General Manager - Actuarial (SBU4- REF71823P) - Head Methodology

  • Full-time

Company Description

WNS (Holdings) Limited (NYSE: WNS), is a leading Business Process Management (BPM) company. We combine our deep industry knowledge with technology and analytics expertise to co-create innovative, digital-led transformational solutions with clients across 10 industries. We enable businesses in Travel, Insurance, Banking and Financial Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare, and Utilities to re-imagine their digital future and transform their outcomes with operational excellence.We deliver an entire spectrum of BPM services in finance and accounting, procurement, customer interaction services and human resources leveraging collaborative models that are tailored to address the unique business challenges of each client. We co-create and execute the future vision of 400+ clients with the help of our 44,000+ employees.

Job Description

This Head of Methodology will be a key member reporting to the Bermuda Chief Actuary and Head of Strategic Initiatives.

This person will

(1) provide actuarial methodology direction on U.S. Statutory frameworks on new product initiatives and regulatory changes,

(2) take a leadership role when collaborating with other teams including valuation, model development, and assumption development for new life and annuity product development,

(3) be an advocate for the organization in influencing different industry & regulator perspectives on regulatory changes 

(4) work alongside our GAAP, U.S. Statutory and Bermuda EBS valuation leads to identify optimal Enterprise outcome on risk management.

Key Responsibilities include, but are not limited to:

• Shape Statutory valuation methodology for new product launches and emerging regulatory reforms (VM-22, Reinsurance AAT, GOES, IMR, etc.)

• Review existing Statutory valuation methodology and serve as the SME internally on Statutory valuation

• Be the project lead in valuation for product launches and Statutory reforms, coordinating with SMEs from valuation and model development where applicable to steer project towards completion

• Advocate for Statutory valuation improvements and present information on key regulatory initiatives both internally and externally

• Participate in industry working groups on emerging Statutory regulatory topics • Lead Statutory accounting change initiatives

Qualifications

Required Qualifications:

• Bachelor’s degree in Mathematics, Statistical, Economics and/or Actuarial Sciences• FSA Designation

• 10+ years of actuarial experience

• Expertise in U.S. Statutory valuation and accounting frameworks (VM-20, VM-21, VM-22, Reinsurance AAT, GOES, IMR, etc.)

• Familiarity with capital management

• Established written and oral communication; experience with participating in working groups in industry committees

Preferred Qualifications:

•Experience with AXIS• Fixed annuities and variable annuities product features

• MCEV frameworksSkillsAccuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.

Effective Communications:

Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.

Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.

Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.

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