Senior Life Actuary Manager
2 weeks ago
Senior Life Actuary Manager
Location: Michigan
Job Type: Regular Full-Time
Category: Actuarial Services
Overview
Objective of the Senior Life Actuary Manager
The primary goal is to deliver expert actuarial knowledge in life and annuity sectors while leading various actuarial tasks such as valuation, pricing, and modeling. This role includes the preparation of financial documentation, product innovation, management of existing policies, cash flow analysis, and conducting experience studies. The position requires the application of diverse resources, including actuarial models, software tools, spreadsheets, and analytical reports. Continuous professional development and the integration of innovative methodologies into actuarial practices are essential.
Key Responsibilities
Responsibilities of the Senior Life Actuary Manager
1. Supervise and evaluate monthly and annual experience analyses, providing insights for modeling assumptions such as mortality rates, persistency, and expense projections.
2. Oversee the assessment of critical pricing assumptions across all product lines. Lead the design and pricing of new offerings aligned with corporate goals.
3. Formulate recommendations regarding interest rates and other non-guaranteed components for current products.
4. Manage technological support for the Life Actuarial Department, including the design, programming, and execution of various software applications.
5. Maintain current knowledge of industry practices and procedures in Life Actuarial science to ensure effective performance of responsibilities.
Qualifications
Required Qualifications
- A Bachelor's degree in mathematics, statistics, or actuarial science is mandatory.
- A minimum of five years of experience in life actuarial roles is essential.
- Completion of the Associate of the Society of Actuaries (ASA) designation is required.
Preferred Qualifications
- Proficiency in actuarial modeling software is necessary, with preference for experience in Prophet.
- Attainment of the Fellow of the Society of Actuaries (FSA) designation is preferred.
This position allows for remote work or in-person collaboration.
Note: A comprehensive benefits package is available, including medical, dental, vision, and retirement plans.
All qualified candidates will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Compensation: Annual Salary
PId78da7395e
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