Job Listings

Divisional Vice President – Corporate Actuarial

3700 S. Stonebridge Dr. McKinney, Texas
Job number: 4479

Job Description:

Divisional Vice President – Corporate Actuarial

Primary Duties & Responsibilities

Globe Life Inc. is committed to helping families make tomorrow better. That’s why more people choose life insurance from Globe Life than any other insurance provider, according to S&P Global Market Intelligence. A.M. Best Company, an independent insurance analyst since 1899, awarded Globe Life an A (Excellent) rating (as of 7/21) based on their latest analysis of financial strength, management skills, and integrity. For the latest rating, access www.ambest.com.

Are you ready for your next career opportunity?

Globe Life Insurance Company is looking for an experienced Divisional Vice President – Corporate Actuarial to join their team in the Actuarial Corporate MCK UA department for our corporate location in McKinney, Texas.

We offer a competitive salary with a great benefits package, including Globe Life Inc. Savings and Investment Plan /401(K), Globe Life Inc. Pension Plan, medical, dental, and vision health plans, short – term and long-term disability, paid time off, tuition reimbursement and other career development opportunities.

We have employees coming up on their 50th year with Globe Life. With jobs in Accounting, Customer Care, Technology, and many other fields, a career with us will enhance your skills, provide endless knowledge, and allow you to work alongside some of the most experienced professionals in the industry

Come join our team!

 

Job Summary

The position will be a member of the Globe Life Inc. Valuation and Financial Reporting team.

The ideal candidate will maintain a positive and supportive attitude while working in a multi-team environment; demonstrate strong industry knowledge with excellent communication and analytical skills; possess multiple years of experience with life insurance company financial reporting and capital management; and be a member of the Society of Actuaries.

Primary Duties & Responsibilities

  • Oversee GAAP and Statutory financial projections for use in Earnings Guidance and Statutory Capital Planning
  • Prepare earnings variance analysis memo
  • Manage process to use reinsurance for risk management and capital optimization purposes
  • Review monthly financial results and prepare earnings variance report and related analyses
  • Review trends in mortality, morbidity, and lapse experience to ensure proper reflection in projection models
  • Play a role on the team assigned to analyze acquisition opportunities and related transaction evaluations
  • Play a role in supporting proper ongoing governance as a senior member of the Actuarial Management team
  • Exhibit critical thinking and management skills in order to grow into a senior management role

 

Required Skills

Required Knowledge, Skills, & Abilities

  • Self-motivated professional skills to understand the company’s strategy and industry development
  • Strong quantitative skills and an ability to apply that knowledge under tight deadlines
  • A deep fundamental understanding of actuarial valuation, financial reporting, life insurer capital requirements
  • Highly effective verbal and written communication skills and ability to work with executive team
  • Ability to work effectively and collaboratively in a multi-team environment
  • Reliable and predictable attendance of your assigned shift
  • Ability to work Full-Time and/or Part-Time based on the specific position for which you're applying

Desired Knowledge, Skill , & Abilities

  • Experience and/or understanding of leading actuarial modeling platforms (Polysystems, GGY AXIS, etc.)
  • Experience in preparing capital modeling analyses for life insurance companies
  • Experience in reinsurance treaty drafting review and negotiation
  • Strong management and critical thinking skills

 

Required Knowledge & Experience

Education & Work Experience required

  • Fifteen or more years of life insurance company experience including financial reporting and modeling
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Computer Science or related field required
  • Membership in the Society of Actuaries

Location: 3700 S. Stonebridge Dr. McKinney, Texas

Apply Now

Current employees apply here.

Savings and Investment Plan (401K) - Eligible employees may begin participating in the plan on the first day of employment.

Pension Plan - Eligible employees who complete one year of service with the Company become participants in the Pension.* (Not available to Cleveland Employees)

Medical - Benefits are available to all eligible employees and qualified dependents the first of the month following 30 days of continuous service.

Dental** and Vision - Eligible employees and qualified dependents are able to enroll the first of the month following 30 days of continuous service.

Flexible Spending Accounts (FSA) - Our FSA has two components, Health Care and Dependent Care Accounts. These accounts allow employees to set aside a portion of their earnings on a pre-tax basis to cover out-of-pocket medical and dependent care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service.

Health Savings Accounts (HSA) - A pre-tax Health Spending Account (HSA) is offered to those who enroll in the High Deductible Plan. It allows you to pay for many of the health care expenses not covered by your medical plan including deductibles and co-pays. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service. Company contribution to HSA ($4500 family, $2500 single plans)

Short-Term Disability - Eligible employees may be entitled to salary continuance during periods of temporary disability. Benefits are based on employee status and years of service.*

Group Life and Long-Term Disability** - Eligible employees may elect life insurance and long-term disability coverage the first of the month following 30 days of continuous service.

Vacation and Paid Holidays - Employees are eligible for vacation upon the completion of six months of employment. In addition, the Company offers eight paid holidays.

Education Assistance - The Company supports employees who wish to continue their education to secure increased responsibility and growth within their professional careers. We offer a reimbursement program for expenses incurred through approved institutions of learning. In addition, Fellow, Life Management Institute (FLMI) and International Claim Association (ICA) program courses are offered after the completion of six months of services at no cost to the employee.

Fitness Reimbursement - Eligible employees are able to receive up to 100% reimbursement for monthly dues (employee only).

Supplemental Plans** - Cancer, Heart/Stroke, Accident.

*Please note, some benefits may vary by subsidiary. Please be sure to clarify with the Human Resources Department.
**Company paid benefit

Do I have to apply for every job that I am interested in? - Yes. Though our Talent Acquisition Team searches our database for qualified candidates, the only way to ensure that we know what position is of interest to you is if you apply for it directly.

Now that I've applied, what happens? - You will receive an immediate response from our system. Someone from our Talent Acquisition Team will review your qualifications and skills. If you're a good fit, we'll contact you to conduct an initial interview by phone, followed by assessment testing and an in person interview(s).

How do I get the contact information of the hiring manager for the job I am interested in? - It is our policy not to give contact information to external applicants. If, after you apply, it is determined that your skills and qualifications match our hiring needs, you will be contacted directly for an interview by someone on our Talent Acquisition Team.

I've been interviewed, what's next? - If selected, we'll extend a conditional offer. Then, pending a successful background check and drug screen, we'll confirm a start date.

The Whole Globe

Globe Not only is it in our name, it’s in our hearts. Our Company thrives off of diversity and has created a culture focused on inclusivity. These two components are the pillars of our foundation and the guiding principles that build our employees and leaders.

No Ceiling

SmileThe insurance industry may be traditional, but Globe Life has been, is, and always will be dedicated to building an inclusive, sustainable, and inspiring environment that does not have a ceiling on growth.