
Chief Actuarial Officer
1 week ago
Job Summary:
The Head of Actuarial serves as the strategic leader of the actuarial team, providing guidance on pricing, risk management, financial modeling, regulatory compliance, and product development.
Key Responsibilities:
Pricing and Risk Management
- Develop and implement actuarial models to price life insurance products accurately and efficiently.
- Manage and mitigate risks associated with life insurance business, ensuring a stable and profitable portfolio.
Financial Modeling
- Design and develop financial models to analyze business performance and inform data-driven decisions.
- Ensure accurate and timely reporting of financial results, providing transparency and accountability.
Regulatory Compliance
- Stay up-to-date with regulatory changes and ensure compliance with relevant laws and regulations, minimizing risk exposure.
- Collaborate with internal stakeholders to ensure seamless execution of regulatory requirements, maintaining a strong reputation.
Product Development
- Work closely with cross-functional teams to design and develop new life insurance products that meet market demands and exceed customer expectations.
- Provide actuarial input to drive business growth and profitability, leveraging expertise to inform product development.
Requirements:
Experience
- Minimum 8-10 years of experience in the actuarial field, with a proven track record of success.
Skills
- Extensive experience in life insurance pricing, risk management, and actuarial modeling, with expertise in relevant software and tools.
- Proficiency in actuarial software and financial modeling tools, enabling efficient and accurate analysis.
Preferred Qualifications
- Demonstrated experience in an insurance broking is preferred, with a strong network and industry knowledge.
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