AVP & Actuary, Life Inforce

SUMMARY

This role is an integral part of the Life Inforce Department, with responsibility for identifying, analyzing, and executing inforce actions on the Universal Life and Term products.

RESPONSIBILITIES

•Chair the Life Interest Rate Committee; own crediting rate strategy and analysis

•Lead development of Inforce reviews

•Collaborate with people throughout the organization to identify potential inforce actions

•Analyze impact of actions by projecting financials in AXIS and Polysystems

•Analyze experience study results and recommend assumptions to use in inforce projections

•Develop a deep understanding of Life inforce financials and drivers of profitability

•Proactively identify, manage, and implement process improvements;

•Assist in regulatory filings as necessary

•Monitor industry regulatory developments

•Support corporate initiatives   

BASIC QUALIFICATIONS

•Fellow of the Society of Actuaries or ASA with commensurate experience

•7+ years actuarial experience

•BA/BS Degree in Actuarial Science, Mathematics, Statistics or related major

•Knowledgeable in GAAP, Statutory and Tax financial reporting requirements

•Proficient in actuarial systems such as AXIS or MG-ALFA

•Advanced use of Excel

•Demonstrated leadership ability; team player

•Excellent written and oral communication skills

•Ability to manage concurrent deadlines and multiple priorities in an organized manner

•Detail and hands-on oriented, with strong problem solving and analytical skills

PREFERRED QUALIFICATIONS

•10+ years actuarial experience

•Prior life insurance experience

•Proficient in GAAP, Statutory and Tax financial reporting requirements for term and universal life insurance

•Experience presenting results to senior management

•Excellent project management skills

Base Salary - $140,000 to $185,000

Benefits - Full

Relocation Assistance Available - Yes

Bonus Eligible - Yes

Interview Travel Reimbursed - Yes

10+ to 15 years experience

Minimum Education - Bachelor's Degree

Willingness to Travel - Occasionally

Location: VA