What are the responsibilities and job description for the Associate Actuary - REMOTE position at Staff Financial Group?
Associate Actuary - REMOTE
You will be responsible for modeling and analyzing liability cash flows related to individual life insurance and annuity products. Theindividual will develop solutions that contribute to quality improvements or work process effectiveness and will also be involved in strategic initiatives to help the business reach its goals.
Profile Description:
Use actuarial modeling software to project cash flows for the purpose of managing the inforce block and supporting strategic initiatives
Develop analysis of model output and communicate results
Work closely with internal and external parties in supporting various aspects of in force management including but not limited to dividends, credited rates, and illustration testing.
Communicate results to various interested parties including manager and Senior Management
Collaborate with other departments in order to support strategic initiatives and execute value creation opportunities
Diagnose problems and/or areas for improvement; design and execute solutions to improve business performance
Knowledge & Experience:
Ability to adapt to changing priorities and work on several projects concurrently
Strong analytical skills and advanced knowledge of life insurance and annuity products; ability to use this knowledge to lead/develop solutions to ad-hoc requests or issues
Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline
ASA or newly credentialed FSA
5-6 years financial, insurance industry, or actuarial experience
Excellent computer skills (especially Excel, Access, Visual Basic)
Experience with Prophet Actuarial Software is a plus
Ability to challenge current methodologies/approaches and develop more efficient and effective solutions
Strong understanding of insurance products and insurance company operations
