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Position Overview
This position is responsible for supporting the structuring, pricing, and execution of M&A, reinsurance, and similar growth opportunities for Resolution Life, with a particular focus on transactions originating in the US. The position will provide these services to the range of insurance subsidiaries of Resolution Life, including support for Resolution Life's Bermudian activities in this area. The position will be a member of the newly formed Growth Solutions Team, supporting the senior leadership of Resolution Life to develop strategic growth opportunities, and will be a key supporting resource in the execution and implementation of these strategies.
Position Responsibilities
- Supports the structuring and analysis of M&A, reinsurance, and similar growth opportunities for Resolution Life, with a particular focus on transactions originating in the US.
- Supports the analysis of transactions to achieve optimal transaction structures considering regulatory jurisdiction, accounting and capital framework, risk tolerance, strategic and business fit, and competitive considerations
- Supports transaction execution, working closely with onboarding teams (Actuarial, Finance, Investments, Operations), and the execution of transaction-related structured solutions
- Collaborates with the key subject matter experts as they work with the Legal team in developing the broad range of transaction documents associated with a transaction
- Supports the preparation of transaction / growth related committees, including due diligence committees, to ensure effective implementation and execution of related projects
- Documents pricing / underwriting assumptions, methodologies and results in a clear and transparent manner e.g. pricing memos, assumption summaries, and testing reports including structuring, regulatory impact assessment and the investment strategy of deals
- Ensures structuring / pricing / underwriting strategies comply with Company appetite and within an accepted framework with inputs from CRO & Chief Actuary
- Presents complex data and ideas in a coherent manner with understandable visuals to senior management
- Works effectively with the rest of the Growth Solutions team members, fostering a culture of collaboration, learning, and excellence
Knowledge & Experience
- Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline
- FSA or near FSA, with 1-3 years of experience
- Knowledge of U.S. insurance products and asset intensive reinsurance transactions
- Solid skills with MS Office Software’s (PowerPI, Excel, Powerpoint)
- Detail oriented and strong analytical problem-solving skills
- Self starter and ability to learn and prioritize under a high pace working environment
- Strong oral and written communication skills; able to communicate with manager, team members and partners/customers
- Prior experience and knowledge in Embedded Value analysis is a plus
- Prior experience and knowledge in tax, accounting and capital system (US and Bermuda) is a plus
- Prior experience with risk management and measurement framework is a plus
Location: New York City, would need to go into the office min 2-3 days per week.
Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. In addition to salary, Resolution Life US offers a comprehensive benefits package, including our health & wellness program, incentive and recognition programs, and 401k contribution (all benefits are subject to eligibility requirements). The salary range reflects figures based on the primary location, which is listed first. The range for the role may differ based on the location.
NYC: $125,100 - $152,000
Critical Skills
At Resolution Life, we have identified the following critical skills which are key to success in our culture:
- Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
- Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
- Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
- Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
- Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
Top Skills
What We Do
Resolution Life is a global life insurance group focusing on the acquisition and management of portfolios of inforce life insurance policies
