East Coast Insurer has a need for an International Financial Modeling Actuary. This position will provide financial modeling oversight for the Central and Eastern Europe regions, including management of the following support functions; developing and maintaining liability and asset models, including updates for new products and current projection assumptions; implementing model controls in accordance with Corporate Actuarial guidelines for financial reporting and modeling controls; supporting the conversion to the selected single actuarial system, by country, for valuation and projection purposes; performing U.S. Statutory asset adequacy analysis and preparing Actuarial Memoranda supporting the Chief Actuary´s Actuarial Opinion; performing GAAP recognition tests and providing support on new issue recoverability tests; providing financial modeling support that may be required for local statutory reserve requirements and capital adequacy tests, including Solvency II and UK Global ICA; developing Statutory and GAAP income projections, including projections of capital requirements; working 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); providing technical support in the review and evaluation of dividend/bonus recommendations, investment strategies, and new product guarantees.

Candidates should have actuarial experience in the individual life and A&H areas a strong background in asset/liability modeling and financial projections. Experience in GAAP/Stat financial reporting is helpful as well as familiarity with actuarial projection systems.

Strong analytical skills are necessary to analyze data and present findings in a coherent manner to senior actuarial management as needed.