|
| |  Posted 3/18/2010 12:42:23 PM | |
| Supreme Being
Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95 |
| Position: Actuarial International Modeling Actuary
Company:Insurance Organization
Location: North Carolina
Job ID: 19250
RESPONSIBILITIES:
- This person will possess a combination of excellent technical (actuarial) skills, detailed knowledge of insurance and reinsurance products and financial statements, and an ability to clearly communicate complex modeling.
- He/She will have the personality traits that allow him/her to interact easily within the corporate structure and effectively interact with regional CFOs and other members of the International CFO and Business departments.
- This person will also function as an advisor to the International Chief Actuary and the International CFO, and will have input into the broader operations of the organization.
- Implement the International Actuarial Modeling function, and ensure that required valuations of International Reinsurance business are performed in a timely, accurate and transparent manner. - These required valuations include Embedded Value, Value of New Business, Economic Capital and the annual budget process for entities that underwrite International Reinsurance business.
- Effectively communicate all modeling, valuation results and financial impacts.
- From time to time, represent International Reinsurance interests with respect to emerging actuarial modeling issues.
- Ensure (potential) changes in actuarial modeling valuation requirements are communicated to key business unit and financial staff.
- Consult with business unit leaders and CFOs regarding the impacts of these valuation changes on reinsurance products and services and related strategies for responding to these changes.
- Monitor and maintain a complete set of all actuarial assumptions and methodologies used in pricing and valuation processes.
- Effectively document and communicate to management.
- Maintain an effective control environment for actuarial modeling. Strong collaboration and engagement with the Regional CFO's, pricing actuaries and experience analysis unit will be essential to assure appropriate controls are in place.
- Achieve continual improvement of valuation processes by a combination of continuing education and professional growth.
- Perform other duties as required for the position.
QUALIFICATIONS:
- Bachelors degree in Mathematics / Finance.
- FSA, FCIA or equivalent.
- 5 or more years in an actuarial or financial role.
- Minimum of 3 years of actuarial modeling experience.
- Experience with Prophet or similar Modeling Software required domestic or International experience will be considered.
- Actuarial experience in order to develop depth of understanding of group insurance pricing models a plus.
Online Application available at www.jobs4actuary.com
For further information, email info@nasearchg.com and mention Position #19250, or contact any of our recruiters at (905)-477-2962. |
| |
|
|