Closer to a reserving and reporting cycle role than a capital strategy role, because the ad emphasizes PBR, statutory, GAAP, tax, and annual reporting deliverables.
Associate-level Life valuation role in Montpelier, Vermont, focused on Indexed Universal Life reserves, Principle-Based Reserves, experience studies, and statutory, GAAP, and tax reporting. The role requires an FSA with 7+ years of life experience or a Career ASA with 10+ years, plus four onsite days each week.
Requirements
Must have
FSA designation from SOA with minimum 7 years of actuarial experience within Life Insurance sector, or Career ASA with minimum 10 years
At least 5 years of actuarial experience within actuarial modeling or actuarial valuation & financial reporting
Strongly preferred
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
Proficiency in actuarial modeling software such as PolySystems, MG-ALFA, GGY-AXIS
Skilled in database tools like SQL, DataBricks, Microsoft Access, etc.
Comprehensive understanding of actuarial valuation requirements and techniques
Proven analytical prowess and problem-solving capabilities
A proactive attitude towards continuous improvement and challenging established norms
Detailed knowledge of statutory valuation requirements and advanced GAAP accounting issues for life insurance products
Familiar with GAAP accounting such as FAS97 and FAS133
Nice to have
Comprehensive understanding of actuarial governance and control frameworks
Demonstrated collaborative spirit and organizational synergy