Actuarial Associate​/Sr Actuarial Associate

Actuarial Associate / Senior Actuarial Associate (Job #2789)

Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for our open Actuarial Associate / Senior Actuarial Associate position.

The Actuarial Development Program (ADP) offers a dynamic introduction to actuarial science with exposure to different departments. Your specific role will vary depending on your department assignment, and you will receive a formal job description once your role is determined.

• Acquire, aggregate, and develop data for use in experience studies through the use of data analytics tools.
• Assess client’s information to construct mortality, lapse, and other key pricing assumptions. Works with underwriting, marketing, and others to ensure understanding of the client’s products, distribution, and reinsurance needs. Develop financial projections of transactions using appropriate modeling software and present results for review.
• Develop, maintain, and run models for use in profit testing, reserving, calculation of economic capital, forecasting, and support in-force management. Validate, format, and present results in an appropriate manner for review.
• Perform coding changes to software that meet prescribed standards, assist in the regression and UAT testing of software coding changes, and complete documentation.
• Generate supporting exhibits for Statutory, Bermuda, and Solvency II regulatory reporting.
• Demonstrate sufficient progress and maintain good standing in actuarial development program.

• Bachelor’s degree from an accredited college or university.
• 1 - 6 years of Life insurance/reinsurance actuarial experience.
• Excellent data‑manipulation skills.
• Strong time management and project management skills.
• Ability to execute on multiple priorities simultaneously.
• Microsoft PC software:
  Excel, Word, Access, Outlook, VBA.
• Minimum of two actuarial exams from the Society of Actuaries with the intent to be credentialed.
• Excellent written and oral communication skills.

• Risk Agility FM, Prophet, or other actuarial modeling software.
li>Expertise in data analytics programs, e.g. R, SQL, etc.
• Experience in coding, especially actuarial software.

Total Compensation Range: $75,900 - $164,800 (inclusive of Base and Bonus). Compensation is commensurate with number of exams passed.

• Comprehensive medical, dental, and vision.
• Paid Time Off (PTO).
• Company provided life insurance and disability benefits.
• 401(k) and profit sharing.
• 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 all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.

We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email HR Please allow for 24 hours to process your request.

We will accept applications until a candidate has been identified and selected to fill this position.

Mid-Senior level

Full-time

Finance and Sales

Insurance