Senior Actuarial Analyst
We are searching for an experienced Senior Actuarial Analyst at our Connecticut office.
Senior Actuarial Analyst
Full Time
Norwalk, CT or Chicago, IL
Position Summary:
The Senior ActuarialAnalyst will support the Operations team in the execution of actuarialintegration activities for newly acquired life insurance and annuityreinsurance transactions. This role assists with implementing and validatingdeal assumptions, models, data, and reporting processes into the company'sactuarial and financial frameworks post-close. Working collaboratively withactuarial, finance and operations teams, the Senior Actuarial Analyst helpsensure integrations are completed accurately, efficiently, and in alignmentwith deal terms, internal standards, and regulatory requirements.
Role Responsibilities:
Work closely with Business Development and Pricing to understand deal structures and assumptions and define actuarial reporting requirements necessary to execute and support new reinsurance transactions.
Support post-close integration planning by coordinating actuarial deliverables across valuation, finance, data, and operations teams.
Calculation of STAT/GAAP/Tax Reserves/ DAC/VOBA etc. to support quarterly results analysis on newly acquired blocks.
Support audit and regulatory reviews related to newly onboarded blocks, including preparation of support and responses to inquiries.
Assist with model conversion and system validation.
Conduct analysis and prepare reports for inforce management.
Assist in development of Non-Guaranteed Elements (NGE) framework to manage crediting rates for both new business and legacy (in-force) portfolios.
Provide analytical support for ad-hoc management requests related to in-force performance, deal economics, or emerging experience.
Participate in the development of repeatable integration processes, controls, and timelines to support future transactions.
Basic Qualifications:
Minimum 4 years of US Stat or GAAP reserving or financial reporting experience with knowledge of insurance and reinsurance products.
Proficient in Microsoft Excel, Microsoft Access and programming languages (e.g., SQL, VBA).
Experience with actuarial software Moody's Axis or ALFA. ARCVAL/CASE a plus. While the company currently uses all three of these actuarial software platforms we are in the process of converting everything to Moody's Axis. Hence experience with Axis is a plus.
Strong analytical skills and attention to detail.
Strong written and verbal communication skills.
Able to research problems or questions and provide responses.
React to change productively and able to prioritize multiple tasks appropriately.
A background check and pre-employment screening is required and must be successfully completed prior to employment.
Required Education / Certifications
ASA designation preferred but will consider applicants that are close to ASA
Bachelor's degree (Mathematics, Economics, Statistics or Actuarial Science is a plus).
Location/Travel:
Norwalk, CT or Chicago, IL
Hybrid Structure
Minimal to no travel required
Base salary/hourlyrate range for this position is between $100,000 and $140,000. Please note thatspecific compensation decisions are based upon a variety of job-related factorsas permitted by law, including geographic location, credentials, skills, education,training and experience.