Senior Actuary - ALM/Risk Management

JOB TITLE: Senior Actuary - ALM/Risk Management
EMPLOYER: Sentinel Security Life Insurance
DEPARTMENT: Finance - Actuarial
REPORTS TO: Chief Actuary
LOCATION : Onsite in Miami, FL (Hybrid)

ABOUT THE COMPANY
Since 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 ROLE
Sentinel 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 studies
• Asset Modeling, Cash Flow Testing
• Risk management, risk reporting, risk policies, including ORSA & scenario analysis
• Experience studies, assumption setting
• Monitoring and analysis of asset performance
• Model enhancements using GGY AXIS
• Profitability metrics, analyses, and reporting
• Support 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:

• Bachelor’s 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 written.
• Comfort 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:

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 salary/base pay
• Employer-sponsored medical, dental, and vision insurance
• Paid Life & AD&D Insurance (for employees and families)
• Paid Disability Insurance (STD + LTD)
• Paid Parental Leave
• Paid Vacation and Sick Leave
• Paid Holidays (13 scheduled in 2025)
• Voluntary Supplemental Insurance policies
• Safe Harbor 401(k) plan with employer match
• And 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 required.

Who We Are:

EEO Statement

A-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 [email protected] and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.

Disclaimer:

The 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.