AVP, Actuary

AVP, Actuary Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for the open AVP the Actuary position in the Health Solutions department. The role is full‑time. Job Summary Ensures the financial success of Health Solutions through development and implementation of compelling reinsurance solutions that achieve appropriate returns relative to the risk profiles assumed by Hannover Re affiliates. Coordinates with clients across business units and geographic locations to ensure successful implementation of reinsurance treaties. Performs significant modelling and analysis, conducts product and industry research, helps prepare documents/slide decks for management and client presentations, and participates in regular discussions with clients and internal key stakeholders. Essential Functions (60%) Technical support and analysis Develops, maintains, and runs pricing models and templates for profit testing, determination of economic capital, embedded value, and ongoing risk analysis. Provides analysis and evaluation of pricing model results and presents findings in an appropriate manner to facilitate Vice President actuary review. Underwrites and evaluates pricing risks for all comprehensive health business, including Accountable Care Organizations, Commercial Health, Medicare Advantage, Medicare Supplement, and Medicaid, to acquire profitable new business. Acquires, aggregates, and develops data for experience studies, profitability analysis, financial reporting, and risk management; develops and maintains suitable reports for senior management. Works closely with key stakeholders across the organization to support pricing and risk evaluation processes. (25%) Business management and collaboration Assists the Vice President pricing actuaries in marketing structured reinsurance solutions to prospective clients. Collaborates with clients to improve performance. Produces required documentation for final pricing package for new business opportunities and actively participates in underwriting meetings. Proactively seeks ways to improve processes and create efficiencies. Builds strong relationships with others in the organization. Manages actuarial associates in the Health Solutions pricing unit. Coaches and mentors junior technical professionals, including actuarial associates and interns, to develop a robust pool of technical talent. (10%) Actuarial Research Researches regulatory developments, product filings, client developments and other aspects necessary to ensure the relevance and value of health reinsurance solutions. (5%) Ad‑hoc projects / Other Assists with ad‑hoc projects and collaboration in the department or company. Competencies Manages complexity Action oriented Tech savvy Decision quality Resourcefulness Essential Knowledge, Skills, and Abilities Bachelor's degree in Actuarial Science, Statistics, Mathematics or similar Must be Fellow of the Society of Actuaries Minimum of 6 years of experience in an actuarial role Intermediate proficiency in Microsoft Excel and Word Strong verbal communication skills, ability to tailor complex concepts to different audiences, excellent writing skills Strong organizational skills and ability to manage competing priorities and deadlines Health product knowledge: Value Based Care/Accountable Care Organizations Desired Knowledge, Skills, and Abilities Programming knowledge: R, VBA, SQL, or proven aptitude to learn new languages Actuarial modelling experience: Risk Agility Insurance product knowledge: Health insurance products Business knowledge: Reinsurance, US Statutory and GAAP, Solvency II, IFRS17 Travel 15% expected overnight travel Compensation (Inclusive of Base + Bonus) $180,400 - $244,100 Benefits Comprehensive medical, dental, and vision Paid Time Off (PTO) Company‑provided life insurance and disability benefits 401(k) and profit sharing Additional ancillary benefits available Hannover Life Reassurance Company of America (Hannover Re) seeks to attract the best‑qualified candidates who support the mission, vision and values of the company and respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement. #J-18808-Ljbffr