Sr Actuary

You can look forward to

Job Summary:

A Senior Actuary is a non-rotational position outside of Hannover Re’s Actuarial Development Program (“ADP”). The Senior Actuary’s primary responsibility is to lead the experience study process for the Life Solutions Long Term Care Hybrid (LTCH) business.

• (60%) Technical Support and Analysis:
  Lead the technical completion of LTCH experience studies and model validation by writing and running R code utilizing an internal R package.
• (60%) Technical Support and Analysis:
  Implement new statistical methodologies to further analytic abilities and strengthen the assumption review/adjustment process.
• (60%) Technical Support and Analysis:
  Summarize experience results and work with the AVP, Actuary, to improve the LTCH model assumptions.
• (60%) Technical Support and Analysis:
  Implement assumption updates to the LTCH assumption database and perform impact analysis on the projected financial results. Review results for reasonableness to validate correct implementation. Abide by model governance guidelines when implementing approved assumptions updates into the production model.
• (60%) Technical Support and Analysis:
  Comprehensively documents technical process, ensures integrity of results by collaborating with key stakeholders to develop/implement controls to ensure auditability, and is prepared to speak to completed analysis for internal or external stakeholders.
• (30%) Business Management and
  
  Collaboration:
  
  Support the development of the business requirements for the underlying experience study data that feeds the LTCH experience studies.
• (30%) Business Management and
  
  Collaboration:
  
  Identifies areas of weakness with experience study data and communicates data needs for remediation and improvement.
• (30%) Business Management and
  
  Collaboration:
  
  Trains and assists peers and junior employees, as requested or required, to foster growth and development within the department.
• (30%) Business Management and
  
  Collaboration:
  
  Actively manages multiple priorities and responsibilities, effectively prioritizes and communicates progress with results to the stakeholder group.
• (30%) Business Management and
  
  Collaboration:
  
  Looks for ways to improve processes for efficiency and accuracy.
• (30%) Business Management and
  
  Collaboration:
  
  Coordinate with stakeholders, including the financial reporting and modeling teams, to ensure objectives are aligned with quarterly valuation deadlines.
• (10%) Ad-hoc Project / Other:
  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 similar
• Fellow of the Society of Actuaries or within 1 year of FSA attainment
• 5+ years of experience in an Actuarial role
• Actuarial modeling experience:
  Risk Agility preferred
• Computer software:
  Microsoft Suite (Excel, Word, and Outlook), Database knowledge (high proficiency)
• Programming knowledge: R, SQL, VBA, C++, or similar
• Business knowledge:
  Reinsurance basics, Long Term Care Hybrid
• Business skills:
  Strong verbal communication, Excellent writing skills, Ability to communicate complex initiatives

• Azure Dev Ops
• Valuation knowledge:
  Solvency II, IFRS
  17, Stat, AG48, and P
• Experience with establishing controlled procedures
• Experience with project planning and managing a broad range of stakeholders
• 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 our mission statement and maximizing shareholder value
• Develop and maintain professional and productive working relationships with co-workers, customers, and/or vendors

This job is a full-time position that operates in either a home office or local office environment. It requires the ability to utilize standard office equipment, including but not limited to computers, phones, and communication tools as needed.

• $113,600 -…