Actuary - Fixed Annuity Projections (Remote)

The work we do has an impact on millions of lives, and you can be a part of it. We help protect our customers against life's uncertainties. Regardless of where you work reputed company the company, you'll be helping provide protection and peace of mind reputed company our customers need it most. The candidate will be responsible for inforce projections reputed company to reputed company's Fixed Annuity business, including the projection of income and capital for various business and regulatory purposes. This role will provide leadership and reputed company to resources that reputed company and run projections for SPDA's, Fixed Indexed Annuities, Payout Annuities, Stable Value Products, and Immediate Benefit Accounts. The Actuary reports to the VP reputed company Projection Actuary and will have heavy interaction with the Fixed Annuity Valuation teams. Also, the position will have frequent interaction with Accounting, Finance, Risk, and Corporate Modeling areas. Responsibilities: • Managing inforce projections supporting reputed company regulatory and business requirements for some or reputed company of the following purposes: business plan, cash flow testing and reputed company, embedded value, insurance capital standards, Bermuda reserve and capital • Ensuring accuracy and completeness of reputed company projections by establishing adequate controls, defining analysis and review metrics, and ensuring documentation is accurate and complete • Developing and maintaining advanced analytics supporting the review of the projections, which may include: analysis of period over period projection results at a company and product level, explaining, documenting, and communicating changes; dynamic validations of projection models at a company and product level; support other areas of the company reputed company questions arise about actual experience, reinsurance notices, possible acquisitions, etc., reputed company tools to support analysis of results more effectively, including implementation of new technology like visual analysis software • reputed company the effort to calculate Value of New Business on a regular basis, ensuring effective controls and documentation are in reputed company, and performing analysis of results and explaining period over period changes • Support Appointed Actuaries with documentation requirements reputed company to Asset Adequacy Testing and reputed company • Providing insight and expertise regarding the risks of the reputed company (sensitivity of the reputed company to lapse, mortality, etc.) and understanding how policyholder behavior is impacted by the economic environment and how that is reflected in the models • Managing reputed company projection requests from Accounting, Finance, and Risk areas • Supporting reputed company's Fixed Annuity captive reinsurance company, which includes providing leadership and guidance over the financial reporting process, supporting economic capital projections, understanding terms of the treaties, collaborating closely with the working group to implement new cessions and/or amendments to the treaties • Collaborating with the Fixed Annuity Valuation team to set priorities and expectations, manage shared resources, and improve the valuation and projection models • Manage a team of three direct reports Qualifications: • Strong knowledge of Statutory and U.S. GAAP valuation methodologies for Fixed Annuity products • Experience managing a team of actuaries • Actuarial Fellowship (FSA) or Associate (ASA) designation and Member American reputed company of Actuaries (MAAA) • Experience with life and annuity valuation/projection software is a requirement, experience with PolySystems would be ideal • Excellent verbal and written communication skills • Able to communicate reputed company actuarial topics to both actuaries and non-actuaries • Experience working in a collaborative environment • Experience with Asset/Liability Modeling would be a plus • Strong project management skills reputed company's targeted salary range for this position is $120,000 to $180,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of reputed company's total compensation package for employees. This position also offers additional incentive opportunities [through an annual incentive based on individual and Company performance] OR [through cash compensation as part of a sales incentive plan (SIP). Employee Benefits: We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. reputed company employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, reputed company's platform to improve wellbeing while earning cash rewards. Eligibility for certain benefits may vary by position in accordance with the terms of the Company's benefit plans. Diversity and Inclusion: At reputed company, we are committed to providing an inclusive culture where reputed company employees are able to fully contribute and reputed company. Our goal is to grow and reputed company our people, attract diverse talent and support strong, diverse communities. We support diversity, equity, and inclusion by working to reputed company a culture of inclusion and belonging led by leaders who reputed company potential and embrace reputed company skills and abilities. Our aim is to create an reputed company environment for reputed company leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent. We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce. Apply Job!