Sr. Associate Actuary

  • 34972
  • Life - Actuarial
  • |
  • North Carolina, United States
  • |
  • Mar 25, 2019
Insurance
RESPONSIBILITIES
  • Actuarial modeling of in-force products, including model validation and enhancement.
  • Understand and Explain assumptions used in product development and incorporation of pricing assumptions into modeling work.
  • Commitment to accuracy, model review, and disciplined and responsible approach to profitability evaluation and product rate setting.
  • Collaboration with other actuarial areas to compile models and assess potential impact.
  • Engagement with legal, communications, distribution, and other key concerned parties.
  • Identification of ways to streamline process and assist in developing a long-term framework to measure in-force product profitability.
  • Strong project management skills, showing the ability to coordinate and balance multiple projects in a time-sensitive environment.
  • Lead projects and process improvement initiatives to advance the team goals of efficient and accurate reporting.
  • Collaborate with other actuarial areas including Pricing and ALM to keep models up-to-date with new product coding and incorporating modeling best-practices.
  • Provides direction on complex assignments, projects, and/or initiatives to build and enhance the capability of his/her assigned area/s of responsibility.
  • Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area/s of responsibility.
  • Identifies and directs the implementation of process improvements that significantly improve quality across the team, department and/or business unit for his/her assigned area/s of responsibility.
  • Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects for his/her assigned area/s of responsibility.
QUALIFICATIONS
  • Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, or other quantitative major is required.
  • Fellow of the Society of Actuaries.
  • 5-7+ years of experience in Actuarial positions that directly aligns with the specific responsibilities of the position.
  • Strong work experience.
  • Demonstrated leadership experience.
  • Strong communication and problem solving skills.
  • Ability to quickly learn and apply new skills and information.
  • Strong curiosity and the ability to generate new ideas.