Insurance company in the Midatlantic US region has a need for a Senior Reinsurance and Inforce Management Actuary. This role is responsible for the design, review, analysis, and implementation of traditional reinsurance for new and in force business. The incumbent will be a subject matter expert on how reinsurance is used across the company's product portfolio and will review and recommend the use of new of alternative strategies that fit within the company's risk appetite. Additionally, this position will proactively manage the inforce business within established risk and profit objectives while continuing to honor contractual policyholders commitments.

Responsibilities:
Maintain existing traditional reinsurance programs and develop new ones as needed
Maintain a good working relationship with reinsurance partners
Identify risk of rate changes on existing treaties and manage responses to proposed changes
Assess options including ability to recapture or cede to other reinsurers and recommend action to Pricing Commitee
Maintain Reinsurance Performance Monitor
Negotiate new reinsurance treaties or amendments to existing treaties
Assist the Reinsurance Admin dept. to facilitiate compliance with terms of existing treaties
Support profit and risk objectives of the company by proposing and implementing optimal retention levels based on periodic evaluations of mortality, risk profile and capital requirements
Analyze new reinsurance solutions and assess the impact of capital and surplus position
Oversee adherence to reinsurance policy consistent with Group policy and guidance
Analyze the risk mitigation effectiveness of in force reinsurance arrangements
Oversee implementation of reinsurance treaties for new products
Management of in force blocks of term, universal life, whole life and annuity business
Review new state and federal regulations pertaining to inforce business
Develop and maintain advanced actuarial projection models as needed
Perform analysis of changes to actuarial assumptions with respect to in force management strategies

Qualifications:
FSA
10 years of life insurance/actuarial experience
Term and Universal Life experience required
Expertise in Term and Universal Life insurance