
VP, Life & Annuity Actuary
TruStage
full-time
Posted on:
Location Type: Hybrid
Location: Madison • Wisconsin • United States
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Job Level
About the role
- Strategic oversight of the organization’s actuarial work related to, reserving and valuation, as well as capital modelling at the product level for Life, Health, and Annuities.
- Provide leadership and support to foster an environment of partnership, cross-training, teamwork, and personnel development.
- Plays a major role in forecasting business Statutory and GAAP in-force and new business plans, profitability and sensitivities.
- Lead the reserving function including the reserving policy and position, identifying loss trends and reporting.
- Collaborate with product, finance, market risk and Governance, Risk & Assurance to understand the company’s financials, capital allocation methods, risk strategies and other information to interface seamlessly with Regulatory and Rating agencies.
- Stay abreast of regulatory, legislative, industry and economic trends.
- Serve as the Appointed Actuary and keep board of directors aware of the actuarial adequacy of our assets that support our liabilities.
- Collaborate with Head of P&C Actuarial to ensure consistency and best practices across the actuarial functions.
- Attract, recruit and develop top talent. Motivate the team, delegate effectively, celebrate diversity within the team, and manage performance.
- Bring thought leadership to the organization with respect to talent development, succession, and recruitment best practices while ensuring practical business solutions.
Requirements
- FSA or FCAS Level or equivalent
- 15+ years of experience in actuarial setting with progressive responsibilities
- Bachelor's degree in actuarial science, statistics, mathematics or a related field
- Broad knowledge of insurance operations and products and emerging issues.
- Strong interpersonal and demonstrated team-building and coaching skills, proven teamwork and collaboration
- Demonstrated high skill level of expertise in oral, written, listening, and presentation communication skills with an ability to confidently present internally and externally and influence for outcome.
- Demonstrated high level of interactive, collaboration and other teaming skill sets to facilitate interaction between associates at all levels of the organization.
Benefits
- medical, dental, vision
- employee assistance program
- life insurance
- disability plans
- parental leave
- paid time off
- 401k
- tuition reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial workreservingvaluationcapital modellingforecastingStatutory accountingGAAPloss trend identificationfinancial analysisrisk strategies
Soft Skills
leadershipteamworkpersonnel developmentcoachingcommunicationcollaborationmotivationdelegationdiversity managementperformance management
Certifications
FSAFCAS