Actuary – Life Pricing

Jobtailor; Colorado; On-site; USD 120,000 - 180,000; Full time

Job summary

Jobtailor in Colorado is seeking an experienced actuarial leader to manage one or more actuarial functions within products and corporate processes. You will evaluate new ideas, price and maintain products, and direct design, pricing, and implementation of insurance offerings.

You will lead the preparation of actuarial analyses for management, monitor profitability by product line, and ensure compliance with state and federal regulations.

Qualifications

• FSA or ASA designation with a Bachelor's degree and 7 years of relevant experience.
• In lieu of Bachelor's, a Master's in a listed discipline with 5 years of relevant experience is accepted.
• In lieu of FSA/ASA designation, 10 years of relevant experience is accepted.
• High quality leadership, judgment, organization and prioritization skills.
• Ability to communicate advanced mathematical and analytical concepts verbally and in writing.

Responsibilities

• Manage one or more actuarial functions for a product line or Corporate process.
• Evaluate new product ideas, price and maintain existing products.
• Direct the design, pricing, and implementation of insurance products.
• Lead preparation and interpretation of actuarial information for management.
• Monitor profitability by line of business and/or product and develop reports.
• Maintain product lines or Corporate processes in compliance with regulations.
• Manage studies underlying actuarial assumptions and provide data to others.
• Support creation of systems specifications, contracts and pricing structures.
• Monitor actuarial techniques, laws, regulations, and market developments.
• Recommend appropriate reactions to industry and regulatory developments.
• Provide guidance on pricing rates, modeling methodology, reserving and related matters.
• Serve as a key resource for major recurring projects.
• Represent the company with industry committees and regulators.
• May supervise a team of employees.

Skills

Actuarial analysis

Product design

Data analysis

Mathematical modeling

Pricing methodology

Reserving

Programming skills

Statistics

Economics

Mathematics

Leadership

Judgment

Organization

Prioritization

Communication

Education

FSA

ASA

Bachelor's degree

Master's degree

Tools

Actuarial software

Computer skills

Job description

• Manage one or more actuarial functions for a product line or Corporate process


• Evaluate new product ideas and price and maintain existing products


• Direct the design, pricing, and implementation of insurance products


• Lead preparation and interpretation of actuarial information for management


• Monitor profitability by line of business and/or product and develop reports and analyses


• Maintain product lines or Corporate processes in compliance with state and federal regulations


• Manage studies underlying actuarial assumptions and provide assumptions and data to others


• Support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development


• Monitor and analyze actuarial techniques, applicable laws and regulations, and competitive marketplace developments


• Recommend appropriate reactions to industry and regulatory developments


• Provide guidance on pricing rates, modeling methodology, reserving, and related matters


• Serve as a key resource for major recurring projects


• Represent the company with industry and professional committees and regulators


• May supervise a team of employees

Requirements

• FSA or equivalent professional designation along with bachelor's degree in actuarial science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience


• In lieu of Bachelor's, Master's in a listed discipline and 5 years of relevant experience accepted


• In lieu of FSA, ASA or equivalent professional designation and 10 years of relevant experience accepted


• High quality leadership, judgment, organization and prioritization skills


• Ability to communicate advanced mathematical and analytical concepts verbally and in writing


• Ability to work under pressure and within time constraints


• Excellent computer skills


• Programming skills preferred

Core Competencies

Demonstrates expertise in actuarial functions, including product design, pricing, and compliance with regulations. Proficient in advanced mathematical concepts and analytical methodologies, with strong leadership and communication skills.

Highest-signal resume keywords

• FSA OR EQUIVALENT PROFESSIONAL DESIGNATION


• ACTUARIAL SCIENCE


• PRODUCT PRICING


• REGULATORY COMPLIANCE


• LEADERSHIP

Hard Skills

• ACTUARIAL ANALYSIS


• PRODUCT DESIGN


• DATA ANALYSIS


• MATHEMATICAL MODELING
  
• PRICING METHODOLOGY


• RESERVING


• PROGRAMMING SKILLS


• STATISTICS


• ECONOMICS


• MATHEMATICS

Soft Skills

• LEADERSHIP


• JUDGMENT


• ORGANIZATION


• PRIORITIZATION


• COMMUNICATION

Certifications & Qualifications

• FSA


• ASA


• BACHELOR'S DEGREE


• MASTER'S DEGREE

Industry Keywords

• INSURANCE PRODUCTS


• PROFITABILITY MONITORING


• ACTUARIAL ASSUMPTIONS


• INDUSTRY REGULATIONS


• COMPETITIVE MARKETPLACE

Tools & Technologies

• COMPUTER SKILLS


• ACTUARIAL SOFTWARE