Actuarial Services Director jobs in Rio Rancho, NM

Actuarial Services Director directs the activities of an organization's actuarial function. Oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Being an Actuarial Services Director develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Designs processes and guidelines to ensure regulatory compliance of products and financial operations. Additionally, Actuarial Services Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Actuarial Services Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Director, Audit Services
  • PNM Resources, Inc
  • Albuquerque, NM FULL_TIME
  • DEPARTMENT

    Department: Audit Services

    Hiring Manager: Lisa Eden

    JOB DESCRIPTION

    Director, Audit Services
    Salary Grade: G02
    Minimum Midpoint Maximum
    $131,698 - $184,377 - $237,057

    This position is open until filled.

    Given the financial nature of this position, this position has been defined as a position requiring a credit check. Prior to being hired, promoted, or transferred into the position, the candidate must successfully pass a credit background check.

    SUMMARY:

    Provide leadership, strategy and planning for all internal audit activities across PNM Resources and its subsidiaries. Aligns internal audit plans with strategic objectives and with the enterprise risk management program to provide holistic solutions and policy proposals. Examines and analyzes accounting records to determine the financial status of the organization and prepares financial reports concerning operating procedures.

    ESSENTIAL DUTIES AND RESPONSIBILITIES:

    • Responsible for overall preparation and execution of a risk-based audit plan to assess, report on, and recommend improvements to the company's key operational and finance activities and testing of internal controls
    • Supports the Audit Committee of the Board of Directors in assessing the quality of financial reporting, effectiveness of internal controls, and the application of accounting principles
    • Assesses internal processes for determining and managing risk areas
    • Assist the business in driving continuous improvement in quality and execution by providing unbiased insight and recommendation to management, including value-added activities through operational or financial audits
    • Evaluates the independence, objectivity, and effectiveness of the external auditors. Coordinates direct assistance, if applicable, with external auditors, and serves as main liaison on SOX program with external auditors partners and senior managers
    • Supports the Management of the Company in suggesting improvement in operations and business processes through benchmarking and establishment of best practices. Promotes a culture of integrity through communication and collaboration with all internal and external stakeholders
    • Identifies control issues in early stages before they become problems
    • Improves the cycle time and the number of special projects undertaken by audit groups to serve their customers Improves the perceived value of audit to the Company
    • Mentors high performance professionals in preparation for taking key positions within the Company

    COMPETENCIES:

    • Demonstrated experience in business planning, organizational and operational planning, performance management, and benchmarking
    • Demonstrated ability to be proactive, rather than reactive to problem situations
    • Demonstrated creativity and innovation in solving problems and making processes more efficient Demonstrated willingness to lead the change process
    • Demonstrated interpersonal skills to communicate, sell ideas, and motivate
    • Proven leadership, managerial, and motivational ability in constantly changing management
    • Detailed knowledge of process analysis, quality improvement, and project management Demonstrated judgment and ability to make sound people, business, and technical decisions

    QUALIFICATIONS

    MINIMUM EDUCATION AND/OR EXPERIENCE:

    • Bachelor's degree from four-year college or university with seven to nine years related experience including four years of management experience, or equivalent combination of education and/or experience related to the discipline.
    • Master's degree preferred.

    CERTIFICATES, LICENSES, REGISTRATIONS:

    • CPA, CMA, CIA, or CFA preferred.

    SUPERVISORY RESPONSIBILITIES:

    • Manages, directs, coaches, supports, delegates, and develops a diverse, high-performance group of professionals. Monitors and coordinates the work and performance of external accountants and auditors.

    COMMUNICATION SKILLS:

    • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
    • Ability to write complex reports, business correspondence, and procedure manuals
    • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public

    MATHEMATICAL SKILLS:

    • Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry
    • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations ANALYSIS AND PROBLEM-SOLVING ABILITY:
    • Ability to solve complex practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

    COMPUTER SKILLS:

    • Working knowledge of database software, inventory software, spreadsheet, and word processing software.

    PHYSICAL DEMANDS:

    • While performing the duties of this job, the employee is regularly required to sit up to 2/3 of the time. The employee must occasionally lift and/or move up to 10 pounds.

    WORK ENVIRONMENT:

    • Office environment.
    • Employees in Services Company may be responsible for providing services to various holding company subsidiaries and affiliates.

    EQUAL OPPORTUNITY STATEMENT

    Safety Statement:
    Safety is a core value at (PNMR/PNM/TNMP) and our vision, “everyone goes home safe”, reflects our commitment to promoting an environment conducive to learning, improving and building safety practices. Our safety value is built upon the belief that every employee deserves to work in an environment free from harm.

    Americans with Disabilities Act (ADA) Statement:
    PNM Resources is committed to providing reasonable accommodations for qualified individuals with disabilities in compliance with the ADA. If you require assistance with the job application process due to a disability, please contact HR ADA Analyst, at 505-241-4627.

    DEI Statement:
    At PNM Resources, we value the diversity of our workforce and actively seek opportunities for incorporating Diversity, Equity, and Inclusion (DEI) within our family of companies. We believe a diverse workforce enriches our environment and helps us better meet the needs of our employees, customers, and shareholders. We remain committed to attracting and sustaining a diverse workforce and retaining high-performing employees who work collaboratively to carry out the Company's purpose.

    PNM Resources and affiliates are Equal Opportunity/Affirmative Action employers. Women, minorities, disabled individuals and veterans are encouraged to apply.

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Environmental Services Director
  • CRH
  • Albuquerque, NM FULL_TIME
  • Job Description Aramark Healthcare is seeking an Environmental Services Director to join their team at Presbyterian Hospital in Albequrque, NM. The Environmental Services Director is responsible for o...
  • 1 Day Ago

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Social Services Director
  • Belen Meadows Healthcare and Rehabilitation Center
  • Belen, NM FULL_TIME
  • Genesis HealthCare is one of the leading providers of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. Why Genesis? We imp...
  • 11 Days Ago

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Director of Clinical Services
  • New Mexico Behavioral Healthcare
  • Albuquerque, NM FULL_TIME
  • POSITION SUMMARY Reporting to the Administrator/CEO, working closely with a multidisciplinary team - the Medical Director, Director of Nursing-DON, and executive management, manages and oversees behav...
  • 14 Days Ago

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Food Services Director
  • Five Star Senior Living
  • Albuquerque, NM FULL_TIME
  • The OpportunityWe are looking for a Dining Service Director to join our team. The Dining Service Director has the responsibility for leading the dining service team members toward client satisfaction ...
  • 1 Month Ago

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Director, Behavioral Health Services
  • UNM Medical Group
  • Albuquerque, NM FULL_TIME
  • The UNM Medical Group, Inc. is hiring for a Director, Behavioral Health Services. This opportunity is a part-time day shift opening located in Albuquerque, New Mexico. We are open to a schedule of 1-3...
  • 1 Month Ago

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0 Actuarial Services Director jobs found in Rio Rancho, NM area

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Claims Adjuster
  • New Mexico Self-Insurers' Fund
  • Albuquerque, NM
  • Job Description Job Description The New Mexico Self-Insurers Fund is seeking an experienced Claims Adjuster to perform a...
  • 4/26/2024 12:00:00 AM

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Licensed Life Insurance Agent - Join Our Winning Team!- Remote
  • The ABN Financial Group
  • Albuquerque, NM
  • Job Description Job Description Licensed Life Insurance Sales Agents- Get Started Now! Do you want to work a schedule th...
  • 4/26/2024 12:00:00 AM

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Insurance Broker
  • Inszone Insurance Services
  • Albuquerque, NM
  • Job description Job description – Personal Lines Specialist Inszone Insurance Services is an independent insurance agenc...
  • 4/25/2024 12:00:00 AM

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INSURANCE AGENT - REMOTE
  • The Slaton Agency
  • Albuquerque, NM
  • Are you looking to take your career in a new direction or are you already a licensed insurance agent? At The Slaton Agen...
  • 4/25/2024 12:00:00 AM

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Insurance Sales Representative
  • Erin Kirk Farmers Insurance
  • Rio Rancho, NM
  • Job Description Job Description No Insurance License needed, we will pay for your classes and help train. Are you passio...
  • 4/24/2024 12:00:00 AM

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Insurance Marketing Sales Director
  • Advantage Group
  • Albuquerque, NM
  • If you're Awesome, We Want You! Advantage Group is in search of a Leader, an Entrepreneur, an Innovator, a Game Changer ...
  • 4/24/2024 12:00:00 AM

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URGENT OPENING || INSURANCE PROFESSIONAL || ENTIRELY REMOTE
  • The Faulkner Agency
  • Albuquerque, NM
  • Are you tired of feeling like youre on an island? Are you constantly looking for support where there is none? Are you fe...
  • 4/24/2024 12:00:00 AM

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Assistant Director, Small Commercial Product Management - Central Division (Remote Opportunity)
  • The Hartford
  • Albuquerque, NM
  • Assistant Director, Small Commercial Product Management - Central Division (Remote Opportunity) page is loaded Assistant...
  • 4/23/2024 12:00:00 AM

Rio Rancho (Spanish: Río Rancho) is the largest city and economic hub of Sandoval County in the U.S. state of New Mexico. A small portion of the city extends into northern Bernalillo County. It is the third-largest and also one of the fastest expanding cities in New Mexico. As of the 2010 census, Rio Rancho had a population of 93,820. Rio Rancho is part of the Albuquerque Metropolitan Statistical Area. Rio Rancho is located at 35°17'10" North, 106°40'14" West (35.286185, -106.670660). It lies in the Albuquerque Basin to the west of the Rio Grande, which bounds the northeast corner of the city....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Services Director jobs
$276,246 to $388,069
Rio Rancho, New Mexico area prices
were up 2.5% from a year ago

Actuarial Services Director in Spokane, WA
Responsible for stat and federal filings including actuarial certification.
December 28, 2019
Actuarial Services Director in Lafayette, LA
JOB SUMMARYThe Manager of Actuarial Services will serve under the general direction of the VP of Finance and is responsible for supervising, gathering and evaluating membership claims and premium data for ratemaking, budgeting, benefits, trends, provider networks, etc.
December 26, 2019
Actuarial Services Director in Grand Forks, ND
Applying probability and statistics to the practical problems of insurance, our actuarial team performs a variety of duties, including calculating the cost of premiums and policy values, preparing statistical studies, and forecasting financial results.
February 20, 2020