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Associate Actuary – Life – Remote – 9741

Associate Actuary - Life - Remote - 9741

Published: January 19, 2023
Location
Remote, Any
Job Type
Category
Job ID
9741
Yrs Exp(min)
3+
Credentials
ASA
Salary (Mid)
$115,000
Bonus
10%
Recruiter
Matt Doman
Recruiter Phone Number
630-963-3033 Ext. 103

Description

Client seeking ASA for a valuation position on the Traditional Life Valuation Team. The person selected for this role will help drive the overall success of the valuation team and the company’s critical financial reporting obligations. This role will interact with other departments and individuals within the organization and play a key role interacting with Finance by analyzing key drivers of earnings. This position is responsible for performing Statutory, GAAP and Tax valuation of Traditional Life using the PolySystems software. These financial reporting responsibilities take up about 3 weeks each quarter. The remainder of time will be playing an essential role in maintaining valuation and business plan models, often validating model updates/changes.
Duties:

· Performing quarterly valuations and earnings variance analysis

· Providing guidance and review for calculation of Stat, Tax, and GAAP reserves

· Preparing and reviewing SOX controls

· Maintain and improve the valuation and business plan models

· Design, implement, and analyze impacts of model updates and improvements

· Improving processes related to valuation

· Coordinate with Pricing for reconciliation and implementation of new products

· Develop new reporting / analysis tools as necessary

· Work closely with other Valuation and Financial reporting teams
Qualifications:

· Bachelor’s degree

· Ideal candidate will be an ASA or FSA level actuary

· Experience as an actuary within the insurance industry

· Previous valuation experience preferred

· Excellent spreadsheet and technical skills

· Ability to learn new software

· Hard working

· Analytical and inquisitive

· Ability to work independently or on a team

· Excellent communication skills

· Traditional Life Insurance experience is preferred

· Experience using valuation and projection software. PolySystems software experience is a plus.

To apply please email: Matt Doman | 630-963-3033 Ext. 103
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