Actuary, Retirement

  • 33124
  • Life - Actuarial
  • |
  • Indiana, United States
  • |
  • Nov 28, 2017
Insurance Organization
RESPONSIBILITIES
  • Provides product research and design for Defined Contribution Retirement Products, with a significant interaction on stable value products, including stable value wrap products.
  • Designs and develops products to provide the targeted distribution and marketplace product offerings with distinct competitive advantages.
  • Develop products to meet companies profit objectives in collaboration with other key stakeholders.
  • Identifies and builds the appropriate control procedures to ensure the integrity of all actuarial models used
  • Ability to support new product development - adapting industry data and knowledge and our own experience on like products, to the particular new product assignment.
  • Directs, develops and/or runs complex actuarial models and analyses
  • Provides expertise on actuarial models and assumption development and suggests new ways of managing risk
  • Lead actuarial projects and proactively identify challenges and resolutions.
  • Organizes findings in a clear, systematic fashion and presents actuarial recommendations to various levels of management and other stakeholders
  • Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace
  • Maintains knowledge on current and emerging developments/trends, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future solutions
  • Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects
  • Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives
  • Identifies and directs the implementation of process improvements that significantly improve quality across the team, department and/or business unit
  • Analyzes and synthesizes information from multiple sources in varying degrees of completeness and clarity to develop and present actuarial recommendations to different levels of management and other stakeholders.
QUALIFICATIONS
  • Undergraduate degree in Actuarial Science, Applied Mathematics, Mathematics, Statistics, Economics, Computer Science, or another quantitative major
  • ASA required, FSA preferred
  • 5 - 7+ Years’ experience in actuarial work that aligns with the specific responsibilities for this position
  • Confident, comfortable communicator with strong written, verbal and interpersonal communication skills
  • Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations
  • Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches
  • Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures
  • Ability to analyze complex information and to evaluate the implications of a course of action or solution
  • Ability to interpret and apply common sense understanding to carry out a variety of instructions furnished in written, oral, or diagram form
  • Ability to solve problems and deal with a variety of situations where only limited data exists by applying general business principles and logical assumptions as required.
  • Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines
  • Ability to work with others in a team environment
  • Ability to perform under stress in cases of emergency, critical or hazardous situations
  • Demonstrated ability to identify and recommend process improvements