What are the responsibilities and job description for the Senior Vice President & Chief Actuary position at Insurance Recruiting Solutions?
ABOUT THE ROLE
Back to back winner of the prestigious Forbes list of the World’s Best Insurance Companies. This recognition is a reflection of this carrier’s unwavering dedication to customer satisfaction and overall excellence.
Due to retirement, they offer an opportunity to join their organization as Senior Vice President & Chief Actuary. This key leadership role will be responsible for overseeing the actuarial function and providing strategic guidance to the executive team. Reporting to the President, this role leads a team of actuaries to support the company's financial management, risk assessment, and strategic decision-making processes. We seek a seasoned actuarial professional with exceptional leadership skills and a deep understanding of actuarial science and its applications within the life insurance industry.
DUTIES & RESPONSIBILITIES
Oversee the development and implementation of actuarial models and methodologies to analyze risk exposure, pricing strategies, and financial projections.
Provide insights and recommendations to senior leadership based on actuarial analysis.
Assess and quantify risks associated with insurance products, investment strategies.
Develop Actuarial Memorandum and Opinion. Handle the Appointed Actuary responsibilities.
Provide GAAP / DAC analysis to respond to questions from CFO, and other accounting team members.
Review experience studies.
Oversight of the modeling of a relatively small A&H portfolio.
QUALIFICATIONS & EXPERIENCE
FSA, MAAA required.
20 of experience in actuarial roles within the life insurance industry, with a proven track record of leadership and achievement.
5 years’ experience in Product Development.
Working Knowledge GGY-AXIS, Life insurance and A&H products, and SVL & SNFL
Working Knowledge of Insurance Regulatory Matters
Excellent analytical and problem-solving skills, with the ability to translate data into actionable insights.
Proven leadership abilities, with experience leading and developing high-performing teams.
