Actuarial Assistant, Model Analytics -- Remote | WFH

Overview

At the company, we are dedicated to empowering our customers, partners, colleagues, and communities to achieve brighter futures. As a leader in term life insurance, we are leveraging innovation and technology to simplify and make affordable the financial security of more American families. We extend this commitment to our institutional retirement business, partnering with organizations to manage pension risk and secure the financial futures of their annuitants through our strong financial backing and top-tier customer service.

We are seeking an Actuarial Assistant to join our team. This role plays a crucial part in developing and maintaining Moody's Axis actuarial models for IFRS17 financial planning, analysis, and forecasting. The Actuarial Assistant will collaborate closely with stakeholders, ensuring all model changes and analytics are executed with excellence in quality, timing, and communication. This position supports our finance department in providing insights into our Pension Risk Transfer (PRT) business and financials, working closely with management to inform strategic, financial, and operational decisions.

If you are looking for a growth opportunity in a high-profile role supporting our Model Analytics Officer, and possess strong financial planning, reporting, and analysis skills, then we encourage you to consider applying.

Responsibilities

• Develop and maintain the Moody's Axis PRT model for planning and forecasting, adhering to established standards and timelines, and documenting all changes thoroughly.
• Conduct Plan-to-Actual comparisons, ensuring variances are understood and explained through detailed ad-hoc analysis. Identify model errors and evaluate the impact of potential business changes across various reporting metrics.
• Identify opportunities for process improvement and automation, contributing to enhanced efficiency, accuracy, and transparency of operations.
• Collaborate with cross-functional teams to provide modeling support and expertise, addressing plan-related inquiries and requests as needed.
• Participate in the Business Plan process, develop comprehensive modeling expertise, analyze results, and effectively communicate findings to senior management and stakeholders.
• Review modeling work performed by team actuaries to ensure alignment with product designs, reporting requirements, financial reinsurance deals, and modeling standards.
• Maintain model control by documenting changes, ensuring integrity of results, and obtaining necessary validations and approvals.
• Perform other duties as assigned.
  
  

Qualifications

Education:

• Bachelor's degree in Mathematics, Statistics, or related field.
  
  

Experience/Knowledge

• 4+ years of experience in life insurance or actuarial roles.
• Experience with Moody's Axis for model development is required.
• Preferred experience in pension buyout or payout annuities.
• Familiarity with multiple accounting methods such as STAT, Tax, IFRS4, IFRS17, EC, and SII is advantageous.
  
  

Skills

• Proficiency in Moody's Axis and Datalink.
• Strong Excel, MS Access, and SQL skills.
• Excellent actuarial analytical skills and problem-solving abilities.
• Effective written, oral, and presentation skills.
• Ability to multitask in a deadline-driven environment.
• Collaborative approach with strong teamwork skills.
  
  

What's in it for you?

This position offers a competitive compensation package with an expected salary range of $76,600 to $105,325 annually, plus a locality pay differential for roles based in Stamford, CT. Benefits include health, life, and dental insurance; 401K with company match up to 6%; generous time off; and various wellbeing initiatives throughout the year. We prioritize professional development and mentorship, supporting your career growth and expecting your contributions to developing future leaders. Additionally, we encourage community involvement with paid time off for volunteering.

The company is an equal opportunity employer and values diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We provide reasonable accommodations for individuals with disabilities during the application process and employment.

Employment Type: Full-Time