Actuary - AXIS - Life / Health - REMOTE-9270
Client looking for an actuary to contribute to an actuarial modernization initiative. This initiative impacts firm's actuarial systems, models, data, reporting, and processes. In this highly visible role the candidate will be involved in building/testing models in AXIS to serve various actuarial functions (including valuation, pricing, financial plan, cash flow testing, economic capital, and asset liability management). Applicants should be well versed with AXIS software and have a passion for building actuarial models in an efficient, scalable, transparent, controlled, and accurate manner. While the modernization effort includes building models across all products, the preferred AXIS experience for this position will be within the disability module to support one or multiple of our Disability Income, Medicare Supplement, Supplemental Health, and Group Health model builds.
Involvement across all phases of the model build process within the actuarial modernization efforts:
Requirements gathering - For both data and model requirements, and with the support of subject matter experts, gather information necessary to build the model, data inputs, and data outputs.
Model Design - Participate in designing the ideal model structure for the given models, while adhering to holistic model design principals - focusing on scalable, transparent, controlled, and automated solutions.
Model Development - Translate model requirements into technical specifications and then perform the model build activities - focusing on attaining consistency across products, with a ‘first principles’ model build mindset rather than a conversion mindset.
Model Testing - Participate in various testing related activities across all impacted actuarial functions, including unit testing, regression testing, aggregate reconciliations, in accordance with agreed upon testing strategy for thresholds, variance bucketing, attribution, etc.
Support IT and data partners in the development of an end-to-end process for the model build, including extract creation and reporting
Documentation - develop documentation for new models and affected processes to a degree such that parties unfamiliar with our processes or models can understand how processes flow or how models operate.
Collaborate with project leadership, management team, subject matter experts, and product owners throughout project to ensure solutions are meeting stakeholder needs.
Complete tasks as assigned in the project plan, and track progress against milestones. Complete work by milestone dates, or communicate early and often if slippage is beginning to occur.
Risk Management; Identify and assess risk in actuarial responsibilities. Complies with actuarial standards of practice, precepts and enterprise risk management responsibilities. Supports enterprise wide risk management initiatives as they relate to this actuarial modernization.
Attainment of ASA or FSA designation.
3+ Years AXIS programming experience (not just model maintenance or execution, but pure model development)
Thorough actuarial background, as well as thorough background in Actuarial Science, Math, Statistics, Economics and/or Computer Science.
Aptitude for statistical interpretation, a working knowledge of advanced actuarial assumptions and formulae and accounting practices.
Thorough financial background.
Strong oral and written communication and human relations skills.
Strong collaboration skills and team oriented
Product and industry knowledge
Ability to teach or foster development in others
Experience working in AXIS conversion projects.
3+ Years programming experience specifically within the AXIS disability module
Data skills and experience in any of the following packages: R, Python, SQL, SAS, Tableau, Power BI.