Assistant Actuary, FP&A - Stamford, United States - Legal & General America

Description

Assistant Actuary, FP&A at Legal & General America

Legal & General America is dedicated to creating a brighter future for its customers, partners, colleagues, and communities. As a leader in term life insurance, we are revolutionizing our business with innovation and technology to provide affordable financial security for more American families. We also excel in institutional retirement solutions, helping companies manage pension risk and secure the financial future of their annuitants through our strong financial backing and top-notch customer service.

Overview

Are you skilled in Moody's Axis modeling system, have a strong foundation in financial analysis and forecasting, and possess excellent analytical and interpersonal abilities? If yes, you may be the perfect fit for this role.

The Assistant Actuary position focuses on overseeing the Business Plan process, analyzing results, and offering insights on business performance across various accounting bases. This role involves conducting earnings and capital analysis quarterly to explain variances between actuals and projections. You will play a key role in supporting the company's Protection business, collaborating with management to deliver essential information and analysis for strategic decision-making.

• Support the creation and maintenance of the Moody's Axis Protection corporate model for planning and forecasting.
• Identify and implement model changes to enhance efficiency and accuracy.
• Perform ad-hoc analysis of model results to explain unexpected movements and identify errors.
• Collaborate with other departments to provide modeling support and expertise when needed.
• Run Business Plan processes and analyze results for senior management.
• Ensure model control and integrity by maintaining detailed documentation of changes made.
• Implement operational improvements to increase efficiency and minimize errors.
• Act as an expert on financial reinsurance deals and facilitate communication among key partners.
• Provide modeling expertise for internal needs such as capital efficiency analysis and pricing support.

Qualifications

Education

• BS/BA in Actuarial Science, Mathematics, Statistics, or related field.
• Advancing ASA or Career ASA.

Experience/Knowledge

• 5+ years of life insurance/actuarial experience.
• Expertise in Moody's Axis modeling and Life Insurance Product.
• Knowledge of US Statutory, Tax, and IFRS reporting.

Skills

• Proficiency in spreadsheet and database tools (Excel, MS Access, VBA, SQL).
• Strong analytical, communication, and problem-solving skills.
• Ability to work collaboratively in cross-functional teams.
• Detail-oriented with excellent organizational and time management skills.
• Proactive, innovative, and capable of identifying trends in data.

The Assistant Actuary role offers a competitive salary range of $104,000 - $143,450 annually, with additional benefits such as a locality pay differential for the Stamford, CT office. Candidates near Stamford, CT or Frederick, MD are preferred for this position. The total compensation package may include a sign-on bonus, long-term incentives, and annual bonuses. Employees can also enjoy benefits like health insurance, 401K matching, generous time off, and professional development opportunities. Legal & General America values diversity and provides equal opportunities for all candidates.