Manager, Actuarial

Employer
Assurant
Location
Miami, Florida
Salary
Not Specified
Posted
Aug 24, 2019
Closes
Oct 23, 2019
Ref
R-83573#GIJ--Assurant.1
Category
Actuary
Job Type
Not Specified
Career Level
Not Specified

Assurant has an exciting opportunity for Manager, Actuary!

The Manager, Actuary plans, organizes, and manages a team of entry to senior-level staff who support various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide highly complex analysis and techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. This role is expected to also participate in the department’s rotational program, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite. The Actuarial Manager generally reports to the Director, AVP or VP of Actuarial.

Primary Job Accountabilities:

Responsibilities

  • General: Contributes to the decision-making and implementation process for enterprise and department goals. Is objective and adjusts goals and projects based on assessment of overall operational performance. Serves as SME on cross functional teams to bring actuarial support to business strategy scope. Evaluates and continuously modifies and improves Actuarial processes and procedures to improve operating performance and productivity. Articulates employee performance standards and periodically reviews these standards with their teams.
  • Deal Structuring/Product Pricing: Supports various actuarial pricing functions including rating/filing new programs and designing/completing pricing analysis. Leads team’s processes on providing actuarial data needed for client renewals/deal re-contracting; responding to state interrogatories related to product filings; managing client and product profitability, rate development, and discounted cash flow analysis on new deals. Supports entire filing process from filing and transmittals through interrogatories through implementation and coding support. Designs and creates standard reports including client QBRs, rate reviews, frequency/severity reports, early warning reports, etc.
  • Modeling: Completes modeling process related to pricing models and other related functions.
  • Financial Planning/Forecasting: Completes actuarial deliverables in support of the planning processes related to attritional loss ratio selections and earnings patterns.
  • Data and Technology: Has the awareness of various Finance and Actuarial source systems, and how the data is stored and accessed. Provides insight to the design, development, and maintenance of new administration and financial systems impacting Actuarial. Leads data stewards on team; identifies opportunities to leverage advancing technologies that can improve data quality and systems efficiency, producing deeper analysis, enhancing visualization and business reporting and eliminating data issues.
  • People: Creates tactical goal plans that will help reach department’s overall strategic goals. Defines team roles and prioritizes project demands and resources, including ad-hoc business needs. Ensures performance feedback is documented & cascaded timely. Provides balanced opportunities for staff to complete exam certification through the Actuarial Professional Training program.
  • Education: Remains compliant with continuing education requirements. Stays abreast of advances in the field(s) of Actuarial Science and insurance, and data. Understands the marketplace in which Assurant operates. Applies this knowledge to specific decision related responsibilities.
  • Responsibility for work of others: Generally, leads a team of 4-6 entry to senior-level actuaries and/or analysts, including those supervising staff.
  • Financial Responsibility: Duties related to Financial Planning/Forecasting as indicated above.

Qualifications/Requirements:

  • Bachelor’s degree in Mathematics, Actuarial Science, or related field
  • Minimum of 10 years of overall experience.
  • Minimum of 10 years of progressive responsibilities in an actuarial role, including leading projects, processes, and staff.
  • Must be an Associate or Fellow of the Actuarial Society (CAS/SOA/CIA/IFoA).
  • Has broad and deep expertise in actuarial concepts and product knowledge in multiple LOBs.
  • Advanced to Expert proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).
  • 5 – 20% Travel

Preferred Experience, Skills, and Knowledge

  • Bachelor’s degree in Mathematics, Actuarial Science, or related field
  • Minimum of 10 years of overall experience.
  • Minimum of 10 years of progressive responsibilities in an actuarial role, including leading projects, processes, and staff.
  • Minimum of 4+ years' auto and/or homeowners pricing experience
  • Must be an Associate or Fellow of the Actuarial Society (CAS/SOA/CIA/IFoA).
  • Minimum of 1-2 years of post-designation experience preferred
  • Has broad and deep expertise in actuarial concepts and product knowledge in multiple LOBs.
  • Advanced to Expert proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).
  • Serves in leadership role in collaboration efforts with peers from other departments in the organization. Understands department’s role & scope during planning phases of a project and articulates appropriate level of assumed support.
  • Lead as project manager on highly complex projects, developing scope and requirements for completion. Meets with project stakeholders.
  • Has strong ability to use delegation and cross-training to create more reliance on team for core work responsibilities, while minimizing key dependencies
  • Understands best ways to communicate messages to audience that will maximize impacts.

Benefits and Value Proposition

  • We offer a competitive salary and comprehensive benefits to full time and part time employees including medical, dental, STD, LTD, life insurance, 401(k), generous paid time off and much more.
  • We strive to maintain a professional, yet friendly environment and promote professional and career development for our employees.
  • Assurant is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

To learn more about our current opportunities and apply online, please visit: http://www.assurant.jobs < http://www.assurant.jobs/ >

Follow us on Twitter! http://twitter.com/AssurantCareers < http://twitter.com/AssurantCareers > (@AssurantCareers)

DISCLAIMER

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.


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