Pension Risk Transfer Actuary (Remote)

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone.  We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance, investment and technology solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.

Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Job Purpose:

This position will work with a team to bid on and support Pension Risk Transfer deals.  Responsibilities may include reviewing bid specs, performing or reviewing pricing set-up and execution, reviewing contracts, and supporting benefit and other calculations needed by our administration teams.  The position may also develop, implement, or review changes to pricing tools and assumptions.

The position has significant freedom to conduct analysis and develop solutions to actuarial issues. The primary purpose is to conduct analysis, and communicate conclusions of analysis, helping to drive desired business performance.  The position requires the ability to communicate complex analysis and conclusions to business leaders, assisting those leaders in taking appropriate actions to meet company financial objectives.   This position has regular interaction with external audiences in support of filings, financials, or audits, and occasional contact with customers.
 

Analyst:

Helps implement solutions by reviewing data, determining the requirements of a project or program, and communicating them clearly to stakeholders, facilitators and partners. They assist with the business case, organizing requirements, translating and simplifying requirements, and requirements analysis. Analysts may also use requirements to drive the design or review of test cases, process change requests, and manage a project’s scope, acceptance, installation and deployment.

Framework General Profile and Scope:
(Standard criteria based on job factors for the career track /level)

• Requires specialized depth and/or breadth of expertise.
• May lead teams or projects with moderate resource requirements, risk, and/or complexity.
• Interprets internal or external business issues and recommends best practices.
• Solves complex problems, taking a broad perspective to identify innovative solutions where change is needed.
• Works independently, with guidance in only the most complex situations.

Competencies:

• Understanding the Business
  • Business Acumen
  • Functional/Technical Skills
• Organizational Positioning Skills
  • Comfort around Higher Management
  • Presentation Skills
  • Written Communication
• Making Complex Decisions in an Unstructured Environment
  • Dealing with Ambiguity
  • Decision Quality
  • Intellectual Horsepower & Agility
  • Perspective
  • Problem Solving
     

Job Responsibilities:

• Sets expectations for actuarial model capabilities, identify model data needs and available sources.
• Set assumptions and oversees pricing studies, rate filings, analyze and interpret financial results, communicate to product leadership.
• Develop new & creative solutions to actuarial issues.
• Conduct independent analysis and draw conclusions & make recommendations.
• Serve as actuarial viewpoint expert in a wide variety of actuarial subjects, and in company, industry and regulatory practices.
• Provide effective interaction with leadership of underwriting, claims and other units as required by particular project.
• Provide effective interaction with external audiences in support of filings or audits, and occasional contact with customers.
• Impacts the achievement of customer, operational, project or service objectives; work is guided by functional.
• Actively pursue actuarial accreditation. Maintains good standing in the actuarial student program.
   

Actuary Projects

• Communicates difficult concepts and negotiates with others to persuade a different point of view.
   

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.
 

Job Requirements:

• Bachelor’s degree in actuarial science, statistics, mathematics or a related field.
• Six-plus years of experience in actuarial setting with progressive responsibilities.
• FSA or FCAS Level or equivalent.
• Broad knowledge or insurance operations and products and emerging issues.
• Ability to communicate technical concepts to non-technical audiences in an informal setting.
• Ability to interact with other functional areas as required.
• Ability to pay attention to detail, produce accurate results and develop self-validation skills.
• Strong organization and time management skills.
• Ability to handle multiple priorities and tight deadlines.
• Ability to work independently or as part of a team.
• Ability to develop and use collaborative relationships to facilitate the accomplishment of work goals.

#LI-LT

#LI-Remote

If you’re ready to help make a difference, apply today. Please provide your Work Experience and Education or attach a copy of your resume.  Applications received without this information may be removed from consideration.

Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.

Base Salary Range:

At TruStageTM, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan.  Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees.  We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.