Life Pricing Actuary

Demand Drive Solutions LLC; Illinois City (IL); Remote; USD 100,000 - 120,000; Full time

Job summary

A leading actuarial firm is seeking a Senior Actuarial Analyst to develop and maintain actuarial models for life, health, and annuity products. The ideal candidate will have over 5 years of experience in pricing for Life and/or Annuity products and will be capable of communicating results to management. This role offers remote work flexibility, focusing on actuarial designation progress through the Society of Actuaries.

Qualifications

• 5+ years of life pricing experience with Life and/or Annuity products.
• Completed most coursework for attaining Associateship (ASA).
• Proficient with actuarial pricing models.

Responsibilities

• Develop and maintain actuarial models for life, health, and annuity products.
• Ensure compliance with laws and guidelines for actuarial contracts.
• Communicate results to management effectively and document work.

Skills

Actuarial pricing models

Communication skills

Regulatory compliance

Education

Actuarial designation (ASA)

Job description

As a Senior Actuarial Analyst, you will develop and maintain actuarial models to design and price life, health, and annuity products. You will utilize your knowledge to consult and influence management towards courses of action that have impact on products/pricing, modeling, profitability, underwriting, administration, and risk management. You will communicate with different functional areas directly about various projects to meet deadlines. Continued progress towards actuarial designations through the Society of Actuaries is encouraged.

This position is open to fully remote candidates, based on location.

Overview

How does a Senior Actuarial Analyst make an impact?

Responsibilities

• Be proficient with actuarial pricing models and complete work independently.
• Be familiar with relevant laws, regulations and guidelines and ensure contracts and annual testing such as illustration regulations are compliant.
• Communicates results to management, verbally, in writing or in presentation form. Documents work according to actuarial standards of practice.
• Works towards actuarial designation from the Society of Actuaries.

Non-negotiable requirements

• Minimum of 5+ years life pricing experience working with Life and/or Annuity products REQUIRED.
• Most incumbents have completed most, if not all, coursework for attaining Associateship (ASA) (5 - 6 exams/online courses).
• We are still accepting candidates, Please do not Apply to this posting unless you have minimum of 5+ years of actuarial pricing (not valuation or modeling) experience specifically working with Life and/or Annuity products.

We cannot payroll employees in the following states: California, Delaware, District of Columbia, Kentucky, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, West Virginia