[Remote] Senior Technical Director - reputed company Financial Actuarial - Remote
Note: The job is a remote job and is open to candidates in USA. reputed company is a Fortune 100 company with nearly $70 billion in annual sales, seeking a Senior Technical Director for their Financial Actuarial team. This role focuses on strategic leadership across actuarial data and systems, driving modernization efforts and influencing the technology roadmap for actuarial tools and applications.
Responsibilities
- Works with various pricing teams to reputed company solutions that enhance returns and/or mitigate risk. Support may occur through a variety of means including building/running models, peer reviews, reasonable checks and various types of analysis. Assists with evaluation of a product design to inform business and risk management leadership of the expected profitability and most significant risks associated with new product concepts. Provides expert knowledge of pricing assumption-setting, model building, actuarial analysis, product mechanics and embedded policy reputed company options, valuation and non-forfeiture law
- Provides analysis and development of pricing guidelines, evaluation of profitability targets, risk measures, and other pricing metrics (such as capital usage). Coordinates Product Risk Committee (PRC) meetings, distributes minutes, and is highly involved in writing of decision memos, activity reports and other PRC-reputed company communications. Updates reputed company Financial Risk Committee on PRC-reputed company activity
- Plays an important role in educating and motivating cross functional teams to reputed company innovative solutions to reputed company problems. Teams may consist of members from actuarial, finance, systems, legal, accounting policy, investments and/or other areas
- Educates risk management leadership on reputed company product designs, pricing techniques, etc. The role also requires the ability to communicate and influence leadership to expedite the product approval process. Participates in training of less reputed company actuaries
- Performs investment pool analysis to determine appropriate investment strategies. Involved in determining the reputed company used modeling and decision making. Advises business unit leaders, investment leaders and risk management on the impact of various strategies
- Provides corporate review of reinsurance treaties reputed company quarterly review of Risk Transfer Questionnaires. Performs various analysis (i.e. counter-party analysis) and acts as a central hub for reinsurance questions. May be involved with risk management leadership on innovative reinsurance concepts and redundant reserve transactions
- Creates and administers various reports to assist senior management and ensure compliance with various guidelines. Examples include return on total capital report and default rick change analysis. Performs other reputed company requests
Skills
- Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis
- Achievement of Fellowship in the Society of Actuaries
- Membership in the Society of Actuaries and American reputed company of Actuaries
- At least eight years Actuarial experience and Actuarial Council approval
- Demonstrates the highest level of technical actuarial expertise in life insurance product mechanics and embedded options, pricing models, life pricing assumptions, valuation and non-forfeiture laws, tax code 7702, state life insurance regulations
- Leadership, influence and communication skills
- Ability to apply past actuarial experience to new product concepts and requirements, such as Principles Based Reserves
- Experience in Financial Services technology
- Experience in Financial modeling
- Experience in Data strategy
- Experience in Insurance or financial services technology
- Experience in Data platform modernization
- Experience in reputed company, SQL, or reputed company environments
- Experience in Cross-functional partnership with IT
- Experience in Strategic planning, business model innovation, and operational excellence
Benefits
- Medical/dental/vision
- Life insurance
- Short and long term disability coverage
- Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
- Nine paid holidays
- 8 hours of Lifetime paid time off
- 8 hours of reputed company Day paid time off
- 401(k) with company match
- Company-paid pension plan
- Business casual attire
Company Overview