Actuarial Associate

  • 39156
  • Life - Actuarial
  • |
  • Florida, United States
  • |
  • Feb 22, 2021
Reinsurance
RESPONSIBILITIES
  • Assessing client’s relevant information to construct mortality, lapse and other key pricing assumptions,
  • Working closely with underwriting, marketing, and colleagues from other departments to ensure understanding of the clients’ products, distribution and reinsurance needs
  • Developing financial projections of proposed client solutions utilizing Risk Agility, MG-ALFA, R, Excel and other software to generate compelling prices and solutions
  • Monitoring new business treaties to assess ongoing viability of their risk / return profile
  • Documenting key aspects of pricing proposals and effectively socialize while ensuring that all relevant sign offs with key internal stakeholders are appropriately documented
  • Seeking opportunities to improve repeated processes
QUALIFICATIONS
  • 3-5 years of experience in an actuarial role
  • Programming experience, preferably in R, SQL, and/or VBA
  • Experience with Risk Agility, MG-ALFA, R and/or similar actuarial modelling software/platforms
  • Must be actively seeking FSA credentials from the Society of Actuaries
  • Bachelor’s degree in Actuarial Science, Statistics, Mathematics or similar
  • Proficient user skills (level C2) of Eng­lish, especially the ability to communicate complex initiatives to stakeholders
  • ASA credential
  • Excellent technical actuarial aptitude
  • Knowledge of life insurance products such as Term, Trad Perm, UL
  • Knowledge of reinsurance basics and how they operate in different reserving and capital frameworks, such as Solvency II, IFRS 17