The Chinese Actuarial - Career Opportunities

Life Actuarial opening in Connecticut. Play a key role on many interesting valuation and financial reporting projects such as quarterly Reserve reporting – Statutory and tax policy reserves are calculated in accordance with regulations such as UL CRVM, XXX, Actuarial Guideline 37 (VUL GMDB Reserves), Actuarial Guideline 38 (AXXX Reserves), Regulation 147, and many others; quarterly Deferred Acquisition Cost (DAC/URR/SOP 03-1) reporting – DAC for UL and VUL falls under the guidelines of SFAS 97; play intricate role in the quarterly projections of the inforce and recalculations of the DAC/URR and K% and U% factors, analyze recoverability and loss recognition testing; annual asset adequacy analysis which includes cash flow testing for the universal life and variable universal life blocks of business; respond and plan for new laws and regulations such as Principles Based Reserves, Principles Based Capital (C-3 Phase 3), Emerging International Accounting Standards and Fair Value Accounting; Sarbanes Oxley – maintain and improve control structures for all activities. This position is very visible to senior management. Actuarial Student with 4+ SOA exams and 2+ years of relevant actuarial experience in the valuation of life insurance products (Universal Life or Variable Universal Life experience would be ideal). Salary $open. (PR5209)