Talcott Financial Group
Corporate Development, Actuary Director
Talcott Financial Group, Hartford, Connecticut, us, 06112
Talcott Financial Group is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $120 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.Talcott Financial Group’s two core business platforms include:
U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Key Responsibilities:This position can be located in Connecticut, New York, Bermuda or Cayman and shall support the corporate development deal team in its efforts to underwrite new reinsurance and M&A opportunities. Key responsibilities include:
Research on target products, put together product specifications for modeling team, educate project group on product featuresSupport liability model build on new projects, work with modeling team, provide model validation and peer reviewWork on inforce and assumption constructions used in actuarial pricing modelsWork with investment team to implement SAA into actuarial modelsManage ALM projections in support of the pricing process for block reinsurance and legal entity transactionsDevelop and manage actuarial models and processes supporting pricing and renewal rate setting on existing and new business flow arrangementsSupport financial reporting, valuation, and risk management teams in the development, maintenance and ownership of relevant actuarial models, controls, and processesCollaborate with other functional areas and fulfill other roles and responsibilities as required to support the growth and evolution of overall enterprise and execution of key prioritiesQualifications:Bachelor's degree in mathematics, statistics, actuarial science, or related fieldFSA or career ASA candidate is preferredMinimum of 5 years of work experience in insurance, with demonstrated expertise in pricing, financial reporting or liability managementExperience in building actuarial models in AXIS, and use of other programs and tools to improve processes and solve complex problemsSuperior technical skills and strong attention to detailExcellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partnersSelf-reliant and capable of quickly learning new concepts, thinking creatively and critically, agile and adaptable to changing needs and challenges of a fast-paced companyResults-oriented and able to work under tight deadlines in a high-performance environmentCompensation:The annualized base pay range is mainly based on an evaluation of comparable positions in the external market. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition. Estimated salary compensation: $150,000-$200,000.#J-18808-Ljbffr
U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Key Responsibilities:This position can be located in Connecticut, New York, Bermuda or Cayman and shall support the corporate development deal team in its efforts to underwrite new reinsurance and M&A opportunities. Key responsibilities include:
Research on target products, put together product specifications for modeling team, educate project group on product featuresSupport liability model build on new projects, work with modeling team, provide model validation and peer reviewWork on inforce and assumption constructions used in actuarial pricing modelsWork with investment team to implement SAA into actuarial modelsManage ALM projections in support of the pricing process for block reinsurance and legal entity transactionsDevelop and manage actuarial models and processes supporting pricing and renewal rate setting on existing and new business flow arrangementsSupport financial reporting, valuation, and risk management teams in the development, maintenance and ownership of relevant actuarial models, controls, and processesCollaborate with other functional areas and fulfill other roles and responsibilities as required to support the growth and evolution of overall enterprise and execution of key prioritiesQualifications:Bachelor's degree in mathematics, statistics, actuarial science, or related fieldFSA or career ASA candidate is preferredMinimum of 5 years of work experience in insurance, with demonstrated expertise in pricing, financial reporting or liability managementExperience in building actuarial models in AXIS, and use of other programs and tools to improve processes and solve complex problemsSuperior technical skills and strong attention to detailExcellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partnersSelf-reliant and capable of quickly learning new concepts, thinking creatively and critically, agile and adaptable to changing needs and challenges of a fast-paced companyResults-oriented and able to work under tight deadlines in a high-performance environmentCompensation:The annualized base pay range is mainly based on an evaluation of comparable positions in the external market. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition. Estimated salary compensation: $150,000-$200,000.#J-18808-Ljbffr