Director, Actuarial

Director, Actuarial page is loaded## Director, Actuarial locations:
Lansing, MItime type:
Full time posted on:
Posted Todayjob requisition :
REQ-03626
*** If you are an internal associate, please login to Workday and apply through Jobs Hub.***###
** Job Purpose**### Responsible for complex actuarial projects and processes in product development, financial modeling, financial reporting, risk analysis, or data analysis, as applicable.  Performs the highest-level activities related to the application of advanced actuarial principles for insurance/finance. Leads teams in the successful completion of work associated with the development of actuarial models, databases, and methodologies. Responsible for all aspects of VA/RILA statutory modeling and reporting under VM-21, C-3 Phase II, and NY Regulation 213.###

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** Essential

Job Responsibilities *** ### Manages a larger team or multiple small teams:  + ### Provides mentorship to staff on technical topics, processes, and the control environment.  + ### Oversees the responsibilities of the team, assisting in setting priorities, assigning tasks and tracking progress.  + ### Supports the management of problem resolution and breaking down barriers.  + ### Manages the performance of direct reports by developing leadership skills, setting expectations, and providing feedback.  

+ ### Advises on resource deployment and succession planning.* ### Leads cross-functional and cross-departmental team meetings, meetings with senior management, and meetings with external parties.* ### Communicates with actuarial associates at all levels, cross-departmental associates at all levels, and external parties, orally and in writing.* ### Composes reports and presentations for senior management.* ### Provides senior manager level review of proposed actuarial methodology changes, new product implementations, and the work product of project teams.
* ### Directs processes for production of actuarial output, such as calculated reserves, cash flow projections, product pricing, experience data, etc.* ### Drives initiatives for improving methods and procedures, as necessary, to increase efficiency and improve controls.* ### Leads cross-functional and cross-departmental projects, creating project plans and assigning tasks.* ### Finds issues, proposes solutions, identifies and secures resources to resolve.* ### Directs the identification of risks and development of mitigating controls.
* ### Directs all aspects of VA/RILA statutory modeling and reporting under VM-21, C-3 Phase II, and NY Regulation 213.  + ### Production of monthly, quarterly, and annual VA/RILA statutory reserves and required capital, including execution of the Model Audit Rule control framework over the processes.  + ### Production of the VM-31 P  Actuarial Report.  + ### Serves as VA/RILA statutory model owner
* ** Other Duties
*** Performs other duties and/or projects as assigned.* ##   
** Knowledge, Skills & Abilities
*** Expert knowledge of actuarial mathematics/concepts and ability to lead others in applying those concepts to work product.
* Expert in one or more of insurance product lines (life, annuities). Advanced knowledge in one or more other lines.
* Expert in at least one key field of actuarial work (pricing, financial reporting, data analysis, or modeling). Advanced experience in at least one other key field of actuarial work.
* Firm understanding of all fields of actuarial work.
* Expert knowledge of several actuarial applications used by Jackson, such as SAS, Python, ALFA, etc.
* Understanding of industry advancements, best practices and technology initiatives.
* Ability to guide cross-functional and cross-departmental project teams to implement advanced changes to applications.
* Ability to envision process improvements and develop project plans to advance the processes.
* General to advanced understanding of several processes applied across the Jackson actuarial department.
* Ability to communicate highly analytical and complex ideas to broad spectrum of audiences, including external parties, both in writing and orally.
* Ability to design/direct/review effective formal reports and presentations for senior…