• 39145
  • Life - Actuarial
  • |
  • Pennsylvania, United States
  • |
  • Feb 19, 2021
  • Communicate effectively.
  • Supervise entry-level and mid-level actuarial staff.
  • Prepare rate filings for large group, small group, direct pay, or senior products.
  • Work with various teams to develop and implement appropriate rating strategies for group, direct pay or senior lines of business. Ensure that all strategies are in -compliance with rate filings and applicable regulations.
  • Provide advanced support for the claim reserve process.
  • Provide assistance and risk management to the Product Management and Development area for pricing development of new products. Ensure that all new products are financially viable and stable.
  • Determine underlying factors impacting pure premium trends for various products and regions. Monitor trends for use in rating. Identify any shifts in trend and take appropriate pricing actions.
  • Other duties as assigned or requested.
  • Bachelor’s degree in Actuarial Science, Mathematics, or Statistics
  • 5-7 years in the Actuarial field
  • 2 years in a management role or leading teams
  • Associate of Society of Actuaries (ASA). Pursuing Fellowship of Society of Actuaries (FSA)
  • Preferred:
  • Completion of two FSA-level exam components
  • Member of the American Academy of Actuaries
  • Ability to apply extensive knowledge of actuarial methods and procedures
  • Strong supervisory, communication, organization and project management skills
  • In-depth knowledge of one or more of the following: premium rate calculations, required reserves, plan design, trend analysis, rate table construction, actuarial research, or systems development