Epic Health Solutions · 2 months ago
Senior Actuary Director
Miami, FL, US
Full-time
Onsite
Senior Level, Lead/Staff, Director/Executive
15+ years expVUMI Canada, Inc. is a company focused on life insurance and investment-linked products. The Senior Actuary Director will be responsible for ensuring the financial soundness, risk management, and profitability of the company's product portfolio while collaborating with various departments on strategic projects.
Health CareMedicalWellness
Responsibilities
Lead and oversee the pricing of life and investment-linked products, ensuring methodologies, assumptions, and target profitability metrics (e.g., VNB, IRR, ROE) align with the company’s risk appetite, capital requirements, and governance standards
Support the full product development lifecycle — from concept and feasibility through pricing, regulatory filings, implementation, and post-launch monitoring — in close collaboration with product, finance, investment, and compliance teams
Perform monthly and quarterly reserve calculations for life and investment-linked products under statutory, GAAP, and/or IFRS reporting frameworks
Conduct experience studies (e.g., mortality, lapse, expense, investment performance) and assist in updating valuation and pricing assumptions
Collaborate with product and investment teams to evaluate and model investment strategies, asset-liability matching, and fund performance impacts on product profitability
Assist in the development, testing, and enhancement of actuarial models using tools such as AXIS, Prophet, or other appropriate systems for both life insurance and investment products
Contribute to regulatory filings such as actuarial opinions, asset adequacy testing, and risk-based capital reporting
Support the assessment and implementation of changes in actuarial standards, regulatory requirements, or accounting frameworks (e.g., IFRS 17, GAAP LDTI)
Analyze and report on the performance of unit-linked or participating funds, including policyholder dividends and investment performance
Work with cross-functional teams (finance, compliance, product, and investments) on product development initiatives and strategic projects
Ensure compliance with Actuarial Standards of Practice (ASOPs), internal controls, and corporate risk management policies
Maintain required continuing education and professional development through the Society of Actuaries or relevant actuarial bodies
Perform other duties and projects as assigned by actuarial management
Provide actuarial insight to management for strategic decision-making, financial forecasting, and capital planning
Support the optimization of reinsurance arrangements and related risk transfer strategies
Participate in enterprise risk management (ERM) activities, including stress testing and scenario modeling
Support the integration of actuarial analytics with digital and data initiatives across the organization
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field
15+ years of actuarial experience in life insurance and/or investment-linked products
Associate of the Society of Actuaries (ASA) required; Fellow of the Society of Actuaries (FSA) preferred
Strong knowledge of life insurance and investment product structures, valuation methods, and regulatory frameworks
Experience with actuarial modeling tools (e.g., AXIS, Prophet, MG-ALFA) and data tools (e.g., Excel, SQL, Python, R)
Familiarity with investment concepts, such as asset-liability management (ALM), yield curve modeling, and fund performance
Strong understanding of IFRS 17, GAAP LDTI, and risk-based capital requirements preferred
Excellent analytical, communication, and presentation skills
Ability to manage multiple priorities in a collaborative and fast-paced environment
Preferred
Fellow of the Society of Actuaries (FSA)
Strong understanding of IFRS 17, GAAP LDTI, and risk-based capital requirements
Company
Epic Health Solutions
Epic Health Solutions provides network solutions, healthcare management, and medical assistance for international clients.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase