Prepare key financial reports. Administer commercial reinsurance. Perform other actuarial functions required by the company.

Major Responsibilities:

• GAAP, STAT and Tax financial reporting.
• Oversee administration of reinsurance on policies exceeding Texas Life’s retention limits.
• Provide policy value quotes as requested.
• Implement and oversee reserve calculation methodologies, assumptions, processes, software and documentation.
• Implement and oversee experience monitoring processes, software and documentation.
• Assist auditors.
• Provide modeling, projections and analysis support for the Financial Reporting/Actuarial unit - including EV, Cash Flow Testing, RBC, and Loss Recognition, Plan, Unlocking, Self-support testing and special projects.
• Perform signoffs requiring actuarial credentials and qualifications.
• Perform all duties and prepare certifications as Texas Life’s Illustration Actuary.
• Develop tools (processes, worksheets and/or programming), with supporting documentation, to support major responsibilities
• Train other finance/actuarial personnel to be able to handle any of the above tasks.

Required Qualifications:

• Computer skills required, especially projection software and Excel. The ability to create Excel macros and compose and execute queries using database software is also desirable.
• Must be able to communicate effectively with actuarial staff, home office employees, reinsurance vendors, and auditors.

Required Education / Certifications:

ASA or near ASA designation with desire to pursue FSA and at least 5 years of experience performing actuarial duties related to life insurance, as well as earn continuing education credits needed to acquire and maintain signoff authority.