Senior Actuarial Analyst

Profile Summary

• This position takes ownership of actuarial responsibilities for Assumption setting process, Experience Studies & Cash Flow Testing of Employee Benefits & overall coordination of Closed Block Life products

Role

• Responsible for assumption setting process of Employee Benefit business

• Perform experience studies by extracting relevant experience data, perform reconciliations and data analysis

• Apply actuarial techniques to analyze and interpret the experience trends and explain drivers of changes

• Analyze the impacts on various metrics from change in assumptions

• Providing support for cash flow testing and actuarial memoranda

• Responding to requests from internal and external auditors

• Build strong relationships and collaborate effectively on cross-functional teams

• Diagnose problems and/or areas for improvement; design and execute solutions to improve business performance

Requirements

• Bachelors degree in Mathematics, Actuarial Science, Finance, or related business discipline

• ASA or newly credentialed FSA

• 5-6+ years of actuarial or financial or insurance industry experience.

• Must have experience in Employee Benefits (Group life, Group Health) or life insurance

• Experience in assumption setting or experience studies is a plus

• Excellent computer skills (especially Excel, Access, Visual Basic)

• Strong analytical skills and advanced knowledge of actuarial statistics/assumptions; ability to use this knowledge to lead/develop solutions to ad-hoc requests or issues

• Ability to challenge current methodologies/approaches and develop more efficient and effective solutions

• Strong understanding of insurance products and insurance company operations

• Ability to communicate effectively with manager, other team members and partners/ customer