Homesteaders Life Company · 2 weeks ago
Director, Actuarial Services
Homesteaders Life Company is a national leader providing products and services to help people design a better farewell. As a Director of Actuarial Services, you will lead the development and management of statutory and GAAP reserves, oversee monthly reporting, and support engagement with various teams including internal and external audits.
Responsibilities
Lead the development of statutory reserves and related figures for the company’s insurance liabilities
Lead the development of GAAP reserves and related figures for the company’s insurance liabilities
Support the completion of actuarial items in internal audits and within the company’s ORSA
Lead written and oral communications with the company’s external auditor
Manage the actuarial team’s utilization of MG-ALFA/Integrate and ARCVAL, the company’s actuarial modeling and valuation software
Manage Homesteader’s insurance liability reinsurance agreements, including reporting requirements and engagement with reinsurance partners
Qualification
Required
A bachelor's degree in actuarial science, mathematics or a related field
Minimum of Associateship in the Society of Actuaries (ASA) designation
10+ years of life insurance experience in the actuarial department or other technical area
Demonstrated understanding of statutory and GAAP life insurance product reserving
Must be proficient in Microsoft Office software applications, particularly Excel
Experience with SQL required
Preferred
Fellowship (FSA) designation preferred
Prior management experience preferred
Experience with ARCVAL, MG-ALFA/Integrate, Python and Power BI a plus
Life insurance product pricing exposure a plus
Benefits
An excellent schedule – office closes at 1 p.m. every Friday
Annual profit sharing
401(k) with company match with discretionary contribution
Company-sponsored group medical and dental insurance
Company-paid life insurance
Company-paid long-term disability
Hybrid work environment
Paid holidays
Generous vacation time and sick leave
Paid parental leave
Casual dress year-round
Professional membership and licensing dues reimbursement
Tuition reimbursement
Company
Homesteaders Life Company
Homesteaders Life Company, a mutual company owned by its policy holders, is a national leader in providing products and services to help people design a better farewell.