Head Of Corporate Actuarial Services

At Equitable, our power is in our people. 
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

Equitable completed a comprehensive agile transformation across the organization referred to as New Ways of Working. Members of the actuarial team were part of the first wave of this change with the standing up of our Finance Modernization initiative. The rest of the team have now joined them in New Ways of Working through the creation of the Actuarial Center of Excellence. Led by our Chief Actuary, the Center of Excellence will encompass corporate actuaries working on valuation, model development, assumption setting, regulatory monitoring and advocacy, governance and financial reporting. 

The Area Lead for Core Actuarial will be a member of the Actuarial Center of Excellence (COE) leadership team, reporting to the Chief Actuary, and helping to shape the team's agile transformation. The Area Lead is a multi-faceted role focused on setting its respective mission and aligning OKRs (Objectives and Key Results) with the Actuarial COE, responsible for leading the Assumptions, Projections, and Methodology & Governance Teams.

A successful candidate must be skilled at working in a matrixed organization and have a strong track record for building alignment and executing the work across multiple teams.

Key Responsibilities include, but are not limited to:

• Define Area Mission and OKRs to build clear roadmap and align with Actuarial priorities
• Develop and own the Areas backlog and roadmap - i.e., the "to-do" list over subsequent sprints, with consistent refinement of the Backlog based on customer and business value 
• Manage dependencies between squads and synchronize the vision of multiple areas
• Responsible for applying knowledge of Equitable's business and the marketplace to advance the organization's goals
• Creating a culture of encouraging continuous feedback loops from strategic partners and stakeholders 
• Continue to stay well-informed with industry best practices and customer needs to drive impact across areas
• Ability to think out of the box, drive strategy, and determine how to successfully achieve goals with finite resources 
• Passion to challenge the status quo and find new solutions that drive out of the box ideas - appreciate and embraces change 
• Belief in a non-hierarchical culture of collaboration, transparency, safety, and trust  
• Readiness to empower others to fail, learn, and grow 
• Willingness to "roll up the sleeves" and to go outside comfort zone to learn, ability to push teams to do the same  
• Ability to synthesize details of day-to-day work with overall departmental vision
• Manage multiple priorities, including but not limited to: handling multiple initiatives and integrates them into a comprehensive plan, serving as expert on tools and techniques for managing organizational level priorities, integrating strategic goals and tactical priorities

The base salary range for this position is 200K-250K. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility. 

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable Pay and Benefits: Equitable Total Rewards Program

• Bachelor's degree in Actuarial Sciences, Mathematics and/or Economics
• FSA Designation
• 15 years of experience leading and developing actuarial talent 

Skills/Competencies

Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.

Coaching Others: Knowledge of coaching and mentoring concepts and methods; ability to encourage, motivate, and guide individuals in learning and improving effectiveness.

Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.

Financial Risk Management: Develops strategy and best practices for management of risk. Champions the use of new risk management approaches and tools.

Insurance Products: Ability to apply the knowledge of annuity Insurance products and develops an evaluation system to assess key business line performance.

Insurance Valuation:  Strong knowledge of US GAAP and US Statutory valuation practices and requirements and how profitability of our annuity products is reflected in our US GAAP and Statutory financial statements.

Problem Solving: Analyzes and synthesizes information and devises alternative resolution strategies.  Develops successful resolutions to critical or wide-impact problems.

Statistics and Actuarial Modeling: Ability to apply modeling processes and techniques to facilitate risk management decisions.

Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.

ABOUT EQUITABLE
At Equitable, we're a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently - where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
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Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.