Corporate Development, Actuary and Director-Bermuda
Talcott Financial Group
Località del lavoro
Hamilton, Bermuda
Stato di occupazione
Tempo pieno
Dettagli del lavoro
Talcott Financial Group* is an international life insurance group and the industry's trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. Talcott has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $122 billion in pro-forma assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott's two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Key Responsibilities:
• Support the corporate development deal team in its efforts to diligence, structure and underwrite new reinsurance and M&A opportunities; contribute to the construction of technical models and analysis in support of the pricing process for block reinsurance and legal entity transactions
• Develop and maintain pricing and renewal rate setting models used in the management of non-guaranteed elements on existing in-force contracts and to generate proposals on new business flow arrangements
• Assist in the evaluation and modeling of transactions by combining technical understanding of financial / regulatory concepts with creative problem solving
• Participate in deal discussions and gain familiarity with transaction agreements
• Help prepare presentation materials for meetings with working groups, executive management teams, investment committees, Board of Directors, investors, financing providers, rating agencies, and regulators
• Support financial reporting, valuation, and risk management teams in the development, maintenance and ownership of relevant actuarial models, controls, and processes
• Take initiative to gain deeper understanding of target products, industry trends, and competitive landscape; stay current on regulatory developments in all relevant jurisdictions
• Collaborate with other functional areas and fulfill other roles and responsibilities as required to support the growth and evolution of overall enterprise and execution of key priorities
Qualifications and Requirements:
• Bachelor's degree in mathematics, statistics, actuarial science, or related field
• Fellow of the Society of Actuaries (FSA) or equivalent
• At least 5 years of work experience in insurance or finance, with expertise in pricing, liability management, and investments
• Experience in building actuarial models in AXIS or similar programs, and use of other programs and tools to improve processes and solve complex problems
• Superior technical skills and strong attention to detail
• Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partners
• Self-reliant and capable of quickly learning new concepts, thinking creatively and critically, agile and adaptable to changing needs and challenges of a fast-paced company
• Results-oriented and able to work under tight deadlines in a high-performance environment
• Ability to travel when required
• Talcott Re is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Re maintains a drug-free workplace and is committed to building inclusion and leveraging diversity.
Other details
• Job Function MP
• Pay Type Salary
• Travel Required Yes
• Travel % 20
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