We are currently seeking applicants for a Sr Actuary (Corporate Actuarial) position who will be responsible for the development and maintenance of templates, databases and other tools used to support the financial forecast and planning process in one consistent and standardized manner across the entire organization, for the various reporting entities and financial reporting basis. Coordinates the delivery of financial planning results with valuation function and ensures timely completion of periodic financial planning and analysis reporting. Collects, documents and communicates key drivers of financial results to various key stakeholders including senior management
Requirements:
Bachelor’s degree from an accredited college or university in Actuarial Science, Mathematics, or related field; Minimum of 4 years actuarial experience in life insurance or reinsurance; Functional actuarial experience within a life insurance organization, such as in Valuation, Financial Reporting, Pricing, Modelling, etc; ASA (1; 2 years from FSA) or new FSA; Excellent verbal, written and interpersonal communication skills, including the ability to present complex initiatives to variety of stakeholders
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Job Field All Entry Level All Location All Full-Time/Part-Time All Department All Reference Number All Clear × Select how often (in days) to receive an alert: Create Alert × Select how often (in days) to receive an alert: Apply now » Sr Actuary (Corporate Actuarial) Reference Number: 1280 Contract Type: Permanent Working Time: Full-Time Hannover Re - as a global reinsurer we assume risks from other insurers and work with them to develop innovative products. Some 3,500 experts worldwide from a range of specialist disciplines devote their know-how and passion for their profession to strengthening and expanding our excellent market position on a daily basis. By taking an assuredly different approach to their work, they make us one of the most profitable reinsurance groups in the world. We are currently seeking applicants for a Sr Actuary (Corporate Actuarial) position who will be responsible for the development and maintenance of templates, databases and other tools used to support the financial forecast and planning process in one consistent and standardized manner across the entire organization, for the various reporting entities and financial reporting basis. Coordinates the delivery of financial planning results with valuation function and ensures timely completion of periodic financial planning and analysis reporting. Collects, documents and communicates key drivers of financial results to various key stakeholders including senior management. Your Tasks Establishes and Maintains Process: Establish and maintain efficient process and associated controls to ensure accuracy and consistency of reported results across different basis. Coordinate with key stakeholders to obtain key business drivers and document these in a clear and transparent manner. Ensure that explanations reconcile the Plan to Forecast and Actual figures. Produce ad-hoc analysis and support on an as needed basis. Develops Tools: Develops and maintains necessary templates and databases for use in collecting and analysing forecast and planning figures across the various reporting entities (i.e. family, HLRA, HLRA Ber, Sand Lake Re, etc.) and financial reporting basis (i.e. IFRS, statutory, SII, IVC). This will include automating these tools to facilitate an efficient forecasting process. Coordinates Processes: Establish, maintain and manage an agreed schedule of key deliverables and associated dates with stakeholders focusing on quarterly reporting and Board communication cycles. Communicate and negotiate as necessary with the valuation function, corporate finance and strategic finance functions to ensure a timely delivery of results and to ensure all deadlines relating to quarterly analysis and board book deliverables are met. Enhances Analytics: Create enhanced analytics reports relating to specific areas of business performance on as needed basis. For example, produce ROE metrics, enhance analytics related to investment income, etc. Your Profile Bachelor’s degree from an accredited college or university in Actuarial Science, Mathematics, or related field Minimum of 4 years actuarial experience in life insurance or reinsurance Functional actuarial experience within a life insurance organization, such as in Valuation, Financial Reporting, Pricing, Modelling, etc. ASA (1 - 2 years from FSA) or new FSA Excellent verbal, written and interpersonal communication skills, including the ability to present complex initiatives to variety of stakeholders. Strong organizational skills, and ability to manage competing priorities and deadlines Ability and willingness to learn and master new technical tools and processes quickly Intermediate MS Office: Excel, Word, Outlook, and PowerPoint and related skills Ability to understand basic accounting information and terminology Experience in a financial reporting function or valuation function Experience with different financial reporting and regulatory basis including IFRS, NAIC statutory, Solvency II, etc. Experience with reinsurance, including knowledge and/or analysis of reinsurance structures, client data, etc. Life insurance product knowledge, such as Term, WL, UL, ULSG, etc. Expertise in critically assessing financial statements for reasonableness Experience working with accounting systems and database tools Total Compensation Range: $120,300 - $180,900 (inclusive of Base and Bonus). Benefits Include: Comprehensive medical, dental, and vision Paid Time Off (PTO) Company provided life insurance and disability benefits 401(k) and profit sharing Additional ancillary benefits available Hannover Life Reassurance Company of America (Hannover Re) seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement. We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, please email HRLUS-personnel@hannover-re.com . Please allow for 24 hours to process your request. To apply, please apply via this link. Nearest Major Market: Oklahoma Apply now » Find similar jobs: Topics Property & Casualty Life & Health Investors Press Sustainability Group Career at Hannover Re Career Contact Contact form Legal Information Imprint Disclaimer Data privacy declaration of the Hannover Re Group Data privacy declaration for the application process, as of 01.2023 × Cookie Consent Manager When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. Required Cookies These cookies are required to use this website and can't be turned off. Show More Details
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