Senior Manager, Actuary

Everlake Services Company seeks a Senior Manager, Actuary to work in Northbrook, Illinois to driveactuarialpricingandmodelingforannuityandreinsurancetransactions,analyzingstatisticalandfinancialdatatoestimateproduct specificrisk(e.g.,mortality,policyholderbehavior,economicscenarios).Develop,enhance,andvalidateactuarialpricingmodelsincorporatingassetandAssetLiabilityManagement(ALM)modelingmethodologiesandGAAP/STAT(accountingstandards)reserveframeworkstosupportpricing,valuation,andfinancialprojections.Overseepreparationandgovernanceofpricingassumptionsandmethodologies,ensuringconsistencywithActuarialStandardsofPractice(ASOP)andindustrystandards.UseExcel,actuarialsoftwareincludingMoody’sAXIS,andobject-orientedprogrammingtools(Python/VBA(VisualBasicforApplications)toautomateactuarialreportingandstreamlinemodeldevelopment,valuation,andcash-flowtestingprocesses.
Supportfinancialreportingactivitiesrelatedtoquarterlyresultsforactuarialcomponents.Provideactuarialexpertiseinstructuringandnegotiatingreinsurancedeals,capitaltransactions,andacquisitions;assessfinancialsoundnessandrisktransfer.Identifykeyproductfeaturesandrisksformodeling;applyALMinsightstoevaluatethefinancialimpactofliability/assetchangesundervaryingeconomicenvironments.CollaboratewithCorporateDevelopment,Finance,andLegal,andexternalauditorstosupportdeal execution, integration, and annual audit needs.Document actuarial pricing methodologies, modeling assumptions, validation results, and governance frameworks to ensure regulatory and audit readiness.Maintain and enhance actuarial systems to support accurate financial and deallevel reporting; implement process improvements to increase efficiency and accuracy. Work onsite at least 2-3 days per week. Telecommuting permitted.

Minimum Requirements:

Minimum Education Required:

Bachelor’s degree in Mathematics, Statistics, Actuarial Science, Finance, or related quantitative field.

Minimum Experience Required:

Three (3) years of actuarial experience in insurance or reinsurance, including each of the following:

actuarial pricing and/or model development Cash-flow modeling for annuity and insurance blocks;

application of Asset Liability Management concepts or reserve methodologies (US GAAP and US

Statutory); and use of Excel and object-oriented programming for actuarial modeling or reporting

automation.

Special Requirements:

ASA or FSA designation from the Society of Actuaries (SOA) required. Demonstrated ability to apply ALM

concepts, evaluate financial impacts across economic scenarios, and work within GAAP/STAT reserve

frameworks, which will be confirmed via experience and interview assessment.

Salary:

Everlake Services Company provides a reasonable range of minimum compensation. The pay for Senior Manager, Actuary is $165,000 based on our internal compensation bands. 

Benefits:

·         Medical, dental and vision benefits

·         401-k plan

·         Incentive Program

·         Flexible paid time off plan

·         Hybrid work environment

·         Paid holidays

·         Tuition assistance