JobMesh

ERM Actuary I (Capital) - Remote

Symetra · US

Symetra has an exciting opportunity to join our team as an Actuary I in Enterprise Risk Management! About the Role In this role, you will play a key part in...

Job description

Symetra has an exciting opportunity to join our team as an Actuary I in Enterprise Risk Management! About the Role: In this role, you will play a key part in Symetra’s enterprise-wide capital management. This role will focus on enterprise-wide capital reporting, analysis, and projections for both US and Bermuda entities. This role provides the opportunity to work closely with the CRO, Chief Actuary, and other internal stakeholders regarding a variety of capital-related projects. You will drive the production, analysis, and documentation of capital reporting and forecasting, focusing on continuous improvement of the processes and accuracy of results. What you will do: In this role, you will be responsible for preparation and analysis of the following: - NAIC Risk Based Capital (RBC) and Bermuda Solvency Capital Requirement (BSCR) calculations performed on a quarterly basis, including ad-hoc sensitivity analysis and waterfall analysis to explain changes in the RBC and BSCR ratios and comparisons to plan. - Allocation of capital from the corporate surplus account to product lines such that each division is allocated enough capital for their needs. - RBC and BSCR forecasts to determine...