Senior Actuary

November 18

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GE Aerospace

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Aerospace • Energy • Engineering

GE Aerospace is a world-leading provider of jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. The company is dedicated to advancing sustainable aviation through the development of efficient aircraft engines compatible with alternative fuels and collaborates across the industry to promote innovation and safety in flight.

10,000+ employees

🚀 Aerospace

⚡ Energy

📋 Description

• Assists the A&H Executive Actuary in the management of the actuarial processes for runoff reinsurance long-term care and disability income insurance blocks. • Assists in determining assets needed to support insurance liabilities and in determining the level of capital needed for regulatory requirements. • Prepares and analyzes information required to successfully complete quarterly financial reporting, financial projections, experience reviews and other activities associated with a life and health insurance company – primarily related to the company’s runoff long-term care and disability income business. • Assists the Rate Increase Leader with the management of LTC rate increase efforts including providing an actuarial voice to the work. • Works with other business units to analyze, explain, and project business results. • Communicates and works with staff and leaders of different functional groups. • High visibility within insurance team. • May lead functional teams or projects with moderate resource requirements, risk, and/or complexity. • Presents business solutions to business leaders. • Influences peers to take action and may negotiate with external partners, vendors, or customers.

🎯 Requirements

• Fellow or Associate of the Society of Actuaries • Member of the American Academy of Actuaries • Minimum 5 years of actuarial experience • Strong communication skills • Strong time management and organizational skills, ability to manage multiple tasks and work with time constraints • Control mindset • Strong modeling and/or model governance experience • Minimum 3 years experience with health insurance products, preferably a strong knowledge of long-term care insurance valuation • Prepared in 3 years to potentially move to a leadership role of significant scope. • Solutions focused and flexible; able to drive change and lead others to excel in a dynamic environment. • Demonstrated ability and willingness to embrace emerging technologies. • Willing to embrace corporate strategic objectives. • Ability to apply a variety of strategic frameworks to analyze problems and to guide and develop solutions. • Ability to translate and communicate complex topics in a variety of forums, tailoring communications to effectively fit and influence the targeted audience; strong executive presence, presentation and communication skills. • Ability to lead the entire range of problem-solving work from problem definition to analysis, recommendation, and the development of implementation plans.

🏖️ Benefits

• Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. • Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. • Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.