Actuarial Analyst - Remote - Life - 9676
Insurance company in the MidAtlantic US region has a need for a Life Actuarial Analyst.
The responsibilities include the following: researching new product ideas, competitors' products and prices; reviewing and summarizing key features or differences for competitor products; setting up and running pricing model or spreadsheet to evaluate product or price change; summarizing financial impact of any new products or product changes; documenting final pricing results; assisting with all areas of the Pricing process;
expanding pricing analysis to all eligible age/class/gender combinations; updating pricing models with new rates and assumptions; running actuarial model, analyzing and communicating results; assisting with analysis to changes in actuarial assumptions;
setting up and running actuarial projection models; reconciling differences from results under previous assumptions; analyzing, summarizing, and communicating results; completing testing of policy administration and sales illustration systems; working with Product Systems engineer to develop and execute test plan; assisting in development and maintenance of an independent test tool; identifying, summarizing, and communicating any differences between test tool and production systems.
BS / BA degree in mathematics, statistics, or a related field
Completion of 2 Actuarial Exams, preferred
Actuarial Internship preferred
Life insurance knowledge, preferred
Proficiency in Microsoft Excel
Team player on cross-functional teams
Actuarial software experience