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The Consulting Actuary will assist in performing actuarial portions of financial examinations and regulatory projects. They will also coordinate with project teams and may oversee analysts while communicating with regulatory clients.
Job Description
Consulting Actuary (Life)
Position Overview
The Consulting Actuary will assist in the performance of the actuarial portion of financial examinations, and other regulatory projects. Based on work volume the Consulting Actuary may, at times, assist on health or property and casualty projects in a supporting role. Regulatory consulting experience or experience with captive insurance companies is preferred but not required. All work is anticipated to be completed remotely; no travel required. This is a salaried position for full-time work. Applicants interested in part-time work or contract work are also encouraged to apply.
Specific Duties and Responsibilities
The Consulting Actuary will assist in the performance of the actuarial portion of financial examinations, and other regulatory projects. The Consulting Actuary will work as part of a team of actuaries including Senior Consulting Actuaries and analysts. Depending on the project, the Consulting Actuary may be responsible for overseeing analysts and coordinating assignments with the lead actuary. The Consulting Actuary may be primarily responsible for communication with the regulatory clients although some of those tasks may be delegated to other members of the project team, as appropriate.
As the volume of consulting work can fluctuate, the Consulting Actuary may also be involved in health or property and casualty projects in a supporting role.
In some instances, the Consulting Actuary may be involved as the peer reviewer on certain tasks performed by another credentialed actuary.
Other tasks may be assigned by the Senior Managing Director or Director of the actuarial team.
Required Qualifications
· ASA or near-ASA
· 4-8 years of actuarial experience.
· Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook) and Adobe Acrobat PDF.
· Regulatory consulting experience is preferred but not required
· Experience with asset adequacy analysis is preferred but not required
· Experience with principles-based reserves is preferred but not required
· Strong writing skills
· Strong organizational skills
· Knowledge of TeamMate+ is preferred but not required.
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