Senior Actuarial Consultant, Institutional Markets

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Why This Role Matters:

In this position, you will have a unique and exciting opportunity to join us in offering our clients practical financial solutions with easy to understand features and clear value add, while delivering them with clarity and integrity.

Group1001 is looking for a recent FSA to join our Institutional Market Pricing team with a primary focus on Pension Risk Transfer, working on location in our home office on a hybrid basis.

This position will report to the Director of Institutional Market Pricing.
 

How You’ll Contribute:

• Build, maintain and enhance actuarial models and processes for Institutional Pricing in support of corporate objectives, regulatory needs, and product management.
• Analyze and price institutional market products
• Review and Approve work produced by team members.
• Design, test, and review model enhancements in support of new product features, new or updated product assumptions, new model versions and techniques, and/or other business requirements.
• Continually improve processes related to data quality and model efficiency and effectiveness.
• Ensure adequate governance and documentation of actuarial processes.
• Collaborate with cross-functional individuals throughout the organization to optimize results.
• Provide leadership in special projects as needed.
• Handle ad-hoc requests independently.

What We’re Looking For:

• Bachelor’s degree in actuarial science, finance, economics, math, statistics, physics, engineering, or related field.
• 6 years of relevant actuarial annuity pricing experience, pension risk transfer or reinsurance experience preferred
• Fellow of the Society of Actuaries.
• Strong analytical, organizational, communication (oral/written), time management, project management, and solution finding skills.
• Proficiency in Excel (including VBA) and database tools (Microsoft Access, SQL, etc.)
• Experience with actuarial software (ALFA preferred).
• Self-starter with the ability to balance multiple projects and priorities and meet deadlines.

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

 

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

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