Senior Actuarial Analyst

About the Role

In this role, you will be responsible for the analysis of quarterly valuation results on a US Stat, US GAAP, and IFRS reporting basis for Medicare Supplement products along with assisting on analysis of Individual Life products. You will assist in the preparation of annual statement reporting to the states, including the Actuarial Opinion and Memorandum along with the Principles Based Reserve Actuarial Report.

Additionally, you will contribute to experience study data analysis along with best estimate assumption setting for multiple products for the iptiQ Americas' business, including documentation of results and assumptions used in the valuation of the products.

The successful candidate will work closely with the iptiQ valuation, modeling, and pricing team of actuaries in understanding requirements for assumptions, underwriting and product features, along with working with finance to analyze, understand and report quarterly results.

• Monitors Medicare Supplement business for valuation implications
• Performs experience data analysis and reporting
• Develops assumptions and impact analysis
• Analyzes quarterly reserve calculations for accuracy
• Communicates with TPA concerning data or product questions
• Reviews controls and procedures for completeness
• Mitigates the risk of pricing/valuation assumption mismatch
• Fosters an open communication culture

KPI's

• Timeliness and accuracy of reserves and change explanations
• Illustrated coordination of pricing/valuation assumptions
• Impact on business goals defined by internal clients with a customer focus
• Qualitative and quantitative measures of strategy and activities

About You

• ASA designation from the Society of Actuaries
• Experience with Medicare Supplement products and valuation
• Understanding of Individual Life insurance products and valuation
• Been exposed to actuarial modeling software
• Data programming language such as R-Studio
• Very strong analytical and conceptual skills
• > 3 years of professional-level experience
• University degree

About iptiQ

At iptiQ, we partner with established brands around the world to create impactful digital insurance solutions. We make it easier for consumers to buy the insurance they need from the brands they trust. We provide life and non-life insurance through our end-to-end digital platform and build multi-channel customer experiences.

What we offer our employees is outstanding. Hybrid working in offices across the world, phenomenal learning & career opportunities and a culture that encourages new perspectives to challenge conventions and come up with innovative solutions. We believe in the power of inclusion. Drawing on our employees' broad range of perspectives, life experiences and backgrounds stimulates creativity and gives us a competitive edge. iptiQ embraces a workplace where everyone has equal opportunities to thrive regardless of their age, gender, gender identity and/or expression, sexual orientation, race, ethnicity, religion, physical or mental ability, or other characteristic and can be their authentic self. Ignite your curiosity to shape digital insurance.

iptiQ is part of Swiss Re, one of the world’s leading providers of re/insurance and risk transfer solutions. This means we’re backed by Swiss Re’s capital strength and more than 150 years of risk knowledge. Through our partnerships, we contribute to Swiss Re’s vision to make the world more resilient.

During the recruitment process, reasonable accommodations for special needs are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.