Senior Actuarial Analyst

Senior Actuarial Analyst

We are searching for an experienced Senior Actuarial Analyst at our Connecticut office.

Senior Actuarial Analyst

Full Time

Norwalk, CT or Chicago, IL

About the Company:

Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients' businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.

Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.

Position Summary:

The Senior Actuarial Analyst will support the Operations team in the execution of actuarial integration activities for newly acquired life insurance and annuity reinsurance transactions. This role assists with implementing and validating deal assumptions, models, data, and reporting processes into the company's actuarial and financial frameworks postclose. Working collaboratively with actuarial, finance and operations teams, the Senior Actuarial Analyst helps ensure integrations are completed accurately, efficiently, and in alignment with deal terms, internal standards, and regulatory requirements.

Role Responsibilities:

Work closely with Business Development and Pricing to understand deal structures and assumptions and define actuarial reporting requirements necessary to execute and support new reinsurance transactions.

Support postclose integration planning by coordinating actuarial deliverables across valuation, finance, data, and operations teams.

Calculation of STAT/GAAP/Tax Reserves/ DAC/VOBA etc. to support quarterly results analysis on newly acquired blocks.

Support audit and regulatory reviews related to newly onboarded blocks, including preparation of support and responses to inquiries.

Assist with model conversion and system validation.

Conduct analysis and prepare reports for inforce management.

Assist in development of Non-Guaranteed Elements (NGE) framework to manage crediting rates for both new business and legacy (in-force) portfolios.

Provide analytical support for adhoc management requests related to inforce performance, deal economics, or emerging experience.

Participate in the development of repeatable integration processes, controls, and timelines to support future transactions.

Basic Qualifications:

Minimum 4 years of US Stat or GAAP reserving or financial reporting experience with knowledge of insurance and reinsurance products.

Proficient in Microsoft Excel, Microsoft Access and programming languages (e.g., SQL, VBA).

Experience with actuarial software Moody's Axis or ALFA. ARCVAL/CASE a plus. While the company currently uses all three of these actuarial software platforms we are in the process of converting everything to Moody's Axis. Hence experience with Axis is a plus.

Strong analytical skills and attention to detail.

Strong written and verbal communication skills.

Able to research problems or questions and provide responses.

React to change productively and able to prioritize multiple tasks appropriately.

A background check and pre-employment screening is required and must be successfully completed prior to employment.

Required Education / Certifications

ASA designation preferred but will consider applicants that are close to ASA

Bachelor's degree (Mathematics, Economics, Statistics or Actuarial Science is a plus).

Location/Travel:

Norwalk, CT or Chicago, IL

Hybrid Structure

Minimal to no travel required

Base salary/hourly rate range for this position is between $100,000 and $140,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training and experience.

Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.