Plan Actuary

Submitted by Mary Lynn Brown on Thu, 03/04/2021 - 10:50am
Job Description: 

We are recruiting for a Plan Actuary (AVP) in our Binghamton or Syracuse office.  This position can also be performed remotely.

Job Title: Plan Actuary                                                                                                            

Salary Grade: Officer  


1.  Position Summary:  Manage the Financial Plan process and the Plan Team; implement process and model improvements; carry out monthly analysis of financial results and provide modeling support for the ERM and CFT functions.  Manage junior actuaries’ development and training.

2.  Essential Duties and Responsibilities

  • Prepare the annual Financial Plan and communicate results to Senior Management
  • Provide monthly analysis of the variance between Plan and actual results and communicate results to Senior Management
  • Responsible for set up, maintenance and regular update of AXIS models
  • Ensure all business is accurately and efficiently modeled in AXIS
  • Build and maintain an efficient and transparent planning and forecasting model
  • Provide modeling support to the Appointed Actuary for CFT
  • Provide scenario and sensitivity analysis for the ERM function
  • Design efficient reporting processes on all bases
  • Use actuarial and modeling experience to support financial reporting, reinsurance, and pricing, as needed
  • Effectively manage modeling projects, along with ad hoc requests from internal and external stakeholders
  • Manage Plan Team
  • Organize and embed AXIS training for all users

3.  Critical Qualifications

  • Fellow, or near Fellow, of the Society of Actuaries or equivalent
  • Bachelor Degree in Actuarial Science, Mathematics or equivalent
  • Minimum 5 years’ experience with a life insurance company
  • Expertise with AXIS valuation software
  • US regulatory reporting experience
  • Expert user of Microsoft Excel and Access


4.  Preferred Qualifications (recommended, but not essential, experience, knowledge,

  • Fellow, or near Fellow, of the Society of Actuaries or equivalent
  • 5 years’ experience working as an Axis modeler



Drug Free Workplace


Position Available: 
Valid Until: 
Fri, Apr 30, 2021