Actuarial Associate, Life - Predictive Analytics

Company: Fortitude Re
Location: Nashville
Posted on: May 27, 2023

Job Description:

Fortitude Reinsurance Company Ltd. (Fortitude Re) is one of the world's leading providers of legacy reinsurance solutions. They work with the world's leading insurance companies to help them execute comprehensive, transformational solutions for legacy Life & Annuity and P&C lines. Fortitude Re manages a general account of approximately $55 billion across life, annuity, and property & casualty insurance products. The company takes a long-term view on growth and is proud to be backed by a consortium of sophisticated institutional investors led by The Carlyle Group and T&D Insurance Group. Incorporated under the laws of Bermuda on January 1, 2017, Fortitude Re's roots in the insurance industry and the experience of their leadership go back many decades. Fortitude Re's leadership team has an average industry tenure of over 20 years, and an impressive track record of successfully managing the most complex legacy liabilities. Their deep insurance experience and proprietary risk modeling capabilities allow them to structure bespoke transactions that benefit both insurance companies and their policyholders. Fortitude Re continues to strengthen its ability to pursue further growth and provide innovative solutions for the global insurance industry. Click here for more information about Fortitude Re.The Actuarial Associate, Predictive Analytics role is responsible for managing the design, implementation, maintenance, and communication of Fortitude Re's statistical analysis models that analyze experience studies, in-force management, and other data structures for Life Insurance, Annuity, and A&H business lines. This role will be based in our Nashville, TN and can be on a hybrid work schedule. Relocation assistance allowance is offered for those who are open to moving.What You Will Do:--- Develops, tests, trains, and implements models; continuously refines models based on historical experience and assists in productionizing feasible solutions.--- Researches, examines and develops mathematical, statistical and actuarial models to predict outcomes, which may include the use of traditional actuarial methods, regression models, decision trees, and other applicable methods.--- Models and frames scenarios that affect critical business assumptions and/or decisions.--- Visualizes and reports data findings to stakeholders utilizing various visual formats; compiles and presents complex information for audiences at varying levels of technical understanding.--- Processes, cleanses, and verifies the integrity and reliability of data used for analysis; uses iterative processes and validates findings.--- Champions the adoption of advanced analytics and data science across the entire company and at operational, managerial and executive levels.What You Will Have:--- 1.5 years of actuarial experience in the insurance industry or other financial industry experience.--- Undergraduate degree required.--- Working toward Associateship/Fellowship of the SOA and will have passed a minimum of four actuarial exams.--- Ability to analyze complex problems, interpret business needs, and develop creative solutions.--- Demonstrated analytical and problem solving abilities.--- Ability to communicate technical information to a non-technical audience.--- Strong interpersonal and communication skills and the ability to work effectively with a wide range of teams and management.--- Ability to format and generate summary, statistical, and presentation reports.--- Ability to develop and deliver effective technical presentations, both verbally and in writing.--- Knowledge of SQL and familiarity with programming in R or Python is an asset.--- Experience using business intelligence tools (e.g. Tableau, Power BI, etc.) is an asset--- Highly motivated, results- and goal-oriented with the ability to work on multiple projects independently and with a high level of discipline.What We Offer:We offer competitive benefits in a fast-paced, dynamic and nimble culture including:--- Actuarial exam support through our Actuarial Development Program--- Actuarial Program Rotation--- Unlimited PTO policy--- Up to 11 paid company holidays--- Up to 16 hours per year of paid volunteer time--- Competitive 401(k) plan--- Paid parental leave--- Tuition reimbursement--- Health, vision, dental, and life insurance with additional access to health and wellness programs--- Flexible working environmentTo all recruitment agencies: Unless you have been requested to work on this position, or other positions with Fortitude Re, please do not forward any resumes to Fortitude Re employees. Fortitude Re is not responsible for any fees related to unsolicited resumes.At Fortitude Re, we believe that diversity and inclusion are critical to our future and our mission- creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.We are committed to being an equal opportunity employer and evaluate qualified applicants without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, diversity of thought and any other characteristic protected by applicable law.

Keywords: Fortitude Re, Nashville , Actuarial Associate, Life - Predictive Analytics, Other , Nashville, Tennessee