| Description: |
AVP/Direct Marketing Actuary opening in New York. Responsible for ensuring profitable growth of international direct marketing life and health business conducted worldwide. Manage creation and maintenance of profitability models for direct distribution channels; work with other actuaries, underwriters and marketing heads to ensure adoption; oversee process to grant direct marketing spend authority to regional marketing managers; develop financial models to support growth of new sales entities with distinct distribution and underwriting revenues across multiple lines of business; provide financial modeling support to specific segment strategies as part of the firm initiative; manage creation of quarterly profitability review of direct marketing; supervise and conduct analysis of programs and business cases. Analyze profit, persistency, loss and expense ratios; supervise deployment of P&L models into campaign planning tool provided to marketing staff; assist profit center actuaries and accountants in implementation of policies for capitalizing and amortizing direct marketing expenses; specify and oversee implementation of lapse analysis and reporting tools into database marketing platform; work with data mining staff to improve product targeting and sequencing to customers and partner’s customers; work collaboratively to develop and implement customer-level lifetime value models; train and mentor junior actuarial staff; develop a working knowledge of the in-country insurance regulatory environment; develop a strong working knowledge of direct marketing insurance products and pricing across global markets; deepen knowledge related to direct marketing campaign activities/tactics including channels, database segmentation and predictive modeling, campaign execution, fulfillment, cross-sell. FSA with 6+ years experience in an actuarial function. Salary $open. (PR5281*) |