Actuarial Assistant

  • 35954
  • Life - Actuarial
  • |
  • Pennsylvania, United States
  • |
  • Oct 2, 2019
Insurance
RESPONSIBILITIES
  • Calculates profit studies, net premiums, reserves and/or non-forfeiture values of new and existing plans of insurance or similar calculations.
  • Runs pricing and asset/liability models; reviews and verifies results for reasonableness.
  • Develops, calculates and verifies policy values or similar actuarial values.
  • May coordinate, prepare, and perform actuarial analyses to assist in the development of rates and pricing strategies.
  • Develops, extends and maintains profit studies, non-forfeiture values, Generally Accepted Accounting Principles or International Financial Reporting Standards actuarial items, reserve programs, rate files, procedures and/or similar processes.
  • Assists in preparing actuarial portion of financial reports or other documents.
  • Communicates actuarial research results to product management areas and possibly other departments.
  • Provides consultation and clarification on actuarial models, risk issues or other actuarial items.
  • Maintains documentation of actuarial research and analyses.
  • May supervise one or more Actuarial Analysts, Actuarial Students or Actuarial Technicians.
QUALIFICATIONS
  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 3 years of relevant experience.
  • In lieu of Bachelor's, will accept Master's in a listed discipline and 1 year of relevant experience.
  • Must have completed five actuarial exams.
  • Must be an active participant in the Actuarial Student Program, taking additional exams towards FSA.
  • Must be able to interpret complex analytical data.
  • Communicates, both verbally and in writing, advanced mathematical and analytical concepts.
  • Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
  • Must possess advanced organizational, project management, and problem-solving skills.
  • Advanced computer skills.
  • Programming skills preferred.