Actuarial Analyst Jobs in Delaware

Job Title: Financial Actuary, Latin America Region Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Financial Actuary, Latin America Region Job ID #: SS FinAct LA Location: DE-Wilmington  (downtown) Functional Area: Actuary Company Name: Alico Employment Type: Full Time - Regular Education Preferred: Bachelors Experience Required: 6-9 years Relocation Provided: No Position Description Valuation, ALM, and actuarial analysis support for the Latin America Region. Specific functions include the following: - Prepare, review, and analyze various actuarial items for territories in the region - Review valuation methodology and assumptions, make recommendations as necessary - Assist with the preparation of actuarial items for territorial budgets in the region - Provide an actuarial resource to regional and local offices - Perform Asset Liability Modeling including Cash Flow Testing and Economic Capital Models for the region. Analyze actuarial results compared to projections - Make recommendations to improve the financial reporting process for the region - Monitor developments in regulatory requirements and changes in actuarial standards This position is located in Wilmington, Delaware.  Relocation will be considered on a case by case basis. Position Requirements - Fellow of the Society of Actuaries - College graduate. Major in actuarial science, mathematics, business/accounting, or computer science preferable - Minimum of 5 years actuarial experience in life insurance valuation and financial modeling - Familiarity with Polysystems, SAS, ALFA - Strong analytical skills necessary - Very good oral and written communication skills - Spanish Knowledge a plus About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Job Title: Assistant Actuary Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Assistant Actuary Job ID #: SS - ActProgSprt FS Location: DE-Wilmington Functional Area: Actuary Company Name: Alico Employment Type: Full Time - Regular Education Preferred: Bachelors Experience Required: 6-9 years Relocation Provided: Yes Position Description This position will design and execute studies on mortality, lapse and morbidity experience for Alico's life, annuity, and health portfolio for Latin America and the Middle East. Specific support functions include the following: - Design and execute experience studies on Polysystems / Measure and on Prophet Glean for Latin America and the Middle East - Strengthen experience study methods - Document and compile reports for experience studies for Latin America and the Middle East - Compile Sarbanes Oxley control evidences for experience studies ex-Japan - Collaborate with local actuaries to review and strengthen methodology for experience studies carried out locally This position is located in Wilmington, Delaware.  Relocation will be considered on a case by case basis. Position Requirements - At least 5 years actuarial experience - ASA to near FSA - Experience with valuation and/or experience study systems (Polysystems or Prophet experience a plus) - Strong programming skills, preferably including experience with SAS and Microsoft SQL server or other database - Strong written and oral communications skills This position has student status and is subject to the requirements of the Actuarial Student Program About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Job Title: Deputy Region Head – Financial Actuary – Ireland, UK and Western Europe Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Deputy Region Head – Financial Actuary – Ireland, UK and Western Europe Job ID #: 50990 Location: DE-Wilmington  (downtown) Functional Area: Actuary Company Name: Alico Employment Type: Full Time - Regular Education Preferred: Bachelors Experience Required: 10+ years Relocation Provided: Yes Position Description • Support all aspects of financial reporting for the AGLI and WE region, especially in regard to GAAP Financial Statements, actuarial opinions, professional standards, and regulatory compliance.  Prepare, review, and analyze various actuarial items for territories in the region. • Review and recommend appropriate methodologies and assumptions for new products and special product features.  Oversee implementation.   • Perform recoverability analysis.  Review and analyze expense and revenue deferrals. • Insure the integrity of the valuation process and results produced. • Assist with the preparation of actuarial items for territorial budgets and the region. • Provide an actuarial resource to regional and local offices. • Review and analyze actuarial models for financial projections, profitability analysis, asset and liability analysis and economic capital analysis. • Make recommendations to improve the financial reporting process for the region.   • Monitor developments in regulatory requirements and changes in actuarial standards and develop plans for implementation.   • Maintain process documentation as required under Sarbanes-Oxley.  Ensure performance and documentation of controls. Position Requirements • Major in actuarial science, mathematics, business/accounting or computer science preferable. • 10 years relevant experience in life insurance valuation and financial modeling.  Minimum of 5 years FAS60 and FAS97 GAAP valuation experience. • Strong analytic, organizational, and planning skills. Good communication and interpersonal skills. Prefer prior managerial experience.  Polysystems, SAS, Prophet, or MG-ALFA or other modeling software knowledge a plus. About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Job Title: Assistant Actuary - FAS 60 A&H Life Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Assistant Actuary - FAS 60 A&H Life Job ID #: 50993 Location: DE-Wilmington  (downtown) Functional Area: Actuary Company Name: Alico Employment Type: Full Time - Regular Education Preferred: Bachelors Experience Required: 3-5 years Relocation Provided: Yes Position Description • For FAS 60 products establish standardized worksheets to be shared among all users • Control versions on Spreadsheets and back testing. • Assist in the manipulation of data from the actuaries into the spreadsheets • Complete all Sarbox controls as preparer over spreadsheets. • Conform spreadsheets to required standards specified by Accounting / Audit • Coordinate all accounting entries. • Assist in measurement of current lapse rates for coordination into the budget process of Stat and GAAP projections.   • Assist in the production of bookable estimate. • Assist in regression testing. Position Requirements • Actuarial skills at least ASA level, expertise in spreadsheets, accounting, and system language are preferred. Good organizational skills a must. • Experience in A&H and Life preferred or at least 3 years actuarial experience.  3 years experience in a business environment. • Exposure to FAS 60 products and advanced standardized spreadsheet experience preferable. Good organization skills, system language skills About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Job Title: Director, Actuary - CEE Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Director, Actuary - CEE Job ID #: 50991 Location: DE-Wilmington  (downtown) Functional Area: Actuary Company Name: Alico Employment Type: Full Time - Regular Education Preferred: Masters Experience Required: 10+ years Relocation Provided: Yes Position Description • Support all aspects of financial reporting for the CEE region, especially in regard to GAAP Financial Statements, actuarial opinions, professional standards, and regulatory compliance.  Prepare, review, and analyze various actuarial items for territories in the region. • Review and recommend appropriate methodologies and assumptions for new products and special product features.  Oversee implementation.   • Perform recoverability analysis.  Review and analyze expense and revenue deferrals. • Insure the integrity of the valuation process and results produced. • Assist with the preparation of actuarial items for territorial budgets and the region. • Provide an actuarial resource to regional and local offices. • Review and analyze actuarial models for financial projections, profitability analysis, asset and liability analysis and economic capital analysis. • Make recommendations to improve the financial reporting process for the region.   • Monitor developments in regulatory requirements and changes in actuarial standards and develop plans for implementation.   • Maintain process documentation as required under Sarbanes-Oxley.  Ensure performance and documentation of controls. Position Requirements • Fellow of the Society of Actuaries. • Major in actuarial science, mathematics, business/accounting or computer science preferable. • 10 years relevant experience in life insurance valuation and financial modeling.  Minimum of 5 years FAS60 and FAS97 GAAP valuation experience. • Strong analytic, organizational, and planning skills. Good communication and interpersonal skills. Prefer prior managerial experience. • Polysystems, SAS, Prophet, or MG-ALFA or other modeling software knowledge a plus. About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Job Title: Product Modeling Actuary Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Product Modeling Actuary Job ID #: 51339 Location: DE-Wilmington  (downtown) Functional Area: Actuary Company Name: Alico Employment Type: Not Indicated Education Preferred: Bachelors Experience Required: 3-5 years Relocation Provided: Yes Position Description This individual will support the Product Centers of Excellence (PCE) Actuarial department in the review and evaluation of proposed, complex business initiatives and assist in the training of field actuaries in the use of actuarial modeling software and advanced modeling techniques. The purpose of the modeling is to demonstrate in product approval documentation the linkage between products, business metrics and the various financial targets set by the country, region, and Alico overall. Includes GAAP, statutory, tax, and capital targets to help the regions run their business in line with the overall goals of investors. • Enhance actuarial software modeling capabilities with the Product Actuarial department • Develop modules within the framework of an actuarial software package with the capabilities to develop pro-forma projections of: o Distributable earnings based on local statutory requirements and company’s target capital and metrics derived from distributable earnings o US GAAP earnings, equity and associated metrics, including for products requiring fair value calculations o Other accounting models as they become effective • Support the training of pricing actuaries at the local and regional centers in the use of actuarial projection software for product development purposes • Provide technical support for pricing actuaries at the local and regional centers • Provide home office technical support for the analysis of proposed business initiatives including the development of software capable of producing pro-forma projections as stated above, sufficient for home office decision making • Some international travel may be required Position Requirements • 5 years of experience in a life insurance environment with actuarial modeling responsibilities • Experience in the use of projection software is required • FSA preferred; strong career ASA or equivalent may be considered • Prophet, Moses and/or MF-ALFA experience preferred • Understanding of US GAAP requirements strongly preferred • Ability to understand alternative accounting models and customize actuarial software to accommodate numerous different accounting regimes and a wide array of products with features rarely offered in the US • Exposure to individual life, health, and accumulation products About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.

Job Title: Regional Modeling Actuary and Coordinator Central & Eastern Europe Company: AIG Location: Wilmington, DE Description: Skip Navigation Job Details Regional Modeling Actuary and Coordinator Central & Eastern Europe Job ID #: SS RMA CEE Location: DE-Wilmington  (downtown) Functional Area: Actuary Company Name: Alico Employment Type: Full Time - Regular Education Preferred: Bachelors Experience Required: 6-9 years Relocation Provided: Yes Position Description This position will provide financial modeling oversight for the Central and Eastern Europe (CEE) region, including management of the following support functions: - Develop and maintain liability and asset models, including updates for new products and current projection assumptions. Implement model controls in accordance with Corporate Actuarial guidelines for financial reporting and modeling controls. - Support the conversion to the selected single actuarial system, by country, for valuation and projection purposes. - Perform U.S. Statutory asset adequacy analysis and prepare Actuarial Memoranda supporting the Chief Actuary’s Actuarial Opinion - Perform GAAP loss recognition tests and provide support on new issue recoverability tests - Provide financial modeling support that may be required for local statutory reserve requirements and capital adequacy tests, including Solvency II and UK Global ICA - Develop Statutory and GAAP income projections, including projections of capital requirements - Work with Region Head Actuary on developing dynamic assumptions for policyholder behavior (i.e., withdrawals and premium persistency) and crediting strategies (dividends, bonuses, and excess interest) - Provide technical support in the review and evaluation of dividend/bonus recommendations, investment strategies, and new product guarantees This position is located in Wilmington, Delaware.  Relocation will be considered on a case by case basis. Position Requirements - Fellow of the Society of Actuaries, with minimum of 8 years actuarial experience in the individual life and A&H areas - Strong background in asset/liability modeling and financial projections. Experience in GAAP/Stat financial reporting is helpful - Familiarity with actuarial projection systems - Strong analytical skills necessary to analyze data and present findings in a coherent manner to senior actuarial management as needed - Preferably with supervisory experience - Very good oral and written communication skills About Us Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide. Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America.  Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.