Associate Actuary

  • 34179
  • Life - Actuarial
  • |
  • Kentucky, United States
  • |
  • Sep 12, 2018
Insurance
RESPONSIBILITIES
  • Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.
  • Designs and completes special projects such as developing and maintaining experience-rating formulae and creating and/or reviewing alternative settlement formulate and risk sharing models.
  • Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of business unit.
  • Responsible for valuation support for business unit by interpreting financial results, variances from forecast to help identify product and segment behavior to assist in the risk management of the business unit.
  • Triage and actuarial modeling support for newly ideated initiatives.
  • Peer review of CoC validation.
  • Support for developing best practices for the quantification of CoC savings.
QUALIFICATIONS
  • Requires a BS/BA degree.
  • ASA required from the Society of Actuaries.
  • 4 years related experience; or any combination of education and experience, which would provide an equivalent background.