Our Client is a market leader in the field of portfolio management and risk management, with a focus on trading securities and derivatives to manage capital market risks for banks, asset managers, insurance companies, and pension plans. Located in Chicago, they operate as an integrated team to provide these services to clients across the globe, and currently implement risk management investment strategies on over $50 billion in assets.
Company Highlights
- A premier independent provider of actuarial and risk management services to the insurance industry and self-insured organizations worldwide for over 70 years.
- Award-winning firm and recipient of the Insurance ERM Americas Awards. These awards recognize enterprise risk management leaders in the Americas. Their technology products have been named “Analytics Solution of the Year” and “Cloud Technology of the Year”.
- A team of more than 60 actuaries with deep actuarial subject matter expertise in equity-based insurance guarantee products
The Role You Will Play
- Model and understand variable annuities in a U.S. statutory valuation framework
- Development and analysis of experience studies and actuarial assumptions
- Asset adequacy analysis and cash flow testing
- Actuarial due diligence for merger and acquisition transactions, including review of financial metrics, assumptions, risks and operations of the business
- Help develop and deliver insightful reports, presentations, and recommendations to clients.
Background Profile
- Bachelor's degree in Actuarial Science, Finance, Mathematics, or a related field.
- FSA credentialed with 5+ years of experience
- Strong quantitative background with actuarial modeling experience in life insurance, risk management or investments
- Strong understanding of financial markets, mutual funds, portfolio management, option pricing or option replication, derivative pricing, and hedging concepts.
Benefits and Features
- Industry-Leading Compensation Package
- Health, Dental, Vision Coverage
- Flexible Spending Accounts for dependent care, transportation, medical expenses
- 401(k) with company match and Profit Sharing
- Paid Time Off (PTO)
- Voluntary benefit opportunities