This east coast based company is seeking an experienced FSA to assume
responsibilities in the areas of Valuation, ALM, and actuarial analysis support for the
Middle East Region. Specific functions include the following: Support all aspects of
financial reporting for the Middle East Region, especially in regard to GAAP
Financial Statements, Actuarial Opinions, professional standards, and regulatory
compliance. Prepare, review, and analyze various actuarial items for territories in the
region; Review and recommend appropriate methodologies and assumptions for new
products and special product features. Oversee implementation; Perform
recoverability analysis.
Review and analyze expenses and revenue deferrals; Ensure the integrity of the
valuation process and results produced; Assist with the preparation of actuarial items
for territorial budgets in the region; Provide an actuarial resource to regional and
local offices; Develop and maintain actuarial models for financial projections,
profitability analysis, Asset & Liability analysis, and Economic Capital Analysis;
Make recommendations to improve financial reporting process for the region;
Monitor developments in regulatory requirements and changes in actuarial standards
and develop plans for implementation; Maintain process documentation as required
under Sarbanes-Oxley.
Ensure performance and documentation of controls
Candidates should have actuarial experience in the individual life and A&H areas.