Senior Actuary at Overland Park

Job Description

GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.

Assist the Chief Actuary in preparing, updating, evaluating the theoretical soundness of, and documenting Economic Capital, Interest Rate Risk Management and Liability Stress Testing models. Assist in assumption setting, loss recognition testing and cash flow testing. Preparation of quarterly reports and information needed to complete the required filings and financial statements of an Insurance company. Assist entry level positions by showing them actuarial techniques and processes.

Essential Responsibilities

Application of actuarial techniques to insurance and reinsurance

Prepare actuarial compliance filings by collecting, summarizing, and validating data from a variety of data sources, populating forms, submitting filings with regulators, and responding to any resulting questions

Preparation of experience analyses of various product parameters for insurance products

Prepare periodic valuation of liabilities

Prepare projections of future product performance for use in various corporate analyses

Participate in quarterly and annual financial reporting, preparation of forecasts and analysis of results for insurance and reinsurance business

Assist in preparation of actuarial elements of Annual Statements for Insurance legal entities

Support operations team in review of data

Understand, reconcile and analyze inputs to actuarial work product from changes in underlying data

Document Actuarial processes

Job Requirements

Bachelor degree in Mathematics, Statistics, Actuarial Science, or related field

Minimum of seven (7) year of life or health actuarial experience

Minimum of Fellowship or career Associateship membership in Society of Actuaries or Canadian Institute of Actuaries

Working knowledge of Microsoft Office applications, particularly Excel, Access, and PowerPoint

Working knowledge of GAAP, Statutory and Tax reserving requirements with licensed jurisdictions

Working knowledge of valuation/projection software

Ability to complete complex actuarial processes accurately using fact-based analysis

Ability to work efficiently and accurately with large data sets

Ability to communicate complex issues

Eligibility Requirements:

You must apply via COS (internals) or www.gecareers.com (externals) to be considered for this position

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.

You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.

Additional Eligibility Qualifications

GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Desired Characteristics

Experience in economic capital, market consistent economic value or similar

Experience with applied statistics such as copulas, correlations, and regressions

Experience with preparing actuarial compliance filings

Experience in valuation of life and health insurance policies and systems

Proven ability to learn quickly, and to apply known concepts to new situations

Strong time management and organizational skills, ability to manage multiple tasks and work within time constraints

Able to effectively and concisely communicate written, visual and verbal messages and to translate technical information to a non-technical audience

Attention to detail
Country: USA, State: Kansas, City: Overland Park, Company: GE Capital.