Samples

  • Understand the details and nuances of our Auto book which spans 3 commercial business segments and 4 class plans. Drive continued action for profit improvement and proactively identify areas of opportunity for premium growth
  • Reach across the organization to work with Product, Segment Actuarial, Reserving, Claims, Data Science, Underwriting, Personal Lines and other matrixed partners to drive insights and initiatives. Be a strong voice and advocate for Auto with broad visibility
  • Help set the agenda and the multi-year roadmap for the Auto line
  • Drive efficiencies on the team. Ensure that we reduce complexity to produce high-quality work with an eye towards accuracy. Execute on deadlines
  • Represent the Auto line when needed in Monthly Business Reviews, State of the Line meetings, and Health of the Line meetings to various executives
  • Build an understanding of our competitors and the market in general. Look inside as well as outside to arrive at the most informed answers and decisions
  • Lead the Auto team in creating rate indications, trends, and loss ratio forecasts on a regular basis as well as pricing tools which give direction to the Underwriters
  • Ensure that the team executes the Auto rate filings which are a key component to improving results. Drive efficiencies in the rate filing processes to maximize time for the analytical work related to filing decisions
  • Partner with the Data Science team to create a new indications process that uses predictive modeling and creates a deep dive tool that can be used by the business
  • Minimum 10 years of P&C insurance experience. Auto specific experience preferred
  • FCAS or career ACAS strongly preferred
  • Experience leading technical personnel and driving high performance teams working on a variety of projects
  • Ability to prioritize work efforts and operating plans to achieve business goals and objectives
  • Proven track record of challenging existing processes, influencing others and driving processes to a conclusion while meeting critical deadlines
  • Excellent written and verbal communication skills to convey technical results to our business partners and influence decisions
  • Team player with strong collaboration skills and ability to build trusting, effective matrixed partnerships
  • Demonstrated track record of executing change to core business processes through the use of innovative techniques
77

AVP & Actuary Resume Examples & Samples

  • Provide leadership in the in-force rate action pricing initiatives of Long Term Care (LTC) insurance products to meet market requirements while maintaining the company's profitability and risk management objectives
  • Lead the development of justification, filings, objection responses, and financial quantification of rate actions on in force LTC business
  • Manage the work flow and development of a team of up to six student actuaries
  • Assist with building and maintaining pricing models
  • Develop tools to aid in the pricing of Long Term Care products
  • Support policy form filings, including preparing exhibits for actuarial memoranda and reviewing technical aspects of policy forms
  • Represent Genworth’s interests on industry conferences, conference calls, and subcommittees
  • Evaluating current processes to recommend improvements in efficiency or effectiveness, particularly for the end to end rate filing process
  • Develop innovative actuarial solutions to complex in-force pricing problems
  • Provide peer review for LTC pricing projects
  • BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major
  • Career Associate, Fellow, or near Fellow of Society of Actuaries
  • Member of the American Academy of Actuaries
  • 7+ years of relevant actuarial experience
  • Strong communication skills, both oral and written
  • Ability to manage concurrent deadlines and multiple priorities
  • Strong project management skills
  • Strong analytical and problem solving skills
  • Strong programming skills and experience in Microsoft applications of Excel, VBA, Access and Word
  • Actuarial pricing experience with Long Term Care insurance
  • Experience with actuarial pricing software, preferably AXIS
  • Experience managing actuarial teams
78

Director & Actuary Resume Examples & Samples

  • Provide support for the in-force rate action pricing initiatives of Long Term Care (LTC) insurance products to meet market requirements while maintaining the company's profitability and risk management objectives
  • Support the development of justification, filings, objection responses, and financial quantification of rate actions on in force LTC business
  • Assist with building and maintaining pricing models
  • Develop tools to aid in the pricing of Long Term Care products
  • Support policy form filings, including preparing exhibits for actuarial memoranda and reviewing technical aspects of policy forms
  • Evaluate current processes to recommend improvements in efficiency or effectiveness
  • BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major
  • Career Associate, Fellow, or near Fellow of Society of Actuaries
  • Member of the American Academy of Actuaries
  • 7+ years of relevant actuarial pricing experience with Long Term Care insurance
  • Strong communication skills, both oral and written
  • Ability to manage concurrent deadlines and multiple priorities
  • Strong project management skills
  • Strong analytical and problem solving skills
  • Strong programming skills and experience in Microsoft applications of Excel, VBA, Access and Word
  • Experience with actuarial pricing software, preferably AXIS
79

Director, Actuary Resume Examples & Samples

  • Support long term goal of a fully automated valuation system capable of satisfying growing demands for faster and more complex analysis
  • Collaborate with business group actuaries and business partners to create detailed business requirements for liability and output data warehouse and reporting facilities
  • Research, evaluate and recommend a long term business intelligence solution to integrate with the end-to-end valuation process, enabling timely, agile, intuitive and insightful analyses
  • Enhance and streamline existing analytics tools to support the analysis of asset adequacy testing, loss recognition testing and various capital frameworks and stress testing
  • Lead the analytics development and create new capabilities to better explain and visualize the complex dynamics of cash flow testing results
  • Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related field is preferred
  • Data Scientist/ Data Analytics background is a strong plus
  • Minimum of 3 years of actuarial modeling or related experience. 5 plus years overall actuarial experience
  • Knowledge of Retirement products, pricing, and asset/liability management is preferred
  • Highly motivated, conceptual thinker who is able to work effectively on a wide variety of assignments
  • Ability to quickly learn and apply quantitative modeling concepts, and effectively communicate findings to both actuarial and non-actuarial business partners
  • Experience in designing large scale database/data warehouse solutions. Strong proficiency in SQL Server or Oracle is desired
  • Experience with building web-based analytics solutions and proficiency with business intelligence and data visualization tools such as Tableau, Qlik, Oracle, Power BI
80

Risk Actuary Resume Examples & Samples

  • 5-7+ years of increasing financial, product and management experience that directly aligns with the specific responsibilities for this position
  • Experience and/or proficiency in pricing and/or ERM functions is preferred
  • Experience with Group non-medical products is preferred
  • Possess a bias for action and avoids workplace distraction
  • Drives performance targets to completion #LI-AE1
81

Assistant Actuary Resume Examples & Samples

  • Support the operation and maintenance of MG ALFA pricing system. Provide training and assistance to the pricing model users regarding the use of this system
  • Build or help build other non-ALFA based pricing/testing tools. Maintain and update those tools
  • Build new life insurance products into MG ALFA pricing system. Participate in life insurance product pricing as needed
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AVP & Actuary, Non-production Valuation, Life Resume Examples & Samples

  • Leading GAAP prospective unlocking, LRT, AG38 testing and X-Factor testing and implementation by working collaboratively with other functional areas
  • Developing reserving analytics to illustrate the drivers of results, including reserve rollforwards and source of earnings analysis
  • Evaluating current processes including model input and output procedures to recommend improvements in efficiency or effectiveness
  • Supporting corporate initiatives and audits
  • Assisting with financial close, as needed
  • Peer review of model enhancements
  • BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or related major
  • 7+ Years of experience in the actuarial field
  • Experience with Actuarial projection systems (i.e. AXIS, Polysystems, ALFA)
  • Understanding of GAAP, Statutory and Tax financial reporting requirements
  • Experience in building Actuarial models and analytics
  • Ability to manage concurrent deadlines and multiple priorities
  • Fellow of the Society of Actuaries or ASA with commensurat