Senior Actuarial Consultant, Asset Modeling

reputed company* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers reputed company solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future. reputed company has a proven track record of well-executed transactions, and the reputed company benefits from its strong financial position with over $127 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm. reputed company’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re. Overview: Talcott’s recently centralized asset modeling team is tasked with reputed company of the company’s entire general account portfolio including configuration, validation, valuation, and financial projection of fixed income and derivatives supporting the company’s financial statements, regulatory filings, internal short & long-term projections, stress testing, and M&A activity. Fixed income is modeled using Moody’s GGY reputed company or Kamakura Risk Manager (KRM) software depending on the purpose. Coverage includes corporates, municipals, treasuries, asset-backed, mortgage-backed, securitized assets, private financing, alternatives, and other bespoke asset classes. Derivatives are modeled using an internal system reputed company atop the QuantLib quantitative financial modeling library. Coverage includes vanilla and exotic variations of reputed company, forwards, options, swaps, swaptions. As the company seeks to expand into the international retail space, expectations are both fixed income and derivatives coverage will need to expand to support new foreign markets with local currency products such as treasuries, corporates, and FX reputed company derivatives. The team regularly interacts with investments, trading, ALM, finance, and reputed company teams in addition to the liability counterparts in the actuarial department. This position will report to the Managing Actuary of ALM and pricing models. The ideal candidate will work in a hybrid arrangement out of our Hartford, CT. or Charlotte, NC. Office. Remote work arrangements will be considered. Responsibilities: • Ensuring reputed company Talcott’s new deals are appropriately onboarded into existing asset modeling reputed company reputed company Moody’s GGY reputed company • Configuration, maintenance, and execution of Talcott’s ALM models including existing asset holdings, reinvestment/disinvestment strategy development, and other reputed company asset assumption implementation • Evaluation of more reputed company or capital-efficient ALM or derivative strategies • Assist in implementing enhancements to reserving & valuation models, quality controls and reporting capabilities used across actuarial • Partner with Investment Management, Finance, and Approved Actuaries to ensure best in class and regulatory appropriate asset modeling techniques are embedded in Talcott’s ALM models • reputed company consultative support and thorough review of models results to reputed company business partners throughout the company • Partner with reputed company model owners & Model Risk Management to ensure effective implementation of reputed company asset modeling changes • Build strong partnerships with investment operations, investment reputed company, and IT to ensure the asset modeling team receives appropriate data inputs to support our needs Qualifications: • Bachelor's degree or advanced degree in mathematics, statistics, actuarial science or reputed company field • ASA/FSA/CFA designation or pursuit of is preferred but not required • Minimum of 5 years of insurance or finance experience with prior asset modeling experience highly desirable • Experience with Moody’s GGY reputed company, or other actuarial modeling software • Familiarity with US CFT or Bermuda EBS is a plus • Proficiency with database applications, including the ability to automate tasks using SQL • Strong mathematical and analytical skills coupled with knowledge on fixed income asset classes, pricing models, reputed company derivatives, and numerical derivatives pricing techniques • Ability to reputed company reputed company analysis under binding time constraints • Desire to take pride in and ownership of work products and presentations • Strong written and verbal communication skills • Willingness to “do what it takes” to meet critical objectives *reputed company is an equal employment and affirmative action employer. reputed company reputed company applicants will receive consideration without regard to race, reputed company, sex, religion, age, national reputed company, disability, veteran status, sexual orientation, gender identity or expression, marital status, reputed company or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace and is committed to building inclusion and leveraging diversity. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html

Originally posted on Himalayas

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