Staff Actuary, Life and Risk Management

Title: Staff Actuary, Life and Risk Management Department: Public Policy Reports to: Senior Director, Public Policy Direct Report(s): none

OVERVIEW

The Staff Actuary will support and advance the work of the American Academy of Actuaries in line with its role as the voice on public policy and professionalism issues in the United States. This role focuses on providing actuarial expertise in the form of analysis and recommended interpretations of key Academy strategic priorities, stakeholder outreach and engagement, partnership building with peer and stakeholder organizations, and tailoring public facing work to meet state, federal and, when relevant, global needs. Through strategic collaboration and volunteer engagement, the Staff Actuary leads and supports public policy and professionalism initiatives across practice areas, with an emphasis on public policy priorities related to aging and financial security, investments, and risk management. We are looking for a candidate who can bring a combination of strategic, solutions-focused perspective with knowledge of life, financial reporting, and professionalism issues that supports the Academy’s efforts in providing independent, objective advice.

RESPONSIBILITIES AND DUTIES

Support and collaborate with the public policy directors of outreach, Senior Fellows, and professionalism team in building and maintaining relationships with key stakeholders, including regulators, the U.S. actuarial associations, employers, industry representatives, members, and volunteers, to foster trust and forge strategic partnerships. Collaborate with volunteers and staff to deliver public policy work products, professionalism content, and outreach initiatives that enhance strategic policy priorities and organizational goals. Represent the Academy at public forums and within the actuarial community, alongside the staff and volunteers, to promote the Academy’s offerings and policy perspectives. Propose and develop work products while identifying appropriate stakeholders in order to drive and finalize timely, relevant public policy work. Contribute to research activities on emerging actuarial and risk topics, working with the Research staff and volunteers to advance the Academy’s thought leadership and address industry needs. Lead projects as requested by Academy leadership, while participating and occasionally leading special projects to address emerging or priority cross-practice issues. Travel: 15%, primarily domestic and in support of external presentations/conferences. Weekends and overnight attendance may be required. Other duties as necessary.

KNOWLEDGE, SKILLS, AND ABILITIES

Understanding of regulatory, business, and state and federal legislative landscapes in the U.S. and ability to understand and communicate complex issues to a variety of audiences. Deep curiosity and interest in understanding and communicating complex life and risk management-related issues to a variety of audiences, including federal and state regulators and legislators, industry partners, consumer advocates. Ability to operate independently and collaboratively across diverse groups with a strong interest and competency in developing relationships with a variety of stakeholders. Demonstrated task and project management skills, with strong attention to detail. Organizational and analytical skills with ability to manage multiple projects and deadlines. Excellent communication (verbal/written) and interpersonal skills with ability to interact effectively with a diverse audience. Experience in public speaking and formal presentations (webinars, podcasts, etc.) Broad exposure to insurance in areas such as pricing, reserving, data & analytics, or risk management, with subject matter expertise in at least one area, preferably across life or financial reporting practice areas. Overall resourcefulness and ability to take initiative. Apply sound actuarial principles and maintain actuarial qualifications while adhering to the Standards of Practice as promulgated by the Actuarial Standards Board.

EDUCATION AND EXPERIENCE

Bachelor’s degree in actuarial science, mathematics, statistics or a related field. ASA or ACAS required. At least 5 years of actuarial experience or an equivalent combination of education and experiences. Experience in insurance, financial services, or risk management.Understanding of policy issues in the financial services sector. Experience in stakeholder engagement, with experience working with legislative and regulatory stakeholders preferred.

PREFERRED EXPERIENCE

FCAS or FSA designation preferred. Prior experience in member associations, trade organizations, or as a regulator a plus. Project management experience and experience with Asana is a plus. Demonstrated competency in one or more of the following: Statutory/GAAP reporting, regulation, and compliance SAP, FASB, GASB and related accounting principals Standard and advanced reserving methods Pricing and cost allocation methods Insurance/reinsurance company operations Product development Data sources/modeling FLSA Classification: Exempt. #J-18808-Ljbffr American Academy of Actuaries