Company
- Preeminent reinsurance firm, very well established
- Consolidated assets of $50B+
- Recognized by international industry institutions as “Life Reinsurer of the Year”
- More than 2,700 employees, yet they are divided into smaller teams and maintain a small company feel
- Embraces collaboration to work on big problems and develop the best solutions
- Pioneered the use of reinsurance as a financial management tool and remains a leading provider of such solutions around the world
- Very low turnover rate!
Benefits and Features
- Skill building: this firm encourages personal & professional growth through ongoing training & skills development and mentorship opportunities
- Work/life balance: family-friendly culture and flexible work arrangements
- Career growth: Performance based compensation & competitive benefits package cultivate collaboration and recognize success
- Very strong relocating package available
- Cutting edge and state of the art deals
Your Role
- Perform pricing, modeling, risk analysis, and structuring activities on new or proposed transactions
- Assess and analyze and document risk exposure in potential transactions
- Work with the marketing staff to determine client needs and objectives
- Assist business development associates by building proof-of-concept models for new opportunities or new reinsurance solutions for our clients
- Update documentation of pricing methodology, parameters, and procedures
- Recommend, implement, and document enhancements to the pricing process
- Set realistic and achievable deadlines for modeling, risk analysis, and other new business development activities
- Drive the design of reinsurance transactions and lead discussions on risk issues with internal and external clients
- Assist risk management personnel with monitoring experience of in-force treaties
Community
Desired Background Profile:
- Bachelor's degree in Math, Finance, Statistics, Actuarial Science, Computer Science or related field
- FSA Certification
- 7+ years of actuarial experience in Life Insurance/Reinsurance
- MAAA/FCIA or other local actuarial organization accreditation
- Advanced quantitative degree or designation
- Reinsurance, M&A, Pricing or ALM experience
- Demonstrated knowledge of life insurance, health insurance, longevity, and/or annuity products
- Highly advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received
- Highly advanced persuasion and negotiation skills when working with internal/external customers
- Advanced knowledge of key financial reporting, accounting, and solvency regimes, including (but not limited to): US GAAP (including FAS 97, FAS 91, FAS 133, FAS 157, and SOP 03-1), US Statutory, and US tax; IFRS; MCEV / EV / EEV; and Solvency II.
- Advanced PC and technical skills including (but not limited to): spreadsheets (VBA), database applications (Access, Oracle, SQL or equivalent technology), statistical programs, and one or more computing languages (ex: C/C++)
- Strong technical abilities, ease passing through actuarial exam process
- Expertise in AXIS, Prophet and/or MoSes
- Understanding of asset modeling and ALM techniques, including derivatives, and capital markets approaches