Assistant Actuary - Life/Risk - 9928
Client looking for an actuary to support our capital management function. This includes regulatory and rating agency requirements. The department if charged with reporting capital internally to our parent and to external partners. Also, you will own, develop and perform analysis on time-specific projection models and consult on our internal growth plans that impact capital. This requires collaboration with our asset management team, and reinsurance, financial reporting and many others. This high visibility role will be an important partner in major company projects.
Manage projects, analyze results and provide options and recommendations including:
New product pricing models
Product management tools and studies
Business and related forecasts
Implement new valuation methods
Perform actuarial research supporting: Product pricing and development; Hedging and risk mitigation methods; valuations and insurance regulations
Prepare financial reports and analysis, actuarial memos and responses to support:
New product research filings and rollouts
Requests from external auditors, state regulators and rating agencies
Parent company requests and requirements
Perform experience studies and help develop pricing, projection or valuation assumptions
May manage other entry-level actuaries. Training and direction of other entry-level actuaries
2 - 8 years of experience.
Must be working toward ASA or have obtained ASA working toward FSA.
Requirement: Located in Minneapolis or open to relocating.
Strong preference toward individuals who have had Capital Management experience.
Strong preference toward individuals who have pricing and model development experience.