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Job:
# 4044 |
Life Actuary |
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Senior
Area |
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Embedded Value Staff Actuary |
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Region:
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West |
State: |
WA |
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Experience: |
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Credentials: |
FSA |
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Salary: |
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$130,000 |
Max: $ |
Bonus: |
25% |
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Description:
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Life Insurer on the West Coast has a need for an Embedded Value Actuary. The position will entail support for quarterly Embedded Value (EV) reporting. The Actuary will work in the EV Unit to calculate EV results for all major lines of business including life and annuities. The incumbent will work with the Modeling and Analytics Unit and other areas to gather data to support EV calculations. The specific duties of the position will include: completing spreadsheets and other programs to calculate and consolidate EV values for base results (including non-modeled business) and sensitivities, understanding deterministic and stochastic interest rate scenarios to ensure they are applied appropriately, reviewing and understanding base and sensitivity EV results for all products and in total, working with the Modeling and Analytics Unit to ensure quality/consistent results by: (Peer reviewing model assumption recommendations, coordinating process change requirements, coordinating reporting/development requirements), delivering Risk Based Capital, Swiss Solvency Test, Risk Based Return Measures, and Fusion (liability cash flow) results, delivering EV Plan results, communicating and effectively explaining and discussing results with internal management, and external auditors and other affiliates, working with affiliates as needed to develop best practices, and developing and implementing new processes to address new requirements as they arise.
Candidates should have life insurance experience, proven success at working independently on projects and strong oral and written communication skills.
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