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Senior Actuary

Phaxis

Job Description

Key Responsibilities
  • Oversee the pricing strategies for both new and existing products, focusing on fixed annuities and life insurance offerings.
  • Conduct thorough evaluations of reinsurance agreements, covering aspects such as pricing, administration, and management of relationships.
  • Develop and refine actuarial models and frameworks to aid in product and capital-related decision-making processes.
  • Set pricing assumptions and assess capital usage for new product lines.
  • Contribute to capital planning, forecasting, and modeling, including frameworks like risk-based capital (RBC).
  • Analyze earnings, profitability, and overall financial performance.
  • Prepare reports for board meetings and track essential business and actuarial metrics.
  • Support key actuarial functions including valuation, cash flow testing, business planning, forecasting, and risk management.
  • Engage in special projects and strategic initiatives as required.
  • Work collaboratively with senior leadership and various departments, such as finance, investments, distribution, accounting, technology, and operations.
Qualifications
  • Degree in Actuarial Science, Finance, Economics, Accounting, Mathematics, Statistics, or a related discipline.
  • At least 5 years of experience in actuarial roles.
  • Professional designation as an Associate or Fellow from a recognized actuarial body (e.G., ASA, FSA, or equivalent).
  • High-level proficiency in Microsoft Office and actuarial modeling tools like GGY AXIS or similar platforms.
  • Experience with annuity and/or life insurance products, focusing on pricing, forecasting, capital analysis, or profitability evaluation.
  • Strong communication skills capable of conveying complex ideas clearly and succinctly.
  • Excellent organizational abilities and keen attention to detail.
  • Ability to succeed in a dynamic, fast-paced setting and adapt swiftly to new challenges.
  • Familiarity with reinsurance structures and capital modeling, especially for fixed annuity products.
  • Experience with pre-need and/or final expense life insurance products.
  • Understanding of U.S. Statutory and/or GAAP financial reporting standards.
  • Exposure to actuarial valuation, enterprise risk management, or financial planning roles.

Meet Your Recruiter

Ashley Maldonado
Vacancy posted 3 days ago
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