Life Actuary or Life Actuarial

Kalos Consulting, Inc. - Chicago, IL

We have a focused, multi-disciplinary team of actuaries, financial engineers / capital markets professionals and software developers working together to develop risk management solutions for the financial services industry. We currently advise some of the world's largest insurance companies in areas such as hedging strategy and operations, financial reporting, portfolio risk management, capital requirements, and mergers and acquisitions.

Responsibilities

The candidate would potentially be involved in the following types of projects:

  • Designing and executing scalable dynamic hedging programs to manage equity guarantee risk and meet strategic risk management objectives
  • Performing managed services for financial reporting of Variable Annuities, including GAAP and Statutory valuation
  • Merger and acquisitions – due diligence including review of assumptions, risks and operations of Variable Annuities and/or Fixed Indexed Annuities business; valuation and projection of statutory balance sheet
  • Building stochastic models for risk-based capital impact analysis
  • Evaluating the appropriateness of exotic derivatives in reducing a company's risk exposure
  • Determining the impact of various risk management programs with respect to M&A transactions
  • Pricing and developing new products for financial services companies

Required Skills

The ideal candidate should have experience or an understanding in a few of these topics:

  • Completion of at least one Society of Actuaries (SOA) exam and actively pursuing the FSA, FRM or CFA designation
  • Strong quantitative background with actuarial modeling experience in life insurance, risk management or investments
  • Understanding of capital markets and modern finance concepts (option pricing, portfolio theory, etc.)
  • Insurance product modeling experience, particularly equity guarantee based products
  • Proficiency in Excel and VBA. Knowledge of SQL, C++, C#, and other programming languages a plus
  • Experience with actuarial valuation software would be an asset
  • Ability to analyze and apply creative problem solving both independently and within a team
  • Excellent project management skills, including communication and time management skills
  • Self-motivated individual with a sense of intellectual curiosity and a results-oriented work ethic


Posted On: Wednesday, November 28, 2018



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