The Senior Actuarial Associate will lead the development and maintenance of actuarial experience studies, including policyholder behavior and corporate assumptions, such as expenses and capital for the Group Reinsurance business. The individual will be responsible for interpreting and analyzing pricing and sensitivity testing results. Additionally, the individual will be responsible for recommending assumptions for new business pricing in-force modeling. The Senior Actuarial Associate will be responsible for coordinating data needs with IT, as well as building data analytic tools and dashboards using Power BI and Tableau.
Essential Duties and Responsibilities:
- Leads the development and maintenance of actuarial experience studies for the Group Reinsurance business.
- Assists with corporate assumptions, such as expenses and capital for the Group Reinsurance business.
- Interprets and analyzes pricing and sensitivity testing results from actuarial models.
- Builds data analytic tools and dashboards using Power BI and Tableau.
- Supports the integration of new products into the deal pricing model framework.
- Develops and tests actuarial modeling changes and enhancements in excel and other actuarial systems.
- Maintains and improves appropriate control environment for modeling and reporting.
- Creates and maintains thorough model documentation, including business requirements, test plans and ultimately release memos.
- Supports the Actuarial team and/or other departments on an as-needed basis.
- Willingly takes on additional responsibilities as requested in order to accomplish department and Company objectives.
- Actively participates and contributes to the goals and objectives of the Company by working collaboratively and fostering a positive and inclusive work environment.
Skills and Abilities:
- Must have strong mathematical, analytical, organizational, and problem-solving skills and attention to detail.
- Effective communication and presentation skills, both verbal and written.
- Ability to prioritize workflows, establish and meet deadlines and manage multiple concurrent tasks.
- Ability to work effectively in a variety of situations and respond to change in a positive manner.
- Advanced computer skills and the ability to navigate multiple systems and programs including Microsoft Office, proprietary systems, and other technology solutions.
- Experience with Microsoft Power BI preferred.
- Excellent interpersonal skills are required, including a high degree of professionalism.
Training or Work Experience:
- Minimum 3 years of actuarial work experience required.
- Minimum 1 year of experience with Group Life - Basic and Optional, Voluntary Benefits - Supplemental Health, Group Universal Life, Group Whole Life from a direct writer or reinsurer required.
- 1 year of demonstrated performance coaching experience preferred.
- 3 year of experience with Group Life - Basic and Optional, Voluntary Benefits - Supplemental Health, Group Universal Life, Group Whole Life from a direct writer or reinsurer preferred.
- Knowledge of VBA preferred.
- Knowledge of SQL, Power BI or business analytic tools preferred.
- Minimum 5 actuarial exams required.
Education:
- Bachelor's Degree - Actuarial Science, Math, Statistics, Data Analytics required.
Working Conditions:
- Business Travel: Infrequent travel (less than 5% of the time).
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Atlanta Life Insurance Company is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit https://atlantalife.com/equal-employment-opportunity/.
What We Do
When searching for a company that demonstrates integrity, strength and innovation – one that can help you meet your financial objectives – look no further. We put you first!
EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMO’s).
Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit.
EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.