Director, Actuarial Modeling (HYBRID)

When you join the team at Unum, you become part of an organization committed to helping you thrive.

Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:

• Award-winning culture

• Inclusion and diversity as a priority

• Performance Based Incentive Plans

• Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability

• Generous PTO (including paid time to volunteer!)

• Up to 9.5% 401(k) employer contribution

• Mental health support

• Career advancement opportunities

• Student loan repayment options

• Tuition reimbursement

• Flexible work environments

• All the benefits listed above are subject to the terms of their individual Plans.

And that’s just the beginning…

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!

General Summary:

The Director, Actuarial Modeling will oversee a diverse team of actuarial and finance professionals, providing actuarial modeling support across multiple lines of business. This role will work in close partnership with line of business teams, actuarial governance, IT, and others to support solution design, development, and implementation of actuarial models across multiple technology solutions. This role will also own the overall strategy, roadmap, and vendor relationship for our primary actuarial modeling platform (Prophet / FIS Insurance Risk Suite) and will collaborate with key partners to ensure that users have the tools & expertise required to effectively build, execute, and analyze model results.

Principal Duties and Responsibilities

• Lead actuarial modeling efforts to support teams including pricing, valuation, planning, asset-liability management, and business analysis and participate in implementation efforts
• Participate actively on cross-functional or operational special projects (e.g. reinsurance analysis, underwriting, compliance, etc.) and provide actuarial modeling expertise
• Develop and maintain the overall Prophet platform strategy and roadmap to optimize platform use throughout Finance Provide support and maintenance for Prophet (FIS Insurance Risk Suite) through collaboration with finance partners, IT partners, vendor contacts, actuarial governance, and others as necessary to maintain platform stability and support users
• Mentor, manage and train an actuarial support staff
• Manage a shared service organization of actuarial modeling staff which includes local, international, and consulting staff to execute on development work across multiple Finance teams
• May perform other duties as assigned

Job Specifications

• Bachelor’s degree required
• At least four years of relevant experience and/or a high level of technical expertise
• Associateship in the Society of Actuaries required, Fellowship preferred
• Proficiency with actuarial modeling technology required. Experience with Prophet (FIS Insurance Risk Suite) desired
• Communication: Ability to clearly and concisely communicate complex technical information to various audiences, including non-technical stakeholders
• Leadership: Strong leadership skills to manage and mentor a diverse team, fostering an environment where team members can operate as experts in their areas
• Collaboration: Effective collaboration with other departments and stakeholders, building partnerships rather than dictating solutions
• Problem-Solving: Analytical problem-solving skills to identify and address complex actuarial issues, often requiring innovative solutions
• Adaptability: Flexibility to adapt to transformation priorities in addition to new regulations, technologies, and market changes, ensuring the team remains agile and responsive.
• Experience working in an Agile environment preferred

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Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.

$109,100.00-$224,000.00

Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.

Company:

Unum