[Hiring] Actuarial Director @KSM (Katz, Sapper & Miller)

Role Description

The Actuarial Director is responsible for leading actuarial components of financial condition examinations of life insurance companies on behalf of regulatory bodies, other regulatory consulting projects and other insurance related engagements. Operating within a consulting environment, this role serves as the primary actuarial subject matter expert, owning workstreams related to statutory valuation, reserving adequacy, product pricing and actuarial modeling.

• Supports all seven phases of the risk-focused examination process for the actuarial functions of life and A&H insurers.
• Coordinates, directs, and implements the actuarial portion of a financial examination.
• Evaluates the governance and controls of an insurer’s reserving, pricing and/or reinsurance processes.
• Performs substantive examination procedures.
• Assists in review of premium rate and policy form filings for state insurance department clients.
• Provides valuation or other actuarial support to both regulatory and non-regulatory clients.
• Ensures alignment with NAIC regulatory frameworks and actuarial standards of practice.

Qualifications

• Bachelor’s Degree in mathematics, actuarial science, statistics, economics, or other related business field.
• 10+ years actuarial experience in a life insurance company, financial services or consulting firm, or regulatory agency in the United States, with strong emphasis on valuation and statutory reporting.
• Designation of Fellow of the Society of Actuaries (or equivalent) and membership in the American Academy of Actuaries.
• Demonstrated experience with regulatory examinations, financial audits, or consulting engagements supporting insurance regulators.
• Deep knowledge of statutory accounting principles (SAP), NAIC model regulations, and actuarial standards of practice (ASOPs).
• Solid communication skills, both verbal and written.

Requirements

• Prior experience leading examination workstreams or managing client-facing regulatory engagements.
• Familiarity with reinsurance structures, including captives and reserve financing arrangements.
• Working knowledge of ERM/ORSA and insurer governance frameworks.
• PC skills including experience and working knowledge of Microsoft Excel, Word and Outlook, TeamMate, ACL/Access, and other applications.
• Experience using life actuarial systems - MG-ALFA/Triton, Prophet, Axis, etc. – is a plus but is not required.

Company Description

Noble Consulting Services, Inc. is a nationwide consulting firm based in Indianapolis providing a full range of services to insurance regulators.

• Recognized for understanding the insurance industry, regulatory environment, and emerging challenges.
• Serves regulators throughout the nation who trust us in both routine and unique situations.