Job Summary: As an Actuarial Analyst, you will maintain actuarial models to design and price life, health, and annuity products. You will support projects involving updating policy forms, industry competitive data, and surveys, and utilize your knowledge to consult and influence management towards courses of action that have an impact on products/pricing, modeling, profitability, underwriting, administration, and risk management. Continued progress towards actuarial designations through the Society of Actuaries is strongly encouraged. Role & Responsibilities:
Builds actuarial assumptions and models using a variety of tools, including actuarial modeling software, data visualization applications, programming languages, and Microsoft Office applications.
Communicates results to direct management, verbally, in writing, or in presentation form. Documents work according to actuarial standards of practice.
Works towards actuarial designation from the Society of Actuaries.
Be proficient with actuarial pricing models and complete work.
Be familiar with relevant laws, regulations, and guidelines and ensure contracts and annual testing, such as illustration regulations, are compliant.
Key requirements of this position:
Experience working with Life and/or Annuity products required.
3 to 5 actuarial exams completed at a minimum.
Life Pricing experience is HIGHLY preferred.
Nice-to-have skills:
Life Pricing Experience.
Most incumbents have completed most, if not all, coursework for attaining Associateship (ASA) (5 - 6 exams/online courses).
Numbers & Facts
Location
Bloomington, IL (Remote)
Salary
$88,800–$120,000 Per Year
Skills
Actuarial Skillsunmatched
Analysis Skillsunmatched
Annuitiesunmatched
Cisco ASA (Adaptive Security Appliance)unmatched
Consultingunmatched
Data Modelingunmatched
Data Visualization Toolsunmatched
Microsoft Officeunmatched
Online Coursesunmatched
Pricingunmatched
Product Pricingunmatched
Profit & Lossunmatched
Programming Languagesunmatched
Regulationsunmatched
Risk Managementunmatched
Software Engineeringunmatched
Underwritingunmatched
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