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| |  Posted 10/7/2008 11:10:26 AM | |
| Supreme Being
Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95 |
| Position: Senior Actuarial Associate
Company:Insurance Organization
Location: New Jersey
Job ID: 15363
RESPONSIBITIES
-The individual will be part of the Individual Annuity Hedging team in the Actuarial unit of Annuities.
-Responsible for the analysis and updating of key liability measures for variable annuity and capital market guarantees to facilitate the hedging of these risks in domestic and international business environment.
-Responsible for providing the analysis to support the modeling of the hedging strategy for the valuation group for cash flow testing, RBC C3 Phase2, and planning.
-Responsible for providing the monthly GAAP FAS157 embedded derivative liability values.
-The unit plays an important role in the product development process for variable annuities by providing analysis and option costs for new variable annuity capital market guarantees under consideration.
-This position primarily will serve in IA Hedge team’s new VA initiatve, which is responsible for the development and enhancement of the hedging valuation system with incumbent and new products, as well as development and implementation of hedge strategy.
-This position will also be required to aid in the development of models to evaluate and price new VA guarantees and funds, to build and test scenario generators, and to assist any other quantitative and model work regarding the hedge group’s activities.
QUALIFICATIONS:
-3 – 4 years of experiences in annuity business
-Experiences in annuity valuation and hedging are plus
-Experiences on dynamic hedging, foreign exchange market, fund mapping are big plus
-Model validation experience for annuity products with TAS, MoSes, MG-ALFA is helpful
- Be able to apply analytical skills to problem solving
-Computer skills: Excel VBA, MATLAB
-ASA or near completion of ASA
-Be good at independent project management and team work
-This position requires an individual with both strong modeling and project management skills that is able to work on new projects with little guidance.
Online Application available at www.jobs4actuary.com
For further information, email info@nasearchg.com and mention Position #15363, or contact any of our recruiters at (905)-477-2962. |
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