Business Analyst with Actuarial modelling And Life Insurance

Job Title: Business Analyst with Actuarial modelling And Life Insurance Location: Frederick, MD Duration: 6 months Key Responsibilities Actuarial Analysis & Modeling Perform actuarial analyses related to life insurance products, including: Term Life Universal Life Pension Risk Transfer (PRT) Develop, maintain, and validate actuarial models for pricing, valuation, and forecasting Analyze experience data and trends to support business insights and decision‑making Product & Risk Management Support product design, pricing, and profitability analysis Assess and quantify risks associated with insurance portfolios Provide recommendations for risk mitigation and business optimization Model Governance & Validation Perform quality assurance and validation of actuarial models and tools Ensure models adhere to internal standards and actuarial best practices Maintain documentation for models and methodologies Business & Stakeholder Collaboration Partner with cross‑functional teams including: Finance Investments IT Product and underwriting teams Translate technical actuarial concepts into actionable business insights Support strategic initiatives and enterprise transformation programs Regulatory & Audit Support Assist in internal and external audit processes Ensure compliance with actuarial standards and regulatory requirements Provide documentation and explanations for actuarial assumptions and results Required Qualifications & Experience Experience 5–10+ years of actuarial experience in life insurance Strong background in: Actuarial modeling Risk assessment Product analysis Professional Credentials ASA (Associate of the Society of Actuaries) required FSA (Fellow of the Society of Actuaries) preferred Technical Skills Experience with actuarial software: GGY Axis (preferred) or MG-ALFA Strong programming/analytics skills: SQL Python VBA Experience working with large datasets and automation tools Domain Knowledge Strong understanding of life insurance products and actuarial principles Knowledge of modeling methodologies, assumptions, and financial projections Key Competencies Strong analytical and problem‑solving skills Attention to detail and accuracy Effective communication and stakeholder management Ability to work collaboratively in cross‑functional teams Strategic thinking and business acumen #J-18808-Ljbffr ThemeSoft