Group Benefits Reserving Actuary

GROUP BENEFITS RESERVING ACTUARY POSITION

Position Overview:
Spring Consulting Group, LLC is looking for an individual to develop life and LTD reserving practices and provide actuarial support and subject matter experience in some or all of our key business areas. The individual will work out of our Boston office.

Company Background:
Spring provides strategic consulting services to Fortune 1000 employers, and insurance and financial services organizations throughout the world.  Our consulting team has extensive industry experience in areas such as health care, life insurance, disability management, retirement consulting and actuarial services. In addition, the firm provides strategic consultation directly to employers on the use of captive insurance facilities in the employee benefits area.  Formerly the U.S. Strategy Consulting unit of Watson Wyatt Insurance & Financial Services, Inc., Spring was founded by its management team. The Spring organization is led by a management team that includes Karin Landry, John Cassell, and Karen English.

Candidate Qualifications:


The ideal candidate will have an ASA or FSA designation, 4+ years experience in developing reserves for life, LTD and other group products and meet the AAA qualification standards for signing reserve statements in these areas.  In addition, they will possess:

· Orientation towards product development, new funding opportunities and business development

· Oral and written communications skills, with expertise in technical writing to support actuarial opinions

· Strong attention to detail, analytical and problem solving skills

· High level of responsiveness and dependability

· Flexibility to adapt to a dynamic, fast-paced, team environment

· Ability to meet deadlines and manage multiple tasks

· Proficiency in all aspects of financial modeling and analytical techniques

· Proven research capability and strong technical skills.


Position Responsibilities:

  Enhancement of tools and performance of captive feasibility studies with respect to life, LTD, AD&D, BTA and other employee benefits

  Research reserving requirements in various captive insurance company domiciles

  Preparation and signing of reserve statements for captives

· Technical support and subject matter expertise

· Product development in areas including employee benefits funding, captive insurance and health care design

· Building financial and analytical models in support of various project initiatives