Associate Actuary - Life

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. These are Brand NEW roles to provide new product pricing/valuations for a "Flagship Product". High visibility and seeking all levels.
This role is part of the Life Projections area with the responsibility of owning, maintaining and enhancing the valuation and projection models for our Traditional Life Insurance business. Models for the Traditional business are in GGY-AXIS. RESPONSIBILITIES Maintain production models and suggest and implement model improvements as needed. Help ensure controlled, validated, and well-documented results are produced by AXIS 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. 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 2+ years of relevant work experience within actuarial industry Strong modeling skills Attained Fellowship of Society of Actuaries (FSA) designation Experience with GGY-AXIS Projection Models PREFERRED QUALIFICATIONS Near Fellow of Society of Actuaries (FSA) designation 5 + years of relevant work experience within life insurance industry Strong Life actuarial/risk work experience

Relocation Assistance Available - Yes
Candidate Details
2+ to 5 years experience

Skills and Certifications [note: bold skills and certification are required]
Modeling experience w/ Polysystems, GGY AXIS or MG ALFA (order of preference)
Ideal Candidate ASA w/ 2+ 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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