AVP - Actuarial

The Nassau Companies of New York seeks Assistant Vice President – Data Analytics at its facility located at One American Row, Hartford, CT  06103.

Job Description:

Lead strategically important actuarial initiatives, including data integration, controls remediation and enhancement, financial reporting, and reserve valuation.  Ensure actuarial data requirements are appropriately defined, tested, and established for ongoing processes/infrastructure.  Ensure overall data and modeling needs are addressed for existing and new content, and serve as a key resource in supporting changes to administrative and valuation system projects.  Lead and provide direction on strategic initiatives to establish, promote, and enforce standard and controlled processes and procedures for data governance for assigned actuarial business units; ensure data is managed as a corporate asset.  Work with a broad range of stakeholders to understand complex business questions and deliver solutions, including solving actuarial issues related to finance or general ledger, quarterly and annual financial closings, explanation of variances and unusual results, and audit documentation.  Complete documentation for audit controls as appropriate; demonstrate effectiveness of key controls.  Liaise with internal and external auditors on actuarial data changes and ongoing maintenance of data controls; recommend and implement data quality practices to improve data management practices.  Review emerging regulations and industry protocols to support compliance with existing and new products and provide advice, guidance, and leadership as appropriate, including reserve methods, new product assumptions, and data quality practices.  Research and analyze data, assist with data definition, data quality rule creation, and monitoring processes to be defined by transformation projects and business needs.  Manage relationship with external analytic and data vendors; coordinate vendor activities with internal leadership, performance teams, IT and other business areas as appropriate.  Build relationships with various Data Stewards, Data Architects, and others in technical and business areas to ensure collaboration between projects and team members.  100% telecommuting permitted.

Requirements:

This position requires a Bachelor’s degree, or foreign equivalent, in Data Science, Actuarial Science, Business Analytics, or a related field, plus 7 years of experience in Data Analytics, Systems Engineering, or a related occupation.  Additionally, the applicant must have employment experience with: (1) Utilizing R & Posit Connect for data analysis and data visualization; (2) Developing internal software with visual interface to support various actuarial stakeholders; (3) Analyzing Statutory and GAAP financial statements and actuarial reports (such as actuarial memoranda and appraisals); (4) Leading projects, including directing personnel in cross-functional and cross-reporting initiatives; (5) Analyzing Big Data, including analytics, structures, statistics, data governance, and quality control in an insurance or financial services industry; and (6) Interpreting requirements, identifying impacts, and analyzing problems to determine downstream impacts to the business.