Talcott Financial Group
Corporate Development Actuary and Director
Talcott Financial Group, New York, New York, us, 10261
Corporate Development Actuary and Director
Job Description
Talcott Financial Group is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. Talcott has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in pro-forma assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Corporate Development Actuary and Director
Key Responsibilities:
This position can be located in Connecticut, New York, and Cayman and shall support the corporate development deal team in its efforts to underwrite new reinsurance and M&A opportunities. Key responsibilities include:
Research on target products, put together product specifications for modeling team, educate project group on product features
Support liability model build on new projects, work with modeling team, provide model validation and peer review
Work on inforce and assumption constructions used in actuarial pricing models
Work with investment team to implement SAA into actuarial models
Manage ALM projections in support of the pricing process for block reinsurance and legal entity transactions
Develop and manage actuarial models and processes supporting pricing and renewal rate setting on existing and new business flow arrangements
Support financial reporting, valuation, and risk management teams in the development, maintenance and ownership of relevant actuarial models, controls, and processes
Collaborate with other functional areas and fulfill other roles and responsibilities as required to support the growth and evolution of overall enterprise and execution of key priorities
Qualifications:
Bachelor's degree in mathematics, statistics, actuarial science, or related field
FSA or career ASA candidate is preferred
Minimum of 5 years of work experience in insurance, with demonstrated expertise in pricing, financial reporting or liability management
Experience in building actuarial models in AXIS, and use of other programs and tools to improve processes and solve complex problems
Superior technical skills and strong attention to detail
Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partners
Self-reliant and capable of quickly learning new concepts, thinking creatively and critically, agile and adaptable to changing needs and challenges of a fast-paced company
Results-oriented and able to work under tight deadlines in a high-performance environment
Talcott Re is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Re maintains a drug-free workplace and is committed to building inclusion and leveraging diversity. The personal data provided herein shall be processed in accordance with the provisions of the Data Protection Act (As Revised) and in accordance with the Privacy Policy adopted by Talcott."
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Talcott’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Corporate Development Actuary and Director
Key Responsibilities:
This position can be located in Connecticut, New York, and Cayman and shall support the corporate development deal team in its efforts to underwrite new reinsurance and M&A opportunities. Key responsibilities include:
Research on target products, put together product specifications for modeling team, educate project group on product features
Support liability model build on new projects, work with modeling team, provide model validation and peer review
Work on inforce and assumption constructions used in actuarial pricing models
Work with investment team to implement SAA into actuarial models
Manage ALM projections in support of the pricing process for block reinsurance and legal entity transactions
Develop and manage actuarial models and processes supporting pricing and renewal rate setting on existing and new business flow arrangements
Support financial reporting, valuation, and risk management teams in the development, maintenance and ownership of relevant actuarial models, controls, and processes
Collaborate with other functional areas and fulfill other roles and responsibilities as required to support the growth and evolution of overall enterprise and execution of key priorities
Qualifications:
Bachelor's degree in mathematics, statistics, actuarial science, or related field
FSA or career ASA candidate is preferred
Minimum of 5 years of work experience in insurance, with demonstrated expertise in pricing, financial reporting or liability management
Experience in building actuarial models in AXIS, and use of other programs and tools to improve processes and solve complex problems
Superior technical skills and strong attention to detail
Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partners
Self-reliant and capable of quickly learning new concepts, thinking creatively and critically, agile and adaptable to changing needs and challenges of a fast-paced company
Results-oriented and able to work under tight deadlines in a high-performance environment
Talcott Re is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Re maintains a drug-free workplace and is committed to building inclusion and leveraging diversity. The personal data provided herein shall be processed in accordance with the provisions of the Data Protection Act (As Revised) and in accordance with the Privacy Policy adopted by Talcott."
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