Assoc Actuary - (US-PA-West Chester - 19383)

Minimum Education: None
Job Type: Full Time
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Responsibilities : As a result, we're building a different work experience for our employees, an experience that appeals to what they value most in a work relationship.What are the job responsibilities.Analyze statistical data and conduct actuarial and statistical studies to develop various statistical and mathematical reports. Provide support for key capital reporting and optimization activities to analyze the profitability of fixed and variable annuity product. Prepare financial projections used for Economic Capital, RBC C3 Phase 1, RBC C3 Phase 2, and rating agency capital. Analyze financial projections including performance of reasonableness checks and creation of attribution and reconciliation metrics. Participate in the implementation of principle-based reserving for variable annuities. Make progress toward understanding Annuity applications of ECAPS, ING replicating portfolio-based system for EC and market-consistent metrics. Work with product development teams to measure risk of new products. Provide support to the pricing team related to reserve and capital measures for new products. Provide financial reporting of all measures of capital including coordination of activities with valuation department.Who is our ideal candidate;

Requirements :Bachelor degree in Actuarial Science or related of five years actuarial experience in risk and financial management with focus in fixed and variable annuities. Must have experience in insurance pricing, capital, profitability, valuation, and modeling; risk management experience including capital markets and hedging strategies; advanced MS Excel; programming languages Excel VB, VB.Net, C & APL. Must be FSA or career ASA.What else can we tell you.The West Chester site offers free on-site parking, a full-service cafeteria, and an on-site gym, with free membership. The site is a smoke-free environment and business casual attire is currently the standard.

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