Actuarial Valuation Lead Job at Selby Jennings, New York, NY

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  • Selby Jennings
  • New York, NY

Job Description

Summary/Objective

Oversee financial reporting, valuation processes, and operational initiatives. Reporting to the Product Pricing and Development Actuary, ensure efficient and accurate actuarial financial reporting.

Essential Functions

Valuation and Financial Reporting:

  • Build and enhance the internal actuarial valuation process.
  • Calculate US Statutory, Tax, and US GAAP reserves for MYGA, FIA, and MYGIA products.
  • Perform attribution analysis and Board reporting.
  • Calibrate valuation processes for new products and methodologies.
  • Contribute to the transition to fixed annuity PBR.

Projections:

  • Perform plan and capital projections, optimizing capital usage.

Process Efficiency:

  • Update actuarial models and automate valuation processes.

Qualifications

  • Bachelor's Degree in Actuarial Science, Statistics, or related STEM field.
  • FSA designation with 10+ years of actuarial experience.
  • Expertise in US Statutory, US GAAP, annuity products, and GGY Axis.
  • Experience with PBR and transitioning frameworks.

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