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Higginbotham · 8 hours ago

Life Insurance Financial Analyst

Los Angeles, CA

Full-time

Hybrid

Mid Level

$90K/yr - $150K/yr

3+ years exp

Higginbotham Financial is part of one of the nation’s largest independent insurance & financial services firms. The Life Insurance Financial Analyst role involves analyzing financial data specific to life insurance products and contributing insights to enhance the financial performance of the life insurance portfolio.

Insurance

Culture & Values

Responsibilities

Conduct comprehensive financial analysis of life insurance policies, focusing on premiums, cash values, indexing rates, riders, surrender charges and carrier specific investment options

Evaluate the past performance of different life insurance products and recommend adjustments to the investments within as needed

Create and utilize statistical models to assess assumptions and risk exposure in financed life insurance strategies

Analyze in-force mortality and longevity risk factors to enhance models and additional funding strategies

Collaborate with case management and sales teams to refine underwriting guidelines and assumptions related to life insurance policies

Monitor industry and carrier trends and regulatory changes affecting mortality and longevity risk

Develop and maintain financial models to project premium contributions, cash value crediting rates, and performance enhancement riders for financed life insurance strategies

Assess the impact of interest rate changes and lending behavior on collateral projections and financial outcomes

Provide insights for product development and advise on prospective changes to investment strategy based on financial modeling results

Prepare detailed financial reports and presentations for internal agents and senior management

Clearly communicate financial insights, trends, and recommendations to non-finance related products

Collaborate with management to align financial goals with business objectives

Ensure compliance with relevant regulations and accounting standards applicable to life insurance products

Assist in the preparation of reporting requirements and presentations and assist in responding to inquiries from agents and clients

Qualification

Financial modelingData analysis toolsMortality risk assessmentLongevity risk assessmentLife insurance modelingExcelVBASQLAnalytical skillsProblem-solving skillsCommunication skillsOrganizational skillsAttention to detailTeam collaboration

Required

Proficiency in financial modeling and data analysis tools (Excel, VBA, SQL)

Knowledge of mortality and longevity risk assessment methodologies

Excellent analytical, problem-solving, and critical-thinking skills

Effective communication skills, with the ability to convey complex financial concepts to diverse stakeholders

Detail-oriented with strong organizational and time-management skills

Familiarity with life insurance modeling and illustrations

Bachelor's degree or related experience in Finance, Actuarial Science, Mathematics, or a related field

3 plus years of experience in financial analysis within the life insurance industry, with a strong understanding of actuarial principles and life insurance products

Life and health license preferred, or willingness to get licensed if hired for the position

Preferred

Advanced degree or professional certifications (e.g., FSA, CFA) is a plus

Benefits

Higginbotham offers medical, dental, vision, prescription drug coverage, 401K, equity incentive plan as well as multiple supplemental benefits for physical, emotional, and financial wellbeing.

Employee Wellness Program

Company paid holidays, plus PTO