Job Description
Job Description
This role is a hybrid role working partially in-office and from home.
At Ameritas, our mission is Fulfilling Life. We do that in many ways, but especially by helping people invest in themselves by offering trusted financial products and advice. Because we believe everyone should be happy, healthy, and financially secure, we work hard to provide trusted financial products and valued guidance, including individual life and disability insurance, employee benefits, retirement planning, investments, and wealth management services.
Ameritas is looking for our nextVice President, Actuarialto join our Corporate Actuarial valuation team.In this role, you will be responsible for leading a team handling experience studies and assumption management for most lines of business as well as, statutory, tax and GAAP valuation for annuity and disability income business.
What you do
Provide leadership in delivering:
Responsible for the following with regard to defined areas:
Take initiative to:
What you bring
What we offer
An Equal Opportunity Employer
Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we're committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.
Company Video
CLICK HERE to watch a video about being an Actuarial at Ameritas
This role is a hybrid role working partially in-office and from home.
At Ameritas, our mission is Fulfilling Life. We do that in many ways, but especially by helping people invest in themselves by offering trusted financial products and advice. Because we believe everyone should be happy, healthy, and financially secure, we work hard to provide trusted financial products and valued guidance, including individual life and disability insurance, employee benefits, retirement planning, investments, and wealth management services.
Ameritas is looking for our nextVice President, Actuarialto join our Corporate Actuarial valuation team.In this role, you will be responsible for leading a team handling experience studies and assumption management for most lines of business as well as, statutory, tax and GAAP valuation for annuity and disability income business.
What you do
Provide leadership in delivering:
- Annuity and disability income valuation:
- Timely and accurate financial information.
- Quarterly statutory, tax and GAAP reserves and GAAP DPAC balances; and analysis of those results.
- Required regulatory actuarial information needed for year-end filings, tax reporting, surveys, state exams, IRS exams and other similar requests.
- Assumptions related to life, annuity, and disability income business:
- Experience studies and analysis of results
- Assumption proposals
- Assumption repository
- VM-50 experience reporting
- X-factor analysis
Responsible for the following with regard to defined areas:
- Collaboration with other Corporate Actuarial areas, internal product and risk-analysis actuaries, accountants, auditors, management, and other associates, as well as external rating agencies, auditors, and regulators.
- Review, understand and implement new and existing valuation requirements.
- Implement appropriate controls and documentation.
Take initiative to:
- Improve on existing valuation processes and controls. Conform valuation practices, procedures, and philosophies, where appropriate
- Successfully complete special projects as directed by senior leaders.
What you bring
- Bachelor's degree or equivalent work experience.
- 10+ years of actuarial experience required.
- Fixed indexed annuities experience strongly desired.
- Associate or Fellow of the Society of Actuaries designation.
- Member of the American Academy of Actuaries.
- 4-7+ years of strong leadership or people management experience with a proven track record of developing and upskilling teams
- Advanced knowledge of insurance products and concepts, actuarial theory and techniques, and regulation of the insurance industry.
What we offer
- Our company motto is "Fulfilling Life" and we take that job seriously, with a heavy commitment to volunteering and community support, employee well-being, and providing quality products and services that help our customers create a brighter future.
- Being a mutual-based organization, the return on our investment goes back into the company, to benefit our members/customers.
- We're committed to professional development, opportunity, inclusion, and diversity. Team building and collaboration are also priorities.
- A total rewards package with all the comprehensive health and welfare benefits you'd expect, including competitive pay and incentives, 401(k), flexible work schedules and time off to care for yourself and others.
- Additional popular benefits, including tuition reimbursement, and student loan repayment, an incentivized well-being program, adoption assistance, paid time off for volunteering, training, and career development opportunities.
An Equal Opportunity Employer
Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we're committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.
Company Video
CLICK HERE to watch a video about being an Actuarial at Ameritas
Date Posted
10/03/2022
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