Overnight Actuarial Modeling Jobs (NOW HIRING)

Job Summary: A Senior Actuary is a non-rotational position outside of Hannover Re's Actuarial Development Program ("ADP"). The Senior Actuary's primary responsibility is to lead the experience study process for the Life Solutions Long Term Care Hybrid (LTCH) business.

Essential Functions:
(60%) Technical Support and Analysis
Lead the technical completion of LTCH experience studies and model validation by writing and running R code utilizing an internal R package.
Implement new statistical methodologies to further analytic abilities and strengthen the assumption review/adjustment process.
Summarize experience results and work with the AVP, Actuary, to improve the LTCH model assumptions.
Implement assumption updates to the LTCH assumption database and perform impact analysis on the projected financial results. Review results for reasonableness to validate correct implementation. Abide by model governance guidelines when implementing approved assumptions updates into the production model.
Comprehensively documents technical process, ensures integrity of results by collaborating with key stakeholders to develop/implement controls to ensure auditability, and is prepared to speak to completed analysis for internal or external stakeholders.

(30%) Business Management and Collaboration
Support the development of the business requirements for the underlying experience study data that feeds the LTCH experience studies
Identifies areas of weakness with experience study data and communicates data needs for remediation and improvement.
Trains and assists peers and junior employees, as requested or required, to foster growth and development within the department.
Actively manages multiple priorities and responsibilities, effectively prioritizes and communicates progress with results to the stakeholder group.
Looks for ways to improve processes for efficiency and accuracy.
Coordinate with stakeholders, including the financial reporting and modeling teams, to ensure objectives are aligned with quarterly valuation deadlines.

(10%) Ad-hoc Project / Other
Assist with ad-hoc projects in the department 

Competencies:
Manages Complexity
Drives Results
Self-Development
Optimizes Work Processes
Tech Savvy 
Essential knowledge, skills, and abilities:
Bachelor's degree in Actuarial Science, Statistics, Mathematics, or similar
Fellow of the Society of Actuaries or within 1 year of FSA attainment
5+ years of experience in an Actuarial role
Actuarial modeling experience: Risk Agility preferred
Computer software: Microsoft Suite (Excel, Word, and Outlook), Database knowledge (high proficiency)
Programming knowledge: R, SQL, VBA, C++, or similar
Business knowledge: Reinsurance basics, Long Term Care Hybrid
Business skills: Strong verbal communication, Excellent writing skills, Ability to communicate complex initiatives

Desired knowledge, skills, and abilities:
Azure DevOps
Valuation knowledge: Solvency II, IFRS17, Stat, AG48, and PBR
Experience with establishing controlled procedures
Experience with project planning and managing a broad range of stakeholders
Experience leveraging AI to automate routine actuarial tasks

Travel:
10%  domestic travel, including overnight stays

Company Standards:
Adhere to Hannover Re policies, procedures and rules of conduct
Perform all duties with the goal of supporting our mission statement and maximizing shareholder value
Develop and maintain professional and productive working relationships with co-workers, customers, and/or vendors

Work Environment:
This job is a full-time position that operates in either a home office or local office environment. It requires the ability to utilize standard office equipment, including but not limited to computers, phones, and communication tools as needed.  

Compensation (Inclusive of Base + Bonus)
  $113,600 - $205,800