VP Actuary - Valuation Policy and Standards
About The Position
The VP Actuary - Valuation Policy and Standards leads, manages, and oversees valuation, financial actuarial, analytical, and assumption-management processes and governance. The role fosters rigorous financial reporting integrity through accountability, transparency, consistency, and constructive challenge, and engages with technical accounting, finance, investor relations, internal controls, external actuarial consultants, and external audit on valuation matters. The position leads corporate valuation governance in collaboration with senior actuaries across business units and RGA offices, directs global assumption governance, and develops enhanced valuation governance, including expanded quarterly reviews of key metrics under multiple reporting bases. It also serves as a key contact for corporate functions, maintains an enterprise community of practice, provides global valuation insight and guidance, and leads or contributes to Global Valuation Policies covering accounting and statutory requirements. Management responsibilities include hiring, training, evaluating, coaching, and disciplining direct reports, as well as mentoring associates and supporting their development.
Requirements
- Bachelor’s degree in Math, Finance, Statistics, Actuarial Science, or a related field.
- Fellowship in the Society of Actuaries (FSA).
- Membership in the American Academy of Actuaries (MAAA).
- 10+ years of experience in life or health insurance or reinsurance.
- 5+ years of experience in financial reporting and/or a related analytical role involving mortality- and/or morbidity-based products (GAAP, Stat, Tax).
- Broad understanding of reinsurance product designs, pricing, administration, accounting, and valuation requirements.
- Understanding of the bases behind assumptions that drive reinsurance pricing and valuation.
- Advanced PC skills and understanding of actuarial systems, including spreadsheet, database, and actuarial projection tools.
- Highly advanced actuarial technical skills and ability to detect and explain sources of variation from expectations in terms of key drivers.
- Exceptional people-management skills, including the ability to lead, mentor, develop, and delegate responsibility to associates.
- Expert ability to implement organizational change and ensure understanding, participation, and ownership.
- Exceptional oral, written, and presentation skills, with the ability to communicate meaningfully to stakeholders and team members.
- Highly advanced ability to adapt new methods and work under tight deadlines and stressful conditions.
- Expert skills in managing multiple projects and/or sub-teams simultaneously.
- Highly advanced ability to make timely, effective decisions and achieve results through strategic planning and implementation and evaluation of programs and policies.
- Highly advanced ability to implement organizational, divisional, and/or departmental vision and goals through leadership, collaboration, creative thinking, focus, and persistence.
- Expert ability to work well within and manage a team.
- Expert ability to foster a teamwork- and customer-service-focused environment.
- Expert ability to liaise with individuals across operational, functional, and technical disciplines.
- Expert persuasion and negotiation skills when resolving issues or problems with internal and external customers.
Nice To Haves
- Advanced degree in a financial-related field.
Responsibilities
- Lead, manage, and direct corporate valuation governance in collaboration with senior actuaries across business units and RGA offices.
- Manage direct reports, including hiring, training, evaluating, coaching, and disciplining; foster an engaged work environment and mentor associates.
- Serve as a key contact for technical accounting, finance, internal controls, investor relations, and other corporate functions.
- Maintain an enterprise community of practice for guidance, feedback, education, training, knowledge sharing, and talent development.
- Develop and lead enhanced valuation governance, including expanded quarterly reviews of key metrics under multiple reporting bases.
- Lead, manage, and direct global assumption governance and assumption management.
- Provide global valuation business insight and guidance by liaising with external actuarial consultants.
- Lead, set standards for, or contribute to preparing and maintaining Global Valuation Policies for accounting and statutory reporting.
- Maintain regular and predictable attendance.
- Perform other duties as assigned.
Benefits
- Annual bonus plan available to all roles.
- Some positions are eligible to participate in a long-term equity incentive plan.
- A full range of health, retirement, and other employee benefits.
- Opportunity to gain knowledge and experience from diverse colleagues around the world.
- Respectful, welcoming environment that fosters individuality and encourages pioneering thought.
- Career potential and global opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
