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Financial Actuary - MEASA

ALICO

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Job Snapshot

Location:

Wilmington, DE 19801 ( map it!

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Employee Type:

Full-Time

Industry:

Insurance

Manages Others:

Not Specified

Job Type:

Accounting
Finance
Insurance

Education:

4 Year Degree

Experience:

Not Specified

Travel:

None

Post Date:

11/6/2009

Contact Information

Ref ID:

PCK333-122204

Description Highlights

Job ID: SS FA MEASA

Position Type: Full Time - Regular

Location: DE-Wilmington (downtown)

Relocation: No

Requirements:

Fellow of the Society of Actuaries, with minimum of 5 years actuarial experience in the individual life and A&H areas

College graduate. Major in actuarial science, mathematics, business/accounting or computer science preferable

Strong analytical, organizational, and planning skills.

Very good oral and written communication skills

Polysystems, SAS, and ALFA or other modeling software knowledge a plus

Education: Bachelors

Experience: 6-9 years

Description:

Valuation, ALM, and actuarial analysis support for the MEASA Region. Specific functions include the following

Support all aspects of financial reporting for the Middle East Region, especially in regard to GAAP Financial Statements, Actuarial Opinions, professional standards, and regulatory compliance. Prepare, review, and analyze various actuarial items for territories in the region

Review and recommend appropriate methodologies and assumptions for new products and special product features. Oversee implementation

Perform recoverability analysis. Review and analyze expenses and revenue deferrals

Ensure the integrity of the valuation process and results produced

Assist with the preparation of actuarial items for territorial budgets in the region

Provide an actuarial resource to regional and local offices

Develop and maintain actuarial models for financial projections, profitability analysis, Asset & Liability analysis, and Economic Capital Analysis

Make recommendations to improve financial reporting process for the region

Monitor developments in regulatory requirements and changes in actuarial standards and develop plans for implementation

Maintain process documentation as required under Sarbanes-Oxley. Ensure performance and documentation of controls

This position is located in Wilmington, Delaware. Relocation will be considered on a case by case basis.

About Us:

Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide.

Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America. Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Requirements .

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