Assistant Actuary - FAS 60 A&H Life
Job ID #: 50993
Location: DE-Wilmington (downtown)
Functional Area: Actuary
Company Name: Alico
Employment Type: Full Time - Regular
Education Preferred: Bachelors
Experience Required: 3-5 years
Relocation Provided: Yes


Position Description
• For FAS 60 products establish standardized worksheets to be shared among all users
• Control versions on Spreadsheets and back testing.
• Assist in the manipulation of data from the actuaries into the spreadsheets
• Complete all Sarbox controls as preparer over spreadsheets.
• Conform spreadsheets to required standards specified by Accounting / Audit
• Coordinate all accounting entries.
• Assist in measurement of current lapse rates for coordination into the budget process of Stat and GAAP projections.
• Assist in the production of bookable estimate.
• Assist in regression testing.

Position Requirements
• Actuarial skills at least ASA level, expertise in spreadsheets, accounting, and system language are preferred. Good organizational skills a must.
• Experience in A&H and Life preferred or at least 3 years actuarial experience. 3 years experience in a business environment.
• Exposure to FAS 60 products and advanced standardized spreadsheet experience preferable. Good organization skills, system language skills

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.