Managing Actuary - Life-7947
Client looking to add a Managing Actuary - Life to their growing practice. Must have individual life and/or annuity experience to be considered. 7+ years with ASA is required and FSA is preferred. Someone from consulting who's ready to make the transition to corporate could be a great fit. This position is based in Chicago, but there will be some flexibility to work from home infrequently. This is a technical role responsible for supporting Life & Annuity Product Management leadership in delivering results. It includes deep involvement in all facets of model building and management related to product portfolio development and maintenance efforts. Perform modeling analysis using MG-ALFA software. Collaborate with other areas of Product Management to understand and fulfill model requests which will include: Statutory and GAAP pricing models, Models supporting annual VNB process, Illustration Actuary testing models. Convert pricing models from legacy systems (TAS, PTS). Work with valuation actuaries to ensure consistency between Product Management and Valuation assumptions (exclusion testing, experience assumptions, etc.).