Senior Actuarial Associate at Kuvare – Rosemont, Illinois

About Kuvare

Kuvare is on a mission to serve hardworking consumers overwhelmed by the complexities of retirement and is built from the ground up to do so. Our unified financial hub protects the retirement of everyday Americans and the distributors, carriers and investors that serve them. We create life insurance and annuity products that protect consumers’ retirements, and are simplified for distributor partners and financial professionals to sell and service.

Kuvare family of companies:

Retail Annuity and Life Insurance Solutions:
- United Life Insurance Company
- Guaranty Income Life Insurance Company
- Lincoln Benefit Life

Institutional Insurance:
- Kuvare Life Re

Bespoke Insurance Solutions:
- Ignite Partners

About the role

Kuvare Corporate Management, LLC in Rosemont, IL is an administrative service provider to the

Kuvare Companies, which in turn specialize in building tailored solutions for insurance

companies. Kuvare Corporate Management, LLC is seeking a Senior Actuarial Associate to

develop management reporting for existing business.

What you'll do

• Prepare and help monitor reserve trends monthly on GAAP, statutory, and tax
• accounting bases.
• Develop management reporting for existing business.
• Assist in preparation of Statutory Annual and Quarterly Statements.
• Update Valuation models and organize results for management.
• Assist in gathering information and analysis for external auditor inspections.
• Pricing & Product Development.
• Support rate setting and other non-guaranteed elements (NGE) process; perform
• analysis to support business decisions, coordinate signoff, and monitor
• implementation.
• Monitor emerging product experience, manage actuarial assumptions and identifying
• any new risks.
• Coordinate and assist with cross-functional initiatives related to product development
• and reporting.
• Oversee Life and/or Annuity product illustrations; provide support to Customer Service
• on exemptions and escalated requests.
• Develop relationships with internal and external distribution (sales) stakeholders.
• Manage projects and stakeholders to promote timely and effective progress on key
• initiatives.
• Assist Pricing Actuaries in designing new products.
• Leading cross-functional teams in education, objectives, and project decisions relevant
• to the product.

This position does not supervise any other personnel.

Qualifications

Bachelor’s degree or higher in Actuarial Science, Mathematics, Finance, Statistics, or related

field of study and at least one (1) year of experience in job-offered or in any position(s) in

which the experience was gained.

Qualified applicants must also have demonstrable proficiency, skill, experience, and

knowledge with the following:

• Insurance actuarial experience.
• Modeling, analyzing, reporting.
• Proficiency in Microsoft Excel, Microsoft Access, SQL, R, VBA.
• Develop reporting tables in SQL server.
• Develop experience study process with R code.
• Develop valuation process with VBA, SQL and Access.
• Monitor/Analysis statutory reserve results/trends with vary tools.
• Support the Annual Statement reporting.
• Demonstrated ability with Actuarial software (e.g., AXIS, MG-ALFA, ARCVal) Managing project(s

Additional Information:

• Job Site: 5600 N. River Road, Ste. 300 Rosemont, IL 60018
• Travel: No travel required
• Apply on website at: www.kuvare.com
• Salary: $71,698
• EOE.
• Must be legally authorized to work in the United States without sponsorship

#LI-DNI