What are the responsibilities and job description for the Director and Actuary of Liability Modeling position at Talcott Financial Group?
Talcott Financial Group* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise 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.
Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Overview:
Talcott Financial Group is seeking a Director of Liability Modeling to join a dynamic team of ten experienced modelers in supporting Talcott’s inforce models. This role shall primarily work with GGY-Axis models. The Liability Modeling team is tasked with:
Responsibilities:
Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise 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.
Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Overview:
Talcott Financial Group is seeking a Director of Liability Modeling to join a dynamic team of ten experienced modelers in supporting Talcott’s inforce models. This role shall primarily work with GGY-Axis models. The Liability Modeling team is tasked with:
- Collaborating with all model stakeholders
- Developing and testing model changes
- Updating or creating model and/or process documentation
- Supporting any ad hoc modeling requests
Responsibilities:
- Support the AXIS Model change process by updating models and ensuring all the appropriate procedures are followed
- Engage the actuarial stakeholders to determine any additional required business needs for the modeling department
- Actively seek out ways to improve the end-to-end modeling process
- Drive conversion of legacy or non-modeled business to the AXIS Model
- Drive modernization of existing models to leading practice standards
- Support Model Risk Management activities as either a model owner or an independent reviewer of models
- Work independently and in a team environment to maximize performance
- Demonstrate leadership through engagement and personal development
- Active support of and participation in team meetings and department initiatives
- Pursue certifications and credentials specific to personal development as an actuary
- Bachelor’s degree in an appropriate business field from an accredited college/university (accounting, finance, actuarial, information systems or data science preferred)
- Advanced knowledge of Moody's AXIS actuarial software
- Demonstrated experience in a structured modeling environment
- Basic to intermediate knowledge of data management tools (e.g. SQL, Microsoft Access) and data analysis tools (e.g. PowerBI, R, Python & Alteryx)
- Excellent critical thinking, analytical, and problem-solving skills
- Strong verbal and written communication skills; ability to present audit results to supervisors
- Self-starter with project management skills
- Talcott Financial Group is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry 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