Directs and provides leadership in the design, pricing, and implementation of insurance products. Oversees a small team within actuarial modeling, risk management, valuation or other actuarial department.

*This role requires the employee to be hybrid in Cedar Rapids, Baltimore or Philly

Responsibilities

  • Provides reports and analyses to management on sales, persistency and mortality or morbidity experience for various product lines, reserve adequacy, risk management information, or various other similar items.
  • Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
  • May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development.
  • Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace.
  • May represent the company on industry and professional committees and/or with regulators.
  • May supervise a small team of employees.


Qualifications

  • FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 8 years of relevant experience. Demonstrates high quality leadership, judgment, organization and prioritization skills. Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. Works well under pressure and within time constraints to effectively accomplish individual and team objectives. Excellent computer skills.


Preferred Qualifications

  • Programming skills.


Working Conditions

  • Office Environment (Hybrid in Baltimore, Philly or Cedar Rapids)
  • Occasional Travel <10%
  • Limited travel may be required


 

The Salary for this position generally ranges between $125,000 - $140,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion