The Chinese Actuarial - Career Opportunities

Director, Life Financial Planning and Analysis opening in Southeast. Plan and direct the annual budget/financial planning process for Domestic Life business; direct quarterly reforecast for regulatory projections; develop, document, and communicate assumptions underlying financial projection with linkage to embedded value and Value of New Business (VNB) models; communicate key drivers of financial projections to Senior Management; identify key risks to projected earnings and VNB; explain actual/expected results vs. Budget/Reforecast projections for monthly Life earnings review meetings; perform quarterly earnings analysis; identify one-time financial events to normalize reported earnings; prepare quarter-quarter and year-year rollforwards for Corporate earnings call to explain movements from prior period earnings; perform quarterly review of renewal premium to ensure alignment of premium recognition and valuation processes; review quarterly calculation of excess retro experience refund with communication of results to retrocession pool participants; responsible for Domestic Life mortality and lapse experience analysis; publish new study releases semi-annually; perform mortality review for captive reinsurance agreements with each new study release; recommend changes to assumptions underlying economic reserves and capital as appropriate and communicate financial impacts to Management; work with product line to effectively utilize experience study data in pricing new deals and for other business applications; perform inforce management duties; develop framework for periodic review of top clients and large deals; perform annual YRT performance review to identify potential targets for remediation; work with Executive Management and Operations to resolve client negotiations pertaining to YRT rates increases, treaty recaptures, and reinsurance administration issues; work with Law & Contracts to resolve litigations and client disputes. Ideal Candidate will be an FSA; have 7-15 years of actuarial experience, preferably in a reinsurance environment; Statutory, GAAP, and tax reporting experience. Good knowledge of FAS60 and FAS97 accounting requirements. Salary $open. (PR5198)