Provides and verifies data and actuarial reports necessary for product and financial management utilizing actuarial principles and mathematical analysis.
Responsibilities
What you will do:
Gathers, organizes and formats data from various sources, reviews for reasonableness and provides this data for internal and external use.
Applies mathematical, statistical and technical skills to analyze data and reports.
Obtains, verifies and organizes company experience to be used in product development, valuation and financial reporting.
Designs mathematical formulas in pricing or asset-liability computer models to reflect new product features.
Executes pricing, valuation and asset-liability runs, selecting the correct model and input data, and ensuring internal consistency of all assumptions, product features and in-force data.
Modifies models and/or formulas to fit current experience.
Reviews for reasonableness and assists in analyzing results.
Performs other duties as assigned
Complies with all policies and standards
Qualifications
Pursuing Bachelor's degree and in actuarial science, mathematics or a related field.
Proven proficiency in Microsoft Office products.
Proven strong analytical skills, including ability to identify and quantify problems, and provide effective resolution.
Proven ability to work under multiple deadlines, successfully organizing and effectively completing projects where given minimal supervision.
Proven ability to work independently or as part of a team.
Work Setting/Position Demands:
Works in an office setting and remains in a stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings.
Requires the ability to verbally communicate and exchange accurate information to customers and associates on a regular basis.
Requires visual acuity to read and interpret a variety of correspondence, procedures, reports and forms via paper and electronic documents, visual inspection involving small defects; small parts, and/or operation of machinery (including inspection); using measurement devices continuously. Visual acuity is required to determine accuracy, neatness, and thoroughness of work assigned.
Requires the ability to prepare written correspondence, reports and forms using prescribed formats and conforming to rules of punctuation, grammar, diction, and style on a regular basis.
Requires the ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions
Performs substantial movement of wrists, hands, and fingers for continuous computer work.
Extended hours required during peak workloads or special projects/events.