Sr Actuarial Associate

8890 Resolution Life Services (US) Inc.; Glenloch (PA); Híbrido; USD 90.000 - 130.000; Jornada completa

Descripción de la vacante

Resolution Life US in West Chester, PA, seeks a Sr Actuarial Associate to join the Liability Production Team. The role supports valuation, financial reporting, and projection of cashflows for interest-sensitive life products.

You will maintain and run actuarial models and provide insights that drive statutory, tax, GAAP, and business planning objectives. You will collaborate with experienced actuaries and business leaders, work with a modern modeling platform including Principle-Based Reserves,

Formación

• Strong analytical skills and knowledge of life insurance products, particularly interest-sensitive products such as Universal Life with Secondary Guarantees (ULSG), Variable Universal Life (VUL), and Indexed Universal Life (IUL).
• Ability to adapt to changing priorities and work on several projects concurrently
• Ability to use this knowledge to lead/develop solutions to ad-hoc requests or issues
• Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline
• Progress toward actuarial credentials with 3-5 actuarial exams passed or newly credentialed ASA
• 5-7 years of actuarial, insurance, or financial services experience, preferably in life insurance valuation or modeling.
• Strong technical skills, including Excel and data querying/reporting tools (e.g., AWS Athena, Amazon QuickSight, SQL, or similar platforms).
• Experience with Prophet Actuarial Software
• Ability to challenge current methodologies/approaches and develop more efficient and effective solutions

Responsabilidades

• Maintain and run actuarial models supporting Principle-Based Reserves (VM-20) and contribute to annual VM-31 reporting requirements.
• Use actuarial modeling software to project cash flows for the purpose of valuing and managing the inforce block
• Analyze model output, identify key drivers of results, and clearly communicate findings to business partners and management.
• Maintain procedural controls and communicate their execution and effectiveness with internal and external auditors
• Respond to state insurance department examination requests
• Provide projected cash flows in support of reinsurance deal analysis and risk metrics such as duration and liquidity
• Present results, assumptions, and emerging trends to management, Finance, and other key stakeholders.
• Partner with Finance, Risk, Reinsurance, and other functional areas to support strategic initiatives and business objectives.
• Identify process improvement opportunities and implement solutions that enhance model efficiency, controls, and reporting quality.

Conocimientos

Analytical skills

Life insurance knowledge

Financial modeling

Communication

Adaptability

Educación

Bachelor's degree in Mathematics/Actuarial Science/Finance

Herramientas

Excel

AWS Athena

Amazon QuickSight

SQL

Prophet Actuarial Software

Descripción del empleo

Position Title

Sr Actuarial Associate

Position Summary

The Senior Actuarial Associate will join the Liability Production Team and support the valuation, financial reporting, and projection of cashflows related to interest sensitive life insurance products. This role is responsible for maintaining and running actuarial models, analyzing results, and providing insights that support statutory, tax, GAAP, and business planning objectives. The successful candidate will work closely with experienced actuarial professionals and business leaders while developing expertise in a broad range of interest-sensitive life insurance products. This role offers exposure to a modern actuarial modeling platform, Principle-Based Reserves, life insurance valuation, financial reporting, and strategic initiatives.

Key Responsibilities

• Maintain and run actuarial models supporting Principle-Based Reserves (VM-20) and contribute to annual VM-31 reporting requirements.
• Use actuarial modeling software to project cash flows for the purpose of valuing and managing the inforce block
• Analyze model output, identify key drivers of results, and clearly communicate findings to business partners and management.
• Maintain procedural controls and communicate their execution and effectiveness with internal and external auditors
• Respond to state insurance department examination requests
• Provide projected cash flows in support of reinsurance deal analysis and risk metrics such as duration and liquidity
• Present results, assumptions, and emerging trends to management, Finance, and other key stakeholders.
• Partner with Finance, Risk, Reinsurance, and other functional areas to support strategic initiatives and business objectives.
• Identify process improvement opportunities and implement solutions that enhance model efficiency, controls, and reporting quality.

Qualifications, Skills & Experience

• Strong analytical skills and knowledge of life insurance products, particularly interest-sensitive products such as Universal Life with Secondary Guarantees (ULSG), Variable Universal Life (VUL), and Indexed Universal Life (IUL).
• Ability to adapt to changing priorities and work on several projects concurrently
• Ability to use this knowledge to lead/develop solutions to ad-hoc requests or issues
• Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline
• Progress toward actuarial credentials with 3-5 actuarial exams passed or newly credentialed ASA
• 5-7 years of actuarial, insurance, or financial services experience, preferably in life insurance valuation or modeling.
• Strong technical skills, including Excel and data querying/reporting tools (e.g., AWS Athena, Amazon QuickSight, SQL, or similar platforms).
• Experience with Prophet Actuarial Software
• Ability to challenge current methodologies/approaches and develop more efficient and effective solutions

Critical Skills

• Customer Focused: Passionate drive to satisfy our customers and offer unique solutions that deliver on their expectations.
• Critical Thinking: Thoughtful process of analyzing data and problem-solving data to reach a well-reasoned solution.
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
• Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Location

West Chester, PA (Hybrid - 3 days per week in the office)

Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (all benefits are subject to eligibility requirements).

• $90,000- $130,000

About Resolution Life

Resolution Life was founded with a clear mission: to support the long-term growth of the primary life insurance industry and deliver on our commitments to our policyholders, for the benefit of society. We serve that mission by acting as a global custodian to the life insurance and annuity industry by providing capital for growth through reinsurance and acquiring and managing portfolios of life insurance companies.

Our innovative approach ensures promises can be kept, the primary market can grow, and everyone involved can have a secure financial future. In fact, we pride ourselves on innovating fit‑for‑purpose solutions to our customers’ challenges. We seek talented, ambitious people who dare to be different in their thinking, willingly collaborate, thrive in a dynamic, agile environment and share our desire to drive change for a better future. We will support you to drive your own career and achieve your full potential at Resolution Life. We’ve got big ambitions for the future and know we’ve got the best people to take us there. We hope to offer our people a career, not just a job.