Corporate Development, Actuary Director

Key Responsibilities:

This position can be located in Connecticut, New York, Bermuda or 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

Compensation 

The annualized base pay range is mainly based on an evaluation of comparable positions in the external market. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition. Estimated salary compensation: $150,000-$200,000

*Talcott Financial Group is an equal employment and affirmative action 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 Resolution maintains a drug-free workplace and is committed to building inclusion and leveraging diversity. For more information regarding our Privacy Policy, please visit: https://www.talcottresolution.com/onlineprivacypolicy/onlineprivacypolicy.html