Corporate Actuary - LIFE - 9752
Description
Client seeking an FSA level Actuary to lead M&A modeling efforts on the Corporate Actuarial Team. The person selected for this role will help drive the overall success of the Corporate Actuarial Team and the company’s M&A model development. This highly visible role will interact with other departments and individuals within the organization and develop, maintain, and improve the acquisition model. This position is responsible for developing Statutory, GAAP and Tax projections on various blocks of business by modifying output from actuarial software. These acquisition opportunities are not predictable in their timing. The remainder of your time will be playing an essential role in other corporate actuarial initiatives. There is potential for management opportunities depending on level of experience and previous management background.
Responsibilities:
· Model various M&A opportunities on a stat, tax and GAAP basis and present results to management
· Maintain and improve the acquisition template model that is the starting point for various opportunities
· Improve processes related to M&A diligence and modeling
· Collaborate with key business areas such as corporate development, finance, tax, risk management, experience studies, corporate modeling, and product development
· Provide guidance and review for model modifications made by actuarial students
· Develop new reporting / analysis tools as necessary
· Develop tools to help analyze key diligence issues on deals
· Create models to identify opportunities to improve in force earnings
· Evaluate potential new lines of business
Qualifications:
· Bachelor’s degree
· Ideal candidate will be an FSA level actuary with 8+ years of experience in the life insurance industry
· Excellent excel spreadsheet and technical skills with financial modeling experience
· Previous M&A or reinsurance experience preferred
· Ability to communicate complex concepts to a variety of stakeholders
· Hard working and dedicated
· Analytical and inquisitive
· Ability to work independently or on a team
· Driven self-starter
· Previous staff management experience a plus
· Understanding of common actuarial systems (ALFA, Poly, Prophet) a plus