[Remote] Vice President, Sr. Actuary – Remote

Note: The job is a remote job and is open to candidates in USA. Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. The Vice President, Sr. Actuary will lead all aspects of financial reporting and reinsurance for the Retirement Actuarial Group, focusing on continuous improvement of the reporting function and collaboration with leaders on new reinsurance programs and regulations.

Responsibilities

• Direct the actuarial valuation groups for the retirement division according to US GAAP and US Statutory standards
• Coordinate and review the asset/liability modeling development and output for any principles-based reserving for US Statutory and any Market Risk Benefits
• Conduct monthly financial results analysis and review, taking ownership of explaining actual-to-plan variances
• Prepare the division’s financial and business plan
• Management related duties including reviewing work, developing employees, and leading teams
• Ensure accurate governance and controls over the financial reporting processes
• Prioritize modeling improvements and updates. Direct strategy on model optimization and reporting framework
• Provide input on potential future annuity reinsurance transactions, including offshore agreements
• Analyze existing reinsurance agreements to assess financial viability and optimize terms, making recommendations to management based on results
• Establish and run operational aspects of financial reporting including reinsurance for the retirement division, ensuring processes align with industry guidelines and contract terms
• Act as the primary point of contact for reinsurance status updates, report outs, and audits
• Approximately 40% of time spent on recurring duties, 20% on project related work, and 40% management related duties including reviewing work, developing employees, and leading teams

Skills

• Bachelor's degree with a strong quantitative background, including college-level Mathematics highly preferred. High school diploma required
• 10+ years of insurance-related actuarial experience required
• 2+ years of direct experience with reinsurance required
• FSA designation required
• Fixed Indexed Annuity experience required and extensive knowledge of US GAAP FAS 133 and US Statutory Actuarial Guideline 33/35
• Demonstrated mastery of insurance/products and very knowledgeable on industry info. Recognized as an internal expert in a variety of company, industry, and regulatory actuarial issues
• Exceptional technical and digital literacy, including use of sophisticated spreadsheets, PowerPoint, and data management tools
• Excellent communication skills, with experience presenting to executive management
• Proven ability to lead, empower, and handle actuarial functions and large teams remotely and across varying time zones
• Strong problem-solving skills, with a high degree of accuracy and strong process organization
• Proven dedication to professional development
• Registered Indexed Annuity Experience Preferred
• Actuarial Modeling software and asset modeling experience preferred

Benefits

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching

Company Overview

• Symetra is a financial service company that provides retirement, employee benefits, group life, and disability insurance. It was founded in 1957, and is headquartered in Bellevue, Washington, USA, with a workforce of 1001-5000 employees. Its website is http://www.symetra.com.

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