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jobs4actuary, Financial Actuary

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Financial Actuary

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Position: Financial Actuary

Company: Insurance Organization

Location: Delaware

Job ID: 18283



RESPONSIBILITIES

- Valuation, ALM, and actuarial analysis support for the Middle east Region.
- Specific functions include the following.
- Support all aspects of financial reporting for the Middle East Region, especially in regard to GAAP Financial Statements, Actuarial Opinions, professional standards, and regulatory compliance. - Prepare, review, and analyze various actuarial items for territories in the region.
- Review and recommend appropriate methodologies and assumptions for new products and special product features. Oversee implementation.
- Perform recoverability analysis. Review and analyze expenses and revenue deferrals.
- Ensure the integrity of the valuation process and results produced.
- Assist with the preparation of actuarial items for territorial budgets in the region.
- Provide an actuarial resource to regional and local offices.
- Develop and maintain actuarial models for financial projections, profitability analysis, Asset & Liability analysis, and Economic Capital Analysis.
- Make recommendations to improve financial reporting process for the region.
- Monitor developments in regulatory requirements and changes in actuarial standards and develop plans for implementation.
- Maintain process documentation as required under Sarbanes-Oxley. Ensure performance and documentation of controls.
- This position is located in Delaware. Relocation will be considered on a case by case basis.


QUALIFICATIONS:

- Fellow of the Society of Actuaries, with minimum of 5 years actuarial experience in the individual life and A&H areas.
- College graduate. Major in actuarial science, mathematics, business/accounting or computer science preferable.
- Strong analytical, organizational, and planning skills.
- Very good oral and written communication skills.
- Polysystems, SAS, and ALFA or other modeling software knowledge a plus.


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