Term Lead Actuary

  • 33332
  • Life - Actuarial
  • |
  • Nebraska, United States
  • |
  • Feb 15, 2018
Insurance
RESPONSIBILITIES
  • Assists the officer, manager or supervisor in planning, organizing, staffing, and/or leading staff. This includes assigning and checking work, conducting on-the-job training, and providing input for performance appraisal(s).
  • Analyzes financial and non-financial data to identify trends or indicators and makes recommendations related to management of the product or product grouping based on analysis of the results.
  • Serves as actuarial project leader, responsible for project design, organization and coordination of all phases. Projects may be related to product development, morbidity and mortality tables, financial results, premiums, persistency, or other matters.
  • May have an opportunity to prepare actuarial memoranda on policies for distribution to other departments or state insurance departments, subject to approval by senior actuaries.
  • Conducts special analytical projects related to the management of both financial and non-financial aspects of the product or product grouping.
  • Develops detailed product rates for new and repriced term life products.
  • Creates and develops detailed financial projections for product development efforts, annual business plan, and quarterly business review.
  • Reviews product specifications and assists in the cost/benefit analysis of changes during product detailed design or implementation.
  • Assesses financial impact of compliance changes and other environmental factors impacting the product or product groups. Also tracks product expense experience against the initial budget projections/expense allowable.
  • Risk Management; Identifies and assesses risk in actuarial responsibilities. Complies with actuarial standards of practice, precepts and enterprise risk management responsibilities. Supports enterprise wide risk management initiatives.
  • Assists in developing and maintaining an engaged and accountable workforce and maintaining a fair and equitable working environment.
QUALIFICATIONS
  • Minimum of an ASA required, FSA preferred.
  • 5+ years full-time work experience in an Actuarial position.
  • Data analysis experience in Microsoft Excel.
  • Bachelors or Masters in Actuarial Science, Math, Statistics, Economics and/or Computer Science.
  • Aptitude for statistical interpretation; a working knowledge of accounting practices, actuarial assumptions and formulae.
  • Leadership, communication, presentation, and human relations skills.
  • Creativity, awareness of emerging environmental and industry trends, and strong problem solving abilities using business oriented solutions.