Financial Actuary - MEASA
Job Snapshot
Location:
Wilmington, DE 19801
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Manages Others:
Not Specified
Job Type:
Accounting
Finance
Insurance
Experience:
Not Specified
Contact Information
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.
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