Director - Actuary (Life Modeling)

Location: Richmond, VA, United States
Date Posted: 03-24-2016
Client is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Headquartered in Richmond, VA. Brand New Role within a NEW product line - "Flagship Product" - high visibility RESPONSIBILITIES Maintain production models and suggest and implement model improvements as needed. Help ensure controlled, validated, and well-documented results are produced by models for every production cycle. Interact with Modeling Software representatives for normal model maintenance, to certify models are up-to-date, and to develop plans for model improvement projects. Review Production Projection runs produced out of AXIS by production modelers and ensure life business projections – including Cash Flow Testing, Business Planning, and Goodwill testing – are run using the correct model and assumption setup. Implement model changes as needed to reflect new or modified reinsurance agreements, revised assumptions, or enhancements of methodology Final responsibility for the model, including ensuring that the production models are always thoroughly documented and reproducible. BASIC QUALIFICATIONS BA/BS Degree in actuarial sciences, mathematics, statistics and/or related major 6+ years of relevant work experience within actuarial industry Strong modeling skills Attained Fellow of Society of Actuaries (FSA) designation Experience with actuarial projections models Solid understanding of US GAAP and Stat accounting principles for UL and traditional life PREFERRED QUALIFICATIONS Strong Life actuarial/risk work experience Experience with Polysystems, GGY-AXIS, or MG-ALFA Experience modeling financial reinsurance

Relocation Assistance Available - Yes - Includes Buy Out.
Candidate Details
5+ to 7 years experience

Skills and Certifications
Modeling experience w/ Polysystems, GGY AXIS or MG ALFA (order of preference)

Ideal Candidate FSA w/ 5+ years of experience in modeling a long-tailed Life product in either Polysystems, AXIS or ALFA.
Contact information:
Max Populi, LLC
4628 Bayard Street, #207
Pittsburgh, PA 15213-2750
Tel: (412) 567-5279
Fax: (412) 567-5198
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