Top Actuarial Executive provides leadership, innovation, and oversight to an organization's actuarial function. Develops policies, procedures, and formulas to guide statistical analysis and actuarial research and accurately evaluate the likelihood and financial impact of various risks. Being a Top Actuarial Executive ensures policies and procedures are implemented effectively to ensure regulatory compliance of all financial operations and products. Responsible for the strategic planning and oversight of product development. Additionally, Top Actuarial Executive establishes profitability targets and regularly reviews product rates, premium levels, and rating systems to evaluate effectiveness and measure performance against targets. Reviews and validates financial statements, regulatory filings, and other financial projections before publishing or submitting. Communicates with marketing and other key stakeholders to present rating structures and systems and ensure adequate understanding of products. 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 top management. The Top Actuarial Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Actuarial Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
About Our Client
The client is a multi-branch, family-owned enterprise with a century-long history, primarily based in CT, and operating across Connecticut and Rhode Island. They focus on long-term commitment, seeking employees dedicated to vertical construction and having a team of approximately 100 individuals in this sector. Their strong reputation places them in competition with major industry players and they prefer candidates committed to long-term career paths rather than short-term roles. Known for their resilience during economic downturns, particularly thriving in federally funded projects, they offer stable employment even in uncertain market conditions.
Job Description
The Project Executive will be responsible for:
The Successful Applicant
The Right Project Executive will have:
What's on Offer
Whats to Offer: