Senior Actuary, Methodology

Job Family

Actuarial

Job Description Summary

The Senior Actuary, Methodology provides guidance to the Methodology team of Aegon's Financial Risk Management department. As a member of the Methodology team, the position will take a leading role in the development of financial market risk models and methodology across multiple reporting frameworks, including IFRS and Economic Capital.

Job Description

Responsibilities

• Plays an active role in guiding the preparation and interpretation of actuarial and financial information, develop and maintain key financial / market risk models for use across the whole Aegon Group of companies.
• Supporting the demands of a variety of external and internal stakeholders, including regulators, auditors and relevant functions in all the Aegon Business Units, most notably financial reporting functions, ALM departments and financial and actuarial risk areas across various countries across the globe where Aegon has representation.
• Exercises significant judgment in setting priorities and determining necessary tasks.
• Provides guidance and advice regarding technical actuarial issues such as pricing rates, modeling methodology, reserving principles and related matters.
• Leads the preparation and interpretation of actuarial and financial risk information for presentation to Senior Management.
• Maintains good and active relation with internal stakeholders on the financial and market risk related domain
• Leads several key projects at various times during the year.
• Represents the company on industry and professional committees and/or with regulators.
• May support creation of quantitative finance or actuarial models in a model change management environment
• Monitors and analyzes developments in quantitative finance techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace

Qualifications

• FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience.   In lieu of Bachelor's, will accept Master’s in a listed discipline and 6 years or relevant experience.  In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience.
• Demonstrates high quality leadership, judgment, organization and prioritization skills. 
• Exhibits effective management skills to motivate and develop a staff. 
• Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. 
• Works well under pressure and within time constraints to effectively accomplish individual and team objectives.

Compensation

• The Salary for this position generally ranges between $157,000 - $170,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
• Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

Working Conditions

• Normal hybrid office environment.  Limited travel may be required.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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