Senior Manager – Actuarial, Life/Annuities
Marsh McLennan
full-time
Posted on:
Location Type: Hybrid
Location: Dallas • Connecticut, Pennsylvania, Texas, Washington • 🇺🇸 United States
Visit company websiteJob Level
Senior
About the role
- Develop financial models for mergers, acquisitions, internal and external reinsurance, and other capital markets transactions with minimal oversight
- Manage actuarial due diligence, including review of actuarial appraisals, product features, experience studies/assumptions, and asset portfolio; breakdown of complex datasets into simple narratives and recommendations
- Develop executive level management reports, including development of data visualizations
- Present findings to senior management and C-suite executives
- Develop network of contacts throughout the industry via participation in deals, industry conferences, and other events
- Participate in client sales meetings and proposal development
- Work in partnership with our management consulting and actuarial practices in the US and globally
- Act as a trusted resource for both clients and junior staff for product- and technical-related actuarial questions
Requirements
- 5+ years of professional experience in financial consulting or insurance - FSA preferred
- Prior life insurance M&A and pricing experience is required
- Demonstrated experience in actuarial pricing model development, profitability projections, and data flow management
- Strong background in risk management, sensitivity analysis, and regulatory compliance testing
- Proven experience in product development lifecycle and inforce policy management
- Familiarity with profitability measure calculations and develop sensitivity analyses for a broad range of life insurance and annuity products
- Broad exposure to life insurance, annuity and/or long-term care knowledge and industry recognition in areas such as product development, valuation, financial reporting, and risk management with subject matter expertise in at least one area
- Ability to lead and manage projects, including effective delegation and client solution development
- Exposure to various accounting regimes (e.g. US NAIC, Bermuda EBS, US GAAP, IFRS, Solvency II)
- Proficiency in financial modeling, pricing, valuation with a focus on base case profitability and stress analysis
- Ability to deliver against tight deadlines, in fast-paced, demanding environments
- Detailed oriented with the ability to work on multiple projects concurrently
- Evidence of intellectual curiosity and ability to think strategically and creatively
- Self-motivated, an entrepreneurial attitude, and not afraid of long hours
- Strong communication skills.
Benefits
- Flexible work arrangements
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial modelingactuarial pricing model developmentprofitability projectionsdata flow managementrisk managementsensitivity analysisregulatory compliance testingproduct development lifecycleprofitability measure calculationsvaluation
Soft skills
project managementeffective delegationclient solution developmentcommunicationintellectual curiositystrategic thinkingcreativityself-motivationentrepreneurial attitudeattention to detail
Certifications
FSA