What are the responsibilities and job description for the Actuarial Analyst position at Wilton Re?
We are searching for an experienced Actuarial Analyst at our Connecticut office.
Actuarial Analyst
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 for in force transactions, capital optimization, and operational efficiencies.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.
Position Summary
Part of a dynamic team that works with all areas of the company. This position provides exposure to multiple facets of actuarial work, including life insurance and annuity valuation, financial projection, embedded value, asset/liability management and capital management.
Role Responsibilities
Calculate STAT/GAAP/Tax Reserves/ DAC/VOBA etc. and support quarterly results analysis.
Develop, maintain, and document valuation and embedded value models.
Conduct experience analysis and prepare experience reports for management.
Prepare material for internal and external reporting, including management, internal and external auditors, clients, rating agencies and regulators.
Basic Qualifications
Proficient in Microsoft Excel, Microsoft Access and programming languages (e.g., SQL, VBA). Experience with actuarial software (e.g., ARCVAL, ALFA) a plus.
Strong analytical skills and attention to detail.
Strong written and verbal communication skills.
Able to research problems or questions and provide responses.
React to change productively and able to prioritize multiple tasks appropriately.
Prior experience working in a corporate environment (full-time or internship) with knowledge of insurance and reinsurance products a plus
Required Education / Certifications
A degree in Mathematics, Economics, Statistics or Actuarial Science a plus.
Progress towards exams/ modules preferred
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourly rate range for this position in Connecticut is between $75,000 and $90,000 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 experience.
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. All incentives and benefits are subject to the applicable plan terms.
What We Offer
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site 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 confidential.
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 unsolicited resumes.
Actuarial Analyst
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 for in force transactions, capital optimization, and operational efficiencies.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.
Position Summary
Part of a dynamic team that works with all areas of the company. This position provides exposure to multiple facets of actuarial work, including life insurance and annuity valuation, financial projection, embedded value, asset/liability management and capital management.
Role Responsibilities
Calculate STAT/GAAP/Tax Reserves/ DAC/VOBA etc. and support quarterly results analysis.
Develop, maintain, and document valuation and embedded value models.
Conduct experience analysis and prepare experience reports for management.
Prepare material for internal and external reporting, including management, internal and external auditors, clients, rating agencies and regulators.
Basic Qualifications
Proficient in Microsoft Excel, Microsoft Access and programming languages (e.g., SQL, VBA). Experience with actuarial software (e.g., ARCVAL, ALFA) a plus.
Strong analytical skills and attention to detail.
Strong written and verbal communication skills.
Able to research problems or questions and provide responses.
React to change productively and able to prioritize multiple tasks appropriately.
Prior experience working in a corporate environment (full-time or internship) with knowledge of insurance and reinsurance products a plus
Required Education / Certifications
A degree in Mathematics, Economics, Statistics or Actuarial Science a plus.
Progress towards exams/ modules preferred
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourly rate range for this position in Connecticut is between $75,000 and $90,000 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 experience.
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. All incentives and benefits are subject to the applicable plan terms.
What We Offer
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site 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 confidential.
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 unsolicited resumes.
Salary : $75,000 - $90,000