Product Modeling Actuary

Position: Product Modeling Actuary

Company: Insurance Organization

Location: Delaware

Job ID: 18881



RESPONSIBILITIES:

- Enhance actuarial software modeling capabilities with the Product Actuarial department.
- Develop modules within the framework of an actuarial software package with the capabilities to develop pro-forma projections of:
- Distributable earnings based on local statutory requirements and company’s target capital and metrics derived from distributable earnings.
- US GAAP earnings, equity and associated metrics, including for products requiring fair value calculations.
- Other accounting models as they become effective.
- Support the training of pricing actuaries at the local and regional centers in the use of actuarial projection software for product development purposes.
- Provide technical support for pricing actuaries at the local and regional centers
- Provide home office technical support for the analysis of proposed business initiatives including the development of software capable of producing pro-forma projections as stated above, sufficient for home office decision making.
- Some international travel may be required.


QUALIFICATIONS:

- 5 years of experience in a life insurance environment with actuarial modeling responsibilities.
- Experience in the use of projection software is required.
- FSA preferred strong career ASA or equivalent may be considered.
- Prophet, Moses and/or MF-ALFA experience preferred.
- Understanding of US GAAP requirements strongly preferred.
- Ability to understand alternative accounting models and customize actuarial software to accommodate numerous different accounting regimes and a wide array of products with features rarely offered in the US.
- Exposure to individual life, health, and accumulation products.

For more information, please visit http://www.nasearchg.com/.

Agency/Employer: North American Search Group
Town or City: Delaware- US (Abroad)
Sector: Insurance
Related Job Titles: Not stated
Permanent/Contract: Permanent, Full time
Experience: 5 years
Date: More than 60 days
Salary: Not specified

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