Actuarial Associate / Sr Actuarial Associate, 3239

Hannover Life Reassurance Company of America (Hannover Re) is seeking talented candidates for an Actuarial Associate / Sr Actuarial Associate position within the CSS – Corporate Actuarial department.

About the role

The Actuarial Development Program (ADP) offers a dynamic role where your specific responsibilities will vary based on department assignment. A formal job description will be provided once your assignment is determined.

Responsibilities

• Acquire, aggregate, and develop data for use in experience studies through data analytics tools.
• Assess client’s information to construct mortality, lapse, and other key pricing assumptions.
• Work 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 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 regression and UAT testing, and complete documentation.
• Generate supporting exhibits for Statutory, Bermuda, and Solvency II regulatory reporting.
• Demonstrate sufficient progress and maintain good standing in the actuarial development program.

Requirements

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

Skills

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

Travel

5% overnight domestic travel.

Pay

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

Benefits

• 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.