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Actuarial Director

2 months ago

Hartford, United States Selby Jennings Full time

My client is seeking a highly skilled FSA Actuary to join their team and lead the VM-22 PBR implementation for their annuity line of business. This role requires expertise with FIAs and valuation and/or experience with VM-21 or similar regulatory frameworks.

What you will be doing… Lead the PBR implementation project for fixed indexed annuities across the company. Develop, document, and maintain actuarial models and assumptions related to PBR requirements. Collaborate with cross-functional teams, including product development, risk management, finance, and IT, to ensure successful implementation and integration of VM-22 PBR. Ensure compliance with all regulatory requirements and standards related to PBR and other relevant actuarial guidelines. Monitor industry trends and changes in regulatory requirements to ensure the company's practices remain current and compliant. Prepare and present reports to senior management and stakeholders on the progress and impact of the implementation.

What you will need to be successful.. ASA designation required, FSA preferred. Extensive experience with fixed indexed annuities, including product design, pricing, and valuation. Proven experience in leading actuarial projects and implementing regulatory requirements. Excellent analytical, problem-solving, and decision-making skills. Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams. Proficiency in actuarial software and modeling tools. High attention to detail and commitment to accuracy and quality.

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