Life Pricing Actuary

Demand Drive Solutions LLC; Illinois City (IL); Remote; USD 90,000 - 130,000; Full time

Job summary

A leading company seeks a Senior Actuarial Analyst to develop actuarial models and influence pricing strategies for life and annuity products. This fully remote position encourages candidates with 5+ years of specific actuarial pricing experience and a strong educational background towards Associateship. Engage in independent work while ensuring compliance with regulatory standards and consulting across functions to meet business objectives.

Qualifications

• Minimum of 5+ years experience in life pricing for Life and/or Annuity products.
• Most have completed required coursework for Associateship (ASA).

Responsibilities

• Develop and maintain actuarial models for product design and pricing.
• Document work and communicate results to management.
• Ensure compliance with relevant laws and regulations.

Skills

Actuarial pricing

Compliance awareness

Communication skills

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.

How does a Senior Actuarial Analyst make an impact?

• 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.
  
  What are the 3-4 non-negotiable requirements of this position?
  
  
• 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