Now Hiring!: Senior Actuary - Pricing Location: Miami, FL Salary: Depending on experience Benefits & Perks: A-CAP works hard to create a positive and supportive environment. That's why we offer great benefits to safeguard the health and well-being of our employees.
Generous PTO
13 Paid Holidays
Paid Parental Leave
401k with employer contribution (100% match up to 3%, then 50% match up to 5%)
Health, dental, and vision insurance
HSA with employer contribution
Company paid life insurance for employees and families
Company paid short-term and long-term disability insurance
Working with high-performing professionals like yourself!
Job Summary:
A-CAP has an immediate opening for a self-motivated, resourceful, and well-organized candidate to join the Miami, FL team as a Senior Actuary with an initial focus on annuity pricing and product development. This opening will have direct exposure to each of the group’s insurance operating companies as well as close interaction with the company’s management team. The individual will have the opportunity to participate in all aspects of the company’s actuarial function and will work closely with leadership from the finance and insurance teams. This role offers scope for tremendous growth as A-CAP continues to grow and expand its business. This is a rare opportunity for an actuary to contribute to both new business and in-force functions within a high-growth insurance organization.
What You'll Do:
Manage all annuity product pricing and development exercises.
Advise on modeling techniques (using GGY AXIS) and pricing metrics to drive annuity product decision-making.
Support subsidiary insurance companies’ core actuarial functions (valuation, cashflow testing, pro-forma/business planning, etc.) with opportunities to rotate through various actuarial functions on a short-term basis. Contribute to model enhancements and pricing exercises for the company’s pre-need and final expense life insurance products.
Opportunity to work on high-profile projects with senior decision-makers that directly drive company growth; the role will have direct exposure to the Director of Actuarial Services, the Director of Risk Management & Analytics, the Head of Life and Annuities, and the Chief Financial Officer.
Work closely with marketing/sales, accounting, and IT/systems administration teams as well as other key stakeholders.
What You'll Need:
Bachelor’s degree in finance, accounting, economics, actuarial science, or related field with 5+ years of actuarial experience.
Expert proficiency with MS Office Suite and GGY AXIS required.
ASA/FSA designation (Life/Annuity Track preferred).
Experience with annuity products and relevant actuarial work (pricing, valuation, etc.).
Strong organizational skills and ability to communicate complex concepts in a professional and concise manner, both verbally and written.
Comfort with a steep learning curve and motivation to work in an opportunity-rich, dynamic environment.
Experience with reinsurance, particularly for fixed annuity products.
Experience with pre-need and/or final expense life insurance products.
US Statutory and/or GAAP financial reporting experience.
Tech-savviness.
Who we are: http://www.acap.com/
A-CAP is a rapidly growing organization that owns and operates multiple insurance companies and ancillary insurance businesses with over $9 billion of gross insurance reserves and over $5 billion of AUM. A-CAP’s direct insurance carriers, Sentinel Security Life Insurance Company and Atlantic Coast Life Insurance Company, together originate over $2 billion of new fixed and fixed indexed annuity premium annually. This opening is with the holding company, which provides strategic and operational support to A-CAP’s portfolio companies/subsidiaries, proactively formulates new investment strategies, manages all accounting and actuarial operations, and provides modeling support for insurer liabilities and capital.
EEO Statement:
A-CAP is an Equal Opportunity Employer. A-CAP does not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided based on qualifications, merit, and business need.
Disclaimer:
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
A-CAP participates in the federal government’s E-Verify program, which confirms employment authorization of all newly hired employees and most existing employees through an electronic database maintained by the Social Security Administration and Department of Homeland Security. For all new hires, the E-Verify process is completed in conjunction with the Form I-9 Employment Eligibility Verification on or before the first day of work. E-Verify is not used as a tool to pre-screen candidates. For up-to-date information on E-Verify, go to www.uscis.gov and click on 'E-Verify' located near the bottom of the page.