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Job:
# 3947 |
Life Actuary |
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Senior
Area |
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International Financial Modeling Actuary |
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Region:
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North East |
State: |
DE |
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Experience: |
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Credentials: |
FSA |
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Salary: |
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$ |
Max: $120,000 |
Bonus: |
Yes |
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Description:
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East Coast Insurer has a need for an International Financial Modeling Actuary. This position will provide financial modeling oversight for the Middle East, Africa, and South Asia region. The incumbent will be involved with asset modeling which includes: providing updates for new products and current projection assumptions, implementing model 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 prepare 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 and crediting strategies. The position will also entail providing technical support in the review and evaluation of dividend/bonus recommendations, investment strategies and new product guarantees.
Candidates should have a minimum of 8 years 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. Familiarity with actuarial projection systems and strong analytical skills are necessary for the role.
Supervisory experience is ideal for this role.
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