Closer to capital and risk strategy than a pure modelling role because transaction due diligence and derivatives risk judgment distinguish the work.
Associate Life actuarial role in Chicago supporting M&A due diligence and risk analysis for variable and fixed indexed annuities. You’ll assess mortality and other liability assumptions, evaluate exotic derivatives, analyze risk-management programs, and implement financial modelling solutions using MG-ALFA and Integrate. A master’s degree and ASA certification are required; the role is onsite and pays $106,080-$114,400 annually.
Requirements
Must have
Master's degree in Actuarial Science, Mathematics with concentration in Actuarial Science, Statistics, Science with concentration in Actuarial Science, or equivalent
ASA certification
Permanent US work authorization
Strongly preferred
Analyze statistical data such as mortality, accident, sickness, disability & retirement rates
Conduct M&A due diligence including review of assumptions, risks & operations of Variable Annuities and/or Fixed Indexed Annuities
Evaluate appropriateness of exotic derivatives in reducing company's risk exposure
Implement financial modeling & tech solutions using MG-ALFA & Integrate
Skills & Domain
ToolsExcel
DomainM&A due diligenceVariable AnnuitiesFixed Indexed AnnuitiesExotic derivatives risk evaluation