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Director & Actuary – Annuity Statutory Modeling – 9743

Director & Actuary - Annuity Statutory Modeling - 9743

Published: January 19, 2023
Location
Kansas City, KS
Job Type
Category
Job ID
9743
Yrs Exp(min)
12+
Credentials
FSA
Salary (Mid)
$170,000
Bonus
25%
Recruiter
Tony Biondo
Recruiter Phone Number
630-963-3033 Ext. 113

Description

General Accountabilities:
The Actuary is responsible for overall PBR valuation and asset adequacy analysis for annuity products in support of fulfilling the strategic objectives for the Valuation Actuarial Department The Actuary manages the financial success of life, annuity and retirement products by performing valuation, statutory modeling, attribution analysis, and analyzing in-force business. Candidates must possess strong leadership, financial and analytical skills and be able to successfully work with various Departments, senior leadership, and outside consultants to manage a variety of actuarial initiatives.

Duties and Responsibilities:
Manage a team of actuaries and students
Manage statutory modeling of in-force FIA, fixed annuity and variable annuity products
Manage PBR reserve calculation and asset adequacy testing process for the above products
Manage other projects as assigned

Qualifications:
Bachelor’s degree with major or minor in Actuarial Science or Mathematics
Fellow of Society of Actuaries
Twelve years of actuarial experience
Management of statutory modeling and PBR valuation experience
Life and Annuity modeling and valuation expertise
Experience with managing actuarial modeling software such as Prophet
Strong computer skills including Excel and actuarial software
Good written and verbal communication skills
Strong problem solving, analytical and decision-making skills
Strong initiative and ability to work both independently and in collaboration with others within and outside the Company

To apply please email: Tony Biondo | 630-963-3033 Ext. 113
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