Life Pricing Actuary

Job Summary:

The Life Pricing Actuary role is responsible for developing, managing and leading projects in support of pricing insurance business utilizing accepted actuarial and statistical standards, as well as methodologies and knowledge. This role works closely with key business partners to develop and execute appropriate pricing, modeling and product strategies of high complexity to support business goals related to line(s) and/or geographic areas. The individual has broad influence on peers, broader team and outside stakeholders. The individual will be a manager and leader within the actuarial department or be a leader through very advanced actuarial expertise and assist others with their knowledge.

Key Responsibilities:

Uses best practices to develop and ensure appropriateness of highly complex actuarial/statistical analyses/methodologies used across the organization to influence and drive data-driven solutions of a broader nature

Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and often serves as a subject matter expert across the organization

Plans, implements, manages, and/or contributes on projects that are moderate to high complexity and are of large scale using accepted project management standards that cross multi-disciplinary areas with no guidance

Reviews, evaluates and communicates appropriateness of highly complex actuarial/modeling techniques and results to team, leadership and external groups that are well understood and to influence business decisions

Leads a team of people and provides input on talent management aspects to leadership

Contributes to the development of department strategies which help achieve corporate business results

Responsible for selecting, reviewing, using and ensuring quality of data used to perform moderate to highly complex actuarial and statistical services and determination of appropriate tool utilization from a wide tool kit

Leverages understanding of insurance business, product, markets and regulatory environment to develop pricing/modeling strategies and influence business decisions. Acts as a subject matter expert and often serves on external panels/forums

Education and Experience:

4 year Bachelors Degree (Preferred)

8+ years of relevant actuarial experience in Life Insurance. Experience pricing/managing group insurance preferred.

Certificates, Licenses, Registrations:

Fellow of Society of Actuaries (FSA) (Preferred)

Functional Skills:

Demonstrated advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications

Strategic thinker who is able to understand market dynamics to help lead product strategy

Excellent communication skills, including the ability to present written and verbal interpretations of highly specialized terms and data, to multi-disciplinary groups and all organizational levels

Advanced experience in leading the development/application of highly complex models as well as evaluating models of many types

Ability to use and/or instruct others in language usage to achieve results, can be considered a subject matter expert

Extensive product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques

Proven management experience required, including ability to train, develop and mentor people leaders

Advanced project management skills to independently handle multiple project of high complexity, that cross multi-disciplinary groups

Notes:

The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.Compensation offered for this role is $165,500.00-$234,312.50 per year and is based on experience and qualifications.