Actuarial Analyst III

  • 35294
  • Health - Actuarial
  • |
  • North Carolina, United States
  • |
  • May 29, 2019
Insurance
RESPONSIBILITIES
  • Performs qualitative and quantitative analysis of data to support development of rating plans and pricing for programs and products.
  • Evaluates moderately complex trend analysis.
  • Supports the rating process by determining the need for and building actuarial model enhancements. Determines reasons for changes in calculated factors and communicates changes to internal stakeholders.
  • Reviews and observe appropriateness of actuarial formulae.
  • Transmits rate filings to regulatory agencies.
  • Supports valuation by modifying and executing the ALR model. Performs ALR assumption studies and calculates impact on calculated reserves. Supports development of UCL estimates.
  • Assists in the preparation of Annual Actuarial Memorandum, Premium Deficiency Reserve Study, and quarterly and annual statutory results.
  • Distributes established reports and responds to inquiries. Investigates trends and anomalies.
  • Supports resolution of control exceptions and maintains control documentation.
  • Participates in requirements gathering for and serves as delegate or backup for corporate projects. Generates ideas and analytical approaches for Departmental projects.
  • Plans, implements, manages and/or contributes to projects that are moderate/high complexity.
  • Is a participant in good standing in the Actuarial Development Program.
QUALIFICATIONS
  • Bachelor’s degree.
  • Must have at least three years of relevant actuarial experience and have completed at least 5 exams towards the eventual attainment of the ASA designation.
  • In the actuarial student program and is committed to completing the Society of Actuaries education system courses necessary to attain the FSA designation.
  • Strong analytical and decision-making skills
  • Project management skills.
  • Excellent communication skills.
  • Proficiency in Microsoft Excel, Word, and Visual Basic.
  • Experience with data retrieval applications.