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Sr. Actuarial Analyst II

Dearborn, MI · Accounting/Finance
Position Overview:
Develops and uses analytic models and assessments to develop comprehensive risk appetite and tolerances throughout the organization.  Applies diverse risk analysis methodologies across a variety of businesses, products and companies to solve complex and/or undefined risk and return requirements.
 
Responsibilities:
  •  Analyzing the future risks and opportunities of various products/business lines, translating results into risk and return requirements
  • Quantifying risk across products, business units and companies using strong business risk analysis skills and understanding, and industry best practices
  • Educating business leaders and risk area owners on risk adjusted return and risk adjusted capital analyses
  • Applying innovative and analytical approaches to draw conclusions and make recommendations for risk appetite, risk tolerances, capital allocations and returns on allocated capital
  • Translating recommendations into communication materials to effectively present to colleagues for peer review and management
  • Producing advanced analytical material for discussions with representatives from various business units/product owners to understand business objectives and influence strategies
  • Assisting in model risk management activities.  
 
 
Preferred Qualifications:
  • Master Degree in Mathematics, Actuarial Science, Statistics or related field.
 
 Enterprise Risk Management:
  • Experience within the Enterprise Risk Management function in the financial services industry
  • Professional Designation such as: Certified Financial Analyst (CFA), Chartered Enterprise Risk Analyst (CERA), Financial Risk Manager (FRM), etc.
  • Knowledge of NAIC ORSA, Solvency II, Basel, and broader insurance and banking regulatory environment
  • Professional Designation such as: Certified Financial Analyst (CFA), Chartered Enterprise Risk Analyst (CERA), Financial Risk Manager (FRM), etc.
  • Knowledge of NAIC ORSA, Solvency II, Basel, and broader insurance and banking regulatory environment
 
 Required Qualifications:
Education:
  • Bachelor's degree in Mathematics, Actuarial Science, Statistics or a related field. 
  • Successful completion of five or more actuarial examinations and a minimum of four or more years of experience in an actuarial environment.
  • Maintain eligibility in the Actuarial Professional Development Program following department guidelines.
 
Extensive Experience in/with:
  • Coordination and execution of projects
  • Use of statistical tools and software applications to complete assignments
  • Preparing reports and exhibits for senior management review
  • Analysis of technical studies and data and draw sound conclusions
  • Modeling and complex quantitative analysis resulting in sound recommendations
 
Knowledge and Skills/Ability to:
  • Make oral presentations to business units and management
  • Represent the department on interdepartmental teams
 
Experience in four or more of the following:
  • Preparing quarterly rate indications
  • Formulating and interpreting mathematical rate making models
  • Preparing property and casualty rate filings
  • Preparing competitive product and rate comparison analysis reports
  • Calculating reserves
  • Pricing property and casualty insurance products
  • Completing actuarial research relating to insurance operations
  • Developing, improving and maintaining economic capital models
  • Completing actuarial research related to insurance operations
  • Incorporating economic scenario generators into asset modeling
  • Analyzing and interpreting catastrophe model output
  • Modeling of financial risks, including credit, market, liquidity, and operational risks
  • Developing, obtaining buy in for, and monitoring risk appetite and tolerances for business units, products and/or risk areas       
 
 
April A. Estes
ProEnlist, LLC
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Please do NOT email the recruiter.  Applications are only accepted via the apply link.
C2C Not Available for This Position




 
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