Closer to capital and enterprise risk strategy than a reserving cycle role because it spans ALM, capital, transactions and transformation reviews.
Senior Life actuarial risk role in Charlotte, North Carolina, focused on TIAA’s annuity and insurance portfolios. You’ll independently review pricing, assumptions, reserving, cash flow testing, ALM, capital requirements, and strategic transactions, while presenting findings to senior leadership. The role is primarily onsite and offers a disclosed base salary of $164,000-$259,000.
Requirements
Must have
5+ years actuarial and/or quantitative risk management experience
Demonstrated experience with insurance and annuity product pricing, actuarial assumption setting, reserving or cash flow testing in a life insurance or annuity context
Demonstrated analytical and problem-solving skills, including ability to drill down on details, perform analyses, resolve issues and distill findings
Excellent communication skills, both verbal and written
Strongly preferred
7+ years of actuarial and/or quantitative risk management experience in a life insurance and annuity context
Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Finance, or Economics
ASA or FSA designation
Familiarity with Asset Liability Management concepts and models, including interest rate risk, duration management, and liability cash flow analysis
Experience working within or in close partnership with an actuarial function at an insurance company or financial services firm
Proficient in Microsoft Applications and actuarial projection or pricing systems
Skills & Domain
ToolsExcelPowerPoint
DomainInsurance and annuity product pricingActuarial assumption settingReserving in life insurance or annuity contextCash flow testing for life insurance or annuitiesQuantitative risk management experience