Associate Actuary Resume Samples

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F Brekke

Finn

Brekke

2224 Nienow Pass

Detroit

+1 (555) 313 9906

2224 Nienow Pass

Detroit

Phone

p +1 (555) 313 9906

Experience Experience

Philadelphia, PA

Associate Actuary

Philadelphia, PA

Runolfsson, Kuhic and McKenzie

Philadelphia, PA

Associate Actuary

Assist in the ongoing development and production of a risk analytics package that can be used by senior management to make informed risk management decisions
Manages one associate and provides guidance and assistance to lower level positions
GAAP improvements Assisting in the implementation of process, infrastructure, and/or analytical improvements
Assist in management of client teams and project workflow
Review, manage and assist in the preparation of recurring defined benefit and OPEB plan actuarial valuation and compliance work including
Work with practice leadership to analyze team capacity and improve work efficiency
Develops solutions that contribute to quality improvements or work process effectiveness

Detroit, MI

Associate Actuary Level

Detroit, MI

Kling, Emmerich and Jenkins

Detroit, MI

Associate Actuary Level

Managing and maintaining MG-ALFA AeMcS models. Work closely with model developers to improve and upgrade models
Interface with senior leadership on a regular basis, working to build consensus and provide strategic direction
Manages studies that underlie actuarial assumptions and provides assumptions and data to others
Responsible for developing quantitative/analytical models and applications in support of the firms risk management effort
Assist in the review, analysis and explanation of Life consolidated earnings, including IFRS, Statutory and Market Value results
Works well under pressure and within time constraints to effectively accomplish individual and team objectives
Perform monthly valuation on payout annuity products via in-house systems and via Moses

present

Los Angeles, CA

Senior Associate Actuary

Los Angeles, CA

Jones-Larkin

present

Los Angeles, CA

Senior Associate Actuary

present

Modeling includes communication and documentation of results, validation of models, maintenance, testing and communicating modeling changes
Pricing Model Owner responsible for the development, analysis and coding of new modeling techniques and methods
Designs and develops products to provide the targeted distribution and marketplace product offerings with distinct competitive advantages
Participates in writing and reviewing life insurance contracts, ensuring the use of clear, precise language to mitigate risk
Primary responsibility is performing the modeling for CFT, ALM analysis, Economic Capital and other ad-hoc projects under a variety of interest rate scenarios, assumptions and sensitivity tests
Works closely with Product Analyst and partners in IT and QA to communicate product features and specs, design testing plans, and resolve defects uncovered in the testing process
Closely monitors developments in the life insurance marketplace, financial landscape and regulatory environment to incorporate into current and future product designs

Education Education

Bachelor’s Degree in Mathematics

Colorado State University

Bachelor’s Degree in Mathematics

Skills Skills

Highly motivated, conceptual thinker who is able to work independently or in a team, and take a leadership role in a wide variety of assignments
Ability to balance detail with departmental goals/objectives
Profitability monitoring
Ability to manage multiple projects or teams and set applicable goals
Expert ability to balance detail with departmental goals/objectives
Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
Advanced oral and written communication skills demonstrating ability to share and impart knowledge
Ability to work independently and to work well within a team environment, balancing detail and individual tasks with team objectives and projects
Strong candidates will have the ability to communicate technical topics simply and effectively
Highly organized, innovative, problem-solver with excellent analytical and communication skills

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Senior Associate Actuary Resume Examples & Samples

Prepare annual actuarial valuations to determine
Provide accurate and timely responses to inquiries from institutional clients and
Service oriented, team player

Associate Actuary Resume Examples & Samples

Prepare actuarial compliance filings by collecting, summarizing and validating data from a variety of data sources, populating forms, submitting filings with regulators, and responding to any resulting questions
Preparation of experience analyses of various product parameters for insurance products
Prepare periodic valuation of liabilities
Prepare projections of future product performance for use in various corporate analyses
Participate in quarterly and annual financial reporting, preparation of forecasts and analysis of results for insurance and reinsurance business
Assist in preparation of actuarial elements of Annual Statements for Insurance legal entities
Support operations team in review of data
Understand, reconcile and analyze inputs to actuarial work product from changes in underlying data
Bachelor's degree in Mathematics, Statistics, Actuarial Science or related field
Minimum of three (3) years of life or health actuarial experience
Minimum of Associateship membership in Society of Actuaries or Canadian Institute of Actuaries
Working knowledge of Microsoft Office applications, particularly Excel, Access and PowerPoint
Working knowledge of valuation/projection software. Ability to complete complex actuarial processes accurately using fact-based analysis
Ability to work efficiently and accurately with large data sets
Must be willing to work out of an office in Overland Park, KS
Must be wiling to travel up to 10%
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening
Experience in valuation of life and health insurance policies and systems
Proven ability to learn quickly, and to apply known concepts to new situations
Strong time management and organizational skills, ability to manage multiple tasks and work within time constraints
Able to effectively and concisely communicate written, visual and verbal messages and to translate technical information to a non-technical audience
Commitment to progress towards FSA designation

Associate Actuary Resume Examples & Samples

Leads the preparation and interpretation of actuarial information for presentation to management
Monitors profitability by line of business and/or product and develops supporting reports and/or analyses
Maintains the product line or Corporate process to comply with various state and federal regulations
May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development
Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace. Recommends appropriate reactions to these developments
Provides guidance and advice regarding pricing rates, modeling methodology, or reserving and related matters
Serves as a key resource for completion of one or more major recurring projects during the course of the year
Represents the company on industry and professional committees and/or with regulators
May supervise a team of employees

Associate Actuary / Assistant Actuary Resume Examples & Samples

Provide reports and analysis to management on the valuation and projection of IFRS and GAAP fair value reserves for variable annuity products
Provide reports and analysis of the attribution of fair value reserves due to market movements and policyholder behavior and work with others on the valuation and hedging teams to understand the impacts of hedging and finalize attribution results
Work with various areas to ensure economic and policyholder behavior assumptions and modeling methods are thoroughly defined, tested and implemented into the fair value models, meeting change management requirements
Monitor and analyze developments in actuarial techniques, laws and regulations applicable to annuities
Find creative solutions to standardize and automate processes
May supervise 1 or 2 employees
Candidate should have a Bachelor's Degree in Actuarial Science, Mathematics, Statistics, and Economics or related field; MBA or Masters in quantitative field a plus
3-5 years of total actuarial experience with 2+ years in VA risk reporting/management
Strong analytical skills and be able to perform accurately and well under pressure
A strong attention to detail and the ability to multi-task is a must
A demonstrated track record in creating accurate, sustainable, and controlled processes that minimize the opportunity for human error
Have a good understanding of the interactions between IFRS and statutory frameworks on VA product, and Risk Neutral valuation/price theory and models
An understanding of and experience with derivatives is a strong plus
ASA designation required; FSA, CFA, CERA, CAIA designations a plus

Associate Actuary Act Dc Resume Examples & Samples

Works collaboratively with business partners throughout the Prudential organization to support the development and maintenance of a long-term asset/liability modeling platform for Prudential Retirements entire book of business which can be leveraged for many uses (asset adequacy testing, pricing, portfolio strategy and tactics analyses, stress testing, risk aggregation, etc.)
Builds, parameterizes, and supports the creation of a production environment for ALM and investment-related modeling, helping to ensure a controlled and optimized modeling platform
Partners to develop and refine ALM modeling needs in support of product development, pricing, and product management for the Retirement lines of business
Partners closely with others on the Modeling and Governance Team, ALM Team, Pricing VPs, and Actuarial teams
Serves as key resource in validating or implementing ALM modeling changes and coordinates with business partners to complete User Acceptance Testing in a timely manner
Experience with actuarial modeling software required. Examples of actuarial modeling software include TAS, MG-ALFA, Prophet, GGY Axis, etc
Extensive industry knowledge and experience, focusing on Retirement Products, pricing, and asset/liability management and risk management work
Knowledge of industry knowledge and experience, focusing on Retirement Products, pricing, and asset/liability management and risk management work is preferred
Ability to convey a sense of urgency and to work productively with internal and corporate business partners (ALM, product, actuarial, finance, tax, treasurers, etc.)
Collaborative and team-oriented leadership and work style
Strong computer skills, including knowledge of Microsoft Excel, Access, Word, and Visual Basic
Bachelors degree is required; MS in Mathematics or related field preferred
Associate of the Society of Actuaries designation (ASA) with 3+ years of actuarial experience

Associate Actuary Resume Examples & Samples

Minimum exam requirement: 4 or more exams, ASA preferred
Minimum work experience: 3+ years of actuarial experience
Ability to communicate effectively with peers and senior leaders
Ability to work effectively with teams of individuals with diverse skill sets
Ability to effectively and confidently discuss audit issues with management and develop business-focused recommendations to strengthen controls and risk management practices
Highly motivated, conceptual thinker who is able to work independently or in a team, and take a leadership role in a wide variety of assignments
Real world, risk neutral and market-consistent valuation techniques

Associate Actuary / Assistant Actuary Resume Examples & Samples

Lead the assembly preparation of the variable annuity statutory and tax reserves for purposes of quarterly reporting to accounting and corporate tax, as well as for purposes of annual financial statement state filings and annual tax filings, ensuring completeness, accuracy and reasonableness of values
Supervise the preparation of various tax models that are in several platforms – Polysystems, APL, ALFA, spreadsheets, etc. Ensure compliance with model owner responsibilities such as adherence to governance process for assumption and method updates, and change management requirements. Maintain and/or further improve the projection of tax reserves for purposes of financial planning and sensitivities
Provide reports and analysis to management on the determination of target surplus for variable and fixed annuity products
Support transformation initiatives to improve the current reporting assembly process, as well as support corporate tax to address various tax reforms and audits impacting variable annuities
Monitor and analyze developments in actuarial techniques, laws, statutory and tax regulations applicable to annuities

Associate Actuary Resume Examples & Samples

Developing models for new initiatives
Converting existing models to a new platform
Testing impacts of new assumptions
Collaborating closely with Corporate Model Governance and the Model Risk and Model Governance teams as new standards are developed
Documenting changes to the models
Supporting Asset Adequacy Testing (AAT)
Interact with cross functional teams and drive direction of project based work for team
Must have at least an ASA or be near an ASA
Must have at least 3 years of experience in the life insurance industry
Some experience in variable annuities is desired
Some experience with GGY AXIS is preferred
Must be resourceful and proactive in resolving questions/problems
Bachelor degree or higher
Strong documentation skills and be well organized

Associate Actuary Resume Examples & Samples

GAAP reporting Supporting CADs quarterly and annual GAAP production processes. This includes compiling quarterly GAAP issues, reconciling results, and reviewing GAAP actuarial documentation and 10-Q and 10-K disclosures
GAAP improvements Assisting in the implementation of process, infrastructure, and/or analytical improvements
GAAP auditing / testing Assisting in surveys / reviews of GAAP methodologies and cell testing of GAAP actuarial calculations
The position may also support other CAD activities such as statutory asset adequacy testing, enterprise-wide initiatives related to emerging regulatory frameworks, and other ad-hoc projects
Associate of the Society of Actuaries designation (ASA) preferred
2+ years of actuarial experience
Knowledge of GAAP valuation and financial reporting
Working knowledge of audit and control concepts
Exposure to multiple lines of business
Ability to multi-task / juggle multiple deliverables

Associate Actuary Resume Examples & Samples

Collaborate with the Asset Liability Management (ALM) group on investment assumption development and execution for pricing funded transactions
Typically ASA or near ASA required
Four plus years of actuarial experience
Investment or ALM experience would be a big plus
Good communication skills, particularly in presenting results to senior executives

Associate Actuary Resume Examples & Samples

Model Building: Supporting the building of models and analytical tools to support the activities of the Model Risk Management group. This will involve the development of the models and tools as well as the analyzing of output
Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Science based, or related analytical field
Attainment of the Society of Actuaries ASA designation, or near ASA, is desired
3+ years of experience in an actuarial field is desired
1+ years of experience in model development, implementation and/or validation is required
Experience with capital planning or asset adequacy testing is desired
Experience with retirement or group insurance products is desired
Strong reasoning and excellent communication skills. Ability to understand complex actuarial, investment and financial issues and synthesize knowledge into a clear, concise view, reflecting unique insights based upon thoughtful analysis, to inform senior management decision-making. Must be able to communicate highly technical concepts simply to a non-technical audience, both verbally and in written communication, to achieve desired objectives
Demonstrated advanced knowledge of software packages used in business communication such as MS Excel, Word and PowerPointis required. Ability to convert technical findings into clear and concise PowerPoint presentations will be very important for this role
Experience managing one or more direct reports, or managing more junior level resources on projects
Proficiency in the use of modeling software packages, such as MG-ALFA, Prophet, PolySystems, MATLAB, and VBA
Skilled with database development, maintenance, and extraction of data for reporting is desired

Associate Actuary Resume Examples & Samples

B.S./ B.A. required
Associate of the Society of Actuaries designation (ASA) preferred, with 3+ years of actuarial experience
Must be able to clearly and logically communicate product and actuarial concepts to team members, business partners and other technical and non-technical audiences
Strong Excel and VBA programming skills. Experience with other actuarial software a plus (MATLAB, GGY Access, etc)
Ability to effectively collaborate with business partners to jointly design products
Experience with fixed annuities a strong plus

Associate Actuary Level Resume Examples & Samples

Work with business side to clearly understand and capture the business needs, requirements and scope. Work with software vendors on specifications
Form consensus on development, methodology issues and assumptions among business side, developers, and software vendor
Develop design of solutions and explore innovative ideas
Direct model development from design to deliver, and review results for quality control
Research to understand the impact of methodology/assumption/Modeling issues to business and identify potential risks for business
Communicate results and findings to appropriate management committees and other project teams
Provides consultation and clarification on actuarial models and risk issues from UAT
Issue actuarial opinions on development work from other teams
Ensure development work to comply with internal policy for model change control
Plan and execute special actuarial projects
Supervise one or more junior analysts
Other duties as assigned based on divisional needs

Associate Actuary Level Resume Examples & Samples

I&R quarterly MVN reporting including EAC and ERC calculation under the economic framework
Identifying the key drivers of the market value movements from opening value to closing value during the reporting period
Partnering with separate internal I&R division actuaries to prepare, analyze and explain the MVN results to senior management and Corporate
I&R quarterly MCVNB reporting
Annual market consistent budgeting (MC MTP) project to forecast the EAC, ERC and EFC
Managing and maintaining MG-ALFA AeMcS models. Work closely with model developers to improve and upgrade models
Other duties as assigned based on divisional and team needs
Will supervise actuarial students/actuarial technicians
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 6 years of relevant experience
In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience
In lieu of FSA will accept ASA or equivalent professional designation and 10 years of relevant experience
Demonstrates high judgment, organization and prioritization skills
Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences
Experience with MG-ALFA, MoSes or other actuarial software systems
Use of Excel for purposes of analyzing and presenting results
General knowledge of asset types and derivatives
Should be able to demonstrate judgment, organization and prioritization skills and to effectively communicate, both verbally and in writing, advanced mathematical and analytical concepts to various audiences
Should be able work well under pressure and within time constraints to effectively accomplish individual and team objectives

Associate Actuary Resume Examples & Samples

Implement area-specific plans and goals that help enhance business-wide objectives
Create cooperative working relationships with business partners and external consultants
Leverage various sources of competitive information, including coordination of benefits claims
Meets eligibility requirements for Humana’s Actuarial Professional Development Program (APDP)
Advanced Technology Skills – including Microsoft Excel, Visual Basic for Applications, SQL and SAS
Ability to certify statements of Actuarial opinion

Associate Actuary Resume Examples & Samples

Partner with Prudentials Global Portfolio Management team to develop and enhance Retirements Asset Liability Management Governance Structure including leading various initiatives developed by the Working Group supporting the Retirement Asset Liability Council
Collaborate with business partners throughout the Prudential organization to develop tools and processes for ultimate use across various uses (e.g., asset adequacy testing, pricing, portfolio strategy and tactics analyses, stress testing, risk aggregation, etc.) to drive Asset Liability Management related decision making
Support development and maintenance of asset modeling assumptions for use across Retirement Actuarial
Support development of analysis frameworks to support pricing and product development across Retirement
Partner with Prudentials Global Portfolio Management team to develop and enhance investment strategies across Retirements $90 billion general account portfolio
Associate of the Society of Actuaries (ASA) preferred; 4+ years of business/actuarial experience
Excellent technical skills and ability to understand complex quantitative concepts and models
Ability to partner with diverse constituents using strong influencing and collaboration skills
Ability to prioritize, plan, and execute across multiple work efforts simultaneously
Strong communication skills and presentation skills
Strong knowledge of GAAP and Statutory financial principles, and financial modeling; Asset Liability Management a plus

Senior Associate Actuary Resume Examples & Samples

Manage multiple projects
Ensure on-time delivery of all results
Drive resolution of data issues
High degree of knowledge of legal requirements for nondiscrimination testing and DB minimum funding
Some degree of technical knowledge of DB valuation concepts
Required technical actuarial skills/knowledge: Analysis, Multi-tasking and Critical Thinking

Associate Actuary Resume Examples & Samples

Learn Prudentials Required Capital frameworks and how to apply them for the Annuities business
Learn the Prudential Annuities in house modeling platform. Run models to help evaluate new internal and potential Federal (SIFI) capital frameworks. Assist with ad hoc analyses and projects
Produce capital projections to support the Annuities quarterly forecasting process. Provide the necessary explanation and analysis of the forecasts for various internal stakeholders
Support the Forecast Redesign project for Annuities. Responsibilities may include executing test plans, and evaluating modeling results for accuracy and reasonability
Bachelors Degree or higher in mathematics, statistics, economics, actuarial science, finance, or other quantitative field
Minimum 3 years actuarial experience, and 4 exams passed
Associate of the Society of Actuaries (ASA) Designation preferred
Experience in GAAP or Statutory valuation for life insurance or variable annuity products is desirable. Knowledge of AG43, RBC C3P2, or economic capital frameworks is a plus
Experienced user of MS Excel, MS Word, and MS Access. Experience with Visual Basic for Applications (VBA) is desirable
Understanding of actuarial risks, and the ability to communicate them in oral or written form to Finance associates

Associate Actuary Resume Examples & Samples

Development or review of mortality and policyholder behavior assumptions
Support for experience study systems including producing reports and updating business tables
Authorship or review of documentation pertaining to the development of assumptions
Maintenance , development, and review of control procedures
Development of project plans and management of projects
Significant collaboration with other actuarial areas pricing valuation and modeling
B.A. / B.S. required - preferably in accounting, business, finance, mathematics or related field
Strong oral and writing communications skills
Demonstrated interpersonal and partnering skills
Experience in GAAP or STAT expense or financial reporting
Experience with Polysystems or LifeMeasure
Knowledge of Oracle or SQL
Knowledge of Microsoft Access, VBA
Continuing education toward a professional designation or advanced degree
Knowledge of life insurance products
Actuarial Examinations

Associate Actuary Resume Examples & Samples

Two years of experience with Excel, VBA, and SQL; Group Medicare Advantage bid filings; project management; translating technical issues to communicate to staff and leadership
Two years of experience in two or more of the following disciplines: modeling, pricing, rate filing, reporting & analysis, reserving or trending
Two years of experience working with high volume and peak season deadlines; and
Two years of experience pricing capitated HMOs

Associate Actuary Resume Examples & Samples

Testing, validating and maintaining the existing living benefit guarantee valuation models
Documenting model changes and base-lining the models
Programming Experience in any computer language is preferred (e.g. Visual Basic, C++, etc.)

Associate Actuary Resume Examples & Samples

Must be communicate technical information both orally and written to both technical and non-technical individuals
Strong Excel and VBA programming skills. Experience with other actuarial software a plus (MATLAB, GGY Axis, etc)
Experience with living benefits (on Fixed or Variable products) a plus

Associate Actuary Resume Examples & Samples

Excel, SAS and VBA programming, and PowerPoint; project management; translating technical issues to communicate to staff and leadership, and working in a collaborative team environment
Two or more of the following disciplines: modeling, pricing, rate filing, reporting & analysis, reserving or trending
Working with high volume and peak season deadlines
Working with health insurance products (commercial or Medicare), with focus on HMO, PPO, indemnity and point-of-service products; and
Process improvement experience to improve accuracy and efficiency of reporting and trend analysis

Associate Actuary Resume Examples & Samples

3+ years of actuarial experience
ASA or near ASA required
Prior variable annuity valuation and/or hedging experience desired
Prior experience with MG-Hedge, GGY AXIS or similar actuarial modeling software is desired
Prior financial reporting experience desired

Associate Actuary Resume Examples & Samples

GGY Axis Coordination and Development
PolySystems Coordination and Development
Tactical Solutions
Collaborating with BU representatives or Corporate Actuarial to gather and document functional and control requirements for tactical solutions
Consolidating multiple existing EUCS together
Developing and supporting EUC applications, including initial creation, developer testing, deployment, and application support
Ensuring that solutions developed satisfy Prudential policies and standards, including the EUCS policy, Actuarial Model Governance (AMG) standards, and Model Risk Management Group (MRMG) standards, as appropriate
Creating functional and technical documentation for the applications, including
Extremely high proficiency with Microsoft Excel and VBA required
Minimum of 3 years of professional experience
High level of expertise with databases (e.g., Microsoft Access, SQL Server) required
ASA strongly preferred, but not required
Experience with other programming languages (C++, C#, VB.NET, MATLAB) a plus
Strong collaboration and project management skills
Strategic thinking skills, including consideration of how developed applications can fit into the long-term goals of the actuarial enterprise
Knowledge of building controls within applications and maintaining a strong control environment, including audit trails
Commitment to providing high-quality solutions for our internal customers

Associate Actuary Resume Examples & Samples

Provide excellent guidance to Humana’s leadership team in valuing liabilities by using sound, up-to-date valuation methods and assumptions. These health liabilities include, but are not limited to, incurred but not reported (IBNR), premium deficiency reserves (PDR), extension of benefit (EOB), and aggregate & specific stop loss reserves
Conduct monthly meetings with the Finance team to come to an agreement on reserve estimates
Coordinate with operations, pricing and financial areas to insure consistency of reporting and analysis
Create new reserving and other statutory models
Interact frequently with PwC and state DOIs on audits and examinations
Support our ASO sales team as it relates to valuation of liabilities
Develop expertise in regulatory matters, as it relates to statutory requirements, return on invested income (ROIC) and risk-based capital (RBC)
Manages projects and/or staff
Proficient with Microsoft Excel and Access
Advanced Technology Skills (VBA, SQL, Access, Oracle, Qlikview)
Experience in more than one discipline (e.g., modeling, pricing, rate filing, reporting & analysis, provider contracting or trending)
Works well with ambiguity and be independent

Associate Actuary Resume Examples & Samples

Perform experience study to support Disability forecasting process
Maintain, enhance and build Disability forecasting model
Support Disability pricing strategy development and implementation
Support earning analysis
Bachelors degree is required
ASA or close to ASA preferred
Minimum of 4 years of actuarial experience required. Group Insurance experience preferred
Strong team player, willing to perform in roles that assist as well as lead
Programming experience in SQL, Excel, Visual Basic or actuarial modeling software preferred
Ability to communicate/relay technical actuarial concepts to non-actuarial audiences effectively

Associate Actuary Resume Examples & Samples

Developing and maintaining in-house developed valuation models for living benefit reporting
Developing and maintaining in-house developed stochastic-on-stochastic projection model for statutory and GAAP forecasting and other ad-hoc projects
Strong quantitative and analytical skills required
Degree in mathematics, actuarial science, finance, computer science, or other related quantitative field required
Actuarial credentials ASA preferred
Experience in actuarial modeling required and experience in annuity pricing, valuation, and/or VA dynamic hedging preferred
Experience in programming required. Strong skills in C/C++, Excel/VBA programming desired
Ability to identify problems and implement comprehensive solutions

Mapd Part D Associate Actuary Resume Examples & Samples

Support quarterly forecast of current year financials
Support the bid filings which includes setting the premiums for the coming year
Act as a key resource and liaison to other functional areas of Humana's business, building productive cross-functional relationships
Conduct root cause analyses
Check forecast results for reasonableness by keep track of changes in assumptions and their impacts to evaluate the reasonableness of the overall projection
Support the pricing of the Medicare Advantage and Prescription Drug pricing of the dual demo product
Associate of Society of Actuaries (ASA) designation and MAAA
Meets eligibility requirements in Humana’s Actuarial Professional Development Program (APDP)
SAS and VBA skills
Experience in more than one discipline (e.g.,modeling, pricing, rate filing, reporting & analysis, reserving or trending)

Actuary, Level / Associate Actuary Resume Examples & Samples

Develop and drive a high-level UAT strategy, as well as take a hands-on approach to implementing that strategy
Work with development managers to define the applications, architectural choices, and data modeling could drive better functional and performance testability
Work with our production operation and reporting managers to influence and help improve our release automation and monitoring capabilities to drive our quality goals
Be highly committed to create world class automation for regression and user accepting testing –continuous integration concepts
Working with development team and be an advocate for unit testing to reduce defect cost found in downstream project phases
Lead efforts to develop, document, and implement applicable UAT processes and procedures to provide more effective quality methods within the group in support of providing quality products
Create, implement, maintain, and enhance test plans, test scripts, and test methodologies that ensure exhaustive testing of all assigned software systems to ensure compliance with software/system specifications
Collaborate with developers to improve overall product quality by emphasizing defect prevention throughout the development process
Maintain a high degree of error free programs, procedures, systems, and documentation on all software application releases
Anticipate potential software problems by creating exhaustive test scenarios that ensure comprehensive testing
Identify and analyze defects/test results and be able to deduct the chain of events leading to a failure
Communicate and escalate critical issues and status updates in a timely manner
Educate and train peers and subordinates on the UAT process and provide guidance to them when they are unclear about the process
Manage processes for moving applications from test to production environments
Establish and maintain good working relationships with peers in Model Development, Project Management, and other internal or external clients
Plan, organize, and monitor the execution of the work assignments for the UAT Team
Manage time off requests for staff within department and ensure that minimum office coverage is maintained
Remain current on changes and new developments on new and existing software applications/releases
Ensure that the project schedule is adhered to and the work is completed according to the schedule
Exhibits regular, reliable, punctual and predictable attendance
Strong knowledge of UAT testing and Software Test Life Cycle
Ability to analyze Business Requirements and Specifications
Experience with testing tools, processes, and metric gathering/tracking
Experience with actuarial model development/validation preferred
Good project management skills and/or substantial exposure to project-based work structures
Excellent understanding of the organizations goals and objectives
Fast learner and be able to work in a fast paced environment
A self-motivated, self-starter, organized, team player

Associate Actuary Resume Examples & Samples

Lead quarterly GAAP valuation, financial reporting and risk monitoring
Provide the required capital and indicative pricing for new transactions and for contracts that allow fees to be reset periodically
Assist in the development of new and enhanced stable value products for DB and DC plans and for the institutional and retail capital markets. Product development activities may include
Assist in the development of documentation of operational rules, guidelines, and controls for the pricing and risk management of stable value products

Associate Actuary Resume Examples & Samples

3-7 years of strong actuarial experience (financial modeling, product development, pricing, valuation, GAAP/Stat reporting, asset-adequacy testing, asset/investment/hedging/risk modeling, etc)
ASA required; FSA preferred
Other risk/investment professional designations such as CFA, CERA, FRM or advanced degrees are not required but would be welcomed
Good technical skills and ability to understand complex quantitative concepts and models
Strong programming skills including C++, C# and Excel VBA are preferred
Good communication skills, particularly in presenting results to audience of diversified backgrounds

Associate Actuary Resume Examples & Samples

Primary responsibility is to perform independent model testing and to review and update documentation, of existing and new models, in compliance with the model governance requirements
Work closely with other members of Group Insurance Actuarial to ensure consistency of model testing documentation
Attainment of the Society of Actuaries ASA designation is desired
years of experience in model development, implementation and/or validation is required
Experience in actuarial and/or quantitative modeling to perform complex insurance and investment products simulation and analytics
Strong leadership skills and business acumen
Knowledge of practices related to pricing, valuation, risk management, and/or insurance accounting

Associate Actuary Resume Examples & Samples

Develop and maintain test tools used to validate actuarial production models used for valuation and forecasting for individual annuities
Perform independent model review and testing of Annuity production models
Write, edit, and manage required model documentation as needed, following the documentation standards set out by AMG
Execute control functions related to the production of actuarial reserves and DAC
Support model development and change management as needed
Participate in model changes/implementation initiatives as an expert on process and controls for model development, implementation, and use
Associate of the Society of Actuaries designation (ASA) or near ASA preferred
3+ years actuarial experience desired
Ability to partner effectively with colleagues across multiple functional groups and corporate areas
Experience with actuarial modeling systems (e.g.GGY Axis, ALFA, PolySystems),and/or programming software (e.g. SQL, C++, and VBA) preferred
Insurance experience required. Knowledge of variable annuities a plus

Associate Actuary Resume Examples & Samples

Enhancing analytical tools and processes
Updating annual VA-CARVM and RBC memos
Working closely with members of other teams (e.g., Financial Modeling, Forecasting, Finance, Hedging, Corporate Actuarial) to achieve results
Supporting annual surveys
Opportunities to learn about and perform attribution and sensitivity analysis for GAAP items such as Reserves and DAC
Strong skills in MS Excel, MS Access, and MS Word
Management experience is a plus
Experience with VBA/SQL is a plus
Experience with Principles Based Reserves/Capital is a plus
Experience with Variable Annuities and/or Guaranteed Living & Death Benefits is a plus
Preferably already attained ASA, FSA is a plus

Associate Actuary Resume Examples & Samples

ASA or near FSA; College degree or above
Self-motivated and driving for results; Must be a team player
Advanced experience in MS Excel and MS Access including VBA
Superior communication skills, both verbal and written
Prior US GAAP and statutory valuation experience in life, annuity, and/or A&H products preferred
Long-Term Care experience preferred
Experience with Polysystems software preferred

Associate Actuary Resume Examples & Samples

Associate of the Society of Actuaries (ASA) designation with at least 3 years of actuarial experience
Strong hands-on modeling experience with actuarial modeling software is required
Modeling experience in MG-ALFA, MoSes, TAS or GGY AXIS is plus
Must be able to communicate technical concepts to a wide range of audience
Highly motivated and conceptual thinker who is able to collaborate in a team environment and work independently
Must be resourceful and proactive in resolving questions/issues
Strong organization and documentation skills

Associate Actuary Resume Examples & Samples

Developing and maintaining model documentation that describe current and/or future state, including inputs, outputs, calculations, assumptions, methodology and operating instructions. This includes model process documents, SOPs, change management documentation, business & technical specifications, and other forms of communication
Perform model testing, affirmation and periodic intelligent cell testing of all LTC Actuarial models. Support model reviews performed by independent groups (Actuarial Model Governance (AMG), Model Risk Management Group (MRMG), Internal Audit, PwC)
Contribute to the success of model risk management and governance programs for LTC Actuarial by staying current on and enforcing compliance with established enterprise model risk management policies and AMG procedures across all models
Develop expertise in LTC Actuarial models via support of model governance activities, interaction with designated model owners, review of historical artifacts and model code base as well as model operating instructions
Understand and articulate the impact of model governance procedures on all model activities and the execution of those procedures on behalf of model owners
Propose solutions or new ideas that enhance model quality, stability, effectiveness and efficiency
Associate of Society of Actuaries (ASA) is required. Fellow of Society of Actuaries (FSA) is a plus
A minimum of 3 years of actuarial modeling experience is required
Industry knowledge and experience of the LTC business is required
Experience with Actuarial modeling software (i.e. PolySystems) is required
Strong knowledge of MS Office tools, including Microsoft Excel and Visual Basic, is required. Knowledge of MS Visio is a plus
Ability to analyze and organize complex subject matter and transform it into easy-to-understand language and diagrams
Highly motivated individual who is able to work within a team environment or independently on a variety of assignments
Knowledge of practices related to Valuation, Forecasting, Projections/Cash Flow Testing and/or Pricing are preferred
Ability to demonstrate a high degree of initiative, curiosity, with an eagerness to learn
High level of self-motivation and ownership of results
Detail oriented with ability to multitask
Strong analytical skills including the ability to think critically and logically

Associate Actuary Resume Examples & Samples

Support long term goal of developing a fully integrated ALM model capable of accommodating multiple uses, including Asset Adequacy Testing and more general inforce management
Support pending IOSV asset modeling initiative and conversion to GGY AXIS, and ongoing production responsibilities
Define business requirements to model Retirement products in a new software platform as well as additional requirements to develop a more automated process
Collaborate closely with Modeling & Governance & IT business partners to implement these enhanced models and processes
Continuously develop and enhance existing analytics to improve communication with various business partners
Partner with multiple parties to refine models as necessary in support of methodology changes as well as broader projects
Collaborate with other members of the Valuation Modeling Team as well as Corporate Actuarial Department, Modeling & Governance Team, GPM Team and Pricing Team
Test and validate modeling changes and ensure reasonability of overall model results
Maintain adherence with appropriate corporate governance, controls, and documentation policies/procedures
Potentially support process and infrastructure builds to automate capital modeling requirements

Associate Actuary Resume Examples & Samples

Attainment of the Society of Actuaries ASA designation, or near ASA
3+ years of experience in actuarial, finance, model risk, audit or consulting related to such functions
Strong attention to detail, time management and organization skills
Highly motivated, flexible, able to maintain focus and discipline in a highly dynamic environment
Be able to effectively collaborate across multiple business groups and corporate areas
Excellent oral and written communication skills, able to analyze and organize complex subject matter and transform it into easy-to-understand language and diagrams

Associate Actuary Resume Examples & Samples

Provide an analysis and concise summary of pension plan provisions and proposed benefit structure as part of the pre-sales process, identifying any new or unusual risks as well as specific benefit and transaction features that present pricing, on boarding or implementation challenges
Review client Request For Quotations(RFQ) documents alongside the UK lead and ensure that the Business, Underwriting, Pricing and Administration teams interpret these documents correctly and consistently
Reconcile pension benefit modeling with our counterparties
Work with the Pricing team to independently replicate Pension and Annuity cashflows using the Best Estimate assumptions along with all reserving and capital scenarios in order to validate the liabilities used in our pricing models
Actively engage as a member of the transaction team from initial evaluation and quotation, through the on-boarding process
Support the Global Longevity Risk Transfer Business team on actuarial related questions
Engage with the PRT in force and service delivery team to complete annual cashflow repricing efforts to support our enforce book of business
Expectation to provide support for US Funded Pension Risk Transfer business dependent on transaction volumes within each market
Minimum 3 years of actuarial work experience in Retirement and/ or Insurance
4+ Actuarial Exams preferred
Experience with pension plans a plus
Strong Microsoft excel and word skills

Associate Actuary Resume Examples & Samples

Participate in ongoing pricing processes such as rate setting, profitability reporting, forecasting, and assumption setting
Collaborate with Hedging, Valuation, Finance, Corporate Actuarial, and other business partners in creating solutions to complex problems
Must be able to communicate technical information both orally and written to both technical and non-technical individuals
Strong Excel and VBA programming skills. Experience with other actuarial software a plus (MATLAB, GGY Axis, Access, etc)

Associate Actuary Resume Examples & Samples

Bachelor's degree in Actuarial Science or related field required
ASA designation is preferred
Five or more years of actuarial work experience is preferred
Experience in Valuation of Group products is preferred but not required
Strong analytical and communication skills are required
Proficient in Microsoft Excel and experience with MS Access is preferred

Employer Group Associate Actuary Resume Examples & Samples

Develop detailed understanding of the different funding LOBs and how the rating models work
Apply pricing knowledge to analyze rating models and recommend potential improvements
Collaborate with Underwriting and Product Development on various funding arrangement projects
Collaborate and provide support to Underwriting on key accounts
Develop tracking and analysis of funding arrangement product performance

Associate Actuary Resume Examples & Samples

Support the team through development of materials and preparation of research summaries and ad hoc reports, in particular as it relates to the retirement strategies
Understand and synthesize complex client / partner data into executive summaries for review by team
Anticipate needs of team (internal and external) through strong working relationships and coordination
Propose recommendations for improvement or standardization of processes
Contribute to thought leadership, material development and execution
Attend and contribute to client meetings, as needed
Have broad understanding of each US business units current business, distribution, products and markets (includes Retirement, PGIM, Group Insurance, Annuities and Individual Life Insurance) and an understanding of each business units current and emerging business priorities and capabilities
Efficiently navigate the Prudential organization to assemble and summarize internal information
FSA or ASA designation (or progression towards designation)
Defined Benefit Pension Plan expertise knowledge of pension actuarial principles and funding/accounting regulations
Consulting experience with pension plan sponsors (minimum 3 years experience)
Very strong project management skills, oral and written communication skills
Strong MS Excel, Word and Powerpoint skills required
Ability to interact efficiently with professionals at all levels and functions, including senior management and business sales professional

Associate Actuary Resume Examples & Samples

Learn the Prudential Annuities in house modeling platform and valuation tools. Run models/tools to report Prudentials Required Capital levels for quarterly reporting. Provide necessary explanation and analysis of quarterly reported numbers to various internal stakeholders
Produce capital projections using forecasting tools to support the Annuities quarterly forecasting process. Provide necessary explanation and analysis of forecasts for various internal stakeholders
Run models to help evaluate and analyze Required Capital levels for impacts of assumption and methodology updates
Run models to help evaluate potential Federal (SIFI) capital frameworks
Support the development and implementation of enhancements to current forecasting and reporting methodology
Lead the Replicating Portfolio process used in the assessing Annuities market risk
Assist in Statutory Cash Flow Testing process
Assist with ad hoc analyses and projects
Understanding of actuarial risks, and the ability to communicate them in oral or written form to stakeholders

Associate Actuary Level Resume Examples & Samples

Perform monthly valuation on payout annuity products via in-house systems and via Moses
Support actuarial staff in analyzing and reporting reserves in Microsoft Access and Excel
Prepare Annual Statement filings and respond to auditor requests
Lead actuarial projects that impact payout annuities
FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 6 years of relevant experience
Demonstrates high quality leadership, judgment, organization and prioritization skills
Excellent computer skills (particularly in Microsoft Access and Excel)
Previous supervisory experience is a plus

Associate Actuary, Actuarial Modeling Resume Examples & Samples

Quantitative actuarial/asset/investment/risk modeling experience
Good technical skills and ability to understand complex quantitative concepts and models, and to perform complex analytical work in assessing and modeling financial, investment, and actuarial risks, reserving, capital modeling and/or management, and hedging
Experience with VBA, C++, C# or similar Dot Net language. Experience in development of actuarial models written in these languages a plus
Some Actuarial exams, ASA is preferred; CFA, CERA, PRM, or FRM desired
Fast learner and a strong team player
Bachelor Degree in a quantitative or financial field such as Actuarial Science, Finance, Computer Science, Mathematics, Statistics, Economics, etc

Associate Actuary Resume Examples & Samples

Assistance with inforce management and analytics of the growing Retirement business
Assistance with annual review of all aspects of mortality and mortality improvement assumptions, including detailed review of various methodologies that may be used for setting mortality improvement and various factors that may impact mortality and mortality improvement (i.e., age, country, socio-economic status, gender, benefit size)
Development and maintenance of risk metrics dashboard to share with key stakeholders outlining recent developments in mortality and mortality improvement, including analysis related to age, country, socio-economic status and gender, and benefit size. Analysis to be performed based on both internal experience data and external data
Assistance with new business assumption support
Assistance with preparation of presentation materials to management with analysis and recommendations
Assistance with process and governance related to assumptions and risk reporting
Assistance with audit and Fed reviews and requests
Assist in the enhancement of existing processes and analytics with a focus on controls and consistency
B.A. / B.S. required - preferably in actuarial science, mathematics, business, finance, or related field
Actuarial exams (ASA or near-ASA) preferred
Programming skills (e.g., Excel VBA) a plus
Experience with databases (e.g., Microsoft Access, SQL Server) a plus

Associate Actuary, Statuatory Valuation Resume Examples & Samples

Performing modeling and analysis in semi-annual Asset Adequacy Testing
Performing User Acceptance Testing for several planned model enhancements to be performed by the PII Actuarial Modeling team
Preparing presentation materials on AAT results for use in meetings with Corporate Actuarial
Assisting in writing AAT and RBC C-3 Phase Memoranda
Managing the teams Model Audit Rule (MAR) control set implementation, including communication with PII Risk Management
Communicating effectively with partners in PII Actuarial Modeling, PII Finance, Corporate Actuarial, and actuaries in PII local operations
3+ years of actuarial work experience
Experience with PolySystems, GGY or other actuarial software a plus
Willingness to display flexibility and initiative, in order to fully contribute to PII objectives

Associate Actuary Level Resume Examples & Samples

Provides reports and analyses to management on sales, persistency and mortality or morbidity experience for various product lines, reserve adequacy, risk management information, or various other similar items
Manages studies that underlie actuarial assumptions and provides assumptions and data to others
Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace
May represent the company on industry and professional committees and/or with regulators
May supervise a small team of employees

Associate Actuary Resume Examples & Samples

Primary responsibility is to perform independent model testing and prepare testing documentation, in compliance with the model governance requirements
Coordinate with Corporate Actuarial to ensure consistency on modeling related issues
Strong computer skills in Excel (including macros), Visual Basic, and Word

Quality of New Business Senior Associate Actuary Resume Examples & Samples

Requires a growing knowledge of the product line and the policy provisions to support maintenance of the QNB report through changes in new products, assumptions, and financial requirements
5-7+ years of experience in Actuarial positions that directly aligns with the specific responsibilities of the position
Educational experience and/or proficiency in pricing or valuation of Life Insurance products
Computer skills: MG-ALFA, Prophet, or similar actuarial projection software systems
Strong communication and problem solving skills
A demonstrated track record of consistently meeting and/or exceeding performance expectations
Drives performance targets to completion.#LI-AE1

Senior Associate Actuary Resume Examples & Samples

Serves as a resource to team members and applicable internal/external stakeholders on more complex assignments/projects for his/her assigned area(s) of responsibility
Consults on more complex assignments and/or projects for his/her assigned area(s) of responsibility
Maintains knowledge on current and emerging developments/trends for assigned area(s) or responsibility, assess the impact, and collaborates with management to incorporate new trends and developments in current and future solutions
5-7 years of increasing life insurance experience including actuarial product development experience that directly aligns with the responsibilities of this position
Experience with Individual Life products preferred
Strong knowledge of operations of variable, universal and traditional life insurance products from both contractual and systems perspectives
Thorough knowledge of product development process and actuarial pricing techniques, methods and software
Sound knowledge of federal income taxation of life insurance products including Internal Revenue Code Sections 72, 101, 7702, 7702A, and 7702B
Experience with Life Insurance administration platforms (Vantage and/or VPMS preferred) and illustration systems
Experience with actuarial pricing software such as MG-ALFA is preferred
A Demonstrated track record of consistently meeting and/or exceeding performance expectations

Associate Actuary, Actuarial Valuation Resume Examples & Samples

Valuation and Financial Reporting
Perform monthly, quarterly and annual valuation production duties for GAAP, Stat and Tax
Analyze and explain model results and deviations from expectations
Respond to internal and external auditor request, as well as ad-hoc reporting requests
3-5+ years of experience in Actuarial positions that directly aligns with the specific responsibilities of the position
Computer skills: Prophet, MG-ALFA, or similar actuarial projection software systems
Ability to analyze and recognize trends

Associate Actuary Resume Examples & Samples

Manages the timely delivery of comprehensive and professional work products to satisfy the actuarial modelling requests of actuarial business partners
Produces quarterly reserve movement analyses (RMAs) and other supporting quarter-end reporting deliverables related to the team’s assigned valuation models
Serves as model steward for liability models and calculators
Oversees the development and review of Off-Cycle and Annual Basis Changes
Serves as a company leader in the implementation, execution, and maintenance of valuation controls
Builds relationships and establishes a high level of credibility with Actuarial management across the Canadian Division particularly Business Unit CFOs, their teams and the VP & Chief Actuary
Maintains the high standards and spirit of the ASSC Service Level Agreement in interactions with Business unit and Actuarial/Finance clients and in the leadership of the team
Uses appropriate judgment in dealing with unexpected issues and requests, demonstrates an ability to prioritize work, balances resource requirements and achieves win-win solutions
Demonstrates an understanding and working knowledge regarding technical aspects of the work possessing sufficient knowledge and intuition to be able to independently verify and reconcile information under review
Plays a key role as part of the ASSC leadership team in the achievement of ASSC projects, the goals of process improvement and best practices in valuation reporting
Actuarial designation (FSA, FCIA, ASA) with 5+ years of relevant experience in progressive actuarial roles
Post-secondary education in Math/Computer Science, Actuarial Science or equivalent
Demonstrates advanced knowledge regarding technical aspects of work; able to review data or results (financial or otherwise) for reasonability and identify root causes and drivers in the data being reviewed
Self-starter with the ability to work independently, particularly in the area of using sound, independent judgment, problem-solving and analytical skills
Remains calm and controlled in pressured and stressful situations; demonstrates confidence and persistence in the face of setbacks and obstacles
Strong interpersonal skills with the ability to collaborate, negotiate and influence effectively
Results oriented, able to manage expectations, work under tight deadlines and manage competing priorities
Excellent customer focus and commitment to quality
Demonstrated leadership talents in coaching and motivating staff to achieve objectives
Strong business acumen with ability to communicate complex actuarial concepts and results in a clear, concise, easy to understand manner
Proficiency in GGY Axis

Associate Actuary Resume Examples & Samples

Leading Proprietary Product Development
Promotion and Marketing of M Proprietary Products
Supporting administration of M Reinsurance relationship
Managing relationships with internal and external stakeholders
Product Development: Lead cross-functional core teams in product development initiatives, ensuring that projects are implemented according to plan and that any issues are resolved promptly
Idea Generation: Develop new ideas for product development projects and “quick hit” ideas that can generate sales without exposing the company to undue risk
Relationship Management: Maintain excellent relationships with internal and external distribution partners; act as the primary liaison between Product Management and M Distribution team
Project Leadership: Drive projects to completion; help the business make key decisions in a timely manner; drive consensus
Negations with M Financial: Reaching agreement with key M stakeholders while ensuring John Hancock’s business needs/objectives are being met
Fellow of the Society of Actuaries (FSA) or equivalent, preferred
4-7 years’ experience in the insurance industry
Experience with insurance products, especially Indexed Universal Life and Variable Universal Life an asset
Ability to communicate and collaborate with various stakeholders including Underwriting, Operations, and Marketing
Demonstrated ability to break down detailed information and present to a non-technical audiences
Excellent communication (particularly written) and interpersonal skills to deal with both technical and non-technical audiences and customers
Capable of synthesizing complex details into the essential messages too be delivered to both senior management and distribution stakeholders
Adaptable to changing demands from multiple stakeholders and prioritize needs and results while working under deadline pressure
Ability to influence, collaborate, and build consensus with various stakeholders including Underwriting, Operations, and Marketing

Associate Actuary, Product Resume Examples & Samples

Leading and/or being a part of pricing teams to develop innovative new products that meeting marketing, profitability, and risk management goals
Joining cross functional product development teams that also include representatives from marketing, systems, illustrations, legal, and contracts, to represent Pricing's interests and concerns
Developing enhanced pricing techniques to reflect emerging issues such as guarantee costing, in force portfolio leveraging, and others
Working closely with Product Managers and Distribution on product design objectives that meet the needs of our customers in multiple distribution channels
Working with the AVP & Pricing Actuary and the AVP & Pricing Officer to present product financial results and explain key challenges and constraints at each step of the process
Responsible for additional projects related to the department's objectives
Fellow of the Society of Actuaries (FSA) or equivalent
Excellent analytical and problem-solving ability combined with very strong technical actuarial skills
Risk management focus, with ability to see beyond traditional measures and identify emerging issues
Ability to respond to changing demands from multiple stakeholders and prioritize needs and results while working under deadline pressure
Knowledge of IFRS and US Statutory accounting bases including earnings emergence, deferred taxes, and capital, as well as the various profit metrics used in pricing
Experience with US individual life insurance and/or long term care insurance (product development or valuation) an asset

Associate Actuary Resume Examples & Samples

Designs and completes special projects such as developing and maintaining experience-rating formulae and creating and/or reviewing alternative settlement formulate and risk sharing models
Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of business unit
Responsible for valuation support for business unit by interpreting financial results, variances from forecast to help identify product and segment behavior to assist in the risk management of the business unit
Requires a BS/BA degree
ASA required from the Society of Actuaries (SOA)
At least 4 years related experience
Any combination of education and experience, which would provide an equivalent background
Self-starter that sees tasks to completion with limited direction
Experience with modeling, pricing, data manipulation, and proficiency in tools used for such tasks

Associate Actuary Resume Examples & Samples

Build, enhance and maintain tools to analyze experience relative to assumptions
Monitor financial and operational results for LTC, and work with senior leaders and business partners to produce actionable analyses
Develop and improve analysis tools. Work with business and IT partners to identify and access appropriate data sources. Ensure high quality/accurate reporting
Participate in strategic initiative projects by providing insight and data analysis
BA/BS Degree in Actuarial Science, Mathematics or related major
2+ years of relevant actuarial work experience within insurance industry, preferably in experience analysis, valuation or modeling areas
ASA or near ASA with commensurate experience
Strong proficiency in Excel
Demonstrated problem solving skills, intellectual curiosity and a desire to find answers
Requires ability to write new SQL and/or SAS code
Requires proven experience finding and accessing appropriate data for purposes of analysis
Requires strong verbal and written communication skills, with the ability to explain technical concepts
LTC experience
Experience with a data visualization tool (e.g., Spotfire or Tableau)
Flexible team player, self-driven, motivated. Shows initiative and ownership in tasks

Associate Actuary Resume Examples & Samples

Provide excellent guidance to Humana’s leadership team in valuing liabilities by using sound, up-to-date valuation methods and assumptions. These health liabilities include, but are not limited to, incurred but not reported (IBNR), premium deficiency reserves (PDR), extension of benefit (EOB), and stop loss reserves
Analyze data to better understand and predict payment patterns
Act as a liaison to other functional areas of Humana's business, building productive cross-functional relationships
Create new reserving, statistical, and statutory capital models
Develop and improve senior leadership reporting packages
Advanced Technology Skills (VBA, SQL, SAS, QlikView)
Works well with ambiguity and independence

Associate Actuary, Valuation Resume Examples & Samples

3-5 + years of experience in Actuarial positions that directly aligns with the specific responsibilities of the position
Educational experience and/or proficiency in valuation of Life insurance products
Computer skills: MR-Triton, MG-ALFA, or similar actuarial projection software systems

Associate Actuary / ASA Resume Examples & Samples

Thorough understanding of Microsoft Excel and actuarial concepts
Experience mentoring staff and managing projects is ideal
Experience with Medicare Advantage programs, Medicaid programs, commercial individual/group insurance, pharmacy benefits, long term care, or provider risk-taking programs strongly preferred
Strong communication skills (both verbal and written)
Ability to help identify client issues and resources needed to solve problems
Analytical thinking skills to evaluate analyses for communication to clients
Ability to help plan and organize work for projects
Teach and check work of less experienced actuarial staff
Identify project deliverables, meet deadlines, and ensure compliance with quality procedures
Ability to work independently and within a team
Client focused and results oriented
Organizational expertise and flexibility
Goal of attaining FSA designation
Ambition and excitement for professional development within the actuarial field

Associate Actuary Resume Examples & Samples

Annual consolidation of Product Line Asset Adequacy Analysis for the Actuarial Memorandums
Consolidation of Annual Statement Valuation support; preparation of various annual statement actuarial exhibits, schedules, supplements and filings for Genworth Legal Entities
Monitoring of responses to regulatory inquiries, state examinations, internal and external audits, and surveys
Participation on professional actuarial organization committees or working groups, as necessary to be engaged on regulatory actuarial issues important to Genworth
Performing ad hoc actuarial requests
Associate, Society of Actuaries
B.S. Degree in Actuarial Science, Mathematics, Statistics, and/or related major
3+ years of experience of actuarial financial reporting and valuation experience
Working knowledge of U.S. Statutory Reporting
Cash flow testing experience
Independent worker, with good interpersonal skills and ability to interact professionally, collaboratively and effectively in a wide team environment
Experience working with actuarial and finance teams and documenting actuarial processes
Strong communication skills, both oral and written, including appropriate evidence of work process documentation, technical writing and presentation skills
Experience with Microsoft software products – Excel, Access and Word
Demonstrated creativity and initiative in finding solutions to issues, with commitment to improving work processes, and drive to grow own skills and abilities
Self-motivated, with a track level of superior performance, ability and willingness to perform at a high level, to embrace change, while working under pressure to meet concurrent deadlines and multiple shifting priorities
Basic understanding of accounting procedures and the general ledger
Long Term Care, Life, Annuity and Variable Annuity product, reinsurance, valuation and financial reporting knowledge, including VA CARM and C3 Phase 2 Risk Based Capital requirements
Prior involvement with state statutory examination processes
Experience with various actuarial modeling systems and their output

Associate Actuary Level Resume Examples & Samples

Contribute to development of strategic initiatives for the enterprise ALM team and the more broad hedging and ALM group
Interface with senior leadership on a regular basis, working to build consensus and provide strategic direction
Seek out synergistic opportunities across multiple frameworks and products
Develop, maintain, and produce enterprise level risk analytics in support of strategic initiatives
Oversee production responsibilities for overlay macro equity hedge program and provide strategic and tactical implementation support

Associate Actuary Resume Examples & Samples

Produce and analyze results used in quarterly financials and management reporting. Primary focus will be on GAAP Loss Recognition Testing for Pension Risk Transfer and Structured Settlement Annuity products; to determine if margin in reserves (ie. future profits) exist for each product, or if an “unlocking” is required (in the case of a reserve deficiency)
Assist in developing more robust analytics/attribution capabilities to validate results and explain period over period changes
Contribute to the long term goal of developing a fully integrated ALM model capable of accommodating multiple uses such as forecasting, inforce management, and performing ad-hoc sensitivities
Define business requirements for new models and model updates in support of new products and methodology changes. Partner with RAMP (Retirement Actuarial Modeling Platform) team and ESFS to implement model changes
Maintain up to date documentation and controls in accordance with model risk standards
Collaborate with other members of the Valuation Modeling Team, as well as Corporate Actuarial, Pricing, Global Portfolio Management, and Retirement Finance to keep abreast of new products or initiatives
Will have 1-2 direct reports
Self-motivated individual with strong analytical and interpersonal skills
Knowledge of Investments (mainly Fixed Income assets) is preferred
Bachelor’s degree is required
Management experience, a plus

Associate Actuary Resume Examples & Samples

Manages and maintains a segment of our Medicare reporting and metrics
Maintaining the team's main reporting tool that allows us to report cost and utilization metrics
Responsible for reporting of key metrics to senior leadership and influencing key strategies in this area for Humana
Knowledge of SAS or SQL coding strongly preferred for this role, along with proficiency in Excel

Senior Associate, Actuary Resume Examples & Samples

Perform pension valuations, including ERISA, FASB ASC 715, FASB ASC 960, cost and benefit design studies, non-discrimination testing, and benefit statements
Assess regulatory compliance
Assist in the coordination of projects and budgeting
Prepare reports for client presentations and complete/review required compliance tasks (government forms and non-discrimination testing)
Other projects include: performing analysis for cost and benefit design studies, plan terminations and pension de-risking projects
Collaborate with internal business partners across diverse disciplines to develop and implement effective solutions on behalf of our clients
Train and assist analysts to ensure the continued development of staff
Demonstrated Expertise (“DE”) in Defined Benefit (DB) plan (qualified and non-qualified) consulting, including performing ERISA and FASB actuarial valuations and participant benefit calculations, completing non-discrimination testing (incl. 410(b) Coverage Testing and 401(a)(4) Benefits Testing), and preparing IRS Form 5500 and PBGC compliance filings using Microsoft Office Excel with Visual Basic (VBA), Microsoft Access, and ProVal actuarial valuation software
DE in Defined Contribution (DC) plan consulting, including performing plan design analysis (DC costing and nondiscrimination projections) for 401(k), 403(b) and non-qualified DC plans, calculating annual employer match and profit sharing amounts, and completing non-discrimination testing (410(b) Coverage Testing, ADP/ACP Testing and 401(a)(4) Benefits Testing)
DE performing actuarial analysis -- quantitative analysis of financial and employee census data -- for DB and DC plans, including reviewing and interpreting plan document provisions
DE supporting development of benefits websites, including process mapping, and development of plan participant election processes with third party vendors

Associate Actuary Resume Examples & Samples

Wide range of financial reporting projects that support clients both domestically and internationally (e.g., valuation support, methodology reviews)
Financial modeling using actuarial software and other programs to support clients with forecasting/business planning, profit analysis, etc
Merger and acquisition projects supporting mainly potential buyers. Work may involve building appraisal models, due diligence and analyzing the impact of different risk management programs
Regulatory analysis and support projects including pro-forma financial projections and feasibility studies
Experience wtih statutory and GAAP financial reporting
Proficient speaking and writing in English
Comprehensive understanding of life insurance and annuity products
Strong technical and analytical skills, proficient wtih Excel; experience using actuarial modeling systems a plus
Ability to work on a project team; motivated to lead projects; flexible to adjust to changing deadlines

Associate Actuary Level Resume Examples & Samples

Responsible for developing quantitative/analytical models and applications in support of the firms risk management effort
Responsible for developing analytical methods and models that assess the market, actuarial and/or operational risk of new and existing financial products
Participate in research, design and implementation of new functionalities of the hedging/valuation platform and in the development of trading or hedging strategies
Consult with practitioners, academic community and other financial institutions in researching the development of risk management models for new and existing products
Responsible for developing various analytic models including sensitivity analyses, stress testing, value-at-risk, scenario testing, and Monte Carlo simulations
This position is a management level role and will require excellent communication between various stakeholders

Associate Actuary Resume Examples & Samples

Assisting in the preparation and analysis of monthly/quarterly annuity product reserves and explaining those results to management
Becoming a subject matter expert on all valuation bases (U.S. GAAP, Statutory, and Tax) related to Retail Annuity products. This would include exposure to both FAS60 and FAS97 U.S. GAAP valuation concepts
Monitoring industry committees that may influence future accounting policies or regulatory requirements
Managing future enhancements to the annuity reserving system, focusing on the current third party vendor system used today or perhaps evaluating other vendors to support future reserving needs
Participating in cross-Business Unit initiatives, including the Insurance Contracts project, focused on the impact to Retail Annuity reserves of the proposed targeted improvements to U.S. GAAP
Leadership of other team members. This role includes managing a small team of skilled professionals, directing their work, and aiding in their professional development
Bachelor’s or master’s degree in Actuarial Science or related field is required
A Fellow of the Society of Actuaries (FSA) with 6+ years of actuarial experience is required
Highly organized, innovative, problem-solver with excellent analytical and communication skills
Ability to initiate change while being diplomatic and a team player
Ability to direct the work of others and assist in their education and development
Direct experience with financial reporting is not required
Knowledge of pertinent laws, regulations, the Actuarial Standards of Practice promulgated by the Actuarial Standards Board, and the Code of Professional Conduct of the American Academy of Actuaries and the Society of Actuaries
Knowledge of spreadsheet and database or similar PC software packages, or ability to learn, is preferred

Associate Actuary Level Resume Examples & Samples

Position reports directly to Head of Life Actuarial
Assist in the review, analysis and explanation of Life consolidated earnings, including IFRS, Statutory and Market Value results
Consolidation and coordination of Life block results including development of dashboards
Review and analysis of experience studies and assistance in development of Life assumption changes
Coordinate methodology and assumption development across Life teams where needed
Coordination of major projects across Life product lines (e.g. Budget, Cash Flow Testing, sensitivities)
Provide assistance to Life product line teams (UL, Equity, Trad) as needed
Special project work as needed
Ability to work independently and as part of Life teams
Preference for candidate with life product background
Experience in pricing, valuation and modeling
Knowledge of IFRS, statutory and market value reporting preferred

Associate Actuary Resume Examples & Samples

Valuation
College Degree (BA / BS) required
Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred

Associate Actuary, Longevity Risk Transfer Resume Examples & Samples

Review client Request For Quotations(RFQ) documents alongside the transaction lead and ensure that the Business, Underwriting, Pricing and Administration teams interpret these documents correctly and consistently
Work with the Pricing team to independently replicate Pension and Annuity cash flows using the Best Estimate assumptions along with all reserving and capital scenarios in order to validate the liabilities used in our pricing models
Provide review of Term Sheets and draft/review legal document language relating to the benefits characteristics that underlie our premiums and fees
Support the Global Longevity Risk Transfer Business team on actuarial related questions and general transaction matters
Minimum 3 years of work experience in Retirement and/ or Insurance, preferably in an actuarial capacity
4+ Actuarial Exams desired
Demonstrate significant analytical skills
Strong communication skills and ability to articulate technical actuarial concepts
Proval knowledge desired
Strong Microsoft Excel and Powerpoint skills

Associate Actuary Resume Examples & Samples

Enhance and maintain valuation systems for individual life products
Validate the reserve result produced by the valuation systems and set up top-side adjustment for reserves due to the system limitations
Refine reserve calculation methodologies, evaluate reserve impact due to regulation requirement changes and implement those changes in the valuation systems
Perform GAAP analysis, document any system changes / issues, testing plans, results and have necessary controls in place for the integrity of the results generated by the systems
Associate of the Society of Actuaries (ASA), or near-ASA, with progression towards fellowship preferred
3 years of actuarial experience required, some valuation experience preferred
Exposure to PolySystems, LifeMaster or ULMaster valuation systems preferred

Senior Associate Actuary Resume Examples & Samples

Primary responsibility is performing the modeling for CFT, ALM analysis, Economic Capital and other ad-hoc projects under a variety of interest rate scenarios, assumptions and sensitivity tests
Modeling includes communication and documentation of results, validation of models, maintenance, testing and communicating modeling changes
Gain a thorough understanding of the MoneyGuard model and identify areas where modeling can be improved
5-7+ years of actuarial experience in Life Insurance with product knowledge and general insurance/business knowledge; knowledge of UL & LTC combo products is preferred but not required
Analytical skills: ability to think critically, identify and solve potential challenges
Excellent oral and written communication skills, adaptable to a wide variety of audiences throughout Lincoln’s organizational structure
Priority setting, time management and organizational skills
Programming/modeling skills, proficiency in MG-ALFA is preferred but not required #LICG1

Associate Actuary Resume Examples & Samples

Coordinate and organize the workflow for the state team. May be working with an analyst and assisting in training and leading that individual
Be the Valuation spokesperson for the state in regards to communication with the business unit
Support the month-end close process and ensure the accuracy of booked IBNR reserves
Prepare and coordinate month-end financial reporting
Produce seasonality statistics for the state to be used in the quarterly forecast
Provide support and analysis for internal and external audit requests, including the annual audit
Produce quarterly reporting, including statutory and GAAP information
Assist with actuarial opinion and actuarial memoranda work annual monthly reserving, reserve results reporting to state president and quarterly reporting

Associate Actuary Resume Examples & Samples

Provide actuarial and financial modelling consulting services to clients and colleagues
Model the probability distributions of the gross/ceded/net underwriting results of an insurance company client
Analyse how the distribution of results and relevant risk measures changes as a result of applications on various proposed reinsurance alternatives
Utilise cost/benefit analysis to advise brokers and clients “optimal” reinsurance programs based on risk tolerance level
Respond to client queries and concerns, resolving issues promptly
Document external correspondence and telephone conversations in accordance with Guy Carpenter procedures and Professional Standards
Providing technical training to clients and colleagues
Manage a small team of students
Bachelor’s degree in Actuarial Science or related quantitative field such as Mathematics or Statistics
1-3 years working experience in insurance or reinsurance
ACAS or similar qualification preferred
Proficient in English, both verbally and written
Excellent communications, presentations and project management skills
Strong ability to handle significant workflow through efficient time management
Strong ability to identify and solve potential problems in their specialty and develop creative solutions
Technical expertise in reinsurance experience (preferred)
Understanding of the product lines and the global, and regional industry conditions to identify significant considerations that insurers should address in designing their programs
Well-versed in office software

Mapd Regional Associate Actuary Resume Examples & Samples

Bachelor’s Degree
Associate of Society of Actuaries (ASA) designation
Experience in more than one discipline (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)

Associate Actuary, A&R In-force Management Resume Examples & Samples

Analyzing our major in-force product lines, looking for potential issues and opportunities to improve our financial performance
Researching issues and opportunities, and developing the reports and proposals to management which lead to actions that improve our financial performance
Building and maintaining strong relationships across the functional areas of Transamerica, e.g., with pricing, valuation, operations, and financial reporting. This is essential within IFM as we work with all functional areas for information and implementation of our approved proposals
Handling urgent requests from management for information and analyses on our block
Representing IFM on internal committees and projects as requested
Bachelor’s degree in relevant field, e.g., Actuarial Science, Mathematics, Statistics, Economics
Fellow, Society of Actuaries (FSA) or nearing achievement of FSA designation
At least five years of experience working within an insurance or consulting firm

Managing Associate Actuary Resume Examples & Samples

Train, Develop and Supervise 2-3 direct reports (Actuarial Students)
Lead analysts in the development of rate adequacy reviews for all lines of business and communicate the results to the business
Issue Actuarial Opinions related to pricing
Collaborate with Product Management in the selections of pricing levels for each state and line of business
Provide Actuarial support and opinions in support of rate filings
Together with the Regional Team, develop Annual Financial Plans and strategies to drive profitable growth
Lead in the development of Annual Loss Ratio Plans
Lead in the development of new or enhancements to actuarial methods
Lead analysts in special studies
Ensure compliance with all Actuarial Statements of Principles and Standards of Practice
Together with the other Actuarial Managers participate in the selection of new associates and management of the Actuarial Student program at American Modern
Work with the Predictive Modeling team on the development and implementation of new class plans
7+ Years experience in an actuarial capacity in Property Casualty Insurance
Bachelors degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis
Strong analytical abilities including understanding of advanced mathematics and statistical concepts
Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros

Associate Actuary Resume Examples & Samples

Help develop and support the Large Group strategy blueprint
Lead and complete ad hoc projects supporting enterprise pricing strategies and financial analysis
Provide leadership and support for recurring reports
Analyze and interpret financial results
Support Anthem Balanced Funding development and growth
Support the development of the new Large Group rating system
Better connect Large Group pricing with the forecast
Communicate with Large Group segment team, local Underwriting, Finance/Actuarial leadership and local Actuarial pricing teams
Mentor other analyst on the team

Associate Actuary Resume Examples & Samples

Perform GAAP valuation and reporting on VOBA and DAC for the Retirement business including assistance with the annual assumption reviews
Perform STAT valuation and reporting on separate account contracts with minimum guarantees (“Regulation 128” contracts)
Provide valuation and reporting support for annual cash flow testing and capital requirements across Retirement products
Lead and collaborate with various business partners on annual Actuarial Memorandum and statutory filings
Perform analysis and draft year-end Separate Account Memorandum
Define business requirements to model Regulation 128 contracts in a new platform as well as additional requirements to develop a more automated process. Collaborate closely with Model Governance & IT business partners to implement these enhanced models and processes
Collaborate with members across valuation, modeling, pricing and corporate teams to develop & enhance existing processes and analytics for GAAP and STAT valuation
Industry knowledge and 4+ year experience. Knowledge of Retirement products and asset/liability management is preferred
Experience with valuation reporting or actuarial modeling software is preferred
Strong quantitative and communication skills to quickly learn and apply modeling concepts and able to communicate to both actuarial and non-actuarial business partners
Self-motivated individual with strong analytical, problem solving, and interpersonal skills
Strong computer skills, including knowledge of Microsoft Excel, Access, PowerPoint & Word
ASA or near-ASA is preferred

Associate Actuary Resume Examples & Samples

Lead GAAP valuation, including preparing and presenting financial reports for Business Unit management
Lead Statutory valuation, including reserves (VACARVM) and capital (C3 Phase II)
Coordinate audit requests and requirements
Communicate impacts of actuarial assumption review to GAAP and Statutory balances
Oversee completion of industry and rating agency surveys
Successful management of team workload with respect to timing, quality and actuarial standards
Bachelor’s or master’s degree in Actuarial Science or related field required
A Fellow of the Society of Actuaries and 6+ actuarial experience required
Knowledge of pertinent laws, regulations, the Actuarial Standards of Practice promulgated by the Actuarial Standards Board, and the Code of Professional Conduct of the AAA and the SoA is required
Modeling experience in ALFA or similar software package preferred
Strong candidates will have the ability to communicate technical topics simply and effectively

Associate Actuary Resume Examples & Samples

Collaborates with other business members to identify and solve business problems
Recommends improvements to ratemaking processes, reserve methods, or other equivalent processes and procedures
Recommends, designs, and develops experience exhibits and analyses to interpret results, determine business strategies or solve business problems
Performs analysis that requires knowledge of advanced actuarial concepts/methods and/or advanced analytic approaches
Accountable for responding to insurance department inquiries and takes initiative to ensure compliance with various state and federal regulations
Develops leadership skills and provides coaching, mentoring and/or technical guidance to junior team members

Associate Actuary Resume Examples & Samples

4+ years of business/actuarial experience, Retirement products is a plus
Ability to lead a process and be accountable for its execution, timeline, and deliverables
Experience with Polysystems or similar Actuarial systems is preferred

Actuarial Associate / Actuary Resume Examples & Samples

Drive quality results and customer focus into everyday operations
Bachelor's degree and above in Actuarial Science, Mathematics, Economics or related fields
ACAS preferred
Five + years of experience in Commercial Property insurance actuarial analysis (Property and Casualty) and progressive experience in product development desired
Pricing in commercial property experience required
Ability to both work independently and within a team
Deep knowledge of market, industry, customer, and competitor trends
Strong computing skills desired, such as SAS, SQL, Access and Excel, VBA, R --- some experience with project oriented programming such as JAVA would be a plus

Associate Actuary Resume Examples & Samples

Knowledge of industry knowledge and experience, focusing on Retirement Products, valuation, pricing, asset/liability management and risk management work is preferred
Self-motivated individual with strong analytical, interpersonal, and communication skills. Ability to think outside the box to drive process improvements and effective model risk management process automation
Strong computer skills, including knowledge of Microsoft Excel, Access, Word, Visual Basic and SQL required
Bachelor’s degree is required; MS in Mathematics, Computer Science or related field preferred

Associate Actuary Resume Examples & Samples

Conduct experience studies for non-mortality assumptions across all Retirement products
Partner with Finance and the Business Unit in the development of unit costs for use in pricing and valuation
Recommend assumptions (excluding mortality) for use in Statutory and GAAP valuations, AAT, and pricing for all Retirement products
Establish assumptions for new product development
Guide assumption recommendations through the governance and approval process including presentation to senior management
Ensure that experience studies, assumption documentation and approvals are conducted in compliance with Company policies and standards
Participate in enterprise-wide assumption groups in order to share and develop best practices
Assist in the ongoing development and production of a risk analytics package that can be used by senior management to make informed risk management decisions
ASA or near-ASA preferred
Assumption setting and experience studies background a plus
Experience with retirement products (or similar)
Excellent communication, presentation skills and documentation skills
Strong computer skills, including knowledge of Microsoft Excel, PowerPoint and Word
Highly motivated and creative problem solver with strong quantitative and analytical skills
Detail oriented with a focus on accuracy of results
Work independently and also have strong interpersonal skills and ability to work collaboratively with business partners

Associate Actuary Resume Examples & Samples

2 years of experience performing clinical data analytics
Prior experience in a healthcare/insurance environment
Prior experience working with SQL, PL/SQL,and/or SAS
Knowledge of statistical methods and tools
Expertise in data mining, forecasting, simulation, and/or predictive modeling

Associate Actuary of Innovation Resume Examples & Samples

Participate in the development of innovation/digital strategy for the organization
Contribute to the development of products having market potential which will produce future revenue streams, client solutions or services
Work with unique and unorthodox information and data sources to extrapolate meaningful actuarial assessments
Utilize sound actuarial principles in the pricing of or evaluation of potential profitability of new products
Participate in the development and presentation of business cases and recommendations to the Executive Management Board
Understand and assess business issues, problems, risks, and challenges by working with the business units and external partners
Develop creative solutions to real world business problems
Ensure proper data collection on new products for future analysis
Proactively establish and maintain cooperative, productive partnerships on innovation projects/services with other AMIG Actuaries and business unit leaders, Innovation teams across the Munich Re Group, and external partners/start-ups
Issue Actuarial Opinions related to pricing of new products
Maintain an expert level of actuarial technical skills and compliance with AAA or CAS continuing education requirements
ACAS
Membership in the American Academy of Actuaries (MAAA)
6+ Years experience in an actuarial capacity in Property Casualty Insurance
New Product development experience
Demonstrated ability to think logically and perform analysis in a timely manner
Demonstrated superior level of written and oral communication skills
Demonstrated ability to interact effectively with areas of the company outside Actuarial
Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic

Associate Actuary Resume Examples & Samples

Merger and acquisition projects; Determining the impact of various risk management programs with respect to M&A transactions
Development of new products for financial services companies
Risk-based capital impact analysis
Evaluating the appropriateness of modifying product features in reducing a company's risk exposure
Developing economic capital models under various frameworks
ASA Designation from the Society of Actuaries and actively pursuing the FSA designation
Proficiency in developing stochastic models using Excel, VBA, C++, Matlab and/or other programming languages
Insurance product modeling experience; MG-ALFA experience would be an asset
Risk management experience
Ability to work independently and in team environment
Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines
Creative problem solver
Prior consulting experience is a plus, but not necessary

Associate Actuary Resume Examples & Samples

Design, price, and implement life insurance products balancing profitability, marketability and risk
Develop assumptions appropriate for the marketplace
Monitor industry trends including future of transactional underwriting and predictive analytics
Review emerging experience and adjust assumptions and pricing as necessary
Work closely with Product Marketing and provide technical support to the IT, Reinsurance, Finance, Underwriting and Compliance areas

Associate Actuary Resume Examples & Samples

Perform or assist with: experience study analysis, protective value evaluation, underwriting program actuarial evaluation, risk analysis, and develop actuarial assumptions
Assist in the evaluation of existing and proposed actuarial assumptions, reviewing and/or developing appropriate sensitivity tests, key assumption scenarios, providing meaningful interpretation of the analyses to department management and other key stakeholders
Assist in the periodic review of pricing results, analyzing the overall block of business and specific transactions as necessary to provide a meaningful interpretation of results to department management
Contribute to the development and continuous improvement of framework, standards, and processes to enable these activities
Maintain appropriate documentation and perform peer reviews as needed
Coordinate the activities of others in the team and/or other departments to ensure appropriate analyses, key deliverables, and related, necessary actions are completed in a timely manner, as determined by project and business needs
Foster positive relationships, collaborate, and communicate professionally with key stakeholders and business partners, including senior executives
Participate in special projects, committees, meetings, and presentations with internal or external audiences as needed
Bachelor’s degree in Actuarial Sciences, Economics, Finance, Math, Statistics or related field
FSA accreditation
6+ years of actuarial experience in life insurance and/or reinsurance
Advanced actuarial technical skills
Demonstrated knowledge of life insurance products and pricing methods
Demonstrated understanding of reinsurance concepts and methods
Highly advanced PC skills, including spreadsheet, database, and actuarial projection tools (e.g., AXIS, TAS, MoSes, Prophet)
Advanced ability to model various insurance products and complex reinsurance structure
Ability to challenge and enhance analytical capabilities
Understanding of experience studies, data analysis, protective value
Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well receive
Advanced investigative, analytical and creative problem solving skills
Advanced ability to translate business needs and problems into viable/accepted solutions
Advanced interpersonal skills, demonstrating the ability to work effectively with different teams and disciplines across the organization
Ability to multi-task and meet tight deadlines
Demonstrated flexibility and adaptability within a fluid environment
Ability to work independently and to work well within a team environment, balancing detail and individual tasks with team objectives and projects

Associate Actuary Resume Examples & Samples

Application of actuarial techniques to insurance and reinsurance with limited supervision
Develop, maintain, and run programs used in experience analyses of various product parameters for insurance products
Gather data and assumption inputs; develop, maintain, and run projection models; and report output in the preparation of projections of future product performance for use in various corporate analyses
Develop, maintain, and run reserving models in preparation of quarterly and annual financial Statutory and GAAP statement reporting information
Provide analysis of results for insurance and reinsurance business
Prepare actuarial elements of Annual
Bachelor degree in Mathematics, Statistics, Actuarial Science or related field
Minimum two (2) years experience in related field. Minimum of three (3) actuarial exams passed
Knowledge of various aspects of the GGY AXIS modeling software and processes
Experience with MCCSR/TAAM calculations and associated reporting
Familiarity with Canadian regulatory valuation requirements for quarterly and annual reporting to OSFI
Three (3) or more years life or health insurance experience.ASA designation desired. Familiarity with GAAP, Statutory and Tax reserving
Working knowledge of valuation/projection software and processes
Demonstrated ability to work efficiently and accurately with large data sets
Familiarity with preparation of insurance annual statement exhibits and filings
Ability to effectively and concisely communicate written, visual and verbal messages
Ability to translate technical information to a non-technical audience. Attention to detail. Ability to complete actuarial processes accurately using fact-based analysis

Associate Actuary Resume Examples & Samples

Support in-force management initiatives related to Long Term Care insurance blocks that improve policyholder alternatives and meet regulatory requirements while maintaining/enhancing the company's profitability and risk management objectives
Develop, enhance and maintain projection models used for in-force analytics
Develop tools and processes to aid in further understanding the impacts of policyholder behavior
Draw insights from analysis and make recommendations to senior management regarding implications of findings and proposed actions
Support the development of policyholder options that can help mitigate the impact of rate actions for policyholders and improve the efficacy of rate actions for Genworth
Support other LTC In-Force Solutions and Analytics goals, objectives and work streams
Support ad hoc requests for analysis / actuarial assistance on LTC issues
BA/BS Degree in Mathematics/Statistics/Science, Actuarial Science, Business/Finance, Engineering or related major involving significant technical/analytical coursework
ASA certification
Ability to meet project deadlines and manage multiple priorities
Basic programming skills and experience in Microsoft applications of Excel, VBA, Access, Word and Powerpoint
Demonstrated ability to perform thorough research, understanding inputs, sources of data, downstream impacts both within and outside of areas of direct control / responsibility
Proven at developing thorough documentation that is self-explanatory and of the highest standards
Ability to interact professionally and effectively in a team environment
Self-driven, motivated and shows ownership in tasks
Either prior experience at Genworth or prior LTC insurance experience
Experience with AXIS
Programming skills in SAS, SQL

Associate Actuary Resume Examples & Samples

Responsible for major department initiatives involving Legacy requests
Prepare job documentation, analyze data, and assist in the implementation of financial transactions
Supports the quarterly and annual valuation process on a needed basis
Performs actuarial research, experience studies and statistical analyses and calculations

Associate Actuary Resume Examples & Samples

Support long term goal of a fully automated valuation system capable of satisfying growing demands for faster and more complex analysis
Design and build prototype reporting solution and analytics to support valuation and reporting for the longevity reinsurance business
Collaborate with business group actuaries (Modeling, Financial Reporting, Pricing, and Corporate Actuarial) and business partners (IT, Finance, and Governance) to create detailed business requirements for valuation data warehouse and reporting facilities
Research, evaluate and recommend a long term Business Intelligence solution to integrate with the end-to-end valuation process, enabling timely, agile, intuitive and insightful analyses
Enhance and streamline existing analytics tools to support the analysis of Asset Adequacy Testing, Risk-Based Capital C3 Phase 1, Loss Recognition Testing, various capital frameworks (RAC, SRC) and stress testing
Degree in Actuarial Science, Mathematics, Finance, Computer Science or other quantitative related field is preferred
Applicable 4 plus years of actuarial experience is required
Knowledge of Retirement products, pricing, and asset/liability management is preferred
Highly motivated, conceptual thinker who is able to work effectively on a wide variety of assignments
Ability to quickly learn and apply quantitative modeling concepts, and effectively communicate findings to both actuarial and non-actuarial business partners
Experience in working with large scale database/data warehouse solutions. Strong proficiency in SQL Server or Oracle is highly desired
Experience with data mining and analytics is preferred
Experience with business intelligence and data visualization tools such as Tableau, Qlik, Oracle, Power BI is a plus

Senior Associate Actuary Resume Examples & Samples

Designs and provides oversight on actuarial projects
Develops actuarial models for pricing, trend analyses, etc
Conducts actuarial studies and develops recommended actions
Provides actuarial certification to support regulatory filings
Participates in the design and implementation of new products
Provides training and direction to actuarial analysts
Provides actuarial expertise to various departments within the organization
Performs other duties as assigned to accomplish departmental goals and objectives
Bachelor’s degree in Mathematics, Statistics, or related field
Associate in the Society of Actuaries (ASA)
Member of the American Academy of Actuaries (MAAA)
Four years of relevant health plan or health insurance actuarial experience or equivalent education or experience
Excellent oral and written communications skills
Strong computer skills including Microsoft Excel, Lotus or comparable applications
Ability to identify and organize key information for effective presentation of complex issues to a non-technical audience
Ability to interact effectively with other departments
Two and a half years of relevant health plan or health insurance actuarial experience; or equivalent education or experience
Strong computer skills including Microsoft Excel and Access
Ability to identify and organize key information for effective presentation of issues to a non-technical audience

100

Associate Actuary Resume Examples & Samples

Researches, develops, maintains, and/or reviews actuarial assumptions, methods and models. Provides internal guidance and documentation
Performs detailed Statutory, Tax, and GAAP valuation work for assigned business, ensures these items are appropriately documented and posted, and assists with identifying changing requirements and adapting to maintain compliance
Develops unbiased projections for financial planning and analysis and assists with communication of financial analytics and results in terms of major drivers of variance
Serves as a liaison with other valuation, pricing, administration, systems, accounting, audit, and finance associates
Provides oversight and direction to junior actuarial/financial associates in the department. If assigned performs supervisory duties including, but not limited to, hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development
Provides ongoing support to RGA’s actuarial software conversion project
Performs valuation work and ad-hoc department projects as needed and called upon
Maintains regular and predictable attendance
Bachelor’s degree in Math, Finance, Actuarial Sciences, Statistics or related field
FSA accreditation with 6+ years of actuarial experience in life insurance/reinsurance
Or ASA accreditation with 10+ years of actuarial experience in life insurance/reinsurance
Advanced PC and technical skills, including database applications (Access, Oracle, SQL

101

Associate Actuary Resume Examples & Samples

Help drive the integration of the Consolidated Reporting Process into the Liability Data Warehouse Infrastructure by developing understanding of process flows, business needs, and technical requirements
Shape the design of prototype reporting solutions and analytics to support valuation and reporting for the longevity reinsurance business
Collaborate with business group actuaries (Modeling, Financial Reporting, Pricing, and Corporate Actuarial) and business partners (IT, Finance, and Governance) to create detailed business requirements for valuation data warehouse, source of earnings analysis, and reporting facilities
Generate process maps/flows in support of business requirement documents
Research, evaluate and recommend a long-term Business Intelligence solution to integrate with the end-to-end valuation process, enabling timely, agile, intuitive and insightful analyses
Be an active participant in Prudential’s actuarial community
Highly motivated, innovative, and creative problem solver and conceptual thinker
Superior technical skills and ability to understand complex quantitative concepts and models, and effectively communicate findings to both actuarial and non-actuarial business partners

102

Associate Actuary Resume Examples & Samples

Degree in Mathematics, Actuarial Science, or related discipline
Recent FSA or Career ASA with 5+ years of Life Insurance experience
Detail oriented with strong analytical and problem solving skills
Strong computer skills – Excel, Access, Word, PowerPoint

103

Valuation & Projection Services Associate Actuary Resume Examples & Samples

7+ years of actuarial experience
Bachelor’s degree required – preferably in related field of study such as actuarial science, math/applied math, statistics/applied statistics, economics
Proven management experience required
Provide written and oral communication of highly specialized terms and data and can present to others
Good strategic and analytic skills
Intermediate life company reserve and DAC valuation and reporting knowledge
Intermediate knowledge of modeling projection systems
Intermediate insurance industry knowledge
Intermediate to Advanced computer proficiency in Microsoft
Good written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels
High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner
Developing decision making skills
Possesses intermediate working knowledge of policies and procedures in management or other technical fields

104

Associate Actuary, Valuation, Life Resume Examples & Samples

Performing the Universal Life valuation monthly and quarterly closes, including production of analytics and consolidation
Creating deliverables for annual statements, SOX testing and audit requests
Development, testing, and implementation of the valuation models, including those changes related to changes in reserving requirements
Evaluating current processes including model input and output procedures to recommend improvements in efficiency or effectiveness
Supporting corporate and controllership initiatives
BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or related major
3+ Years of experience in the actuarial field
Experience with Actuarial valuation/projection systems (i.e. AXIS, PolySystems, ALFA)
Understanding of GAAP, Statutory and Tax financial reporting requirements
Experience in building Actuarial models and analytics
Ability to manage concurrent deadlines and multiple priorities
Progress towards Fellowship of the Society of Actuaries
Experience in Life valuation, pricing or projections

105

Associate Actuary Resume Examples & Samples

Build an in-depth knowledge of the models used in reserving for and hedging the variable annuity business
Evaluate and diagnose metrics related to risk, hedging and financial reporting
Support the corporate risk ALM function with respect to Voya’s variable annuity business
Model oversight of change management, user acceptance testing, assumption review and support of modeling initiatives
Hedge representation within metrics
ALM and risk metric movement analysis, market impacts, trend analysis
Forecast of metric results and explanations against forecasts
Presentation of results to management within the variable annuity and risk areas
Responding to auditors questions on our models, hedge representation and risk metrics
Adherence to actuarial controls and maintenance of process and control documentation
A self-starter with the ability to work effectively individually as well as collaboratively with colleagues both internal and external to Voya
Understanding of risk management methods such as hedges and reinsurance
Knowledge of Statutory and GAAP reporting
A bachelor’s degree or advanced degree in a quantitative field
Membership in the Society of Actuaries (ASA or FSA)
4+ years in a financial or actuarial field
Preferred with 2+ years in variable annuity modeling, valuation or risk management. Alternatively, a broader actuarial background with modeling and/or financial reporting experience and knowledge of VA guarantees
Experience with asset modeling is a plus
Understanding of hedge impacts on financial metrics is a plus
SQL Database and VA modeling experience is a plus
Excellent communication skills, both written and oral. The ability to clearly present complex concepts to both technical and non-technical audiences

106

Associate Actuary Resume Examples & Samples

Strong valuation and reporting background required. (GAAP, Statutory, and Tax)
General actuarial competency related to pricing, ALM and ERM
Life and A&H product and risk knowledge and related experience
Highly motivated and results-oriented
Strong analytical problem solving ability
Desire to deliver a complete work product
Strong interpersonal, negotiating, and communication skills
Highly organized with a drive for transparency and efficiency
Ability to communicate effectively with regulators and other external parties
Aptitude to handle multiple projects simultaneously & successfully
Must be a creative thinker

107

Associate Actuary, Pension Risk Transfer Resume Examples & Samples

Financial modeling and pricing execution for PRT transactions
Develop and enhance actuarial models used for cash flow production,
Statutory and GAAP reserves, and policyholder behavior
Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User
College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred
Investment or ALM experience strongly preferred
Creative problem-solver, particularly in areas with very little clarity or precedence
ASA preferred
Three plus years of actuarial experience

108

Associate Actuary Resume Examples & Samples

Bachelor’s degree in Mathematics, Actuarial Science, Finance, or related business discipline
Newly credentialed ASA to FSA
3 to 6+ years of actuarial experience, with a solid base understanding of insurance products (knowledge of Group or Voluntary products is a plus)
Able to manage multiple priorities and deliverables in a fast paced environment
Effective oral and written communicator with the ability to convey technical topics to multiple audiences (both actuarial and non-actuarial)
Excellent computer skills, with an emphasis on Excel, Access, and/or Visual Basic
Must be detail oriented, possess good problem solving skills, have a positive attitude, and be able to work effectively in a team environment
Work out of the West Chester, PA office

109

Senior Associate Actuary Resume Examples & Samples

Provides subject matter expertise to applicable internal/external stakeholders
Maintains knowledge on current and emerging developments/trends for assigned area(s) or responsibility, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future solutions
5-7+ years of Life Actuarial Experience including financial products and analysis that directly aligns with the specific responsibilities for this position
Sound understanding and knowledge of Statutory Accounting Principles (STAT), Generally Accepted Accounting Principles (GAAP), and Internal Revenue Service (IRS) regulations
Proficiency with actuarial pricing software such as MG-ALFA

110

Associate Actuary Resume Examples & Samples

Evaluate loss and lae reserves for various P&C lines of insurance and coverages
Prepare data for Statutory and GAAP financial statements as well as internal financial reporting, analysis and forecasting
Continue to develop advanced actuarial knowledge in order to implement or revise methodology as appropriate
Conduct performance and assumption testing of actuarial methods to assure appropriateness of reserve levels

111

Associate Actuary & Risk Analyst Resume Examples & Samples

Excellent technical and communication skills
Taking pride in accomplishments both individually and as a team, maintaining an environment that fosters consistent delivery of a superior work product
Accountable and results-oriented
Leadership potential
BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major
Associate of the Society of Actuaries
3+ years of actuarial work experience, life insurance pricing experience preferred
Strong spreadsheet skills. Programming skills in R, SAS, Python, etc. would be a plus

112

Associate Actuary Resume Examples & Samples

Analytical & inquisitive, striving to continuously learn and grown individually as a professional as well as identify and act upon opportunities to improve processes and work product
Hard working and proactive
3+ years of actuarial work experience, with pricing experience preferred
Experience with annuity products
Strong spreadsheet and technical skills
Experience with pricing/projection software (MG-ALFA preferred)

113

Associate Actuary Resume Examples & Samples

On specific data and analytic projects takes responsibility for, and in many cases executes, the following activities to ensure that
FSA and 5+ years experience in experience analysis, research, pricing, valuation, product design, financial reporting
Advanced PC and technical skills
Advanced oral and written communication skills demonstrating ability to share and impart knowledge
Advanced investigative, analytical and problem solving skills
Expert ability to balance detail with departmental goals/objectives
Advanced skills in customer relationship management and change management
Ability to manage multiple projects or teams and set applicable goals
Advanced negotiating and persuasion skills
Advanced ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines
General business knowledge
Advanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including Pricing, Underwriting, Medical, Operations, Sales, New Initiatives, and IT
Advanced project management skills. Demonstrates an ability to evaluate project objectives and scope for feasibility and understanding
Advanced knowledge of actuarial mathematics and experience analysis concepts and techniques
Ability to compile, analyze, refine, and interpret large amounts of data

114

Associate Actuary Resume Examples & Samples

Compile statistical data and other pertinent information for further analysis
Estimate the probability and likely economic cost of an event such as death, sickness, an accident, or a natural disaster
Design, test, and administer insurance policies, investments, pension plans, and other business strategies to minimize risk and maximize profitability
Produce charts, tables, and reports that explain their calculations and proposals
Explain their findings and proposals to company executives, government officials, shareholders, and clients
PDF code assistance
Values Testing Assistance for new products
Day to day actuarial queue work as needed
Month-end, Quarter-end, Year-end tasks as needed
Bachelors Degree with major in math or business
Strong understanding of insurance products
An aptitude learn and understand new systems
Ability to solve problems and work well as part of team
Strong Analytical skills to identify patterns and trends in complex sets of data to determine the factors that have an effect on events
Communication skills with complex technical matters and be able to communicate clearly through reports and memos and recommendations
Computer efficient with programming languages and be able to use and develop spreadsheets, databases, and statistical analysis tools
Interpersonal skills to be able to listen to other people’s opinions and suggestions before reaching a conclusions
Strong Math skills to quantify risk by using the principles of calculus, statistics, and probability
Problem-solving skills and ability to help develop ways to manage risks

115

Associate Actuary Resume Examples & Samples

Individual large account pricing referral review
Building, enhancing and maintaining pricing models
Profitability monitoring
Assist with the development of new products and due diligence on new business opportunities

116

Associate Actuary Resume Examples & Samples

Performing modeling and analysis in quarterly actuarial valuation and forecasting processes, for US statutory, tax, and PICA stand-alone GAAP
Participating in documentation efforts, as part of the Model Affirmation and Model Review exercise
Managing the team’s Model Audit Rule (MAR) control set implementation, including communication with PII Risk Management
Associate of the Society of Actuaries (ASA), Certified Enterprise Risk Analyst (CERA), or near-ASA
Valuation and modeling ability
Strong skills with Microsoft Office Excel and VBA. Access DB a plus
Ability to interpret and explain actuarial modeling results, and communicate analyses to other actuaries and financial professionals
Strong interpersonal and communication skills, including the ability to communicate effectively with associates in local PII operations

117

Associate Actuary Resume Examples & Samples

Candidate should be detail oriented, organized and be able to effectively work in a team environment
Effective oral and written communicator with the ability to convey ideas to multiple audiences (both actuarial and non-actuarial)
Be able to manage multiple priorities and deliverables in a fast paced environment
Take ownership of the processes that the individual is responsible for
Proficiency with Microsoft programs with experience in visual basic coding
Fellow of Society of Actuaries or near Fellow or equivalent
5+ years of actuarial experience. Experience with Individual Life products and/or financial reporting is a plus

118

Associate Actuary Resume Examples & Samples

Analyzes and reviews asset-liability cash flow projections of annuity products, including quarterly trend analysis, then communicates results to more senior actuaries
Communicates information related to risk position, especially as it relates to the modeling of fixed, indexed and variable annuity products using the Prophet actuarial modeling system
Assists in the implementation and verification of new products, assumptions and methodology in Prophet actuarial models
Builds relationships with Product Development, Valuation, Planning and Finance areas
Manages one associate and provides guidance and assistance to lower level positions
Performs actuarial tasks which are of a mathematical and quantitative nature
Recent or near FSA
Experience with Prophet or similar actuarial software is preferred
Superior communication and problem solving skills are essential
Sponsorship assistance is not available for this position

119

Associate Actuary Resume Examples & Samples

Works with management to develop data analytic reports, research, presentations and reporting tools from RGA database
Participates as active and contributing member of healthcare quota share reinsurance pricing and product development team, including client visits, client underwriting audits and new business due diligence meetings
Develops and presents actuarial analysis and findings to clients, and responds to client requests for additional analysis
Develops and maintains value-added services and tools, including rate manual comparisons
Supports and reviews financial planning, management reporting, valuation, and other internal needs
6+ years of actuarial experience, including 4+ years in healthcare insurance, healthcare consulting, or healthcare reinsurance
Advanced PC and technical skills, including database applications (Access, SQL/Query, DB2 or equivalent technology) and spreadsheets
Advanced interpersonal skills, demonstrating the ability to work collaboratively with different disciplines, including pricing, finance, accounting, systems, and administration
Ability to balance detail with departmental goals/objectives
Advanced oral and written communication skills, demonstrating the ability to convey actuarial concepts and business terminology that is meaningful and well received by all stakeholders, including customers and associates
Competent project management skills. Demonstrates an ability to evaluate project

120

Associate Actuary Resume Examples & Samples

Key contributor in the monthly/quarterly/annual Annuities GAAP/AOI reporting and analysis
Present results to Annuities senior leaders
Work closely with Annuities Finance and Corporate Actuarial for all GAAP/AOI related deliverables
Work closely with Actuarial Modeling team and IT area to ensure timely model production runs are performed
Key contributor in the model conversion process (home grown system to GGY Axis) as well as help implement Day2 items in GGY Axis
Address requests from various corporate functions – Internal Audit, Risk Management, Treasurer, Portfolio Management, Capital Markets Hedging, etc
Support pricing/development of new products
Must have ASA or be near an ASA designation
Must have at least 4 years of experience in the life insurance industry
Must have some experience in annuities
Must be well organized
Ability to co-lead multiple projects and resolve conflicting priorities
Ability to communicate actuarial results to senior management

121

Associate Actuary Resume Examples & Samples

Oversee the building and execution of pricing and profitability analysis for existing and proposed new products
Develop more comprehensive knowledge of all deployed pricing software systems and provide consultation and clarification on actuarial models and risk issues
Research and review analytical tools for accuracy
Defend recommendations concerning assumption setting
Works under moderate supervision and may have supervisory responsibilities to provide work guidance and coordinate teams since project management duties may encompass dotted line reporting from junior staff
Coordinates, prepares and performs actuarial analyses to be used in preparing actuarial response and communication of results of actuarial research to business unit management
Diligently explore for efficiencies including internal unit cross-training to ensure coverage
Pursue actuarial exam progress, if applicable

122

Associate Actuary Resume Examples & Samples

Development of new products (idea generation, design, pricing, approval and launch stages)
Assist in the preparation of the product development plan, tactics and strategy
Assist in new distribution channel development and compensation design
Perform actuarial studies and new business analysis
Conduct studies/programs to improve profitability
Contribute in setting business rules and conditions related to life insurance products
Train, coach and review work of junior actuarial staff
Other responsibilities that may be assigned from time to time
Passed at least 4 exams/courses of a recognized actuarial organization, SOA preferred. Candidates who have completed the preliminary exams and are working on their FAP modules / assessments are also preferred
At least 5 years experience working in an actuarial department of a life insurance company. Pricing and product development experience is highly preferred. Candidate must possess both strong technical pricing skills, as well as project management of various ongoing product projects to ensure products are delivered by the cross-functional product implementation team according to the product launch calendar

123

Senior Associate Actuary Resume Examples & Samples

Pricing Model Owner responsible for the development, analysis and coding of new modeling techniques and methods
Assist with the pricing and modeling of both existing and innovative annuity products and riders
Build and maintain relationships with colleagues in Risk Management, Valuation, Planning, Finance, Sales and Marketing, IT and Legal
Coordinate model development with updates to the Prophet system and with other areas’ projection models as appropriate
Evaluate pricing features and analyze profitability under multiple reporting frameworks, including Stat and GAAP accounting
Primarily communicate model and pricing analysis to more senior actuaries
Provide guidance and assistance to lower level positions
Applicants should have a minimum of 4 years of related experience with deferred annuity products
Requires strong analytical and computer skills, including strong Microsoft Excel background

124

Associate Actuary Resume Examples & Samples

Knowledge of traditional actuarial ratemaking and loss reserving techniques, methodologies and standards of practice
Knowledge of the data requirements of actuarial reserving and statistical techniques used in the department
Able to analyze and interpret complex regulations and explain them to senior management
Work independently without close supervision
Make clear and effective written and oral presentations to customers and company executives and project managers
Work on multiple projects simultaneously, anticipate necessary effort and difficulty and adhere to mutually agreed upon schedules
Must be able to achieve the cooperation of others with little management intervention
Member of the American Academy of Actuaries
Understanding of computer and internet technology necessary to perform duties
Knowledge of statistical techniques including sampling theory, regression, confidence intervals, monte-carlo simulations and stochastic modeling
Knowledge of the financial services industry participants and practices
Bachelor’s degree in mathematics, actuarial science, economics, or a related field
Ability to plan, organize, and complete detailed work independently or in a team environment. Exceptional analytical, financial analysis, communication, and problem-solving skills

125

Associate Actuary Resume Examples & Samples

Enterprise thinking – comfortable working across team lines and able to balance competing demands on time
Managing Risk – proactively taking opportunities to capture opportunities and avoid risks
Comfort with Ambiguity – can conceptualize ambiguous and complex issues

126

Associate Actuary Resume Examples & Samples

Review, manage and assist in the preparation of recurring defined benefit and OPEB plan actuarial valuation and compliance work including
Actuarial funding valuations
Accounting valuations
Government forms
Work with consulting actuaries in the preparation and presentation of materials to clients
Provide analysis and assistance on special projects
Assist in management of client teams and project workflow
Assist in training and mentoring analysts
Work with practice leadership to analyze team capacity and improve work efficiency
Observe Milliman formal review policy

127

Associate Actuary Resume Examples & Samples

Review and analyze processes, documentation and data to identify any gaps in the effectiveness of Humana’s governance, risk, and control environment
Provide proactive consulting and facilitation on risk, control, and governance processes for those areas under review
Execute audit engagement plans and perform all steps related to audits and special projects
Provide assurance around the effectiveness and efficiency of various Humana actuarial processes. You will interact with leaders in many different areas and at many different levels across the actuarial community
Develop and maintain key working relationships across Humana’s actuarial community. Facilitate risk assessment discussions regarding strategic, financial, operational, and compliance components as part of the CEO’s enterprise risk management initiative
Work with leadership to identify new and emerging risks and then plan internally to monitor and control those risks. Coordinate closely with an audit manager tasked with execution of specific audit engagements designed to test risk and control practices
In conjunction with the Office of the Chief Actuary, learn consulting and auditing concepts to take back into and incorporate within the actuarial community at Humana
Meets requirements for Humana’s Actuarial Professional Development Program (APDP)
Successful track record in facilitating and consulting across teams and managing projects
Likes to focus on the “big picture” and thrives in a fast paced, multi-project work environment
Able to translate Actuarial terminology in their discipline to non-actuaries
Analyze and understand a variety of actuarial models
Analyze results and develop reports and recommendations
Prior experience with data analysis, querying and reporting experience
Proficient knowledge with typical actuarial analytical tools [e.g., Microsoft Excel, Visual Basic, and some database application (e.g., Access, SQL or SAS)

128

Associate Actuary Resume Examples & Samples

Supporting consultants to provide expert, timely, efficient and professional delivery of services to their clients
Taking responsibility for the production (quality, timeliness and budget) of work for allocated clients. This includes undertaking and checking complex technical calculations (as appropriate to competence and experience) and drafting reports and advice papers
Playing an active part in service delivery as part of the client team and involve others in identifying service improvements where appropriate
Performing data preparation, analysing results to provide meaningful insight, preparing reports and summaries and subsequent explanation of results
Building strong relationships externally with their clients and internally with your colleagues
Attending client conference calls and meetings
Taking responsibility to keep up to date with changes in the general insurance environment and the company’s propositions
Taking part in setting fees where appropriate, assisting the Project Leader
Ensuring appropriate legislative, regulatory, business and professional standards are followed
Progressing through your professional qualifications and being responsible for own development
Strong technical, analytical and actuarial skills
Organisational skills with attention to detail and ability to meet deadlines
Ability to analyse data, combined with problem solving skills
Excellent interpersonal and written communication skills, including the ability to explain complex issues to a non-technical audience
Computer literate, including advanced knowledge of Microsoft Word, Excel, Access Database, Visual Basic, Outlook
Knowledge of other actuarial software packages, such as ResQ, @Risk and ReMetrica would be an advantage

129

Associate Actuary Resume Examples & Samples

Perform independent validation of various analytical models across AIG. Validation includes the assessment of model conceptual soundness, proper application of mathematical/statistical theories, evaluation of data and assumptions, testing model computational accuracy, and performing outcomes analysis (such as back-testing and benchmarking)
Write validation reports and communicate validation findings to business units and management
Develop relationships with business units and their respective modeling teams by understanding their business processes, respective portfolios, and quantitative modeling environment
Support the implementation of AIG’s model governance program by tracking progress of model documentation, implementation, validation, and resolution of model issues
Advanced degree in statistics, mathematics or other quantitative fields
3-5 years of experience within the financial industry, preferably in insurance passing relevant actuarial examinations
Proven track record of strong technical model development using diverse statistical techniques and actuarial methods
Demonstrated project management capabilities
Demonstrated ability to deal with multiple issues simultaneously and to handle ambiguity
Competency programming in languages such as SAS, R, VBA, MATLAB, SQL

130

Associate Actuary Resume Examples & Samples

33-7+ years of actuarial experience
Prefer product development experience, including product design, pricing, addressing legal/compliance/system issues, product specifications, review of contracts and marketing material, state filing, and product implementation
Ideal candidate has universal life experience, although individuals with strong technical experience and a willingness to learn will be considered

131

Associate Actuary Resume Examples & Samples

Bachelor’s degree in Mathematics, Actuarial Science, Statistics, Financial Engineering or directly related field
Minimum one year of experience as actuarial analyst or assistant working with employee benefits and its products
Must have one year of experience working with Cash Flow Testing; Economic Capital; and Risk Management
Must have comprehensive understanding of employee benefits’ products and applications of risk management. Experience working with Prophet; VBA; SQL programming; and MS Office including advanced Excel and Access

132

Senior Associate Actuary Resume Examples & Samples

5-7 years of experience in with financial products that directly aligns with the specific responsibilities for this position with a track record of growing responsibilities, preferably involving life insurance product design, valuation, and/or management
Sound knowledge of the life insurance illustration requirements
Strong understanding and knowledge of Taxation, Statutory Results, Generally Accepted Accounting Principles (GAAP), and compliance & regulatory requirements of other financial statutes, particularly those related to the filing of life insurance products
Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations
Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures

133

Associate Actuary Resume Examples & Samples

Create, evaluate, test and support statistical, actuarial and data model designs for root cause analyses that can be used to increase business intelligence and domain expertise
Conduct root cause analyses, using your results to create recommendations for Medicare Part D pricing
Develop a library of metrics, methods, reports, results and recommendations
Work with complex data from various sources
Advanced Technology Skills including experience with SAS, SQL, or VBA programing
Prior work experience related to Medicare products or pharmacy claims data

134

Associate Actuary Resume Examples & Samples

Coordinate the company level tasks for the annual asset adequacy analysis
Direct/execute the consolidation process for the annual asset adequacy analysis for each legal entity. Lead the development of electronic tools and analytics to enhance company level analysis of results
Draft common language for actuarial memorandum supporting reserves
Assist with the preparation and submission of the Own Risk and Solvency Assessment (ORSA)
Provide support for the Enterprise Risk Committee (ERC) secretary role
Provide support for Insurance Risk
Supervise the ERM Summer Actuarial Intern
Coordinate and execute the ERM Rotation Experience for the summer actuarial interns
Interface with auditors, state regulators and examiners
Provide support as needed for Corporate Products (Funding Agreements, Synthetic GIC’s, Pacific Life Re longevity and life insurance retrocession business)

135

Associate Actuary Resume Examples & Samples

Competitive pay
Paid holidays
Year-end bonus program
Coordinate and organize the workflow for the state team
Support the month-end close process and ensure the accuracy of booked reserves
Review seasonality statistics for the state to be used in the forecast
Assist with Actuarial opinion and Actuarial memoranda work annually
ASA (Associate of the Society of Actuaries) certification required
3+ years of health Valuation experience required
Important information: This position is recruited for by a remote Kelly office, not your local Kelly branch. Please submit your resume to be considered for this position by pressing the “SUBMIT RESUME” button below. If you have questions about the position, you may contact the recruiter recruiting for this position (jesb917@kellyservices.com), however, your resume should be uploaded via the “SUBMIT RESUME” button included within**

136

Associate Actuary Resume Examples & Samples

Associate of the Society of Actuaries (ASA) or near ASA with 4+ years of experience
Experience with multiple actuarial functions (e.g., valuation, forecasting, pricing, hedging, ALM) is a plus
Experience with actuarial projection systems (e.g., GGY AXIS)
Ability to manage multiple projects and work across multiple areas

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