AVP, M&A & Reinsurance Risk Analyst

2 days, 16 hours ago
Full-time
Lead
Finance and Accounting
Puck

Puck

Puck helps great teams find great teammates through employer branding, conversations, and authentic candidate engagement, using personalized automation to enhance the candidate experience and improve hiring metrics.

Internet Software & Services
1-10
Founded 2020

Description

  • Review prospective reinsurance transaction materials, including information memorandums, appraisals, product profiles, contracts, and experience studies.
  • Assess pricing assumptions and internal underwriting diligence for proposed transactions.
  • Evaluate cedants’ experience data to confirm diligence quality, data credibility, and appropriate assumption-setting controls.
  • Review investment strategies and associated risks relative to transaction liabilities.
  • Validate pricing assumptions, pricing models, and transaction results, including peer review processes.
  • Recommend sensitivity and stress tests and analyze their impacts on transaction economics and risk.
  • Perform independent validation of pricing models and, when needed, develop replication models.
  • Identify, assess, communicate, and document deal risks for management presentations and ERM memorandums.
  • Evaluate proposed risk mitigation strategies and their effectiveness.
  • Advise the SVP Life & Annuity Risk Officer and CRO on deal economics and risks before bid decisions.
  • Ensure compliance with transaction and pricing governance standards.

Requirements

  • Bachelor’s or advanced degree in actuarial science, mathematics, statistics, engineering, or a comparable field.
  • Minimum of 7 years of relevant insurance experience.
  • Insurance product pricing experience is preferred but not required.
  • Fellow of the Society of Actuaries (FSA) or comparable accreditation is preferred; strong ASA candidates may be considered.
  • Quantitative risk management experience, such as investment management or quantitative finance, with sufficient applied insurance background.
  • Effective written and verbal communication skills.
  • Ability to collaborate effectively and disseminate information quickly.
  • Strong technical knowledge of life insurance and/or annuity products and their inherent risks.
  • Understanding of product design, pricing principles, and ALM is critical.
  • Experience with pricing or applied insurance ALM modeling is important.
  • Applied experience with Bermuda and/or Solvency II accounting and capital frameworks is a plus.
  • Backgrounds in risk management, valuation, modeling, or pricing are considered.
  • Ability to analyze complex or incomplete financial information independently and use expert judgment.
  • Technical proficiency in actuarial calculations, analyses, and models.
  • Well-developed modeling skills with experience using actuarial software such as AXIS or MG ALFA, or comparable tools.
  • Ability to develop solutions in programming and/or database languages.
  • Proficiency in one or more of Python, VBA, SQL, C, or similar is required.

Benefits

  • Remote work arrangement.
  • Base salary range of $155,000 to $170,000 USD.
  • Annual bonus based on company and individual performance.
  • Generous benefits package.
  • Opportunity to work with sophisticated institutional backing and a leading insurance company.
  • Inclusive culture that values unique perspectives and experiences.
  • Equal opportunity employer status.

Interested in this position?

Apply directly on the company website

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