Senior Assistant Actuary, IFRS Valuation at Legal General America
Frederick, MD 21704, USA -
Full Time


Start Date

Immediate

Expiry Date

10 Dec, 25

Salary

172000.0

Posted On

10 Sep, 25

Experience

6 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Analytical Skills, Sql, Actuarial Science, Sas, Production Processes, Statistics, Economics, Communication Skills, Valuation, Mathematics

Industry

Financial Services

Description

Overview:
At Legal & General America, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live. As a recognized market leader of term life insurance, we’re working to transform our business through innovation and technology to provide products and solutions that help American families secure their financial futures.
We are a future-focused company, passionate about what we do and how we do it. This means working with pace and energy to reach our goals and challenging ourselves to achieve more. We strive to create a unique environment where balance between work and life is possible. Our employees’ passion, dedication and hard work, as well as our career development opportunities, benefits, and employee activities contribute to our positive workplace culture.
The Senior Assistant Actuary is a member of the IFRS Valuation team, responsible for production, analysis, and review of IFRS reserves and related financial information (including Best Estimate Liabilities (BEL), Risk Adjustment (RA) and Contractual Service Margin (CSM)) for Legal & General America and affiliated entities with a focus on its pension risk transfer (PRT) business. In this role, you will be viewed as a subject matter expert in valuation processes and will coordinate with both internal and external stakeholders to maintain, enhance, and modify as necessary, those processes. Additionally, you will perform independent research to design, recommend and implement significant and sophisticated changes to relevant processes to reflect specific requirements with respect to the pending transaction integrating LGA with its new parent company Meiji Yasuda Life.
Responsibilities:

EDUCATION

BS/BA in Actuarial Science, Mathematics, Statistics, Economics, or related field
FSA, Advancing ASA or Career ASA with 12+ years experience

EXPERIENCE/KNOWLEDGE

6+ years of pension risk transfer/life insurance/actuarial experience, including valuation
Understanding of life insurance products and related risks; preferred experience with PRT business
Detailed knowledge of IFRS17 and/or US GAAP reporting frameworks
Experience maintaining controlled production processes

SKILLS

Strong actuarial analytical skills and problem solving capabilities
Actuarial software skills (Moody’s AXIS experience preferred)
Spreadsheet and database capabilities (Excel, VBA, SAS, SQL), including programming
Proficient written and oral communication skills
Ability to convey technical concepts to non-technical audiences
Comfortable with changing demands / priorities
Strong self-motivation and attention to detail
Ability to multi-task in a deadline-oriented environment
Ability to work independently and collaboratively

Responsibilities
  • Complying with relevant professional development requirements and guidelines
  • Leading and directing the work of others on the team as necessary
  • Promote company culture by demonstrating our core behavioral competencies: Collaborative, Purposeful, and Straightforward
  • Proactively supporting additional / cross-functional projects as required
    Qualifications:
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