Actuary III

AFLAC, INCORPORATED.; Atlanta (GA); Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k) with company match

Paid holidays

PTO—up to 20 days

Job summary

Aflac is seeking an actuarial professional for a hybrid role based in Columbus, GA, with 60% in-office and the rest remote. You will contribute to actuarial analyses, build models, and partner with multiple departments to drive risk-informed decisions.

The role requires a strong actuarial background, ASA or FSA path, and 3+ years of experience. Travel is limited to ≤10%.

Qualifications

• Bachelor's degree in actuarial science, mathematics, computer science, or related field.
• ASA designation or active candidate status toward FSA.
• Three years of professional job-related experience or equivalent.

Responsibilities

• Utilizes actuarial standards of practice and business acumen to solve questions; collaborates with product development, financial, and other teams.
• Communicates findings to managers and executives for informed decisions; represents department in internal/external groups.
• Performs other duties as required.

Education

Bachelor's Degree actuarial science, mathematics, computer science, or a related field

ASA designation (SOA) or candidate toward FSA

Tools

Excel

Mainframe

SQL

MG-Alfa

Job description

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We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way.

Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com.

Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac.

Worker Designation – This role ishybrid. This means you will be expected to report to one of our Aflac offices located in Columbus, GA for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.

What does it take to be successful at Aflac?

• Acting with Integrity
• Communicating Effectively
• Pursuing Self-Development
• Serving Customers
• Supporting Change
• Supporting Organizational Goals
• Working with Diverse Populations

What does it take to be successful in this role?

• Proficient at coding models in various applications (Excel, Mainframe, SQL,MG-Alfa or similar actuarial software)
• Good verbal and written communication skills
• Actuarial Competencies
• Technical Knowledge & Skill - Advanced Performs data analysis, synthesizes it into something meaningful, and develops materials and presentation of findings. Understands data limitations and considers influence of business processes, market segmentation strategies, and industry factors on analysis. Identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk.
• Project Management - Advanced Can effectively lead projects, including those with crossfunctional accountabilities. Highly responsive to dynamic business needs while partnering with other functional or operational areas. Identifies and initiates projects suggested by business needs or strategies and reprioritizes work/seeks resources as necessary.
• Communication - Advanced Understand and explain business issues and potential solutions in a way that results in informed decision making. Proactively and routinely seeks out business partners to provide timely summary of practice area results. Has clear examples of delivering business concepts and messaging to a wide variety of audiences.
• Business Knowledge & Acumen - Intermediate Aligns actuarial analysis and findings with the broader goals of the organization. Understands all of Aflac's products and business functions. Looks at problems from the overall business framework, rather than only a technical framework, and links the technical actuarial analysis to the bottom line.
• Delivers Results - Advanced Develops projects, plans, and priorities that are consistent with business initiatives and goals. Consistently achieves results, personally and through others that contribute business value. Develops actions that lead to stated business goals based on actuarial or financial Findings
• Develops Self & Others - Intermediate Steps outside actuarial competencies and develops broader business acumen -- goes beyond the technical aspect of a problem. Creates valued business partnerships based on consulting advice provided; seeks out opportunities to mentor others. Participates in new and challenging work experiences outside of one's own functional area.
• Influencing - Intermediate Interprets business and technical information in a way that influences key decision makers / stakeholders. Drives discussions on meaningful business issues and potential solutions with external partners. Demonstrates the ability to build agreement, commitment, cooperation, and enthusiasm for recommendations -- even with difficult messages.
• Makes Effective Decisions - Advanced Provides timely analysis to reach a recommendation, even with incomplete data; not averse to simply approximate an answer. Includes others in decision making as warranted to obtain good input and ensure buy-in for decisions. Evaluates options by considering implications and consequences -- makes decisions outside the bounds of \"the way it's always been done\".
• Values Driven - Interacts with others in a way that gives them confidence in one's intentions. Listens with respect and objectivity even when others' opinions conflict with one's own. Adheres to standards of professional conduct
• Builds Talent - Basic Develops staff or others with the competencies of business leaders, not just subject matter experts. Provides cross-functional project or mentoring opportunities. Takes bold action to ensure strong, diverse talent and leadership pipeline in place to meet Aflac's aggressive business goals.
• Engages Employees to the Vision - Basic Ensures that others understand their roles in achieving area and business priorities. Inspires others to act in alignment with financial and corporate goals and initiatives. Involves employees in decision making, milestone setting, timely one-on-ones, and key business information.

Education & Experience Required

• Bachelor's Degree actuarial science, mathematics, computer science, or a related field
• An Associate of the Society of Actuaries (ASA) designation from the society of Actuaries (SOA) is required and commitment to continue toward Fellow of the Society of Actuaries (FSA) designation
  • Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
  • Three years of professional job-related work experience
• Or an equivalent combination of education and experience

Travel

≤ 10%

Principal Duties & Responsibilities

• Utilizes knowledge of actuarial standards of practice and business acumen to solve challenging actuarial questions; Works with other departments (eg. product development, financial, compliance, and Japanese colleagues) to complete assignments on schedule; Reviews and analyzes statistical data including morbidity, mortality and termination experience as well as policy provisions, state regulations, and other documents
• Uses understanding of standard concepts, practices, and procedures; Relies on judgment and business acumen where limited experience exists to plan and accomplish goals; A significant degree of creativity and latitude is expected
• Communicates the findings of actuarial work to managers and executives in an appropriate manner for business decisions to result; Aides in the representation of the department in internal and external groups for the benefit of Aflac
• Performs other duties as required

Total Rewards

The salary range for this job is $100,000 to $130,000 . This range is specific to the job and salary offers consider a wide range of factors that are considered in making compensation decisions, including, but not limited to: education, experience, licensure, certifications, geographic location, and peer compensation. The range has been created in good faith based on information known to Aflac at the time of the posting.

At Aflac, it is not typical for an individual to be hired at or near the top of the range for the role to allow for future and continued salary growth, and compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate.

In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee), 401(k) plans, annual bonuses, and an opportunity to purchase company stock. On an annual basis, you’ll also be offered 11 paid holidays, up to 20 days PTO to be used for any reason, and, if eligible, state-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked) and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to, sick and safe leave, and adoption and parental leave, in all states and localities.