What are the responsibilities and job description for the Actuary 2 - Life/Health/Annuities position at VSV WINS INC?
Job Title : Actuary 2 - Life / Health / Annuities
Location : Remote (Preference for candidates near Bloomington, IL, avoid these states : California, District of Columbia, Kentucky, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, West Virginia)
Employment Type : Permanent
Salary Range : As per Exp.
Job Description :
The Actuary 2 - Life / Health / Annuities will be responsible for developing actuarial assumptions and models using various tools, including actuarial modeling software, programming languages, data visualization applications, and Microsoft Office. This role involves pricing and designing life, health, and annuity products while ensuring compliance with relevant laws and regulations. Candidates will be expected to work towards their actuarial designation from the Society of Actuaries.
Key Responsibilities :
Build actuarial assumptions and models using advanced tools and software.
Communicate results to direct management through presentations, reports, and written documentation.
Document work according to actuarial standards of practice.
Maintain proficiency in actuarial pricing models and ensure timely completion of work.
Ensure compliance with relevant regulations, including illustration requirements and annual testing.
Support projects related to policy forms, industry competitive data, and surveys.
Consult and influence management on courses of action impacting pricing, modeling, profitability, underwriting, administration, and risk management.
Required Qualifications :
Experience working with Life and / or Annuity products .
Completion of 3 to 5 actuarial exams (minimum requirement).
Life Pricing experience is highly preferred.
Preferred Qualifications :
Strong preference for candidates with Life Pricing experience .
Most incumbents have completed 5-6 exams or online courses towards Associateship (ASA) designation.
Why Join Us?
Client offers a small-company feel with strong work-life balance. As we approach our 100-year anniversary in 2025 , we celebrate a legacy of employee care and business excellence. This role provides exposure to diverse product suites and various aspects of the business, ensuring a well-rounded actuarial experience.
Additional Information :
Variable Compensation : 6% annual bonus
Sponsorship : Not available
Equity : Not included
Relocation Assistance : Available nationwide
Work Hours : Fixed schedule (not flexible)
Position Type : Backfill
Direct Reports : No
