Acquire, aggregate, and develop data for use in experience studies through the use of data analytics tools; Maintain and run models for use in profit testing, reserving, calculation of economic capital, and forecasting; Implementation and maintenance of Model Governance framework. Improving model-related processes for efficiency and accuracy; Provide preliminary analysis and evaluation of model sensitivity results. Validate, format and present results in an appropriate manner for senior actuary review; Perform coding changes to software that meet prescribed standards, assist in the regression and UAT testing of software coding changes, and complete documentation
Requirements:
Bachelor's degree from an accredited college or university; 1-5 years of Life insurance/reinsurance actuarial experience; Minimum pass of 2 SOA exams; Excellent data-manipulation skills
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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 » Actuarial Associate (ALL) Reference Number: 1284 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 an Actuarial Associate (ALL). Your Tasks Acquire, aggregate, and develop data for use in experience studies through the use of data analytics tools. Maintain and run models for use in profit testing, reserving, calculation of economic capital, and forecasting Implementation and maintenance of Model Governance framework. Improving model-related processes for efficiency and accuracy. Provide preliminary analysis and evaluation of model sensitivity results. Validate, format and present results in an appropriate manner for senior actuary review. Perform coding changes to software that meet prescribed standards, assist in the regression and UAT testing of software coding changes, and complete documentation. Support of ad hoc projects. Demonstrate sufficient progress and maintain good standing in actuarial student program Your Profile Bachelor's degree from an accredited college or university 1 - 5 years of Life insurance/reinsurance actuarial experience Minimum pass of 2 SOA exams Excellent data-manipulation skills Strong time management and project management skills Ability to execute on multiple priorities simultaneously Microsoft PC software: Excel, Word, Access, Outlook, VBA Minimum of two actuarial exams from the Society of Actuaries with the intent to be credentialed Excellent written and oral communications skills Risk Agility FM, MoSes, or other actuarial modelling software Expertise in data analytics programs, e.g. R, SQL, etc. Experience in coding, especially actuarial software Total Compensation Range: $60,100 - $180,900 (inclusive of Base and Bonus). Compensation is commensurate with number of exams passed. 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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