Manager & Actuary, FinRe

About the role

The Manager & Actuary provides support to financial reinsurance transactions. Support includes, but is not limited to: marketing, developing, structuring, executing and post –close deal maintenance of financial reinsurance transactions.

Responsibilities

• Organize, evaluate and analyze data provided for deals. This will require working with more senior actuaries
• Develop and run deal models and pro-forma financial statement models specific to deals. This will require someone that can model the financial impact of a proposed structure with little supervision
• Aid in creation of marketing materials, proposals, and internal approval memos. This will be a team effort but the individual is expected to compile various input for different people and use his/her own discretion in developing the work product
• Review of legal documents under the guidance of external and internal counsel. Goal is to ensure legal documents are consistent with deal model
• Participate in pricing and structuring discussions with client
• Participate in internal discussions for approvals on deals
• Manage post-close inquiries from client and/or internal stakeholders
• Monitor and analyze on-going information on transactions and provide period reports
• Help develop junior team members to increase the productivity and quality of work and increase the overall team performance

Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics or other related field
• FSA required
• 5+ years of actuarial experience in life insurance/reinsurance industry
• Investment banking or capital markets experience a plus
• Financial modeling experience;
• Solid understanding of life insurance products;
• Strong understanding of financial reporting;
• Ability to understand statutory and GAAP accounting