Associate Actuary, Corporate Risk Management (Life)

Admin — Thu, 24 Jul 2008 13:55:05 GMT

Position: Associate Actuary, Corporate Risk Management

Company: Reinsurer

Location: Missouri

Job ID: 14775

RESPONSIBILITIES:

-. Identify, assess, mitigate and monitor risks across the company in partnership the company’s Risk Management Steering Committee and numerous other enterprise-wide risk experts.
- Perform updates and on going enhancements to internal economic capital framework.
- Promote, train and educate Economic Capital framework across company.
- Maintain and continually enhance Enterprise Risk Management framework consisting of risk identification, assessment, mitigation and monitoring at an enterprise-wide level.
- Participate and provide leadership in Risk Management Steering Committee and other risk oriented teams.
- Interact with individuals in business and corporate functions to better understand and manage specific risks.
- Perform research and analysis to support major enhancements to existing Economic Capital framework including methodology and adverse scenario development.
- Liaise with Corporate Modeling for in force Economic Capital and EV calculations, and pricing teams for new business opportunities.
- Partner with Finance to assess capital needs and usage across enterprise, including analysis of rating agency capital models. Assist in analysis and reporting of returns on capital.

QUALIFICATIONS:

- Bachelors degree in Finance or Accounting, or a related equivalent experience
- FSA accreditation
- 6+ years broad financial services experience
- Intermediate PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software.
- Advanced understanding of finance, capital and risk management concepts
- Competent knowledge of accounting concepts
- Advanced knowledge of life, health and annuity products

Preferred Qualifications
- MBA, CERA, CFA and/or FMLI
- 10+ years life insurance experience
- Enterprise Risk Management experience
- Reinsurance experience
- International experience
- Economic capital experience
- Advanced understanding of regulatory capital requirements (Solvency II, US PBA, etc.) of rating agency capital models
- Basic product and market knowledge in key markets (U.S., Canada, UK, Australia, Korea, Japan, etc.)
- Competent statistical analysis and research skills
- Advanced PC and technical skills, including database application (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software (AXIS, TAS, Moses, etc.)

Online Application available at www.jobs4actuary.com

For further information, email info@nasearchg.com and mention Position #14775, or contact any of our recruiters at (905)-477-2962.

ActuaryForum.com / Actuarial Corner / Actuary Classifieds / Associate Actuary, Corporate Risk Management (Life) / Latest Posts

Associate Actuary, Corporate Risk Management (Life)