Assistant Actuary

  • 36456
  • Life - Actuarial
  • |
  • Ohio, United States
  • |
  • Dec 13, 2019
Insurance
RESPONSIBILITIES
  • Update and maintain Actuarial models used to produce reserves for a variety of product lines.
  • Anticipate impacts from model or assumption changes and analyze results effectively.
  • Successfully communicate written results of model testing.
  • Help design and implement process enhancements, including new technology tools.
  • Utilize creative problem solving skills and thinking outside the box to simplify actuarial models.
  • Challenge the status quo when developing model efficiencies.
  • Periodically review model approximations and methodologies; recommend and initiate model changes as needed for model development.
  • Work closely with Finance, Accounting, and Reporting actuaries to explain impacts of model changes.
  • Effectively collaborate with others and leverage resources as necessary in order to drive the team toward completion of goals.
  • Maintain thorough documentation of models and procedures.
  • Respond to inquiries from, and provide explanations to, Senior Management and other departments.
  • Develop strong understanding of Fixed Indexed Annuity products, including GAAP and STAT reserve methodologies.
  • Performs other duties as assigned.
QUALIFICATIONS
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics or Finance.
  • ASA or near ASA.
  • 3+ years of related experience, preferably with annuity products.
  • Strong analytical skills and attention to detail.
  • Ability to work independently while showing strong ownership and accountability of projects.
  • Adaptable and capable of working on many projects simultaneously while managing one’s time.
  • Demonstrate eagerness and curiosity to learn and develop.
  • Ability to communicate effectively with all levels within the company, both written and verbal.
  • Maintain high standards of performance.
  • Advanced Excel, Access and programming skills.
  • Experience with PolySystems is preferred.