Senior Actuary - ALM/Risk Management
A-CAP Services LLC - New York City, NY
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JOB TITLE: Senior Actuary - ALM/Risk ManagementEMPLOYER: Sentinel Security Life Insurance DEPARTMENT: Finance - ActuarialREPORTS TO: Chief ActuaryLOCATION: Onsite in Des Moines, IAABOUT THE COMPANYSince 1948, families have counted on Sentinel Security Life Insurance Company during their time of need. The Company was originally established to provide families a way of funding funeral expenses and burial costs. Through our final expense life insurance product, we have been honored to provide peace of mind to families for well over half a century. Today, Sentinel offers a strong senior market portfolio including Life and Annuity products. We continue to develop new products while improving existing products and services to better protect our customers. Sentinel has a long history of financial strength and stability that has afforded us the opportunity to invest wisely in the growth of our company. Our strength lies not only in the quality of our insurance products, but also the level of service we provide to our policyholders, agents, and shareholders.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 groups insurance operating companies as well as close interaction with the companys management team. The individual will have the opportunity to participate in all aspects of the companys 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 basis.Other Actuarial projects as needed.Opportunity 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 Officer.Work closely with key stakeholders.WHAT YOU WILL NEED:Bachelors degree in finance, accounting, economics, actuarial science, or related field with 5+ years of actuarial experience.ASA/FSA designation.Expert proficiency with MS Office Suite and GGY AXIS. Tech-savvy is a plus.Experience 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 fort with a steep learning curve and motivation to work in an opportunity-rich, dynamic environment.Experience with asset modeling, cash flow testing & reinsurance, particularly for fixed annuity products, preferred.Experience with pre-need and/or final expense life insurance products, preferred. US Statutory and/or GAAP financial reporting experience, preferred.BENEFITS:nnA-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:nnntCompetitive salary/base payntEmployer-sponsored medical, dental, and vision insurancentPaid Life & AD&D Insurance (for employees and families)ntPaid Disability Insurance (STD + LTD)ntPaid Parental LeaventPaid Vacation and Sick LeaventPaid Holidays (13 scheduled in 2025)ntVoluntary Supplemental Insurance policiesntSafe Harbor 401(k) plan with employer matchntAnd other benefits and perks!nnn nnPOSITION TYPE AND EXPECTED HOURS OF WORKnnThis 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.nn nnUS work authorization is required.nnWho We Are:
Created: 2025-10-09