Deputy Region Head – Financial Actuary – Ireland, UK and Western Europe
Job ID #: 50990
Location: DE-Wilmington (downtown)
Functional Area: Actuary
Company Name: Alico
Employment Type: Full Time - Regular
Education Preferred: Bachelors
Experience Required: 10+ years
Relocation Provided: Yes


Position Description
• Support all aspects of financial reporting for the AGLI and WE region, especially in regard to GAAP Financial Statements, actuarial opinions, professional standards, and regulatory compliance. Prepare, review, and analyze various actuarial items for territories in the region.
• Review and recommend appropriate methodologies and assumptions for new products and special product features. Oversee implementation.
• Perform recoverability analysis. Review and analyze expense and revenue deferrals.
• Insure the integrity of the valuation process and results produced.
• Assist with the preparation of actuarial items for territorial budgets and the region.
• Provide an actuarial resource to regional and local offices.
• Review and analyze actuarial models for financial projections, profitability analysis, asset and liability analysis and economic capital analysis.
• Make recommendations to improve the financial reporting process for the region.
• Monitor developments in regulatory requirements and changes in actuarial standards and develop plans for implementation.
• Maintain process documentation as required under Sarbanes-Oxley. Ensure performance and documentation of controls.

Position Requirements
• Major in actuarial science, mathematics, business/accounting or computer science preferable.
• 10 years relevant experience in life insurance valuation and financial modeling. Minimum of 5 years FAS60 and FAS97 GAAP valuation experience.
• Strong analytic, organizational, and planning skills. Good communication and interpersonal skills. Prefer prior managerial experience. Polysystems, SAS, Prophet, or MG-ALFA or other modeling software knowledge a plus.

About Us
Alico is a leading international life insurer with a unique heritage of serving customers across the globe for over 85 years. The company provides consumers and businesses with products and services for life insurance, accident and health insurance, retirement planning, and wealth management solutions. Through an extensive network of over 40,000 agents, brokers and financial institutions and 11,000 employees across 54 countries, Alico services 19 million customers worldwide.

Alico has branch offices, subsidiaries and affiliates in emerging, developing and developed markets in Europe, Asia, the Middle East, Africa and Latin America. Alico is domiciled in Wilmington, Delaware and has regional headquarters in Tokyo, Paris, Athens, Dubai, and Santiago, Chile.