Director, Valuation Actuary

Dallas, TX

Kemper proudly serves growing niche and underserved markets by providing appropriate and affordable insurance and financial solutions. This is enabled by a team of dynamic, innovative employees who act like owners and are continually driven by intellectual curiosity, analytical superiority, and being world-class operators.

Kemper Life is building a first in class actuary team to support this strategic intent. This role is a great opportunity for the right person who wants to be part of building a new team in a dynamic growing company. We are looking for the person who can help us make a difference by best serving the needs of our customers. Come join us in Growing for LIFE.

Position Summary:

As a Director on Kemper Life Actuarial team, you will assist the VP, Valuation Actuary in establishing and leading a world class valuation/reserving function and team to facilitate the continued growth of the organization. This position will interact closely with other leaders throughout the organization to create valuation and financial reporting, management reporting, financial planning/forecasting, ALM and Economic Capital Modeling. Additionally, this position will work closely with the data science team to develop advanced analytic tools to evaluate and manage the entire valuation reporting and projection cycle.

Location: This position can be in Chicago, IL, St. Louis, MO or remote.

*Travel will be required as the business necessitates.

Position Responsibilities:

  • Build and lead a sophisticated valuation and reserving team for Kemper Life
  • Lead and contribute to monthly, quarterly and annual valuation processes. Deliver timely, accurate and auditable reports for GAAP, Statutory, and Tax as well as analysis of financial trends and forecasts
  • Lead and contribute to monitoring and financial analysis of product line profitability (GAAP, value-added, statutory, etc.). Provide recommendations by reporting findings and business projections to senior management
  • Provide executive management with advice on the financial implications of business activities
  • Collaborate with leaders from other areas in the analysis and management of the company's financials (Finance, Accounting, Operations, Claims, and Data Science)
  • Develop new reporting and analysis tools and improving processes related to Valuation
  • Modernization of actuarial systems: Support projects to improve valuation systems and input data
  • Assist with audit and other external requests as needed
  • Support management on any ad hoc requests

Position Qualifications:

  • Education equivalent to a Bachelor's degree in actuarial science, mathematics, statistics or related field, or the equivalent in related work experience.
  • Fellow (FSA) in the Society of Actuaries; Associate (ASA) with equivalent experience and demonstrated equivalent knowledge may be considered
  • A minimum of 7 to 10 years of experience, preferably with valuation and/or reserving
  • At least 2 to 4 years of leadership experience leading teams and/or projects of various size and complexity
  • Experience in a publicly traded company
  • Strong understanding of traditional life, accident & health products and riders, including valuation and reserving methodologies and compliance requirements
  • Experience developing and managing a team that is strong in both innovative thinking and technical skills
  • Experience providing internal service to a business, forming strong relationships, understanding client experiences and expectations and working to anticipate needs
  • Ability to review others work for reasonableness but also dive into the details, if needed, and recommend opportunities for enhancement
  • Experience with Moody's GGY AXIS or similar actuarial modeling software
  • Strong technical and coding abilities, proficiency with VBA and SQL preferred

Candidate Profile:

  • Highly motivated and natural self-starter, independent thinker, great planner, and team player
  • Structured in thinking process and strong problem-solving skills, the ability to break down complex problems and find solutions
  • Ability to cope with uncertainty, learn fast, motivated by new and complex challenges
  • Manage information in a visually appealing and easy to understand method
  • Drive results across a team of dynamic communicators and professionals
  • Ability to quickly absorb complex issues, ensure alignment across cross-functional teams
  • Possesses a continuous improvement mindset

Competencies Needed:

  • Financial Acumen - interpreting and applying understanding of key financial indicators to make better business decisions
  • Decision Quality - making good and timely decisions that keep the organization moving forward
  • Resourcefulness - securing and deploying resources effectively and efficiently
  • Ensures Accountability - holding self and others accountable to meet commitments
  • Builds Effective Teams - Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals
  • Collaborates - building partnerships and working collaboratively with others to meet shared objectives
  • Manages Ambiguity - operating effectively, even when things are not certain or the way forward is not clear

Sponsorship is not available for this opportunity.

This position can be worked hybrid out of our Chicago or St. Louis office or remotely from a US-based home.?

The range for this position is $111,000 to $191,500. When determining candidate offers, we consider experience, skills, education, certifications, and geographic location among other factors. This job is also eligible for our Kemper benefits package (Medical, Dental, Vision, PTO, 401k, etc.)

Location Dallas, TX (75398)
Job Type Full Time
Company Kemper Corporation
Posted 2 days ago