Title: International Chief Actuary - PR5069
Created: 2008-05-05
Description:
International Chief Actuary opening in Southeast. The ideal candidate will have proven financial leadership and management experience in the insurance business, preferably reinsurance;  possess a combination of excellent technical (actuarial) skills, detailed knowledge of insurance and reinsurance products and financial statements, an ability to clearly communicate complex pricing and valuation issues, and excellent influence and negotiation skills; be an advisor, coach and mentor to divisional actuarial staff;  function as a key member of the senior management team and work to ensure that appropriate pricing and financial risk management strategies, plans and programs are in place to effectively support the overall strategic direction;  also function as an advisor to the CFO and CEO and have input into the broader operations of the organization. Major Responsibilities: plan, develop, organize, implement, direct and evaluate a corporate actuarial staff responsible for setting pricing and valuation policies and for ensuring that required valuations of International Reinsurance business are performed in a timely, accurate and transparent manner.  These required valuations include Embedded Value, Economic Capital, IFRS, US GAAP and statutory valuations, as well as the annual budget process, for entities that underwrite International Reinsurance business; provide leadership, motivation and support to corporate actuarial staff, enabling achievement of key individual and team results; provide technical oversight, leadership and financial support to the Regional CFOs. Represent  interests with respect to emerging actuarial valuation issues, and participate in industry and professional association efforts to shape new standards; ensure changes in IFRS, US GAAP, Statutory, and tax valuation requirements are communicated to key business unit and financial staff, and that appropriate policies are in place to ensure requirements are met.  Consult with business unit leaders and CFOs regarding the impacts of these valuation changes on reinsurance products and services and related strategies for responding to these changes. Play the lead role in integrating the actuarial valuation function and results into pricing processes; assure the continual improvement of valuation processes through effective business process management; establish and maintain an effective control environment, both financial and operational.  Strong collaboration and engagement with the business unit CFOs and valuation teams will be essential to assure appropriate controls are in place.  FSA, FCIA or equivalent with 10+ years in an insurance company financial actuarial role, preferably reinsurance . Salary $open. (PR5069*)
Category: Life
Credential: FSA
Region: - Please Select a Region -
State: - Please Select a State -
Country:
Year of Releated Experience: ~
Salary: ~
Contact: Pauline Reimer
paulinepryor@aol.com
516 935 0100 x307
516 931 7842
Reference ID: PR5069

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