Our client provides reinsurance of asset intensive policies such as annuities, issued in the United States and Asia, and has a strong commitment to underwriting discipline and financial strength.
Reporting to the Chief Actuary, the Actuary will support a broad range of tasks including valuation, modeling, and reporting. The ideal candidate will have technical proficiency and the ability to navigate ambiguity and produce commercial results. This position will be based in Indianapolis (Hybrid).
Key Responsibilities:
- Support the quarterly actuarial valuation and annual assumption setting process.
- Support the actuarial aspects of financial reporting, business planning projections as well as regulatory filings.
- Support the in-depth experience analysis on life and annuity decrements and policyholder behavior.
- Support interactions with external auditors and the external Approved Actuarial team.
- Implement the design and documentation of actuarial controls and critical actuarial risk governance policies.
- Other ad hoc projects and tasks as required.
Minimum Requirements, Skills & Experience:
- Bachelor’s degree in a quantitative discipline such as mathematics, statistics, actuarial science, etc.
- Associate of the Society of Actuaries or equivalent designation.
- 2 - 3 years’ post associateship actuarial experience with a strong preference for annuity reinsurance and asset modeling exposure.
- Experience with actuarial valuation software MG-ALFA and / or experience in programing and systems automation.
- Prior experience with key financial reporting, accounting, and solvency regimes, including Bermuda Monetary Authority and / or Cayman Islands Monetary Authority regulations and Solvency II, US GAAP, US Statutory, and US tax a plus.
- Previous experience in valuation of annuity products or blocks of policies a plus.
- Familiarity with fixed deferred annuities (FIA, MYGA).
- Able and willing to work on multiple projects and meet tight deadlines as needed.
Location:
- Position located in Indianapolis (Hybrid: in office Tuesday - Thursday).
- Actuarial exam support.