Legal & General America

  • Assistant Actuary, Plan Modeling

    Job Locations US-MD-Frederick | US-CT-Stamford
    ID
    2019-2241
    # of Openings Remaining
    1
    Category
    Finance
  • Overview

    At Legal & General America, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live.  As a recognized market leader of term life insurance, we’re working to transform our business through innovation and technology to provide products and solutions that help American families secure their financial futures.

     

    We are a future-focused company, passionate about what we do and how we do it. This means working with pace and energy to reach our goals, and challenging ourselves to achieve more.  We strive to create a unique environment where balance between work and life is possible. Our employees' passion, dedication and hard work, as well as our career development opportunities, benefits, and employee activities contribute to our positive workplace culture.

    Responsibilities

    • Supports the creation and maintenance of the AXIS PRT corporate models for planning and forecasting. Ensures implementation of models for Legal & General Retirement America (LGRA) with satisfactory standards and timeframes.
    • Identifies and implements model changes as needed to correct errors, streamline processes, and respond to changes in the underlying business. Completes these changes in a timely and accurate manner, and produces detailed documentation for all changes made. Peer review modeling work done by others.
    • Performs ad-hoc analysis of model results as needed to explain unanticipated movements, identify model errors, and evaluates the impact of potential business changes under various reporting bases.
    • Supports the Plan-to-Actual comparison and insures that all variances are explained.
    • Identifies opportunities for process improvement and automation, and assists in the implementation of these improvements, in order to optimize the efficiency, accuracy, and transparency of our production processes.
    • Works with other departments, e.g. Model Development and LGRA Finance, to provide modeling support and expertise when needed.
    • Assist with IFRS17 implementation.
    • Manage ad hoc projects as needed. Other duties as required.
    • Occasional travel to Connecticut may be required.

    Qualifications

    Education

    BS/BA in Math/Statistics.

    Associate of Society of Actuaries (ASA)

     

    Experience/Knowledge

    Minimum of 5 years of life insurance/actuarial experience.

    Pension buyout or payout annuity experience, strongly preferred.

    Model development or modeling experience. 

    Knowledge of US GAAP, IFRS, and US Statutory reporting requirements

         

    Skills

    Actuarial software skills –GGY AXIS skills is a must

    Spreadsheet and database capabilities (Excel, MS Access, VBA, and SQL).

    Strong analytical and problem solving skills

    Excellent written and oral communication skills, including presentation skills.

    Collaborative with ability to be a team player on cross-functional teams

    Flexibility when working with changing deliverables

    Detail oriented, able to manage several tasks with high level of accuracy

    Well organized, innovative and high level of initiative

     

     

                 

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