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Aegon · 2 days ago

ALM Modeling - Senior Actuary

United States

Full-time

Hybrid

Senior Level, Lead/Staff

$157K/yr - $175K/yr

8+ years exp

Aegon is seeking a Senior Actuary for their ALM Modeling team, responsible for building and analyzing sophisticated models for insurance products and investments. The role requires advanced knowledge in actuarial and financial analytics to develop, test, and validate models while collaborating with key stakeholders across various functions.

Asset ManagementAuto InsuranceFinanceHealth InsuranceInsuranceLife InsuranceRetirement

No H1B

Responsibilities

Lead modeling activities on various insurance liabilities, fixed-income assets and derivatives in actuarial systems, including AXIS

Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit, alternative investment, or liquidity risks

Collaborate with key stakeholders from business line valuation, ALM, risk management, financial/risk reporting, etc

Embrace new technologies to improve workflows

Design and build external or embedded controls to mitigate operating risks in workflows

Apply risk management techniques and procedures, including the company's mandated risk methodologies

Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes

Serve as a company-wide expert in multiple specialties, including portfolio yield projections

Act as a subject matter expert for colleagues with less experience

Apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex high volume data from a variety of sources

Design and lead multiple projects, with accountability for ongoing activities and objectives

Review the work of others, providing direction and insight on research solutions to problems presented

Develop staffing plans, recruit qualified candidates, and develop internal staff resources

Lead multiple advanced research projects

Interpret internal or external issues and recommend solutions/best practices

Solve complex problems; take a broad perspective to identify solutions

Build efficient models and processes

Apply judgment to modeling choices in a defensible manner

Assess the materiality of various modeling and data choices

Qualification

FSA designationActuarial modelingAXIS softwareData scienceRisk managementLeadership skillsCommunication skillsProblem-solving skills

Required

FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 6 years or relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience

Demonstrates high quality leadership, judgment, organization and prioritization skills

Exhibits effective management skills to motivate and develop a staff

Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences

Works well under pressure and within time constraints to effectively accomplish individual and team objectives