Senior Actuary

Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for a full-time Sr Actuary position within the CSS – Enterprise Risk Management department.

You can look forward to

The Senior Actuary role within ERM is a non-rotational position outside of the Actuarial Development Program (“ADP”). The role supports the overall risk management and reporting efforts of ERM with particular emphasis on semi-annual board reporting, quarterly regulatory reporting, Asset Liability Management, and new business risk reviews.

The role is highly collaborative within CSS and across business units. The Sr Actuary must have a strong working knowledge of capital and reporting regimes, reinsurance solutions and underlying products, and Hannover Re’s data infrastructure.

The Sr Actuary will also provide mentoring or managerial oversight to department ADP members or interns.

Essential Functions:

(60%)Technical Support and Analysis

• Manages the risk analysis and reporting processes around the quarterly production of risk reporting and expanded semi-annual risk reporting for the board of directors to demonstrate compliance with Hannover Re’s risk appetite and strategy, support regulatory ORSA requirements, and provide appropriate assurance to other internal and external stakeholders.
• Builds and maintains tools for monitoring underwriting guideline compliance and capital impact assessments.
• Researches and implements process improvements for continued efficiency.

(25%)Business Management and Collaboration

• Contributes to analysis, modelling and risk assessments of key risks, risk reporting, operational processes, documentation, and internal control framework.
• Facilitates effective internal control design and implementation to ensure effective risk monitoring and reporting.

(15%)Ad-hoc Projects / Other

• Coordinates implementation of strategic and risk infrastructure related projects.
• Provides mentoring or managerial oversight to department ADP members or interns.

You come equipped with

Competencies:

• Manages Complexity
• Self-Development
• Tech Savvy
• Decision Quality
• Resourcefulness

Essential knowledge skills and abilities:

• Bachelor’s degree in Actuarial Science, Statistics, Mathematics or similar.
• Associate (ASA considered with 5+ years experience) or Fellow of the Society of Actuaries.
• 4+ years of experience in an actuarial role.
• Intermediate/Advanced Microsoft software skills.
• Insurance product knowledge: Term, ULSG, FIA/FA, VA, LTC, Health.
• Business knowledge: (Re)insurance basics, Solvency II, IFRS17, Stat/GAAP, Predictive Modelling, AG48, CARVM/AG33.
• Strong verbal communication and excellent writing skills.
• Ability to communicate complex initiatives to all stakeholders.
• Ability to execute on multiple priorities simultaneously.

Desired knowledge skills and abilities:

• Programming knowledge: R, VBA, Python, SQL, etc.
• Proficient with Hannover Re data infrastructure (LARS, General Ledger).

Travel:

• 10% Light travel may be requested to Orlando.

Total Compensation Range (Inclusive of Base + Bonus):

• $111,500 - $198,100

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 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.

We are committed to making our application process and workplace accessible for individuals with disabilities.

We will accept applications until a candidate has been identified and selected to fill this position.