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Senior Actuary
1 month ago
Job Summary
We are seeking a highly skilled Senior Actuary to join our Global Financial Solutions team as a Collateral Risk Management Specialist. In this role, you will be responsible for driving efficiencies in longevity and collateral systems and processes, effective risk and inforce management of globally assumed products with longevity risk, and leveraging the value in the inforce through actionable analytics and business insights.
Key Responsibilities
- Collateral Management: Maintain, enhance and develop collateral models in order to estimate current and ongoing collateral needs, gain in-depth knowledge of the collateral provisions in order to ensure compliance with the treaty requirements and oversee cures as needed.
- Data, Experience and Performance Analysis: Identify and analyze the impact of data changes in the inforce file, and work with clients to establish revised premium and financial settlement, conduct experience analysis and leverage insights to propose appropriate changes to best estimate assumptions, and comment on income expectations incorporated in GFS annual Plan.
- Risk Management: Conduct a comprehensive assessment of risk characteristics for proposed new transactions, review the risk analysis and treaty documents for new or amended transactions, highlighting any potential areas of heightened risk, providing feedback/recommendations to support deal teams in treaty negotiations and to mitigate risk.
Requirements
- Fellowship in a recognized actuarial organization preferred (FSA, FIA, FCAS, FIAA)
- Chartered Financial Analyst (CFA) or demonstrated knowledge of investments and capital markets
- 7+ years' experience; at least 4 years post-qualification experience
- Undergraduate degree in related field
- Experience in actuarial modelling software such as Prophet and/or AXIS