***This position may be fully remote, however, preference will be given to candidates that are able to report to the Wilmington, DE or on the East coast of the US***
-Analysis of valuation results involves comparing the actual to expected results in all of the sources (investments, mortality, expenses, new business, ledger cashflows, economic environment changes, etc.).
-Proficiency in Microsoft Office (Excel, Access, Word, PowerPoint, etc.)
-Strong technical and analytical skills, and strong written and verbal communication skills.
Main Experience, Skills and Competencies:
1. Actuarial experiences in life insurance valuation, financial reporting or modelling;
2. Deep knowledge of VA
3. US GAAP knowledge and experiences;
4. Pathwise / Python experience is nice to have.
5. ASA or higher credentials; (ASA to FSA or higher)
6. Proper work authorisation to work in the U.S.
7. Will also consider degrees in Math, Finance, Accounting or equivalent field or work experience in actuarial services
Additional Experience, Skills and Competencies:
-Familiar with how to measure and project expected changes in the economic environment on both assets and liabilities.
-Familiarity with GAAP, Stat, EC, tax, and EV accounting systems is required and must be comfortable with reading financial statements.
-Familiarity with insurance products, with pricing, with statutory accounting, with RBC, with I--Investments achievable rates processes.
-Understand sources of earnings, including one-time impacts.
-Understand statistical concepts like correlation, variance, and implied volatility.
-Risk measurement experience is a plus.
-Valuation experience with analysis of reserve roll-forwards is a plus.
-Familiarity with ledger and reserve repository is a plus.
-Presentation and writing skills are important, as must communicate explanations for actual to expected variances to a broader audience.
-LRT and/or CFT experience is helpful.
Nice to have:
-Work experience in finance-change programs where new systems have been implemented in an organisation
-At least three years working in a roles relating to auditing, financial reporting, controls, and/or data management and reconciliation.
-Previous experience with analysis of EV Results
-Prior experience with foreign currency reporting, the implementation of a new general ledger, and providing evidence for SOX controls on account balances are preferred.
-Experience using MATLAB