Senior Actuary - ALM/Risk Management
JOB TITLE: Senior Actuary - ALM/Risk ManagementEMPLOYER: Sentinel Security Life InsuranceDEPARTMENT: Finance - ActuarialREPORTS TO: Chief ActuaryLOCATION: Onsite in Des Moines, IAAbout The CompanySince 1948, Sentinel Security Life Insurance Company (Sentinel) has been dedicated to helping families navigate their life insurance and retirement needs with confidence. Founded by a group of Utah funeral directors who sought to provide families with life insurance and financial security for final expenses, Sentinel has grown into a trusted provider of life insurance and annuity solutions designed to support long-term financial goals.We continue to innovate, developing annuity and life insurance products and enhancements that set new industry standards. Our strong partnerships with agents and their clients drive our success, ensuring that we deliver products that align with our clients' goals.With over 75 years of service, we remain committed to innovation and excellence. Looking ahead, we are excited to build on our legacy, create new opportunities, strengthen relationships, and shape the future of life insurance and annuity retirement solutions for generations to come.About The RoleSentinel has an immediate opening for a self-motivated, resourceful, and well-organized candidate to join the team as a Senior Actuary with an initial focus on ALM, Asset Modeling, and Risk Management of annuities and life insurance. This opening will have direct exposure to each of the group’s insurance operating companies as well as close interaction with the company’s management team. The individual will have the opportunity to participate in all aspects of the company’s actuarial functions and will work closely with leadership from the finance and insurance teams. This role offers scope for tremendous growth as A-CAP continues to grow and expand its business. This is a rare opportunity for an actuary to contribute to both new business and in-force functions within a high-growth insurance organization.WHAT YOU WILL DO:ALM, Hedging effectiveness studiesAsset Modeling, Cash Flow TestingRisk management, risk reporting, risk policies, including ORSA & scenario analysisExperience studies, assumption settingMonitoring and analysis of asset performanceModel enhancements using GGY AXISProfitability metrics, analyses, and reportingSupport subsidiary insurance companies’ core actuarial functions as needed (valuation, cash flow testing, pro-forma/business planning, risk management, etc.) with opportunities to rotate through various actuarial functions on a short-term basisOther Actuarial projects as neededOpportunity to work on high-profile projects with senior decision-makers that directly drive company growth; the role will have direct exposure to Senior Management including the Head of Life and Annuities, Chief Investment Officer, the Chief Actuary and the Chief Financial OfficerWork closely with key stakeholdersWHAT YOU WILL NEED:Bachelor’s degree in finance, accounting, economics, actuarial science, or related field with 5+ years of actuarial experienceASA/FSA designationExpert proficiency with MS Office Suite and GGY AXIS. Tech-savvy is a plusExperience with annuity products and relevant actuarial work (ALM, valuation, risk management, etc.)Strong organizational skills and ability to communicate complex concepts in a professional and concise manner, both verbally and writtenComfort with a steep learning curve and motivation to work in an opportunity-rich, dynamic environmentExperience with asset modeling, cash flow testing & reinsurance, particularly for fixed annuity products, preferredExperience with pre-need and/or final expense life insurance products, preferred. US Statutory and/or GAAP financial reporting experience, preferredWHO WE ARE:www.acap.comBENEFITS:A-CAP works hard to create a positive and supportive environment. That's why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:Competitive compensation programsEmployer-sponsored medical, dental, and vision insurancePaid Life & AD&D Insurance (for employees and families)Paid Disability Insurance (STD + LTD)Paid Parental LeavePaid Vacation and Sick LeavePaid HolidaysVoluntary Supplemental InsuranceSafe Harbor 401(k) plan with employer matchAnd other benefits and perks!POSITION TYPE AND EXPECTED HOURS OF WORK:This is a full-time position. Days and hours of work are Monday through Friday, 9:00 a.m. to 6:00 p.m., 40 hours weekly, or as otherwise arranged with the manager of the department.US Work Authorization Is RequiredApplicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.EEO StatementA-CAP is an Equal Opportunity Employer and does not discriminate in recruiting, hiring, promotion or any other personnel action based on the basis of race, ethnicity, national origin, color, sex, gender, gender identity or expression, sexual orientation, religion, age, disability, veteran status, or any other basis covered by appropriate law. We comply with the laws and regulations set forth in the Know Your Rights poster. All employment is decided on the basis of qualifications, merit, and business need. To request an accommodation, contact hr@acap.com and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.DisclaimerThe above is intended to describe the general content of and requirements for the performance of this job. It should not be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Powered by JazzHRgkBIV69ZUc