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Assistant Actuary, Plan Modeling

PWW Recruiting, LLC.

Assistant Actuary, Plan Modeling

Frederick, MD
Paid
  • Responsibilities

    Responsibilities:

    1. Supports the creation and maintenance of the AXIS PRT corporate models for planning and forecasting. Ensures implementation of models for LGRA with satisfactory standards and timeframes.
    2. Identifies and implements model changes as needed to correct errors, streamline processes, and respond to changes in the underlying business. Completes these changes in a timely and accurate manner, and produces detailed documentation for all changes made. Peer review modeling work done by others.
    3. Performs ad-hoc analysis of model results as needed to explain unanticipated movements, identify model errors, and evaluates the impact of potential business changes under various reporting bases.
    4. Supports the Plan-to-Actual comparison and insures that all variances are explained.
    5. Identifies opportunities for process improvement and automation, and assists in the implementation of these improvements, in order to optimize the efficiency, accuracy, and transparency of our production processes.
    6. Works with other departments, e.g. Model Development and LGRA Finance, to provide modeling support and expertise when needed.
    7. Assist with IFRS17 implementation.
    8. Manage ad hoc projects as needed. Other duties as required.

     

    Qualifications:

    • BS/BA in Math/Statistics.
    • ASA (Associate of the Society of Actuaries)
    • Minimum of 5 years of life insurance/actuarial experience.
    • Pension buyout or payout annuity experience, strongly preferred.
    • Model development or modeling experience.
    • Knowledge of US GAAP, IFRS, and US Statutory reporting requirements
    • Actuarial software skills –GGY AXIS skills is a must

    Additonal Skills

    • Spreadsheet and database capabilities (Excel, MS Access, VBA, and SQL).
    • Strong analytical and problem solving skills
    • Excellent written and oral communication skills, including presentation skills.
    • Collaborative with ability to be a team player on cross-functional teams
    • Flexibility when working with changing deliverables
    • Detail oriented, able to manage several tasks with high level of accuracy
    • Well organized, innovative and high level of initiative