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VP, Chief Actuary
Downers Grove, IL
Requisition #:
045070
Position Type:
Full-Time Regular
 

Essential Functions:
This position is responsible for planning, directing and controlling the actuarial operations of Fort Dearborn Life and Colorado Bankers Life.

  • Member of Product Development Board; ensures the completion of pricing, design, and profit testing for all insurance and annuities products
  • Responsible for annual certification of FDL’s reserves
  • Responsible for profitability monitoring and measurement – reviews and works with senior staff as to analysis and implications
  • Responsible for annuity valuation and pricing – as a member of the Asset Liability Meeting sets interest rates and reviews product performance
  • Reviews asset and investment strategies with appropriate areas and monitors performance and implications
  • Performs pricing and rate reviews of all large group cases prior to issuing approval

Job Requirements:

  • Bachelor Degree
  • 10 years experience in actuarial operations and management
  • Clear and concise interpersonal, verbal and written communication skills
  • Executive management skills
  • Member of the American Academy of Actuaries – FSA preferred

Generous Benefits:
At Fort Dearborn Life Insurance Company you’ll enjoy an array of generous benefits to include: Medical Insurance, including Vision, Dental Insurance, Prescription Drug Program, Short-term Disability Insurance, Long-term Disability Insurance, Travel / Accident Insurance, 401(k) Plan, Pension Plan, Flexible Spending Account (FSA), Paid Time Off (PTO), Bereavement Leave, 10 Paid Holidays, Tuition Reimbursement, Adoption Reimbursement, Life Insurance, Access to Credit Unions, Domestic Partner Benefits, Long Term Care, Employee Bonus Programs

Fort Dearborn Life Insurance Company is an Equal Opportunity Employer M/F/D/V.