Director, Actuary

The Lightstone Group, LLC • New York, NY

4h • Onsite

About The Position

This position provides support to the CEO and the Chief Actuary, including model-building / coding and review, transaction and deal structuring support, pricing / risk analysis, deal information gathering, reserving, US financial reporting, and financial projections. This role requires actuarial expertise, knowledge of actuarial software / coding languages, and the desire to work on a small team to build and grow a new business.

Requirements

• Strong actuarial software knowledge
• Strong knowledge of Statutory and US GAAP valuation
• Recent FSA or similar level
• 5 - 10 years of experience in relevant actuarial roles
• Strong analytical and technical skills
• Willing to work full-time in office environment
• Strong Excel skills
• Able to work well in a small-team environment – ability to work at multiple levels
• Excellent communication skills required
• Attention to detail – highly organized
• Flexible, ability to multi-task, and handle changing priorities
• Self-motivated
• Passionate about personal and company growth
• Comfortable with broadly defined role; ability to meet timelines

Nice To Haves

• Experience with Fixed Indexed Annuities, Multi-Year Guaranteed Annuities, and/or Traditional Life Insurance preferred but not required
• Reinsurance work experience is preferred
• Knowledge of programming languages e.g., Python, R is a plus
• Knowledge of SQL, VBA is preferred

Responsibilities

• Model of proposed and existing transactions
• Assist with pricing / underwriting new transactions
• Support financial reporting including reserving and financial planning – Cash, GAAP, Stat
• Manage monthly reinsurance settlement process – client correspondences
• Liaise with the DB engineers to improve the settlement process
• Help build reports for internal and external audiences – senior management, Board of Directors, rating agencies, regulators, etc.
• Liaise with Accounting team on valuation of assets and liabilities and help ensure coordination amongst actuarial, accounting, and investment teams
• Liaise with the Investment team to provide projected cash flows and reserves for ALM and liquidity management

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed