At Equitable, our power is in our people.
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
This Head of Methodology will be a key member reporting to the Bermuda Chief Actuary and Head of Strategic Initiatives. This person will (1) provide actuarial methodology direction on U.S. Statutory frameworks on new product initiatives and regulatory changes, (2) take a leadership role when collaborating with other teams including valuation, model development, and assumption development for new life and annuity product development, (3) be an advocate for the organization in influencing different industry regulator perspectives on regulatory changes and (4) work alongside our GAAP, U.S. Statutory and Bermuda EBS valuation leads to identify optimal Enterprise outcome on risk management.
Key Responsibilities include, but are not limited to:
Shape Statutory valuation methodology for new product launches and emerging regulatory reforms (VM-22, Reinsurance AAT, GOES, IMR, etc.)Review existing Statutory valuation methodology and serve as the SME internally on Statutory valuation Be the project lead in valuation for product launches and Statutory reforms, coordinating with SMEs from valuation and model development where applicable to steer project towards completionAdvocate for Statutory valuation improvements and present information on key regulatory initiatives both internally and externallyParticipate in industry working groups on emerging Statutory regulatory topics Lead Statutory accounting change initiatives
Location: This position can work on a hybrid schedule in the New York, NY or Charlotte, NC offices OR be fully remote.
The total targeted compensation range for this position is$250,000 - $320,000. Total compensation varies based on skills, experience, geographical location and other factors.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits:Equitable Total Rewards Program
At Equitable, our power is in our people.
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
This Head of Methodology will be a key member reporting to the Bermuda Chief Actuary and Head of Strategic Initiatives. This person will (1) provide actuarial methodology direction on U.S. Statutory frameworks on new product initiatives and regulatory changes, (2) take a leadership role when collaborating with other teams including valuation, model development, and assumption development for new life and annuity product development, (3) be an advocate for the organization in influencing different industry regulator perspectives on regulatory changes and (4) work alongside our GAAP, U.S. Statutory and Bermuda EBS valuation leads to identify optimal Enterprise outcome on risk management.
Key Responsibilities include, but are not limited to:
Shape Statutory valuation methodology for new product launches and emerging regulatory reforms (VM-22, Reinsurance AAT, GOES, IMR, etc.)Review existing Statutory valuation methodology and serve as the SME internally on Statutory valuation Be the project lead in valuation for product launches and Statutory reforms, coordinating with SMEs from valuation and model development where applicable to steer project towards completionAdvocate for Statutory valuation improvements and present information on key regulatory initiatives both internally and externallyParticipate in industry working groups on emerging Statutory regulatory topics Lead Statutory accounting change initiatives
Location: This position can work on a hybrid schedule in the New York, NY or Charlotte, NC offices OR be fully remote.
The total targeted compensation range for this position is$250,000 - $320,000. Total compensation varies based on skills, experience, geographical location and other factors.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits:Equitable Total Rewards Program
Required Qualifications:
Bachelor’s degree in Mathematics, Statistical, Economics and/or Actuarial SciencesFSA Designation10 years of actuarial experienceExpertise in U.S. Statutory valuation and accounting frameworks (VM-20, VM-21, VM-22, Reinsurance AAT, GOES, IMR, etc.)Established written and oral communication; experience with participating in working groups in industry committeesPreferred Qualifications:
Experience with AXISFixed annuities and variable annuities product featuresMCEV frameworksFamiliarity with capital management
Skills
Accuracy and Attention to Detail:Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Effective Communications:Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
Managing Multiple Priorities:Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Statistics and Actuarial Modeling:Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
ABOUT EQUITABLE
At Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.
Required Qualifications:
Bachelor’s degree in Mathematics, Statistical, Economics and/or Actuarial SciencesFSA Designation10 years of actuarial experienceExpertise in U.S. Statutory valuation and accounting frameworks (VM-20, VM-21, VM-22, Reinsurance AAT, GOES, IMR, etc.)Established written and oral communication; experience with participating in working groups in industry committeesPreferred Qualifications:
Experience with AXISFixed annuities and variable annuities product featuresMCEV frameworksFamiliarity with capital management
Skills
Accuracy and Attention to Detail:Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Effective Communications:Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
Managing Multiple Priorities:Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Statistics and Actuarial Modeling:Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
ABOUT EQUITABLE
At Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.