- Lead the special projects for the LA UL and Con solidated UL blocks of business and models such as testing and developing model results, interpreting and communicating results, and coding up complex model changes involving non-routine transactions and factors of the business such as captive and reinsurance agreements, riders, and ReSTOLI .
- Performs actuarial modeling and analyses to assist in the valuation of the LAUL block, including preparing and analyzing quarterly and annual results and assisting in earnings presentations with management.
- Provides reports and analyses to management on persistency and mortality experience for various product lines, reserve adequacy, risk management information, or various other similar items .
- Modernize and maintain current documentation of the LAUL modeling processes, including quarter end, unlocking, and cash flow testing.
- Continue to a dapt to the new accounting regime (IFRS 17 ).
- Assist as needed with financial analysis related to the LAUL product line.
- Maintains thorough documentation of actuarial research and analyses.
- May represent the company on industry and professional committees and/or with regulators.
- S upervise a small team of employees.
Qualifications
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science , Mathematics, Statistics, Economics or related field and 6 years of relevant experience.
- In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience.
- In lieu of FSA will accept ASA or equivalent professional designation and 10 years of relevant experience.
- Demonstrates high quality leadership, judgment, organization and prioritization skills.
- Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
- Works well under pressure and within time constraints to effectively accomplish individual and team objectives .
- Excellent computer skills.
Preferred Qualifications
- Experience using GGY Axis and MoSes.
- Programming skills including SQL, VBA, and Alteryx.
- Strong communication skills, both verbal and written.
Working Conditions
- Normal office environment.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.* *
The Salary for this position generally ranges between $130,000 - $155,000. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
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Aegon
Aegon is a prominent global leader in the insurance and financial services industry, with a strong presence in over 20 countries. With a rich history spanning more than 175 years, Aegon has established itself as a trusted provider of innovative and reliable solutions to meet the diverse needs of its customers. As an actuary at Aegon, you will be an integral part of a dynamic team that drives the company's success through comprehensive risk assessment and management. Aegon values the expertise and insights of its actuaries, who utilize advanced analytical tools and methodologies to evaluate risks, develop pricing strategies, and ensure the financial stability of the company. With a diverse portfolio encompassing life and health insurance, retirement planning, and asset management solutions, Aegon offers actuaries a wide range of opportunities to apply their skills and make a meaningful impact. Collaborating with talented professionals, you will work on complex projects and contribute to the company's growth. Aegon is committed to nurturing professional development and provides actuaries with ongoing training and support to enhance their skills and expertise. The company fosters a culture of innovation, encouraging employees to bring forth fresh ideas and drive positive change. Join Aegon's esteemed actuarial team and embark on a fulfilling career where you can contribute to the financial security and well-being of individuals and businesses worldwide. Experience a stimulating work environment, competitive benefits, and the opportunity to shape the future of the insurance industry.