Actuarial Manager Jobs

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As a Fortune 200 financial services company with more than $113.5 billion in owned and managed assets, USAA is on a mission — to facilitate the financial security of our members, the men and women of the U.S. military and their families worldwide. Headquartered on a showcase campus in San Antonio, TX, USAA attributes its long-standing success to its most valuable resource, our 22,000 employees. They are the heart and soul of our member-service culture.

Recently Ranked #1 by Business Week in Customer Service, we are recognized for the superior service we provide to our members, and the exemplary work environment we provide for our employees. Everything that happens at USAA is based on our core values: Service, Loyalty, Honesty, and Integrity. These are the foundations of how we do business with our members, as well as how we treat each other.

USAA is currently seeking a talented Senior Associate Life Actuary for our San Antonio, Texas location.

As a Senior Associate Life Actuary for USAA, you will maintain control of price level, pricing structure, financial strength, or data systems for a complex product line or group of product lines to achieve profitability, competitive edge, and equity goals. You will assist in planning profitability, competitiveness, and financial strength goals. You will perform administrative duties including resource planning, career planning, recruiting, work assignment and control, and management information. You will serve as an advisor to other areas of USAA, such as Claims, Underwriting, and Accounting.

Qualified candidates need to possess:

• 7-10 years' actuarial experience.
• Bachelor's degree.

• Associate or Fellow of the Society of Actuaries.
• Life Insurance experience to include – Pricing.
• Ability to manage multiple projects simultaneously.

USAA also offers a variety of on-site services and conveniences to help you manage your work and personal life, including seven cafeterias, two company stores and three fitness centers.

Relocation assistance is available for this position.

Qualified applicants must successfully complete a pre-employment background and drug screen.

USAA is an Equal Opportunity Employer.

If interested, please apply online at http://track.jobviper.com/ViewJob.asp?id Register to View -398

New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investment Management LLC provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.

Life & Annuity
New York Life Investment Management
Guaranteed Products
Retail Investments
Institutional Investments
Retirement
Special Markets
New York Life International
New York Life Foundation

Being with the best has its benefits, not the least of which is... the benefits. We offer competitive compensation with a flexible benefits package. New York Life's benefits program is designed to provide valuable coverage for you and your family that you can customize to your needs.

Medical & Prescription Drug Coverage
The Company offers four medical options in most locations, each with prescription drug coverage. The accounts offered in three of the four medical options can help you cover medical costs on a tax advantaged basis and save for future medical expenses as well:
* HMO with HRA (Health Reimbursement Account)
* HMO Only
* HSA (Health Savings Account) Accumulation with PPO
* PPO with HRA (Health Reimbursement Account)

Dental Coverage
Two dental coverage options are available

Income Protection Coverage
As you might expect, we offer several income protection options, should anything unexpected happen.
* Life Insurance
* Dependent Life Insurance
* Long-Term Disability coverage (employee only)
* Accidental Death and Dismemberment Insurance (employee only)

Work and Life
In most situations, New York Life offers several other benefit options to help you balance your work and personal life.
* Time Off Trading
* Flexible working hours
* Attractive vacation and holiday schedules
* Flexible Spending Accounts (FSAs) - Set aside pre-tax dollars for dependent care and health care expenses
* Transportation Accounts - Set aside pre-tax dollars for work-related parking and transit expenses
* Legal Services
* Tuition assistance
* Work/Life programs

Retirement Benefits
* 401(k) Savings and Investment Program
* Company-Matched Contributions
* Retirement Plan

Available at Selected Locations
* On-site employee health center
* On-site fitness center and wellness programs
* Back-up childcare center
* In-house dining services

- Work with pricing actuaries for life or annuity products, as appropriate, and the FMD Reinsurance Division to coordinate how reinsurance is to be used on new products.

- Decide how the treaties should be prepared to clearly and accurately reflect the reinsurance to be used and draft the agreements needed.

- Coordinate the legal approval of reinsurance treaties with Office General Counsel. Obtain timely review from OGC.

- Negotiate with reinsurers on terms of treaties and amendments.

- Decide if new treaty terms need to be reviewed by OGC, or other areas such as underwriting, claims, reinsurance administration, valuation, tax, etc. and pursue the information needed. Present NYL views to reinsurers and seek their buy-in. Finalize wording that is consistent with NYL guidelines.

- Ensure that treaties and amendments are signed within stated time guidelines.

- Monitor the progress of all the treaties and amendments that have not been finalized and make sure that the reinsurers respond in a timely manner. Prepare additional documents for Executive Officer signoff when required.

- Coordinate with Individal Policy Services Reinsurance Administration and Underwriting to implement new arrangements. Prepare additional documents and hold formal meetings to inform these areas of new arrangements.

- Handle inquiries from these other areas regarding reinsurance issues and find appropriate solutions.

- Keep Reinsurance Administration up-to-date on potential changes in reinsurance pools. Keep tracking systems up-to-date.

- Knowledge of reinsurance treaty language.

- Writing ability – able to express ideas clearly.

- Good interpersonal skills.

- Judgment about when to ask for help, how to deal with disagreements.

- Facile with word processing (MS Word).

- Knowledge of life and annuity insurance products.

- Knowledge of reinsurance regulations and principles.

Prudential Financial, Inc. is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com.


A successful candidate will be responsible for competitive research, analysis and reporting as well as identifying opportunities for Prudential Annuities to grow it's business and improve retention. Analyzes competitor products in the marketplace, as well as competitor products in development, and provides information and support to organization on competitive positioning. Develops and maintains competitive tools, presentations and training materials regarding product positioning and competitive landscape. Day to day sales support is a key element of the position. The individual will be called upon to provide pre-sales competitive support to both Internal and External Wholesalers. May also be called up on to deliver product-specific sales training related to competitive positioning. Expected to develop in-depth knowledge of the organization's products and the Annuity industry through research and industry contacts.


* 5 or more years of financial services experience with at least the past 2 years working with Annuity products.

* Working knowledge of variable and fixed Annuities.

* Knowledge of Annuity distribution channels, sales and marketing tools and experience working with Wholesalers a plus.

* Bachelor's required.

* Series 6 or 7 required within 3 to 6 months.

* Strong command of PowerPoint, Word and Excel.

* Required Skills include:

o Research and analysis - the ability to uncover data and information and present it in a meaningful and relevant context.

o Strong quantitative and qualitative analysis skills.

o Ability to summarize complex material into "sound bytes"

o Project management and communication skills.

o Strong Written and Verbal Presentation and Communication Skills

o Is self-directed and works independently.

* Travel Requirements: 15 to 25%

The Prudential Insurance Company of America and its affiliates, Newark, New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce.


Any applicant selected for this position will be required to submit to an extensive background screening and a credit check. Failure to comply will eliminate an applicant from consideration for this position. Any negative information obtained as a result of the background screening may result in the disqualification of the applicant from this and any other position in Prudential, including their current position if they are an internal applicant.


Prudential is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. Regardless of past practice, all resumes submitted by search firms to any employee at Prudential via-email, the Internet or directly to hiring managers at Prudential in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential, and no fee will be paid in the event the candidate is hired by Prudential as a result of the referral or through other means. Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. For this reason, Prudential has established and regularly maintains a preferred vendor list. Please note that even preferred vendors need to have a written search agreement signed by the Director, Recruiting Programs, Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.

Since 1912, we at Liberty Mutual have committed ourselves to providing broad, useful and competitively-priced insurance products and services to meet our customer’s ever-changing needs. As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities and $25.9 billion in annual consolidated revenue. Liberty Mutual ranks 94th on the Fortune 500 list of largest U.S. corporations based on 2007 revenue, and is the sixth-largest property and casualty insurer in the U.S. based on 2006 direct written premium. Liberty Mutual Group today employs over 41,000 people in more than 900 offices throughout the world.

• Monthly management reporting and quarterly SEC/ US GAAP reporting requirements for a diverse $50+ billion investment portfolio, including cash flows, footnotes, MD&A, and analyst supplement.
• Assist in the interpretation of new investment related accounting pronouncements or SEC requirements to determine the impact on the disclosures of investment data in the financial statements and MD&A.
• Draft new investment disclosures as required for inclusion in the annual and quarterly financial reports (including the research of alternative methods to determine the best for use in the financial statements.)
• Assist in the preparation of investment income plan and forecasts.
• Liaise with external auditors on investment financial reporting and accounting issues.
• Contribute to the maintenance and testing of the documentation of controls surrounding financial reporting for company attestation purposes.
• Manage and supervise staff.
• Other duties and special projects as assigned.

• Bachelor’s degree in Accounting or Finance.  CPA preferred.
• Accounting professional with a minimum of 7-10 years experience.
• Management experience required.
• Strong knowledge of investment related US GAAP/ US SEC pronouncements and regulations, knowledgeable about investment finance concepts.
• Broad knowledge of NAIC statutory accounting guidelines for investments.
• Exposure to CAMERA investment system, Hyperion Essbase, Hummingbird GQL, SQL and Crystal reports preferred.
• Able to lead cross functional/departmental projects of low to moderate scope and complexity.
• Hands on style with strong analytical skills and ability to produce professional level analysis and reports.
• Must be proactive, detail-oriented, highly organized, self-starting and able to take responsibility.
• Ability to direct complex process and meet critical business deadlines while maintaining the highest quality and accuracy level in reporting.   
• Proficiency in Excel and Word.  Experience with Hyperion Essbase, SQL and Crystal reports preferred.

• 401K and Company paid pension plan
• Medical coverage
• Dental coverage
• Paid time-off
• Pay-for-Performance
• Discounts on automobile and homeowner's insurance
• Discount fitness memberships
• Flexible spending accounts
• Tuition reimbursement
• Vision care coverage
• Work/Life resources
• Credit Union membership
• Employee and Dependent life insurance
• Disability insurance
• Long-term care insurance