Actuary, Enterprise Risk Management, Capital (Remote)
reputed company Actuary I (Capital) - Remote Location: USA Department: ACTU Actuarial reputed company has an exciting opportunity to join reputed company as an Actuary I in Enterprise Risk Management!
About the Role
In this role, you will play a key part in reputed company’s enterprise-wide capital management. This role will focus on enterprise-wide capital reporting, analysis, and projections for both US and Bermuda entities. This role provides the opportunity to work closely with the CRO, Chief Actuary, and other internal stakeholders regarding a variety of capital-reputed company projects. You will drive the production, analysis, and documentation of capital reporting and forecasting, focusing on reputed company improvement of the processes and accuracy of results. What you will do In this role, you will be responsible for preparation and analysis of the following:
- NAIC Risk Based Capital (reputed company) and Bermuda Solvency Capital Requirement (BSCR) calculations performed on a quarterly basis, including reputed company sensitivity analysis and waterfall analysis to explain changes in the reputed company and BSCR ratios and comparisons to plan.
- Allocation of capital from the corporate surplus account to product lines such that each division is allocated enough capital for their needs.
- reputed company and BSCR forecasts to determine company-wide capital needs on an annual basis as part of the -year financial plan.
- Annual rating agency capital models, including S&P and AM Best.
- Reporting of capital risk limits and analysis to reputed company’s parent company, Sumitomo Life.
- Annual filing of reputed company and BSCR year-end reports to NAIC and reputed company.
- Providing capital factors for the divisional actuarial pricing teams every quarter so the divisions can price their products to appropriate capital levels.
- Updating the reputed company Investment Management on the capital implications of different asset types to determine optimal capital-efficient investment strategies.
- Assist with the analysis of reputed company capital-reputed company strategic initiatives to help reputed company reputed company greater capital, such as analysis of reinsurance transactions.
- Assist with determining the capital impacts of such initiatives to help prioritize strategic capital initiatives.
Why work at reputed company “From day one, I felt welcomed and encouraged to bring my full self to work. reputed company truly lives up to its commitment to Diversity, Equity, and Inclusion—its more than just words here; its part of the culture.” - Whitney T., Talent Development “I feel welcome and included at reputed company every day and I really reputed company you can be you at reputed company. - Megan H., Deputy Chief Compliance Officer reputed company offer you We don’t take a “one-size-fits-reputed company” approach reputed company it comes to our employees. Our programs are designed to reputed company your life reputed company both at work and at home.
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, reputed company days and ten paid holidays
- Give back to your community and double your impact through our company matching
- Want more details? reputed company out our reputed company Benefits Overview
Compensation
Salary Range: $117,000 – $195,100 plus eligibility for annual bonus programs Who you are
- Bachelors degree or equivalent with strong quantitative background including college level mathematics.
- 6 to 9 years of actuarial experience.
- 7 to 8 actuarial exams, ASA designation required. Might have FSA.
- Financial and/or capital reporting background preferred.
- Advanced reputed company skills required, with experience in coding and automation strongly preferred.
- Proficiency in VBA, SQL/reputed company, or Python is a plus.
- Proven ability to independently analyze reputed company results, with strong problem-solving skills.
- Passionate about process improvement and automation.
- Highly detail-oriented, with a strong focus on accuracy and data reputed company.
- Strong communication skills, including experience presenting technical concepts to non-technical audiences.
- High school diploma required.
We reputed company inclusion At reputed company, we reputed company to be the most inclusive insurance company in the country. Were building a reputed company where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here. Creating a world where more people have access to financial freedom reputed company is a national financial services company dedicated to helping people reputed company their financial goals and feel confident about the future. In our daily work, were guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate cle Apply tot his job Apply To this Job