Actuary Job Description Sample
Actuary 3 Or Actuary 2 (Oic 10561)
Please note:_This recruitment will remain open until filled. Initial screening of applications will begin on
December 1st. We encourage all applicants to apply early for first interview consideration. The hiring authority reserves the right to make a hiring decision at any time._
OIC CAREER OPPORTUNITY The Office of the Insurance Commissioner (OIC) is seeking qualified candidates for the position of Actuary 3 in our Rates & Forms Division located in our Tumwater office. This position contributes to OIC goals of protecting consumers, maintaining a healthy insurance climate, and improving customer service by reviewing life insurance, annuities, long-term care insurance, disability income insurance and other types of disability filings; performing actuarial analysis that assist the Company Supervision Division with its financial analysis and financial examination tasks; and assisting with the analysis of actuarial developments in the life insurance industry in enterprise risk management, including principal based reserves, and nonforfeiture and reinsurance laws, and in implementation of Own Risk and Solvency Assessment (ORSA). This position serves as the OIC's lead life and annuity actuary. This position may be filled at the Actuary 3 or Actuary 2 level depending on qualifications.
Actuary 3 salary:_ Range 89 ($113, 496 - $148,920 annually)_ *
Actuary 2 salary:* Range 79 ($88,656 - $116,352 annually)__ This recruitment may be used to establish a qualified pool of candidates for agency-wide vacancies in the next six months. If you're interested in a dynamic career that protects consumers' interests and promotes a healthy business environment in this state, please apply and become part of our dynamic team.
AGENCY PROFILE AND VALUES The Office of the Insurance Commissioner (OIC) operates under the direction of the state's Insurance Commissioner, a statewide elected official. The agency's mission is to provide consumer protection and regulation of the state's insurance industry. With a workforce of approximately 245 employees, we are one of the smaller state agencies in Washington state government and are fortunate to have a stable funding source that does not rely on the state's general fund. The OIC values its employees and diversity in the workplace. We challenge our employees to continuously improve the way we do business, and to meet and exceed the needs of our customers. To learn more about this agency, we invite you to visit our website at http://www.insurance.wa.gov/.
BENEFITS OF WORKING FOR OIC As an eligible state employee, Washington State offers: * An outstanding benefits package and retirement plans. * Forty-hour work week with both telecommute and flexible schedule options * Training and development opportunities, including tuition reimbursement. * Free parking at our main office in Tumwater. * The fulfillment of public service. * We honor diversity in the workplace and support one another with respect and trust. Duties
Review and take action on rate filings for long-term care insurance, disability income insurance, and other types of disability rate filings.
Perform actuarial analysis to determine whether companies' proposed rates are justified.
Evaluate data quality and appropriateness of actuarial methods.
Act as lead life actuary supporting financial examinations and financial analysis of domestic life insurers.
Interview company staff to obtain information relevant to the actuarial work required.
Review reports and test data quality and actuarial methods used by the company.
Provide actuarial expertise supporting other OIC functions, including policy form review, rulemaking, legislative and other activities.
Expert analysis and guidance relative to new and innovative benefit features on life and annuity products, including but not limited to equity indexed annuities and pension buyout plans.
Assist reviewers of life insurance, annuities, long-term care insurance and disability income insurance policy forms. Qualifications
Actuary 3 * BA degree involving major study in actuarial science, insurance, mathematics, accounting, or allied field.
Seven (7) years of responsible life and annuity actuarial experience.
Member of the American Academy of Actuaries with specialization in the life and disability field.
2 * BA degree involving major study in actuarial science, insurance, mathematics, accounting, or allied field.
Four (4) years of responsible life and annuity actuarial experience.
Member (Associate or Fellow) of the Society of Actuaries.
Job Specific competencies include: * Knowledge of actuarial principles, with the ability to apply them
Knowledge of Washington statutes and regulations, principal based reserves, and ORSA.
Clear written and oral communication.
Strong organizational skills.
Agency core competencies include: * Respect, recognition and inclusiveness: Engages in constructive working relationships characterized by a high level of acceptance, cooperation, and mutual respect; helps create a work environment that embraces and appreciates diversity; and, recognizes contributions of others within the organization (to include subordinates and peers) --- all of which will enhance the attainment of organizational goals. * Accountability: Demonstrates understanding of the link between job responsibilities and organizational goals. Accepts personal responsibility and accountability for the quality and timeliness of own work, and adhering to agency processes/policies. Manages his or her own performance to meet expectations and achieve expected results. * Communication and Collaboration: Actively listens and engages in open, respectful, and cooperative manner. Conveys messages that are effective in communicating information and ideas with others. * Customer Focus: - Builds and maintains internal and external customer satisfaction with services offered by the organization, both regulatory and consumer based. Demonstrates sensitivity to public's perceptions and attitudes. * Professionalism and Integrity: Through consistent honesty, forthrightness, and professionalism in all interactions, earns the trust, respect and confidence of co-workers and customers. Supplemental Information
How to Apply: To begin the online application process, click the green "Apply" button at the top of this announcement and follow the online application instructions. To be considered for this opportunity, you must attach the following documents to your online application: * A current
resume * A detailed
letter of interest describing your skills and experience as they relate to the qualifications outlined in this job announcement * A completed U.S. Qualification Standards Attestation(form from the American Academy of Actuaries) - Required for Actuary 3 applicants/Desired for Actuary 2. * A list of at least three
professional references, including contact information for all supervisors for the last five year period Incomplete application packages may disqualify an applicant from the selection process. Note: The act of submitting application materials is considered affirmation that the information provided is complete and truthful. When submitted electronically, you are confirming that all information is true and complete.
In accordance with RCW 48.02.090(5), Office of Insurance Commissioner employees are prohibited from having any interest, directly or indirectly, in an insurance company other than as a policy holder. This prohibition includes the receipt of renewal commissions.
Note: This position is covered by a union shop provision. Therefore, as a condition of employment, you are required to become a member of the Washington Federation of State Employees (WFSE), or arrange to pay that union a representational fee. The union shop requirement shall be effective on the first day of the month following the employee's initial 30 days in this classification.
Contact us: For inquiries about this position, please contact Chuck Johnson at 360.725.7004. Employment, Education and Criminal History VerificationDegree/Credential Verification: If a degree or other credentials are listed by the candidate, proof will be required at the finalist stage; therefore, candidates are encouraged to pre-plan for this. Background Check: Prior to a new hire, a background check including criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining the applicant's suitability and competence to perform in the position. The Office of Insurance Commissioner is an equal opportunity employer and does not discriminate on the basis of age, sex, sexual orientation, gender, gender identity/expression, marital status, race, creed, color, national origin, religion or beliefs, political affiliation, military status, honorably discharged veteran, recently separated or other protected veteran status, the presence of any sensory, mental, physical disability or the use of a trained dog guide or service animal by a person with a disability, equal pay or genetic information. _Persons requiring accommodation in the application process or need this job announcement in an alternative format may contact the recruiter listed above. Applicants who are deaf or hard of hearing may call through Washington Relay Service by dialing 7-1-1. _ Salary: $88,656.00 - $148,920.00 Annually
Location:* Thurston County – Tumwater, WA
Job Type:* Full Time - Permanent
Department:* Office of the Insurance Commissioner
Job Number:* 2017-10561 Closing: Continuous
Agency:* State of Washington
Address:* View Job Posting for Agency Information View Job Posting for Location, Washington, 98504. Phone: View Posting for Agency Contact
Senior Analyst - Actuary Services
Job Description The Senior Analyst - Actuary Services will be a part of the Actuarial Services Department which provides Actuarial consultative services regarding SilverScript's Medicare Part D products through the EGWP Actuarial Consulting Department. In this role, you will have a wide latitude in developing and applying advanced analytics for, and consulting with, CVS Health internal teams and Employer clients.
You will implement advanced analytic research findings via working with Sales, Marketing, Legal, Clinical and Analytics and Outcomes Departments. In this role you will provide analysis services which includes but is not limited to Modeling of Retiree Drug Subsidy, Employer Group Waiver Plans, Open Prescription Drug Plans on a Fully Insured and Self Funded basis with and without wraps. The successful candidate will identify, implement and train CVS Health employees in best practice strategies for Medicare Part D Analytics. Preference for position can be based in Scottsdale, AZ.
Required Qualifications 1 or more years of professional work experience
Preferred Qualifications Pharmacy or medical knowledge desired. Knowledge of relational databases and warehouses.
Advanced SQL or SAS skills. MS Office skills. Strong analytical skills.
Ability to work well with team members and collaborate on various projects. 2+ years of proven ability to communicate and consult effectively with internal and external clients, including experience working directly with healthcare or Employer clients analyzing pharmacy claims or other relevant data. Ability to develop relationships within/outside of the Department. Experience as a senior analytic consultant/analyst in a healthcare or consulting organization.
Outstanding verbal/written communications, presentation, problem solving and interpersonal skills.
Ability to work in a fast paced environment, multitasking, working independently.
Education Bachelor's degree required. Degree in actuarial sciences, economics, statistics, or finance preferred.
Business Overview CVS Health, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers.
What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day. As the nation’s largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units – MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy.
Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers. CVS Health is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, ethnicity, ancestry, color, religion, sex/gender (including pregnancy), national origin, sexual orientation, gender identity or expression, physical or mental disability, medical condition, age, veteran status, military status, marital status, genetic information, citizenship status, unemployment status, political affiliation, or on any other basis or characteristic prohibited by applicable federal, state or local law.
CVS Health will consider qualified job candidates with criminal histories in a manner consistent with federal, state and local laws. CVS Health will not discharge or in any other manner discriminate against any Colleague or applicant for employment because such Colleague or applicant has inquired about, discussed, or disclosed the compensation of the Colleague or applicant or another Colleague or applicant. Furthermore, we comply with the laws and regulations set forth in the following EEO is the Law Poster:
EEO IS THE LAW at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf and EEO IS THE LAW SUPPLEMENT at https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. If you require assistance to apply for this job, please contact us by clicking EEO AA CVS Health at mailto:EEO_AA@CVSHealth.com CVS Health does not require nor expect that applicants disclose their compensation history during the application, interview, and hiring process. For inquiries related to the application process or technical issues please contact the Kenexa Helpdesk at 1-855-338-5609.
For technical issues with the Virtual Job Tryout assessment, contact the Shaker Help Desk at 1-877-987-5352. Please note that we only accept resumes via our corporate website: https://jobs.cvshealth.com/
Health And Benefits Senior Consultant- Actuary
JOB OVERVIEW Advance your Actuarial career with Aon! We currently have several exciting career opportunities for senior level actuaries in our Heath & Benefit practice. With many locations throughout the United States, we are flexible on where these roles can reside. Engaging teams, deep subject matter experts and rewarding projects describe our appealing culture. An actuarial career at Aon adds up! Some office locations include: Atlanta, Tampa, Chicago, Columbus, Dallas, Denver, Lincolnshire, Los Angeles, New York, Miami, Minneapolis, Norwalk, Irvine/Los Angeles, Portland, Richmond/D.C. area, San Francisco, Seattle, Somerset, Philadelphia, and The Woodlands/Houston. For immediate consideration or more information – please apply! DUTIES AND RESPONSIBILITIES * Perform advanced strategy and actuarial consulting to include the following: (Benefit strategy, Goal setting, Benchmarking, Plan design, Pricing strategy, Budget setting, Bid/selection projects) * Provide actuarial client leadership on targeted clients/prospects focusing on broader business objectives such as: (Take ownership of outcomes, Delegate responsibilities effectively; coach and mentor team members, Build relationships with clients, Understand clients' business, Analyze scoping needs) * Exhibit leadership in business judgment in anticipating client/project needs and developing alternative solutions.
Lead/facilitate complex client meetings to deliver measurable results.
Form effective actuarial teams, share client background and goals, measure results, share ideas, identify process improvements, provide timely and regular coaching and feedback to team members.
Lead all actuarial work on client teams, provide technical coaching to other team members, and provide ultimate sign-off on results
Act as strategic resource for Health & Benefits (H&B;) consultants.
Exhibit thought leadership for H&B--understand; and be able to articulate H&B;'s Point of View to clients.
Additional formal or informal responsibilities may include: (People management or mentoring, Business development results, Workflow Management--staffing planning, Technical expertise, Understanding of Aon Hewitt business and direction) * Actively engage in peer review: have documents reviewed before going to client and review others’ documents
Contribute to the improvement of the practice (through national model development/maintenance, leading initiatives, etc.)
QUALIFICATIONS * College degree (or equivalent experience) * Candidate must have a FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation. * 8+ years of health care industry experience (carrier or consulting) * Project management experience
People management experience or equivalent skills (depending on people management responsibilities) * Broad business knowledge/perspective
Team building skills
We offer you A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
Our Colleague Experience: From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit
Aon Colleague Experience.
About Aon: Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position. Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer. DISCLAIMER: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. 10/11/2017 09:55:49 Job number: 56741 Category: Actuarial
- Location:* United States, NJ, Somerset
Essential FunctionsEssential Functions may include, but are not limited to the following: 1.Designs, develops, and maintains rate and pricing models to optimize competitive advantage and support corporate objectives. 2.Coordinates Catastrophe Modeling efforts including data compilation, validation, and presentation. 3.Completes data requests related to reinsurance renewal efforts. 4.Maintains and updates ceded premium allocation models to support internal financial statements. 5.Develops and implements cash projection analysis. 6.Coordinates Capital Modeling efforts to support Enterprise Risk Management objectives. 7.Assists Chief Actuary with development of reserving models and analysis of company booked reserves.8.Completes other actuarial studies as assigned.9.Ability to apply theoretical solutions to real-world problems.Knowledge, Skills and Abilities iKnowledge of PhMIC products and pricing. iUnderstand principles and practices of insurance underwriting. iInterpret premium algorithms and coverage nuances. iGeneral understanding of insurance accounting and Company financial statements. iCommunicate effectively with others (oral and written). iAnalyze complex issues and make critical decisions. iMaintain records, prepare reports and conduct correspondence related to the work. iInterpret and apply laws, rules and regulations, as well as complex policy and contract coverage. iObtain and use sensitive information discreetly and objectively, both internal and external. iDetermine when to escalate concerns to the appropriate level of management. iFollow oral and written directions. iCorrect English usage, spelling, grammar, vocabulary and punctuation. iWork effectively with others in a team environment. iContribute effectively to the accomplishment of team or work unit goals, objectives and activities. iEstablish and maintain effective working relationships with those contacted in the course of work. iExcellent customer service skills. iAbility to organize and prioritize work. iWork independently and demonstrate drive and initiative. iAbility to handle multiple tasks at once. iMeet definite deadlines and deal with pressure situations. iCollect, interpret, and input data efficiently and accurately. iUse computer and related software effectively. iAdhere to the relevant standards of practice and professional conduct as promulgated by the American Academy of Actuaries and the Casualty Actuarial Society. Position
Minimum QualificationsiBacheloris degree from an accredited college or university with a minimum 3.0 GPAiACAS(Associate of the Casualty Actuarial Society) designation, ASA (Associate of the Society of Actuaries) credential in General Insurance, FCAS(Fellow of the Casualty Actuarial Society) designation or FSA (Fellow of the Society of Actuaries) credential in General Insurance
- Adherence to the Code of Professional Conduct of the Casualty Actuarial Society (CAS) is expected even if employee is not a member of CAS.
Description: Position Purpose: Conduct analysis, pricing and risk assessment to estimate financial outcomes. Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes Develop probability tables based on analysis of statistical data and other pertinent information Review insurance plans and calculate required premium rates Ensure cash reserves and liabilities enable payment of future benefits Determine equitable basis for distributing money for insurance benefits Participate in merger and acquisition analysis
Education/Experience: Bachelor's degree in Business or related field. 10 years of actuarial experience, including 2 years of Medicaid experience. License/Certification: Fellow or Associate in Society of Actuaries; Member of American Academy of Actuaries. Centene is an equal opportunity employer that is committed to diversity, and values the ways in which we are different. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other characteristic protected by applicable law.
Other Locations:USA-California-Woodland Hills, USA-California-Rancho Cordova, USA-Illinois-Chicago, USA-Arizona-Tempe, USA-Georgia-Atlanta
Actuarial Analyst Assistant Or Actuary Assistant
Overview Actuarial Analyst Assistant or Actuary Assistant DOE Seattle, WA or Portland, OR Responsibilities & Requirements The Cambia Health Solutions Actuarial Division is responsible for proactively managing and retrospectively tracking and reporting on the financial and risk positions within the company, and supporting the strategic goals of the corporation. Within that context, the Actuarial Analyst Assistant or Actuary Assistant performs technical, analytical, and support functions to help the division and the company meet its goals. Combine your analytical and technical skills with the following: Actuarial Analyst Assistant I
Bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or an equivalent related field.
Has passed SOA exam P and has completed VEE, preferred.
Keen analytical and problem-solving skills.
Business sense (finance, accounting, economics, risk management).
Solid oral and written communication skills.
Strong computer skills (Excel, Word, Access, SQL and SAS).
Ability to work independently. Actuarial Analyst Assistant II Same as above plus:
Has passed SOA exams P, FM, and has completed VEE.
Demonstrated competency in performing all Assistant Actuarial Analyst I duties. Actuary Assistant I Same as above plus:
Bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or an equivalent related field and one year experience or equivalent combination of education and job-related experience.
Well into the process of earning recognized actuarial credentials (ASA, MAAA)
Proven ability to perform moderately difficult actuarial tasks
Demonstrated competency in performing all Actuarial Analyst Assistant II duties Actuary Assistant II Same as above plus:
Bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or an equivalent related field and minimum 2 years’ experience or equivalent combination of education and job-related experience.
Demonstrated competency in performing all Actuary Assistant I duties. Essential Functions:
Provides actuarial support to multiple divisions with focus on provider contracting, and Medicare Advantage risk scores and Stars.
Effectively manages work and study time.
Developing Excel, Word, Access, SAS and Regence data warehouse skills.
Accurately updates data in spreadsheets and models.
Pulls data using established queries.
Completes model updates based on established procedures.
Updates supporting documentation or memos.
Meets established project deadlines.
Understands and follows department policies. Additional Functions for Actuarial Analyst Assistant II:
Competent in Excel, Access, Word and SAS; good knowledge of Regence data.
Provides technical peer review of established queries and data updates in spreadsheets and models.
Creates new data queries.
Drafts responses to customer questions.
Prepares updates to sustainment work, e.g., rate filings, reserves.
Reviews updates to sustainment documentation or memos. Additional Functions for Actuary Assistant I:
Participates in the Actuarial Credentialing Support Program with the intent of obtaining Associate in the Society of Actuaries and Membership in the American Academy of Actuaries credentials.
Actively contributes to personal development plan.
Develops documentation for new models or projects.
Drafts memos summarizing analysis and recommendations.
Makes recommendations to team leader regarding work results.
Develops methodology for new projects.
Completes technical peer review of ad hoc projects and new models.
Follows team and department best practices for new work product. Additional Functions for Actuary Assistant II:
Actively manages personal development plan.
Keeps boss informed regarding conflicting priorities and new work.
Effectively responds to routine customer questions.
Completes high-risk technical peer review for non-routine work.
Completes medium risk reasonableness peer review.
Actively contributes to workplan development.
Leads sustainment work, e.g., rate filings, reserves, hospital contract renewals. The position is pay levels 15, 16, 17 or 18 DOE. About Us At Cambia, we advocate for transforming the health care system. You aren’t satisfied with the status quo and neither are we. We're looking for individuals who are as passionate as we are about transforming the way people experience health care. We offer a competitive salary and a generous benefits package. We are an equal opportunity employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A drug screen and background check is required. Cambia’s portfolio of companies spans health care information technology and software development; retail health care; health insurance plans that carry the Blue Cross and Blue Shield brands; pharmacy benefit management; life, disability, dental, vision and other lines of protection; alternative solutions to health care access; and free-standing health and wellness solutions. We have a century of experience in developing and providing health solutions to serve our members. We had our beginnings in the logging communities of the Pacific Northwest as innovators in helping workers afford health care. That pioneering spirit has kept us at the forefront as we build new avenues to improve access to and quality of health care for the future. Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Need help finding the right job? We can recommend jobs specifically for you! Requisition ID2017-24092 Category (Portal Searching)Actuarial/Underwriting
Supervisor, Associate Actuary
Assurant has an exciting opportunity for a Supervisor, Associate Actuary! Plans, organizes, leads, controls and coordinates projects and day-to-day activities of associates who are involved in providing services in the Actuarial Department which achieve organizational and departmental goals. Workload & Responsibilities (55%)
Creates new memorandums and other business communications with logical structure
Prepares projections and reviews reports for accuracy and reasonableness; applies detail for recommendations to management; acknowledges industry trends which may affect analysis
Probes to understands report requesters' needs, adjusts methodologies as necessary using a wide range of techniques; suggest alternative approaches
Implements solutions to translate financial projections into business metrics; monitors area productivity, processes, & business profitability
Interacts with state insurance departments, auditors, functional areas and/or Corporate regarding business processes, gaps, strategy & improvements
Develops & implements method to improve system & data quality and measures improvements Relationship Management (15%)
Proactively works to build strong relationships internally (functional support areas), and externally (auditors, & state insurance departments)
Takes ownership of tasks and pushes back on other functional areas where appropriate
Participate in development of short and long-term goals and plans for team
Communicates with management regarding issues across own functional area
Actively engages in cross-training and knowledge information sharing within and outside of the department to ensure best practices and process alignment Team Development (20%)
Assigns work based on understanding of strengths and development needs of staff
Completes performance management reviews and other duties in accordance with company guidelines
Appropriately encourages staff advancement through development plans, training, exam study time, etc; recommends progression, discipline, & discharge when necessary Self- Development (10%)
Takes actuarial exams in pursuit of professional designation
Keeps abreast of industry and macroeconomic trends which could impact Assurant’s businesses
Mentoring – identifies potential mentors, seeks opportunities to mentor, and makes self available to mentor
Learns new software to maintain ability to complete work in an efficient and effective manner
Learns Assurant’s products and keeps abreast of the contractual relationships of the largest clients in each business unit and product line
Participates in cross-functional teams, committees, etc. to round out insurance & company knowledge EDUCATION
Bachelor’s degree and a minimum of 4 actuarial examinations completed
Associate of the Casualty Actuarial Society designation preferred. EXPERIENCE: * Minimum of four years of progressive responsibilities and related experience in an actuarial role, preferably with P&C experience in the service contract industry
Advance to Expert knowledge of most recent version of Microsoft Office application, with an emphasis on Excel and PowerPoint
Supervisory and/or Leadership experience preferred.
Strong verbal communication skills, especially in presenting actuarial data to audiences.
Title:Supervisor, Associate Actuary
Actuary, Senior Actuary, Associate Actuary (Several Jobs & Locations)
The Firm is seeking several smart and talented Actuary, Senior Actuary, Associate Actuary (several jobs & locations) people to help us develop new and innovative ways to expand our product portfolio, reach new customers and serve well the clients already a part of the Firm's family.
Job Purpose The Finance organization in has embarked on a multi-year transformation program, with the goal of empowering Finance to create value through operational efficiency, automation of processes, reduction of manual work, and developing best-in-class capabilities in areas of data, modeling, analytics and reporting. The person in this role will be a member of the Actuarial team, initially focused on transformation projects, and eventually moving into core actuarial functional teams upon project completion. This role requires a strong, conceptual thinker with the ability to absorb abstract concepts and envision applications of those concepts in concrete situations. The person should also have the technical expertise to implement complex ideas into practice through hands-on execution of work efforts.
• In-depth knowledge of topics in the actuarial field, or an actuarial related field in finance
-Career ASA or nearly qualified FSA with at least 5 years of actuarial experience
-Software skills including MS Office/Excel/VBA. Additional computer programming knowledge is a plus
-Flexibility to adapt to dynamic projects • Solid interpersonal/relationshipmanagement/communication skills – the ability to foster good working relationships with business partners is needed to gather required data and analyses • Strong organization skills with the ability to manage a process and handle multiple tasks simultaneously Preferred:
-Database experience with MS Access or other SQL database.
-Knowledge of TM1 or other OLAP database (with a focus on data structuring).
-Knowledge of scripting language such as Python or Perl.
Positions Locations: Chicago, Woodland Hills, CA., Atlanta,GA., Denver, CO., St. Louis.
SUN Information Systems Inc., is in the business of supporting organizations to operate more productively and profitably through a full spectrum of development, specialized products, solutions, project implementation and other technology services. We specialize in the areas of application development, support, system architecture, design & administration, system integration, data mining, cyber security and performance tuning for vertical markets including Information Technology, Healthcare, and Financial Services.
SISI has been providing superior information technology talent and solutions to our customers. Our reputation as an IT expert is built on a decade of experience as a full-spectrum source for the IT community and Healthcare Community. Our current customer roster features Fortune 500 companies and several top vendor companies, who in-turn serves multiple clients.
VP Life Product Development Actuary
· Develop and mentor actuaries
· Develop new life products
· Marketing and innovation
· Keeping up with development trends and assumptions
· Underwriting development
· Completed Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Science-base, or another analytical field
· Experience working in an actuarial position or internship
· Experience in model development, implementation and/or validation a plus
· Knowledge of software packages used in business communication; MS Excel, Word and PowerPoint
· Solid oral and written communication skills
Director & Actuary - Risk And Profitability Measurement
Title: Director & Actuary - Risk and Profitability Measurement
Location: United States-Connecticut-Hartford
Job Number: 1702772
Overview of the Position This position is responsible for maintaining, enhancing and advancing the Accident Year (AY) ROE model. The model is used for all Property and Casualty lines and selected areas of Group Benefits. A key aspect of this work is the capital attribution process for P&C. The incumbent will coordinate with the Planning area to ensure proper integration with the HOOPS planning system. Incumbent will provide consultative and ad hoc assistance to the Actuarial community and business segments regarding ROE (return on equity) performance and analytics. The incumbent will also be involved with understanding the economic capital (EC) model for P&C and GB to ensure we are getting the proper information for use in capital attribution
Scope of the Position: This position is responsible for maintaining and enhancing The Hartford's analytical capabilities in the field of risk adjusted return analysis. Our model and methodology are used for all P&C lines for pricing, planning, and performance analysis. This position will also work with ERM to continue the advancement of our capital attribution process.
Provide expert consultation on the results from our models for planning and tracking, identifying the key drivers for results and deviations from expectations. Publish the quarterly P&C Underwriting ROE report. Provide sensitivity analysis for key metrics during the planning process, as well as ad hoc analysis requested by management.
Understand and partner with ERM in the completion of the annual capital attribution process, enhancing the current processes and methodologies as appropriate.
Lead the Leverage Working Group (made up of the lead pricing actuary for each line) in developing pricing leverage. Provide the leadership to the group efforts and work to ensure a solid understanding of the concepts involved in AY ROE and leverage among the group’s members.
Be the lead technical role in enhancing the models and methodologies developed by The Hartford in risk-adjusted benchmark return analysis. This includes the Excel models used for planning, tracking and pricing, and the integration of these metrics into the HOOPS planning system and other systems.
Support the Pricing areas on filings using our AY ROE model at both time of filing (for complex filings) and in follow-up questions. Work to develop a better understanding and acceptance of our approach by insurance regulators.
Support the understanding of CY ROE metrics and drivers and reconciliation to the AY ROE.
- Manage the actuarial student in the team. This includes coordination of assignment and priorities for support on economic capital projects requiring support from the student.
Educational requirements: Fellowship in the CAS, SOA or equivalent experience; B.A. or B.S. in finance, statistics, applied mathematics, economics, actuarial science or related field required. Masters degree in a quantitative discipline or MBA a plus.
- Experience requirements: 5-7 years experience in the P&C insurance industry with strong expertise in actuarial, financial/statistical modeling and analytics Technical/Functional
Advanced subject matter expertise in MS Excel, statistics, and empirical model building. Knowledge of key DFA modeling platforms such as Igloo is a plus.
Strong knowledge of actuarial pricing concepts and practices. Working knowledge of corporate finance, financial management and economics, and statistics theory and applications
Strong knowledge of actuarial, mathematical, and/or statistical methods and theories
Strong verbal/written communication skills; must be able to effectively communicate with managers across the organization. Competencies:
Strong analytical capability
Innovative. Seeks new and creative ways to approach analytical exercises and development projects
Demonstrated ability to work independently
Results-oriented. Demonstrates a sense of urgency and pride of ownership of work products.
Ability to build effective relationships with internal and external points of contact
Behaviors at the Hartford
Deliver Outcomes – Demonstrate a bias for speed and execution that serves our shareholders and customers
Operate as a Team Player – Work together to drive solutions for the good of The Hartford
Build Strong Partnerships – Demonstrate integrity and build trust with others
Strive for Excellence – Motivate yourself and others to achieve high standards and continuously improve The Hartford is an Equal Employment Opportunity and Affirmative Action Employer. The Hartford maintains a drug-free workplace. Committed to Building Inclusion and Leveraging Diversity
NO AGENCIES PLEASEJob: P&C Student/Post Student Primary LocationUnited States-Connecticut-Hartford Other Locations ScheduleFull-time Job LevelManager Education LevelBachelor's Degree (±16 years) Job TypeStandard ShiftDay Job Employee StatusRegular Overtime StatusExempt TravelNo PostingNov 27, 2017, 10:23:01 AM Remote Worker OptionNo
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