Actuaries work with companies and government departments, to help them forecast long-term financial costs and investment risks.
Actuary Job Description Template
Our company is looking for a Actuary to join our team.
Responsibilities:
- Promote company culture by demonstrating our core behavioral competencies: Collaborative, Purposeful, and Straightforward;
- Other duties as required;
- Maintain compliance with industry professional development guidelines. Participate in industry committees where necessary;
- Establish team goals in line with department priorities, adapt to changing needs, and effectively manage and communicate these across the team;
- Support the development of actuarial talent within your team;
- Coordinate directly with internal and external auditors to address questions and requests relating to the actuarial reporting function;
- Preparation of relevant sections of the financial statements;
- Building, implementing, and/or measuring predictive models for risk, capital and elasticity;
- Guiding population health intervention strategy and development;
- Ongoing review of Loyalty Programs for funeral homes;
- Specifying cost performance bonus methodologies in contracts with external partners;
- Modeling block performance and testing changes to assumptions and/or design.
Requirements:
- Ideal candidate would have completed actuarial examinations, having attained an ASA or FSA designation;
- A strong understanding of actuarial concepts including statutory reserve requirements;
- Five to ten-plus years of life insurance experience in the actuarial department or other technical area;
- Completion of LOMA courses in Principles and Operations a plus;
- Four year college degree preferably in mathematics, actuarial science or a related field;
- Must be proficient in using actuarial modeling software, MG-ALFA strongly preferred;
- Must be proficient in Microsoft Office software applications particularly Excel and Access.