- es: Determine, review, and analyze quarterly STAT, GAAP, and tax reserves and related balances for a variety of life insurance and annuity produ
- cts.Provide required financial reporting information to other areas of the Company, clients, and for regulatory and compliance support, including au
- dit.Perform annual cash flow testing and other asset adequacy analy
- sis.Analyze financial results and experience, propose assumption updates, and support executive level decision mak
- ing.Propose, test, and implement process improveme
- nts.Support the Company in regulatory examinations and questions and ensure the Company complies with regulatory chan
- ges.Support Company's LDTI implementation and actuarial modeling conversion from various systems to Moody's A
- ions:Minimum 8-15 years of US STAT and GAAP reserving and financial reporting exper
- ienceStrong critical and analytical thi
- nkingStrong understanding of life insurance products (whole life, term, UL, payout annuities, deferred annuities, long-term
- care)Strong communication and collabor
- ationAble to research problems or questions and provide resp
- onsesReact to change productively and able to prioritize multiple tasks appropri
- atelyStrong with
- ExcelExperience with AXIS, ALFA and ARCVAL/CASE a
- We Offer:Competitive vacation and sick time, including company-paid holidays, floating holidays and early cl
- osing days401(k) plan with employer contribution - US Empl
- oyees OnlyProfit Shari
- ng ProgramCompetitive pare
- ntal leaveHealth, vision, dental, and life insurance, including access to health and wellnes
- s programsActuarial Development Program (ADP) for Actuarial employees ta
- king examsEmployee Assistance Pro
- gram (EAP)Current hybrid working e
- nvironmentEmployee Engagement Events and various committees on si
-
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AVP, Actuary - Norwalk, United States - Wilton Re
Description
AVP, Actuary
Full Time
Norwalk, CT
About the Company
:Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients' businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies
.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the marke
t.
Position Summa
ry:An excellent opportunity to be a part of a rapidly growing life insurance and reinsurance company's dynamic Finance team. This position would be involved in a broad spectrum of actuarial projects and tasks. They include: calculating reserves and related balances, modeling future cash flows for financial projections and Embedded Value, and analyzing quarterly and annual financial results. This position, you will interact with other departments like accounting, investments, IT, and operations. This position has the opportunity to interact regularly with senior members of the Company, including the CEOs and CF
Os.
Role Responsibiliti
XIS.
Basic Qualificat
plus.
Required Education / Certific
ationsFSA desig
nation
Pay/L
ocationNorw
alk, CTHybrid St
ructureMinimal to no travel r
equired
Base salary/hourly rate range for this position in Connecticut is between $150,000 and $ 180,000 Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and exp
erience.
Base salary is just one component of Wilton Re's total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable pl
an terms.
What
te to join
Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as co
nfidential.
To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolici
