Sr Actuary

Job Summary

A Senior Actuary is a non‑rotational position within the Corporate Actuarial Department. The primary responsibility is to lead the experience study process for the Life Solutions Traditional Life business.

• Lead the technical completion of traditional mortality experience studies and model validation by writing and running R code utilizing an internal R package.
• Implement new statistical methodologies to enhance analytic capabilities and strengthen the assumption review/adjustment process.
• Summarize experience results and work with the AVP, Actuary, to improve model assumptions.
• Implement assumption updates to the SQL assumption database, perform impact analysis on projected financial results, and validate correct implementation according to model governance guidelines.
• Comprehensively document technical processes, ensure integrity of results, and develop controls to guarantee auditability; be prepared to explain completed analyses to internal or external stakeholders.

• Identify areas of weakness in experience study data and communicate needed data for remediation and improvement.
• Train and assist peers and junior staff to foster growth and development within the department.
• Actively manage multiple priorities, prioritize effectively, and communicate progress and results to stakeholders.
• Seek continuous improvement opportunities for efficiency and accuracy.
• Coordinate with stakeholders, including financial reporting and modeling teams, to ensure alignment with quarterly valuation deadlines.

• Assist with ad‑hoc projects in the department.

• Manages Complexity
• Drives Results
• Self‑Development
• Optimizes Work Processes
• Tech Savvy

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or related field.
• Fellow of the Society of Actuaries or within one year of FSA attainment.
• Five or more years of experience in an actuarial role.
• Actuarial modeling experience (Risk Agility preferred).
• Proficiency with Microsoft Suite (Excel, Word, Outlook) and strong database knowledge.
• Programming knowledge: R, SQL, VBA, C++, or similar.
• Business knowledge of reinsurance basics and traditional life products.
• Strong verbal and written communication skills; ability to convey complex initiatives.

• Experience with Azure Dev Ops.
• Valuation knowledge:
  Solvency II, IFRS
  17, Stat, AG48, and P .
• Experience establishing controlled procedures.
• Project planning and stakeholder management skills.
• Experience leveraging AI to automate routine actuarial tasks.

10% domestic travel, including overnight stays.

• Adhere to Hannover Re policies, procedures, and rules of conduct.
• Perform all duties with the goal of supporting the company’s mission and maximizing shareholder value.
• Develop and maintain professional, productive working relationships with co‑workers, customers, and vendors.

This full‑time position can be performed from a home office or local office. Candidates must be able to use standard office equipment, including computers, phones, and communication tools.

• $166,900 – $225,800

• Comprehensive medical, dental, and vision coverage.
• Paid Time Off (PTO).
• Company‑provided life insurance and disability benefits.
• 401(k) and profit‑sharing plans.
• Additional ancillary benefits available.

Hannover Life Reassurance Company of America (Hannover Re) seeks to attract the best‑qualified candidates who support the mission, vision, and values of the company and who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status, or any other legally protected classification.

The company complies with…