This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.

Role Description

The AVP, Actuarial Models is responsible for overseeing and directing the Actuarial Models team, using primarily the Moody’s AXIS actuarial modeling software. Responsibilities include:

• Overseeing development, peer review of development and integration of coding changes to the corporate model.
• Implementing changes for new product implementation, enhanced product features, new regulatory requirements, and new lines of business.
• Supporting strategic initiatives including reinsurance.

This position reports to the VP, Actuarial Models and will interact with multiple levels of senior management, including:

• VPs of Actuarial, Finance, IT, and Risk.
• SVPs of Finance, Financial Planning & Analysis (FP&A), Retail and Institutional Business Units.
• The Chief Actuary and Chief Risk Officer.

This is a leadership position and will manage a team of 8-10 actuaries and technicians, including responsibility for:

• Selection, training, and development in conjunction with the Chief Actuary and Human Resources’ overall training and staff development plan for all actuaries.

Qualifications

• Bachelors Degree in Actuarial Science, Math, Finance, Statistics or other related area.
• Minimum ASA; FSA preferred.
• Seven to ten years of experience with actuarial models required.
• 4+ years experience leading a team.
• 1+ years experience in formal controls and working with auditors is preferred.

Requirements

• Highly motivated, self-starter & team player with a high energy level and willingness to take on responsibility.
• Strong working knowledge of actuarial modeling systems; AXIS experience preferred.
• Excellent team-building skills, with the ability to recruit, retain, coach, delegate and mentor top-quality staff.
• Highly organized and disciplined enforcer of model governance protocols.
• Strong understanding of actuarial projections and interactions between various product features and actuarial calculation results.
• Able to work and effectively communicate with employees at all levels and from various areas within the Company.
• Open and direct communicator who provides clear direction with a results-oriented style.
• Unconditional integrity and commitment to delivering accurate information on schedule with committed dates of delivery.
• Able to fully assess deliverable requirements against allocated resources setting priorities and calling on additional resources as required.
• Ability to participate in establishing goals, structures, and processes necessary to implement a mission and strategic vision.
• Strong problem-solving skills that include advanced analytical and reasoning abilities, and ability to juggle multiple priorities simultaneously.
• Support effective partnerships with key groups and individuals while possessing superior consultation and change management skills.

Benefits

• Flexible work environment: in-office, hybrid, and remote work arrangements.
• Compliance with federal and state disability laws and reasonable accommodations for applicants and candidates with disabilities.