A-CAP Services LLC

A-CAP Services LLC

Chief Actuary

Miami, Miami-Dade County · Exec · Full-time

No sponsorshipDetected 22 hours ago
LeadershipCommunicationGAAPActuarial Science

About the role

  • A-CAP has an immediate opening for a self-motivated, detail oriented, and well-organized candidate to join the team as Chief Actuary.
  • The Chief Actuary is an executive role crucial for overseeing all actuarial functions of the company.
  • This role demands a proactive approach in managing and evaluating actuarial strategies, ensuring financial integrity, and positioning ACL's insurance products competitively in the market.

Responsibilities

  • Strategic Leadership and Innovation: Lead the strategic direction of all actuarial functions, aligning with corporate goals for product innovation, market leadership and financial strength.
  • Pricing & Product Development: Manage the modeling and pricing for all new annuity and life products as well as enhancements to existing products. Manage the modeling of new proposed reinsurance transactions.
  • Liability and Reserve Management: Manage and report on insurance policy liabilities (Stat & GAAP) and ensure adequacy of reserves to meet future obligations.
  • Financial Projections & Planning: Manage financial projection process for all insurance products (projections are used to develop the group's 3-year financial plan).
  • Develop process to run projections on a more frequent regular basis and produce actual-to-expected analyses.
  • Assumption Governance & Experience Studies: Develop process for regular re-evaluation and analysis of key actuarial assumptions. Develop governance process for recording existing assumptions and properly documenting future changes to assumptions.
  • Vendor and Consultant Management: Develop a strategic framework for determining which actuarial functions to build internally versus outsource and establish governance processes to ensure quality, accountability, and cost-effectiveness of all external engagements.
  • Communication: Keep all other departments apprised of developments within the actuarial function. Communicate complex actuarial concepts to non-actuarial stakeholders. Create cross-functional harmony with finance, technology, administrative, and other teams.
  • A-CAP works hard to create a positive and supportive environment.

Requirements

  • Oversee the preparation and filing of all required actuarial materials including
  • Experience with MYGA, FIA, GIA type products and familiarity with indexed hedging strategies.
  • Bachelor's degree or higher in Actuarial Science, Mathematics, Finance, or related field.
  • US Work Authorization Is Required
  • Applicants 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.

Skills

  • Proficiency in actuarial software, excellent analytical capabilities, and the ability to effectively communicate complex concepts.
  • www.acap.com

Benefits

  • That's why we offer great benefits to safeguard the health and well-being of our employees.
  • Our comprehensive benefits package includes:
  • Employer-sponsored medical, dental, and vision insurance
  • Paid Disability Insurance (STD + LTD)
  • Paid Parental Leave
  • Paid Vacation and Sick Leave
  • And other benefits and perks!

Company info

  • A-CAP is a leading provider of capital and third-party asset management solutions.
  • Through our synergistic platform of insurance carriers, reinsurers, and asset management businesses, A-CAP delivers tailored capital solutions to individuals, insurance companies, and small- to medium-sized businesses.
  • Backed by a leadership team and operational experts with deep expertise across insurance, reinsurance, and asset management sectors, A-CAP is committed to delivering meaningful results and adding value to our clients and capital partners.
  • This commitment is demonstrated through the industry-leading risk-adjusted returns we achieve, and the innovative capital solutions we provide to meet the needs of a diverse range of partners.
  • A-CAP's Core Business Includes:
  • Capital Solutions
  • Commercial Real Estate
  • Third-party Asset Management
  • Private Credit
  • Primary Insurance Carriers
  • Accredited Reinsurers

Visa & Work Authorization

  • US Work Authorization Is Required

This listing is sourced directly from A-CAP Services LLC's careers page and normalized into a canonical job model.