This position is available onsite at our Houston, TX office.
What You'll Do:
Lead the analysis of normalized GAAP and STAT earnings to help senior management understand the profitability and capital generation of the PRT business. Minimal management oversight, review and guidance will be required.
- Effectively applies fundamental actuarial principles
- Prepare and communicate findings to various stakeholders in the business and c-suite
- Ad hoc support for core pricing team during high volume periods
- Stays updated on evolving standards that impact the business including LDTI, PBR, and government regulation
- Evaluate strategic options for the PRT business including but not limited to longevity reinsurance
- Evaluate financial statement adjustments, normalization techniques, capital and expense allocations for impact on PRT KPIs, with guidance from PRT business leaders advocate for changes as appropriate
- Develop STAT to GAAP earnings walk and source of earnings analysis
- Own plan and forecast for the PRT business
- Collaborate with investments to optimize target asset allocation and investment strategy
- Trains less experienced analysts with spreadsheets, databases, and sources of data used in actuarial analyses
- Potential for future direct reports and responsibilities as role expands
What You'll Need:
- A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required
- Six to eight years of experience.
- Additional Qualifications:
- The ability to demonstrate sufficient progress in understanding and applying basic actuarial principles is required
- Attainment of a fellowship designation. Performance and years of experience may be considered in lieu of Fellow of the Society of Actuaries (FSA) attainment.
- At least six years of actuarial analysis.
Insurance industry experience including knowledge of financial statements
A qualified candidate should possess strong written and verbal communication skills, and be motivated, resourceful and entrepreneurial. If you have the ability to efficiently manage multiple tasks concurrently and meet ambiguity with resilience, you are encouraged to apply.
Preferred Qualifications:
- Knowledge of Group Annuities and/or Pensions
- Experience in Pension Risk Transfer or Pensions
Our job titles may span more than one career level. The actual base pay is dependent upon many factors, including training, transferable skills, work experience, business needs, and market demands. The base pay is subject to change and may be modified in the future.
American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company's 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.
American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization's values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.
Hiring Practices
The preceding job posting was designed to indicate the general nature and level of work performed by employees assigned to this position. It is not intended to be interpreted as a comprehensive list of all duties, responsibilities, and qualifications. We are dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this role, but your past experience doesn't align perfectly with the job qualifications, we still encourage you to apply. You may be just the right candidate for this position or other opportunities at American National.
American National's recruitment policies help us place individuals in a timely and efficient manner. Only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application(s) by logging into their account. Learn more about our company, by following us on social media: LinkedIn, Facebook, Instagram
American National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.
Working at
American National Insurance Company
American National Insurance Company is a prominent provider of insurance and financial services with a legacy spanning over a century. As a well-established industry leader, American National offers a wide range of insurance products, including life, property and casualty, and health insurance. Actuaries at American National Insurance Company play a vital role in evaluating and managing risks. They utilize their expertise in advanced statistical models and data analysis to assess risks, develop pricing strategies, and ensure the financial stability of the company's insurance offerings. With a diverse portfolio of insurance products and a customer-centric approach, American National provides actuaries with a dynamic and rewarding work environment. Actuaries collaborate with cross-functional teams, analyze data, and provide insights that inform strategic decision-making. Professional growth is highly valued at American National Insurance Company, and actuaries have access to ongoing training and development opportunities. Actuaries can enhance their skills, stay abreast of industry advancements, and contribute to the company's success. Join American National Insurance Company's esteemed actuarial team and embark on a fulfilling career where you can make a meaningful impact on protecting individuals and businesses. Enjoy competitive benefits, a supportive work environment, and the opportunity to shape the future of the insurance industry.