Manages one or more actuarial functions for a product line or Corporate process. May evaluate new product ideas, and pricing and maintenance of existing products. May direct the design, pricing, and implementation of insurance products.

Responsibilities

  • Leads the preparation and interpretation of actuarial information for presentation to management.
  • Monitors profitability by line of business and/or product and develops supporting reports and/or analyses.
  • Maintains the product line or Corporate process to comply with various state and federal regulations.
  • 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. Recommends appropriate reactions to these developments.
  • Provides guidance and advice regarding pricing rates, modeling methodology, or reserving and related matters.
  • Serves as a key resource for completion of one or more major recurring projects during the course of the year.
  • Represents the company on industry and professional committees and/or with regulators.
  • May supervise a team of employees.


Qualifications

  • FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience, In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 10 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.
  • VA/RILA knowledge
  • GAAP knowledge


Working Conditions

  • Office Environment
  • Occasional Travel <10%
  • Limited travel may be required


This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.