At Legal & General America, we are passionate about helping create brighter tomorrows for our customers, partners, colleagues, and the communities in which they live.  A recognized market leader of term life insurance, we’re transforming our business through innovation and technology to make it easy and affordable for more American families to secure their financial futures. We bring the same passion to our institutional retirement business, partnering with companies to mitigate pension risk and ensure the financial future of their annuitants with our financial strength and market leading customer service.

The Actuarial Assistant is primarily responsible for the development and maintenance of Moody’s Axis actuarial models used to IFRS17 financial planning, analysis, and forecasting. Keep stakeholders abreast of progress and agreed prioritization of all model changes and analytics striving to execute all requests with superior quality, timing, and communications. The role supports the finance department driving insights into the company's Pension Risk Transfer (PRT) business and financials, with extensive work with management to provide the information and analysis needed to make strategic, financial, and operational decisions.

If you are looking for a high-profile growth opportunity supporting our Model Analytics Officer with financial planning, reporting and analysis skills, maintaining the PRT planning and forecasting model, and developing tools that support actuarial and financial analysis, then you may be well suited for this role.

• Supports the development and maintenance of the Moody’s Axis PRT model for planning and forecasting satisfying appropriate standards and timelines, producing detailed documentation for all changes made. 

• Supports the Plan-to-Actual comparison and ensures all variances are understood and explained, performing ad-hoc analysis to explain any unanticipated movements, identify model errors, and evaluates the impact of potential business changes under various reporting metrics. 

• Identifies opportunities for process improvement and automation, and assists in their implementation to optimize the efficiency, accuracy, and transparency of processes. 

• Works closely with other departments to provide modeling support and expertise with plan related questions and requests as needed. 

• Run Business Plan process on cadence required by leadership and develop in-depth modeling expertise of all projections. Analyze Business Plan results and be able to communicate the results with senior managers and other stakeholders. 

• Review modeling work performed by other actuaries on the team to ensure that they are done appropriately to reflect product designs, all reporting requirements, reflect financial reinsurance deals, and meet modeling standard. 

• Ensure model control is maintained around development models, to prevent unauthorized changes and ensure integrity of model results. Maintain detailed documentation of all changes made to models, including impacts under key reporting bases and evidence of validation and approvals. 

• Other duties as required.

Education

• BS/BA Math/Statistics.
• 3+ Exams working towards ASA

Experience/Knowledge

• 4+ years of life insurance/actuarial experience
• Model development experience using Moody’s Axis required. 
• Pension buyout or payout annuity experience preferred.
• Experience in multiple accounting methods (STAT, Tax, IFRS4, IFRS17, EC, SII) preferred.

Skills

• Moody’s Axis experience is a key requirement.
• Datalink experience expected.
• Spreadsheet and database capabilities (Excel, MS Access, and SQL).
• Strong actuarial analytical skills and problem-solving ability
• Strong written, oral, and presentation skills.
• Ability to multi-task in a deadline-oriented environment
• Collaborative with ability to be a team player on cross-functional teams