AVP & Actuary

Key Responsibilities

• End-to-End Ownership of Economic Capital
• Own the Insurance Risk EC framework, including reporting, planning, methodologies, and outputs.
• Ensure EC results are accurate, timely, and decision-useful, with strong governance and auditability.
• Serve as the central point of accountability for EC across Insurance Risk and Actuarial stakeholders.
• Continuously evolve EC methodologies to reflect changes in business strategy, products, and risk profile.
• Modernize EC Reporting & Production
• Lead the transformation of EC reporting toward automated, controlled, and scalable processes.
• Significantly reduce reliance on manual spreadsheets and fragmented workflows.
• Establish sustainable production processes with clear controls, data lineage, and documentation.
• Foster a shift from production-focused work to insight-driven analysis within the team.
• Own and Enhance EC Planning & Projections
• Own the EC planning process, including projection of capital aligned with business plans and strategic initiatives.
• Improve efficiency, consistency, and transparency of forward-looking capital analysis.
• Enable scenario-based and dynamic capital planning, supporting decision-making across the organization.
• Incorporate AI and Emerging Risks into EC
• Own the approach for integrating AI-related risks into the EC framework.
• Ensure risks such as model instability, bias, and data drift are appropriately reflected in capital assessments.
• Evolve practices over time as AI usage expands.
• Actuarial Assumption Review & Challenge
• Provide independent review and challenge of key actuarial assumptions, including mortality, morbidity, and PHB behavior assumptions.
• Evaluate assumption-setting methodologies, experience studies, and use of advanced analytics and AI models.
• Ensure assumptions are appropriate, explainable, and aligned with observed experience and forward-looking risks.
• Cross-Functional Leadership & Influence
• Work closely with Actuarial, Product, Finance, Capital Management, and Modeling teams.
• Act as a bridge between risk, business, and technical teams, enabling alignment and execution.
• Influence senior stakeholders through clear communication of complex risk and capital insights.

Required Qualifications

• 10+ years in insurance, actuarial, or risk management role
• FSA/ASA (or equivalent) strongly preferred
• Strong understanding of:
• Economic capital frameworks
• Actuarial assumptions and experience studies
• Insurance product risks
• Experience improving or transforming reporting, modeling, or analytics processes
• Familiarity with:
• Data and analytics tools (e.g., Python, visualization tools)
• Automation approaches
• AI / advanced analytics concepts
• Strong analytical, problem-solving, and communication skills

Preferred Qualifications

• Strong sense of ownership and accountability for critical enterprise processes
• Comfortable challenging actuarial assumptions with credibility and independence
• Curious and forward-looking, with interest in AI, analytics, and evolving risk practices
• Collaborative leader who can influence across functions without direct authority