What are the responsibilities and job description for the Actuary position at Business Integra Inc?
Overview
As an Actuarial Analyst 2, 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 impact on products/pricing, modeling, profitability, underwriting, administration, and risk management. Continued progress towards actuarial designations through the Society of Actuaries is strongly encouraged..
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.
- Conduct statistical analysis to assess financial risks and probabilities
- Perform financial analysis to support business planning and forecasting
- Develop and maintain financial models using specialized software
- Provide expertise in quantitative research methods to inform strategic initiatives
- Collaborate with cross-functional teams to analyze and interpret complex data
- Communicate findings and recommendations to stakeholders in a clear and concise manner
Qualifications
- - Experience working with Life and/or Annuity products required
- - 3 to 5 actuarial exams completed at minimum
- - Life Pricing experience is HIGHLY preferred
Job Type: Full-time
Pay: $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Day shift
Application Question(s):
- How many actuarial exams have they completed?
- how many years of Life Pricing experience do you have?
Experience:
- Life Pricing: 1 year (Required)
- Annuity products: 1 year (Required)
- Life Health Annuities: 1 year (Required)
License/Certification:
- FSA (Preferred)
- ASA (Preferred)
Ability to Commute:
- Bloomington, IL (Required)
Work Location: Remote
Salary : $120,000
