What are the responsibilities and job description for the Sr. M&A Actuarial Associate position at 8890 Resolution Life Services (US) Inc.?
As part of the application process, a candidate account is required to log in and view application(s). Please be sure to check email regularly for information regarding our employment process. Position Overview This position is responsible for supporting the structuring, pricing, and execution of M&A, reinsurance, and similar growth opportunities for Resolution Life, with a particular focus on transactions originating in the US. The position will provide these services to the range of insurance subsidiaries of Resolution Life, including support for Resolution Life's Bermudian activities in this area. The position will be a member of the newly formed Growth Solutions Team, supporting the senior leadership of Resolution Life to develop strategic growth opportunities, and will be a key supporting resource in the execution and implementation of these strategies. Position Responsibilities Supports the structuring and analysis of M&A, reinsurance, and similar growth opportunities for Resolution Life, with a particular focus on transactions originating in the US. Supports the analysis of transactions to achieve optimal transaction structures considering regulatory jurisdiction, accounting and capital framework, risk tolerance, strategic and business fit, and competitive considerations Supports transaction execution, working closely with onboarding teams (Actuarial, Finance, Investments, Operations), and the execution of transaction-related structured solutions Collaborates with the key subject matter experts as they work with the Legal team in developing the broad range of transaction documents associated with a transaction Supports the preparation of transaction / growth related committees, including due diligence committees, to ensure effective implementation and execution of related projects Documents pricing / underwriting assumptions, methodologies and results in a clear and transparent manner e.g. pricing memos, assumption summaries, and testing reports including structuring, regulatory impact assessment and the investment strategy of deals Ensures structuring / pricing / underwriting strategies comply with Company appetite and within an accepted framework with inputs from CRO & Chief Actuary Presents complex data and ideas in a coherent manner with understandable visuals to senior management Works effectively with the rest of the Growth Solutions team members, fostering a culture of collaboration, learning, and excellence Knowledge & Experience Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline FSA or near FSA, with 1-3 years of experience Knowledge of U.S. insurance products and asset intensive reinsurance transactions Solid skills with MS Office Software’s (PowerPI, Excel, Powerpoint) Detail oriented and strong analytical problem-solving skills Self starter and ability to learn and prioritize under a high pace working environment Strong oral and written communication skills; able to communicate with manager, team members and partners/customers Prior experience and knowledge in Embedded Value analysis is a plus Prior experience and knowledge in tax, accounting and capital system (US and Bermuda) is a plus Prior experience with risk management and measurement framework is a plus Location: New York City, would need to go into the office min 2-3 days per week. Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (all benefits are subject to eligibility requirements). The salary range reflects figures based on the primary location, which is listed first. The range for the role may differ based on the location. NYC: $125,100 - $152,000 Critical Skills At Resolution Life, we have identified the following critical skills which are key to success in our culture: Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations. Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution. Team Mentality: Partnering effectively to drive our culture and execute on our common goals. Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions. Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage. Resolution Life was founded with a clear mission: to support the long-term growth of the primary life insurance industry and deliver on our commitments to our policyholders, for the benefit of society. We serve that mission by acting as a global custodian to the life insurance and annuity industry by providing capital for growth through reinsurance and acquiring and managing portfolios of life insurance companies. Our innovative approach ensures promises can be kept, the primary market can grow, and everyone involved can have a secure financial future. In fact, we pride ourselves on innovating fit-for-purpose solutions to our customers’ challenges. We seek talented, ambitious people who dare to be different in their thinking, willingly collaborate, thrive in a dynamic, agile environment and share our desire to drive change for a better future. We will support you to drive your own career and achieve your full potential at Resolution Life. We’ve got big ambitions for the future and know we’ve got the best people to take us there. We hope to offer our people a career, not just a job. Check out our current employment openings and see if Resolution Life is right for you. Learn more about Resolution Life.
Salary : $125,100 - $152,000