Vice President, Head of Actuarial Valuation

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At the Constellation Insurance family of companies, every associate plays a direct role in our growth. We value collaboration, teamwork and having fun. We're proud of our inclusive culture and the contributions we make to our industry and the communities we call home.

If you're excited about this position, we want to hear from you, even if your qualifications aren't an exact match. You just might be the right person for this job or another one in our organization. We look forward to discovering what we can accomplish together.

What you will be doing

The Vice President, Head of Valuation will supervise the Leads for each product line as well as the Line Actuaries. The Vice President is responsible for building relationships with information technology, internal audit, finance, investments, enabling risk to function as a true business partner with other business units at Constellation and AuguStar Financial. The incumbent will be responsible for overseeing the actuarial financial reporting processes across all insurance related products and legal entities for GAAP, STAT, Tax, and potentially IFRS.

Responsibilities may include, but are not limited to, the following:

• Analyze operations to evaluate the performance of an area or its staff in meeting objectives, determine areas of potential cost reduction, program improvement or policy change
• Direct, plan, and/or implement policies, goals, objectives or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, to ensure expense management and/or to increase productivity
• Thoroughly understand methodologies and procedures in the actuarial financial reporting process with the ability to modify as necessary
• Provide thought leadership in analyzing and anticipating changes to GAAP, Stat, Tax, and IFRS laws, regulations, and guidelines. Remain current on all changes regarding financial reporting and regulatory changes
• Partner with the Special Projects team to refine processes to administer the actuarial financial reporting process efficiently and effectively
• Assist and validate the valuation methodology used for pricing
• Assist in the assumption setting process and sit on the assumption setting committee
• Monitor new product development and ensure financial reporting processes are properly adjusted to support new products

What benefits you will see

• Competitive compensation
• Medical, dental and vision insurance effective your first day
• Company paid life insurance
• Profit sharing plan
• 401(k) with company match
• 100% paid parental leave
• Adoption and surrogacy benefits
• Tuition reimbursement
• Flexible time off

Why we are different

• We promote a diverse and inclusive workplace that respects the cultures, life experiences and traditions of our associates and the community
• You receive time away from the office including PTO, holidays, wellness day and community service to rest and recharge
• Associate resource groups provide opportunities to help you reach personal and professional goals
• A wide variety of associate services and programs including a mentoring program, college scholarship fund, corporate discounts, and recognition programs
• We offer a whole person approach to your health and well-being including financial resources and an Employee Assistance Program
• Learn more about our associate benefits and perks focused on you

• What you need to be successful

  • Must be an FSA, MAAA, with 10+ years of experience, primarily in financial reporting
  • Previous leadership experience
  • Excellent verbal and written communication skills
  • Experience with Microsoft Office

  What your work environment will look like

  • An inclusive work environment in which any group feels welcome, respected, supported, valued to fully participate at work
  • Flexible work arrangements including remote, traditional and hybrid
  • Associate well-being programs to balance your life in ways that suit you best
  • Engagement opportunities on-site and virtually to connect with your co-workers
  • Dress for your day work attire
  Salaried OR Hourly

  Salaried
  Hiring Range Minimum

  $200,000.00
  Hiring Range Maximum

  $250,000.00
  
  Compensation Statement

  Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, and other job-related reasons. Roles may also be eligible for additional compensation, including annual incentive programs.