Director and Actuary-Life-8928
Insurer in the Midwest has a need for a Senior Level Director and Actuary within the Modeling department for Individual Life & Annuity and Retirement Plans products. This position will be responsible for ensuring quality application of the Corporate Actuarial models. The incumbent will have responsibility for establishing sound project initiatives and analysis of model results in order to support business needs. This role will manage actuarial model applications in order to assist senior management in strategic decision making and financial reporting. The position regularly works with Corporate Actuarial, line of business actuarial areas, ERM as well as senior management, product management, regulators, rating agencies, and auditors.
5+ years of actuarial modeling experience, with Prophet software
10+ years of actuarial experience
Knowledge of standards and best practices within the context of Model Audit Rule, Sarbanes-Oxley, and/or IT processes
Advanced knowledge of insurance products and concepts, actuarial theory and techniques, and regulation of the insurance industry
Extensive knowledge of insurance company investments, individual life, annuity, disability income and/or retirement plans products preferred, including fixed, variable and equity indexed products