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Assistant Actuary, Non-Traditional Valuation

Kalos Consulting, Inc.

Assistant Actuary, Non-Traditional Valuation

St. Louis, MO
Full Time
Paid
  • Responsibilities

    Join an innovative leader in the reinsurance industry who values and appreciates employee contributions!

    CompanyHighlights

    • Since its establishment over 45 years ago, our client has become a leader in the global life reinsurance industry. They deliver expert solutions in individual life reinsurance, group reinsurance, financial solutions and more.
    • A Fortune 250 firm and recognized by the Asia Insurance Review as "Life Reinsurer of the Year".
    • Unique to the industry, this firm is run by Actuaries and employs over 750 Actuaries on staff.

    How the Company Appreciates You

    • Competitive compensation
    • Health and welfare insurance
    • Retirement benefits
    • Paid Time Off
    • Education Assistance
    • Employee Engagement Program
    • Actuarial Exam Program
    • Bonus opportunities and more

    The Role You Will Play

    • The Assistant Actuary, Non-Traditional Valuation is a strong contributor within a high performing group that performs financial reporting and analysis for a wide range of US and International products underlying the firm’s Non-Traditional reinsurance treaties.
    • This role will work with Life Products including Variable and Fixed annuities, Fixed Index Annuities, SPIAs, and Longevity Swaps.
    • In addition to US GAAP reporting and planning, the Assistant Actuary, Non-Traditional Valuation role includes production and analysis of other important metrics, including US Statutory reserves, Tax, Solvency II, ORSA, Cash Flow Testing, Economic Capital, and Embedded Value.
    • This role contributes to the enhancement of the financial models and infrastructure by developing and maintaining actuarial assumptions, methods, models and processes used within the valuation team.

    Community Highlights

    • This opportunity is based in Saint Louis, Missouri, at the company’s corporate office – an exceptional office space with state-of-the-art fitness center and a variety of options for dining.
    • Saint Louis offers a culture of innovation and excellence paired with historic and iconic city sights.
    • With an affordable cost of living, Saint Louis is a great place to live.

    Background Profile

    • 3+ years actuarial experience in life insurance/reinsurance valuation and/or financial reporting (GAAP, Statutory, and Tax)
    • Expertise in Prophet with experience using the ALS library, at least 1 Liability library and preferred expertise in at least one of the summary or GAAP cohort libraries.
    • Advanced PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software (MoSes, Prophet, TAS, AXIS, or equivalent).
    • ASA accreditation
    • Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics, or related field