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As the Sr. Director, Individual Annuities team, you’ll have direct responsibility for key aspects of Individual Annuities (IA) actuarial operations including financial reporting, valuation, financial planning, strategy support, operational support, and ad-hoc research projects. This role will lead a team of onshore and offshore credentialed actuaries and actuarial students. You’ll put your strategic thinking to work as you drive our financial planning and strategy projections, reflecting reinsurance impacts, incorporating new products, and performing sensitivity analysis. In addition to managing our FP&A function, this role will require oversight of our financial close, including all relevant analysis, controls, and governance. This role is key to ensuring the integrity of both GAAP and Statutory financial results. You’ll partner with key stakeholders including IA’s Division Head, Sales and Marketing team, Pricing and Rate Setting team, Operations, Corporate Actuarial and Finance leadership, and IT. This role provides a unique opportunity to drive business results as IA continues to grow its product suite and distribution footprint.
Job Responsibility:
Providing formal leadership and thought leadership for the division and 9 onshore and offshore team members while championing cross training and process documentation of each product’s reporting processes
Driving VM22 implementation, including overseeing modeling implementation, roadmap, and governance framework
Overseeing IA’s financial planning process, coordinating updates with partners, and ensuring clear and effective communication for key stakeholders, including senior leadership and corporate partners
Supporting strategy projections, enterprise capital strategy, and investment strategy analysis, as well as supervising annual model assumption updates and related experience studies
Facilitating reinsurance analysis to support sales growth, profitability, capital efficiency, and distribution footprint expansion
Driving efficient use of offshore teams for routine financial reporting processes and ad-hoc business support activities
Requirements:
Bachelor’s degree or equivalent combination of education and experience in: Mathematics, Actuarial Science, Business or a related field is preferred
ASA required, FSA designation strongly preferred
Eight or more years of actuarial experience with increasing levels of responsibility
Proven experience in the overall management and technical oversight of senior actuarial individual contributors and/or teams of actuarial staff and driving actuarial team performance to defined business objectives
Prior experience and solid understanding of regulatory issues and applicability to the division and ongoing monitoring & tracking of the dynamic environment in the industry
Experience with fixed / indexed individual rate setting
Strong technical background including depth in risk analysis and assessment, valuation, planning, actuarial modeling (AXIS experience strongly preferred), and strong technical communication skills
What we offer:
A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions
An annual incentive bonus plan
Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure
A supportive, responsive management approach and opportunities for career growth and advancement
Paid parental leave and adoption/surrogacy assistance
An employee giving program that double matches your donations to eligible nonprofits and schools