Assistant Vice President, Life Pricing

The Assistant Vice President, Life Pricing, is an experienced technical contributor who plays a key role in pricing, structuring, and analyzing potential life and annuity reinsurance transactions.

What You Will Do:

Pricing Analysis

• Data Analysis: Collect and analyze investment, liability and, other data to support pricing decisions.
• Pricing Models: Run the pricing models to produce baseline pricing results and sensitivities specific to each transaction.

Collaboration and Communication

• Cross-functional Collaboration: Incorporate data from investments, strategic finance, tax, and other teams to ensure the pricing analysis aligns with Fortitude's overall business goals.
• Stakeholder Communication: Assist in preparing the results of the pricing analyses.

Standards and Documentation

• Pricing Standards: Ensure pricing analyses comply with pricing standards.
• Documentation: Maintain comprehensive documentation of pricing models, methodologies, and assumptions.

Professional Development

• Continued Education: Engage in continuous learning and professional development activities, such as actuarial exams, to stay current with industry trends and advancements.
• Mentorship: Provide guidance and mentorship to junior team members within the department.

Continuous Improvement and Innovation

• Model Improvement: Assist in the implementing and reviewing model changes to improve the pricing models.
• Innovative Solutions: Propose and implement innovative solutions to enhance pricing models and methodologies.

What You Will Have:

• Qualified Fellow of the Society of Actuaries or Institute of Actuaries or career ASA with 7+ years of experience post ASA.
• Strong modeling and technical skills (Excel modeling skills required, AXIS/SQL/Python/Julia a plus).
• Previous experience in pricing, corporate FP&A, Capital Management, Valuation, Financial Reporting, Reinsurance, and/or ALM. Experience with Bermuda’s regulatory framework for long-term insurance a plus.
• Strong communication and interpersonal skills, adaptable, and a team player.
• Organized, reliable, detail-oriented, and motivated to support delivering timely results and quality work products.
• Ability to prototype models for validation and ground-up development, learning real-time, anticipating problems or challenges, and proactively addressing them.
• A strong conceptual understanding and hand-on experience with different financial reporting bases (e.g. US/Canadian/Bermuda/International regimes).
• Drive to solve problems in a disciplined and pragmatic way.

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