Senior Director & Actuary, Reinsurance jobs in United States
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Acumen Group ยท 1 week ago

Senior Director & Actuary, Reinsurance

Acumen Group is seeking a Senior Director & Actuary, Reinsurance to lead a team focused on reinsurance reporting and pricing. The role involves managing a team, developing strategic relationships, and overseeing the financial close processes related to reinsurance transactions.

Financial ServicesOutsourcingRecruiting
Hiring Manager
Taylor Dever
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Responsibilities

Lead a team of actuarial professionals and non-actuary data management and financial analyst specialists to execute tasks that support reinsurance and new business strategy
Develop and execute a people development plan, including coaching and mentoring, in alignment with the company's mission, vision, and values
Recruit, hire, train, and develop talent as needed
Collaborate with colleagues and subject matter experts across functional areas to ensure seamless execution
Build and maintain relationships with product development and reinsurance team members and other key influencers internally and externally
Work closely with product development team to support product development and reinsurance pricing
Establish and strengthen relationships with finance team to deliver reinsurance reporting details for integration into GAAP and STAT reporting
Work with internal teams and external carriers to deliver pricing and related assumptions on a timely basis
Draft and present pricing memoranda covering key risks, mitigates and assumptions covering new transactions including expected profitability metrics
Recommend amendments to reinsurance treaties as necessary corresponding to new business, in force management and/or retrocession treaties
Lead daily operations
Supervise team members in the development of process improvements that drive timely and accurate reporting and provide insight into performance results
Have an opinion on the quality and reasonableness of carrier settlement reporting and identify areas requiring further investigation as part of regular financial close processes
Deliver quarterly experience reporting and analysis

Qualification

Fellowship in Society of ActuariesGAAPStatutory reportingActuarial modelingPricing softwareLife insuranceAnnuity productsAnalytical skillsSQL ServerPython programmingNegotiation skillsTeam motivationLeadershipProblem-solving skillsWritten communicationOral communicationPresentation skillsProject management

Required

Bachelor's degree in mathematics, actuarial science, finance, or a related field
Minimum of ten years actuarial experience
Experience with GAAP and Statutory reporting on Modco and YRT treaties
Experience with actuarial modeling and pricing software (preferably MG-ALFA)
Expertise in life insurance and annuity products, especially universal life (Fixed, Indexed, and Variable)
Proven negotiation skills in complex scenarios
Strong analytical, mathematical, and problem-solving skills
Excellent written, oral, and presentation skills
Ability to lead, mentor, and motivate teams to achieve performance goals
Ability to manage multiple complex projects and meet deadlines

Preferred

Fellowship in the Society of Actuaries (FSA) strongly preferred
Expertise with SQL Server relational database management and Python general-purpose programming language is a plus

Company

Acumen Group

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Acumen Group offers financial outsourcing services and recruitment solutions.

Funding

Current Stage
Growth Stage
Company data provided by crunchbase