Senior Assistant Actuary FP&A

Support the creation and maintenance of the Moody's Axis PRT corporate model for planning and forecasting. Ensure implementation of models for LGRA have satisfactory standards and timeframes.
• Identify and implement model changes as needed to correct errors, streamline processes, and respond to changes in the underlying business. Complete these changes in a timely and accurate manner and produces detailed documentation for all changes made.
• Perform ad-hoc analysis of model results as needed to explain unanticipated movements, identify model errors, and evaluates the impact of potential business changes under various reporting bases.
• Support the Plan-to-Actual comparison and ensures all variances are explained.
• Finds opportunities for operational improvement and automation, and assists in the implementation of these improvements, in order to optimize the efficiency, accuracy, and transparency of our production processes.
• Collaborate with other departments, e.g. Model Development, to provide modeling support and expertise when needed.
• Support the team in addressing all work needed for the delivery of the Business Plan model. Provide thought leadership and Axis expertise on all model validation, refinement, and implementation, including functionality and reporting template needed for Business Plan.
• Gain expertise on the financial reinsurance deals for the business and serve as the team's expert on these deals, as well as a liaison among all the key partners during deal implementation stage to ensure all considerations have been appropriately made.
• Ability to coordinate between different key partners (Modeling, Accounting, Valuation, Pricing, Analytics, Governance, and internal and external parties involved in reinsurance deals) and plan related questions and requests.
• Run Business Plan process on cadence required by leadership and develop in-depth modeling expertise of all projections. Analyze Business Plan results and communicate the results with senior managers and other team members in the Finance department who are non-actuaries.
• Review modeling work performed by other actuaries on the team to ensure they are done appropriately to reflect product designs, all reporting requirements, reflect financial reinsurance deals, and meet modeling standards.
• Provide modeling expertise and support for other internal needs, including capital efficiency analysis, deal amendments, pricing support, production modeling, model governance, etc.
• Ensure model control is maintained around development models, to prevent unauthorized changes and ensure integrity of model results. Maintain detailed documentation of all changes made to models, including impacts under key reporting bases and evidence of validation and approvals.
• Identify and implement operational improvements, including automation of manual tasks where possible, to increase efficiency and transparency while minimizing the risk of errors.
• Other duties as required.

Education

BS/BA in Actuarial Science, Mathematics, Statistics or comparable

Near/new FSA or Career ASA

Experience/Knowledge

• 6+ years of life insurance/actuarial experience.
• Moody's Axis modeling experience is a key requirement.
• Experience in Retirement Product Modeling and Pricing.
• Knowledge of US Statutory, Tax, and IFRS reporting requirements.
• Knowledge of Pension Risk Transfer (PRT) business or related products.
• Working experience of financial reinsurance deals, a plus.

Skills

• Spreadsheet and database capabilities (Excel, MS Access, VBA, SQL).
• Strong actuarial analytical skills and problem-solving ability.
• Excellent communication skills, both written and oral.
• Collaborative with ability to be a team player on cross-functional teams.
• Flexibility when working with changing deliverables.
• Detail oriented and able to manage several tasks with high accuracy.
• Well organized, innovative, and high level of initiative.
• Ability to quickly identify trends in large volumes of data.