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Job Details

AVP - Actuary Financial Reporting - PBR Valuation

Salary
US$140000 - US$165000 per annu

Location
Owings Mills, MD, United States

Posted on
May 03, 2023

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Profile

u003cpu003eu003cstrongu003eAVP, Actuary Financial Reportingu003c/strongu003eu003c/pu003eu003cpu003eFull Time Managementu003c/pu003eu003cpu003e u003c/pu003eu003cpu003eu003cstrongu003eSUMMARY:u003c/strongu003eu003c/pu003eu003cpu003e u003c/pu003eu003cpu003eTo lead the actuarial STAT and TAX reporting effort for a variety of purposes/audiences, including internal management, the board of directors, state insurance departments, rating agencies, etc. In addition, to provide a wide variety of actuarial services, both routine and project based, that rely on complex actuarial techniques and perspectives, including the evaluation of various product lines.u003c/pu003eu003cpu003e u003c/pu003eu003cpu003eu003cstrongu003eESSENTIAL DUTIES AND RESPONSIBILITIESu003cspan style=text-decoration: underline;\u003e:u003c/spanu003eu003c/strongu003eu003c/pu003eu003cpu003e u003c/pu003eu003culu003eu003cliu003eSupervise the data collection, organization, and reporting of actuarial results for financial statement purposes and lead the verification of the STAT and TAX results; Provide quarterly and year end results to the Accounting Department within pre-determined deadlinesu003c/liu003eu003c/ulu003eu003culu003eu003cliu003eLead the actuarial effort in the Insurance Department and other audits, coordinating efforts to address examiners'/auditors' concerns as neededu003c/liu003eu003c/ulu003eu003culu003eu003cliu003eLead the actuarial effort in the development, verification, and analysis of mortality and lapse experience studiesu003c/liu003eu003c/ulu003eu003culu003eu003cliu003eManage and maintain in force projection modelsu003c/liu003eu003c/ulu003eu003culu003eu003cliu003eSupport a variety of special projects with actuarial focus. Provide projections for various purposes; Cash Flow Testing, business planning, ad hoc analysisu003c/liu003eu003c/ulu003eu003culu003eu003cliu003eManage staff to ensure productivity, timely deliverables, and policy complianceu003c/liu003eu003c/ulu003eu003cpu003eu003cstrongu003e u003c/strongu003eu003c/pu003eu003cpu003e u003c/pu003eu003cpu003eu003cstrongu003eEDUCATION and EXPERIENCE: u003c/strongu003eu003c/pu003eu003cpu003eu003cstrongu003e u003c/strongu003eu003c/pu003eu003culu003eu003cliu003eTen or more years in the life insurance industry, with broad perspective of a variety of financial aspects of a life company. u003c/liu003eu003cliu003eExtensive work with and understanding of valuation, forecasting, and product profitability tools and analyses required. u003c/liu003eu003cliu003eBachelor's degree in mathematically oriented majoru003c/liu003eu003cliu003eS.A., M.A.A.A. requiredu003c/liu003eu003c/ulu003eu003cpu003e u003c/pu003eu003cpu003eu003cstrongu003eSKILLS AND KNOWLEDGE: u003c/strongu003eu003c/pu003eu003cpu003eu003cstrongu003e u003c/strongu003eu003c/pu003eu003culu003eu003cliu003eExposure to a variety of life, annuity, and health productsu003c/liu003eu003cliu003eDeep understanding of US Stat reserving frameworku003c/liu003eu003cliu003eAbility to perform hands-on work in actuarial valuation and modeling softwareu003c/liu003eu003c/ulu003eu003cpu003e u003c/pu003eu003cpu003eu003cstrongu003eCOMPETENCIES:u003c/strongu003eu003c/pu003eu003cpu003eu003cstrongu003e u003c/strongu003eu003c/pu003eu003culu003eu003cliu003eDrive - Displays motivation, is proactive and resourceful in daily work. Persists to complete responsibilities, even in the face of difficulties, is optimistic and tenacious throughoutu003c/liu003eu003cliu003eCollaboration - Delegates with appropriate controls; subordinates know expectations and receive regular feedback. Anticipates and takes steps to prevent counter-productive confrontations. Manages and resolves conflicts and disagreements in a constructive manneru003c/liu003eu003cliu003eAdaptable - Builds commitment by using different influencing strategies based on individual's motivation. Rewards and recognizes employees who support team objectivesu003c/liu003eu003cliu003eResponsible - Develops the ability of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methodsu003c/liu003eu003cliu003eExecution - Encourages motivating, positive, and professional behavior through own actions. Understands and provides support and resources to help team members resolve problems and conflict in a positive and constructive manner. Performs the annual review process and manages performance issues in a timely and effective manner. Builds, communicates and monitors team's development plans effectively.u003c/liu003eu003c/ulu003eu003c/pu003eu003cimg src=****/u003e,identifier:{@type:PropertyValue,name:Oliver James,value:JOB-052023-207790_1683124970},datePosted:2023-05-03T14:42:51.730Z,validThrough:2023-06-02T23:59:59.999Z,employmentType:[],hiringOrganization:{@type:Organization,name:Oliver James,sameAs:****Mills,addressRegion:Maryland,postalCode:null,addressCountry:US}}}

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