Associate Actuary, Group Reinsurance
3 weeks ago
Essential Duties and Responsibilities:
- Supports the corporate goal to grow the assumed reinsurance business operations, participating in the pricing and underwriting process for potential reinsurance transactions.
- Performs independent analysis of data submitted by ceding companies to price the business and provide quotes.
- Analyzes the viability and attractiveness of reinsurance proposals.
- Reviews proposed treaty language and terms of the transaction.
- Provides recommendations to senior management on reinsurance proposals. Presents and explains pricing results.
- Supports the execution, approval, and implementation process of reinsurance transactions.
- Builds tools to manage the portfolio.
- Analyzes client and industry data to recommend appropriate pricing assumptions.
- Supports the reinsurance administration for annuity and life insurance treaties. Prepares and reviews treaty settlements, initiates wires, and performs reconciliations when necessary.
- Supports the Actuarial team and other departments on an as needed basis.
- Willingly takes on additional responsibilities as requested in order to accomplish department and Company objectives.
- Actively participates and contributes to the goals and objectives of the Company by working collaboratively and fostering a positive and inclusive work environment.
- Excellent mathematical, analytical, organizational and problem solving skills and attention to detail.
- Effective communication and presentation skills, both verbal and written.
- Ability to prioritize workflows, establish and meet deadlines and manage multiple concurrent tasks.
- Ability to work effectively in a variety of situations and respond to change in a positive manner.
- Advanced computer skills and the ability to navigate multiple systems and programs including Microsoft Office, proprietary systems and other technology solutions.
- Excellent interpersonal skills are required, including a high degree of professionalism.
- Carries out responsibilities in a manner that is consistent with Atlanta Life's Core Values and focus on customer service; helps to create an environment of openness and trust for all employees and strives for continued professional skills development.
- Minimum 5 years of relevant actuarial work experience required.
- Minimum 2 years of experience with group life insurance required.
- 4 years of experience in reinsurance for group life and/or group health preferred.
- Bachelor's Degree - Actuarial Science, Math, Statistics, Data Analytics required.
- Business Travel: Infrequent travel (less than 5% of the time).
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Atlanta Life Insurance Company is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit
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