• Very well-established company thats been around over 150 years.
• One of the world's largest insurance and investment management companies with assets are over $1 trillion worldwide.
• Company was certified as a “great place to work” which was based off of a survey from over 350 employees which over 90% said they take pride in their work and feel good about the company’s contribution to the community.
• Greater Baltimore area
• Health, Dental, Vision, Life, Group Term, spending accounts, disability, 401k.
• "floating" holidays, personal leave, health leave, bereavement, military.
• Tuition reimbursement, study program, seminars, industry committees,associations, societies.
• Sponsor sports teams, host family picnics, offer days off PTO yearly for volunteer work.
• One of the most affordable and livable cities on the east coast!
• Low crime area.
• Highly educated local population, great public schools.
• High quality dining, hiking, and other lifestyle opportunities, great place for active outdoor lovers!
You will be responsible for ensuring valuation processes, policies, controls, documentation, and governance are implemented appropriately for new emerging accounting bases, mainly PBR / VM20 and IFRS 17. These high priority and high profile cross-functional initiatives will have significant impacts on the operating model of the valuation department and your experience and skillset is needed to support those workstreams impacting the team.
You will also support carrying out the compilation and analysis of reserves and related financial information as part of the regular valuation process for all associated captive reinsurance entities. A strong understanding of the current state processes will be necessary to effectively build the future state.
BS/BA in Actuarial Science, Mathematics, Statistics, Economics, or related field
Associate of the Society of Actuaries and working toward fellowship
5+ years of life insurance/actuarial experience, including valuation
Experience in multiple reporting bases (Statutory, GAAP, IFRS, Solvency II, Economic Capital)
Experience with PBR/VM20 and/or IFRS 17 preferred
Excellent written and oral communication skills, including presentation skills
Actuarial software skills – GGY-AXIS preferred
Spreadsheet and database capabilities (Excel, VBA, SQL, SAS).
Strong documentation skills
Ability to multi-task in a deadline-oriented environment
Ability to work independently and collaboratively
Strong actuarial analytical skills and problem solving abilitySelf-motivated