Actuarial Assistant - Modeling

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This position is with Resolution Life US and we are seeking a qualified actuarial candidate to work independently on actuarial analyses and modeling assignments, enhance efficiency of existing processes and provide support for actuarial decisions as part of the Modeling Production Team.

Profile Description

Responsibilities include the following:

• Responsible for building models and projections for various life and annuity products under various accounting bases
• Meeting deadlines of producing production results
• Review and analyze results to communicate to management, with an emphasis on clear, concise explanations
• Ensure that modeling procedures comply with internal control requirements (SOX/MAR)
• Collaborate on annual assumption setting updates including DAC unlocking and LDTI
• Support Principles Based Reserving (PBR) requirements
• Assist with Modeling-related Transformation initiatives and M&A projects, as needed
• Maintain/create clear, relevant, robust documentation for processes you are responsible for
• Opportunities to participate in Agile work environment
• Perform ad hoc tasks outside of primary responsibilities
  
  

Knowledge And Experience

• Bachelor’s degree in Mathematics, Actuarial Science, Finance, or related business discipline preferred
• 2 years finance, insurance industry, or actuarial experience
• Completion of preliminary exams up to ASA
• Base understanding of insurance products and operations
• Strong oral and written communication skills, detail oriented with strong analytical problem-solving skills
• Strong technical skills in 1 or more of the following: Excel spreadsheets, Python, databases, actuarial projection/valuation software
• Ability to manage competing priorities and deadlines
• Ability to effectively communicate with manager and other team members
• Must have a positive attitude, and be able to work effectively in a team environment
• Ability to ask questions and seek guidance when necessary
  
  

Location: West Chester, PA required - minimum 1 day in the office.

Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (all benefits are subject to eligibility requirements). The salary range reflects figures based on the primary location, which is listed first. The range for the role may differ based on the location.

• West Chester, PA: $73,000 - $89,000
  
  

Critical Skills

At Resolution Life, we have identified the following critical skills which are key to success in our culture:

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.