Actuary, Financial Solutions
About The Position
Responsible for ownership of technical aspects of financial solutions transactions, including transaction analysis, actuarial modeling, and deal modeling. Other contributions to deals execution include the support of proposal assembly and obtaining internal approvals. In addition, the individual will help colleagues with marketing and management reporting. The financial solutions in scope are full risk transfer transactions of inforce business, as well as reserve/capital financing deals of a remote risk nature. The underlying products include term life, whole life, individual annuities and group life and health business. The transactional nature of the role is deadline-oriented and will occasionally require unpredictable or extended hours. Over time, the individual will work towards higher level roles within the team, including term sheet drafting, structuring, client interface, and ultimately deal leadership.
Requirements
- Bachelor’s degree or equivalent
- Fellow or Associate of the Society of Actuaries
- At least 5 years of life (re)insurance experience
- Actuarial Modeling expertise (in AXIS, Prophet, MG-ALFA and/or other actuarial software)
- US statutory accounting knowledge
- Excel-based modeling experience
- Strong analytic skills including learning new software and utilizing AI
- Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Nice To Haves
- Project/transaction experience
- Reinsurance experience
- Product development experience
Responsibilities
- Perform, peer review or supervise analytic transactional process:
- Detailed actuarial modeling
- Deal modeling
- Risk analysis
- Due diligence of underlying products:
- Data analysis
- Assumption review
- Review client-supplied projections
- Support origination efforts:
- Client research
- Analysis of potential solutions
- Presentation preparation
- Support internal team duties:
- Inforce monitoring
- Internal presentations
- Management reporting
Benefits
- Relocation assistance within the U.S. is available for this position.
- health insurance coverage
- life and disability insurance
- a retirement saving plan
- paid holidays
- paid time off
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
