Vice President- Actuary

Actuarial Leadership & Management

• Oversee all actuarial departments and supervise actuarial teams to ensure efficient and timely execution of daily, monthly, and annual deliverables.
• Lead, mentor, and develop actuarial staff, fostering a culture of analytical excellence and accountability.
• Establish and maintain best practices for actuarial operations and reporting processes.

Risk Management

• Identify, evaluate, and manage financial risk exposures related to accidents, illnesses, liabilities, and market fluctuations.
• Collaborate with executive leadership to develop strategies for maintaining profitability and capital adequacy under various risk scenarios.

Strategic Leadership

• Serve as a key member of the executive team, contributing to corporate strategy and long-term financial planning.
• Align actuarial strategies and insights with business objectives, supporting organizational growth and sustainability.
• Provide executive-level insight into emerging market trends, risk exposures, and financial projections.

Pricing and Product Development

• Develop and validate pricing models for insurance products to ensure competitiveness and profitability.
• Partner with product development and underwriting teams to design innovative insurance solutions aligned with customer needs and market trends.
• Monitor portfolio performance and adjust assumptions or models as needed to meet financial targets.

Regulatory Compliance and Governance

• Ensure all actuarial methodologies, models, and assumptions comply with applicable laws, regulations, and industry standards.
• Maintain transparency and integrity in actuarial reporting to internal and external stakeholders, including auditors and regulators.
• Oversee the preparation and submission of actuarial statements and certifications required by regulatory agencies.

Financial Reporting and Analysis

• Oversee actuarial input into financial statements and ensure the accuracy of reserves, loss ratios, and related projections.
• Collaborate with finance, underwriting, and investment departments to provide comprehensive financial analysis.
• Support executive and board-level reporting with data-driven insights into financial performance and risk exposure.

• Education: Bachelor’s degree in mathematics, Actuarial Science, Statistics, Finance, or a related analytical discipline; Master’s degree preferred.
• Experience: Minimum 10 years of progressive actuarial experience in a Fortune 100 company or equivalent large-scale enterprise.
• Professional Designations: Minimum U.S. actuarial qualifications such as Fellow of the Casualty Actuarial Society (FCAS) or equivalent designation (FSA, MAAA).
• Technical Skills: Advanced proficiency in actuarial software, statistical modeling tools, data analytics platforms, and Microsoft Office Suite.
• Leadership Skills: Proven record of leading actuarial teams, managing large-scale projects, and influencing executive decision-making.
• Business Acumen: Strong strategic and financial insight with the ability to balance profitability, growth, and regulatory obligations.
• Communication: Exceptional verbal and written communication skills with the ability to convey complex technical concepts to non-technical stakeholders.