VP of Actuarial Services

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VP of Actuarial Services plans and leads all aspects of an organization's actuarial function to ensure the financial integrity, competitiveness, and regulatory compliance of the company's insurance products. Sets the strategic direction and vision for actuarial functions across pricing, reserving, and risk management. Being a VP of Actuarial Services oversees the development of actuarial standards, models, and governance frameworks used throughout the organization. Advises executive leadership and the board on financial risk, capital adequacy, and profitability strategy. Additionally, VP of Actuarial Services directs actuarial leaders and staff to deliver accurate analyses that support corporate objectives. Ensures actuarial practices comply with regulatory requirements and professional standards. Requires a bachelor's degree. May require Associate of Society of Actuaries (ASA). May require Fellow of the Society of Actuaries (FSA). Typically reports to top management. The VP of Actuarial Services manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a VP of Actuarial Services typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.