Financial Modeling Actuary - Latin America and Caribbean

Position: Financial Modeling Actuary - Latin America and Caribbean

Company: Insurance Organization

Location: Delaware

Job ID: 18285



RESPONSIBILITIES

- This position will provide financial modeling oversight for the Middle East, Africa, and South Asia region, including management of the following support functions:
- Develop and maintain liability and asset models, including updates for new products and current projection assumptions.
- Implement model controls in accordance with Corporate Actuarial guidelines for financial reporting and modeling controls.
- Support the conversion to the selected single actuarial system, by country, for valuation and projection purposes.
- Perform U.S. Statutory asset adequacy analysis and prepare Actuarial Memoranda supporting the Chief Actuary’s Actuarial Opinion.
- Perform GAAP loss recognition tests and provide support on new issue recoverability tests.
- Provide financial modeling support that may be required for local statutory reserve requirements and capital adequacy tests, including Solvency II and UK Global ICA.
- Develop Statutory and GAAP income projections, including projections of capital requirements.
- Work with Region Head Actuary on developing dynamic assumptions for policyholder behavior (i.e., withdrawals and premium persistency) and crediting strategies (dividends, bonuses, and excess interest)
- Provide technical support in the review and evaluation of dividend/bonus recommendations, investment strategies, and new product guarantees.
- This position is located in Delaware. Relocation will be considered on a case by case basis.


QUALIFICATIONS:

- Fellow of the Society of Actuaries, with minimum of 5 years actuarial experience in the individual life and A&H areas.
- Strong background in asset/liability modeling and financial projections. Experience in GAAP/Stat financial reporting is helpful.
- Familiarity with actuarial projection systems.
- Strong analytical skills necessary to analyze data and present findings in a coherent manner to senior actuarial management as needed.
- Preferably with supervisory experience.
- Very good oral and written communication skills.

For more information, please visit http://www.jobs4actuary.com/

Agency/Employer: Jobs4Actuary.com
Town or City: Delaware- US (Abroad)
Sector: Banking and Finance,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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