Modeling Actuary - International

Position: Modeling Actuary - International

Company: Reinsurance Organization

Location: North Carolina

Job ID: 17179



RESPONSIBILITIES:

- Implement the International Actuarial Modeling function, and ensure that required valuations of International Reinsurance business are performed in a timely, accurate and transparent manner.
- These required valuations include Embedded Value, Value of New Business, Economic Capital and the annual budget process for entities that underwrite International Reinsurance business.
- Effectively communicate all modeling, valuation results and financial impacts.
- From time to time, represent International Reinsurance interests with respect to emerging actuarial modeling issues.
- Ensure potential changes in actuarial modeling valuation requirements are communicated to key business unit and financial staff.
- Consult with business unit leaders and CFOs regarding the impacts of these valuation changes on reinsurance products and services and related strategies for responding to these changes.
- Monitor and maintain a complete set of all actuarial assumptions and methodologies used in pricing and valuation processes. Effectively document and communicate to management.
- Maintain an effective control environment for actuarial modeling.
- Strong collaboration and engagement with the Regional CFOs, pricing actuaries and experience analysis unit will be essential to assure appropriate controls are in place.
- Achieve continual improvement of valuation processes by a combination of continuing education and professional growth.
- Perform other duties as required for the position.


QUALIFICATIONS:

- Bachelors degree in Mathematics / Finance.
- FSA, FCIA or equivalent.
- 10 or more years in an actuarial or financial role.
- Minimum of 5 years of actuarial modeling experience.
- Be able to gain, through past successes in quality organizations, immediate credibility as a capable actuarial professional.
- Be willing to take charge, effectively and persuasively communicate to both technical and business audiences.
- Ability to analyze and interpret the most complex actuarial modeling processes and results, and to effectively interpret the financial and business impacts of those results.
- Work effectively across organizational, country and language boundaries and develop strong working relationships with associates in both regions and North Carolina.
- Professional with sound technical actuarial skills, understanding of valuation processes, analytical ability, good judgment and strong operational focus.
- Well-organized and self-directed individual who is able to lead by example as a team player.
- Decisive individual who is well versed in systems and actuarial modeling software.
- Enjoys working in an environment of change and challenge.
- Ability to apply practicality and common sense to an extremely complex financial function.

Agency/Employer: Jobs4Actuary.com
Town or City: North Carolina, US (Abroad)
Sector: Insurance
Related Job Titles: Not stated
Permanent/Contract: Permanent, Full time
Experience: 10 years
Date: More than 60 days
Salary: Not specified

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