Senior Actuary/Senior Financial Engineer (Algo Risk for Insurance)

Job ID: 675

Position Title: Senior Actuary/Senior Financial Engineer (Algo Risk for Insurance)

Working Location: New York, NY

Employment Status: Full-Time Regular

Required Experience: 7 years

Required Education: Bachelors Degree

Travel Required: 25%

Job Description
The Fitch Group is a wholly-owned subsidiary of Fimalac, S.A., headquartered in Paris, France. For additional information, please visit www.fitchratings.com; www.algorithmics.com; www.fitchtraining.com and www.fimalac.com
Founded in 1989, Algorithmics is a recognized leader in enterprise risk management. Following its acquisition by the Fitch Group in January 2005, Algorithmics is the world's leading provider of enterprise risk management solutions and services that enable financial institutions to effectively understand and manage their financial risk. Algorithmics has over 200 clients, including more than 60 of the 100 largest financial institutions in the world.


Essential Skills
Position location: New York or Boston. We are seeking a senior-level actuary to join our Algo Risk for Insurance team. This team is responsible for extending Algorithmics? industry leading Algo Risk solution to meet the specific needs of insurance companies. The candidate responsibilities will include: working with clients and prospects to gather and document business requirements, design and implement enterprise risk management solutions, speak at conferences, and pre-sales support.

Responsibilities Include:
Work with clients and prospects to gather and document business requirements.
Design solutions to address client business requirements.
Write technical specifications for R&D.
Become the Algorithmics expert on the economic capital calculations for insurance companies.
Become the Algorithmics expert on industry regulations and capital calculations for current requirements as well as future requirements (i.e. Solvency II).
Speak at conferences.
Provide pre-sales support as an expert on the risk management issues facing insurance companies.


Requirements Include:
Highly motivated and results-oriented; proven ability to generate business development ideas and strategy.
7+ years experience working in the insurance or related industries.
Knowledge of the insurance industry and the motivations for implementing enterprise risk management.
Ability to handle multiple projects simultaneously.
Demonstrated analytical, actuarial, and financial engineering skills; experience in financial risk management a plus.
Team-oriented, with ability to effectively build relationships both externally and internally.
Superior written and verbal communication skills.
Knowledge of Word, PowerPoint, Excel.
Ability to travel (25-30%).
Bachelors degree required; graduate degree preferred; CFA, FSA, MAAA or equivalent certification a plus.
Insurance industry experience is required.

Algorithmics complies with federal, state, and local laws governing employment, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, color, religion, gender, national origin, age, disability, marital or veteran status, domestic partnership, sexual orientation, and other status protected by applicable laws.

Click here to apply: