Actuarial Associate

1 month ago

Livonia, United States AAA Life Insurance Company Full time
Overview

AAA Life is seeking to hire an Associate Actuary to support our Product Development team. This person will be responsible for things such as pricing products, performing full valuations, and/or preparing all facets of testing models. Requires regular communication and consultation with managers of systems, administration, sales, finance, and underwriting departments.

Responsibilities

  • Builds and maintains product pricing models
  • Conducts peer review of assumptions, models and results
  • Actively participates in the testing and implementation of products/reprices
  • Does post-launch validation and monitoring
  • Assesses market competitiveness on product features and pricing
  • Creates and maintains documentation and cross trains others in the department


Qualifications

  • 3-5 years experience
  • Near or recent ASA
  • Pricing or Modeling or Valuation experience with our product lines (Term/WL/UL/Annuities) required. Pricing or modeling is preferred.
  • Strong communication skills
  • Strong desire for experience with GMxB and/or indexed features or living benefits
  • Data skills a plus

WHAT WE OFFER:
  • A collaborative, energetic work environment where you can put your passion for people to work
  • Medical, Dental, Vision, Life and Disability coverage available day one
  • Pension Plan
  • Performance-based incentive plan
  • 401k available with a Company match
  • Holidays and Paid Time Off
  • AAA Basic Membership


For the states of California, Colorado, New York and Washington the pay scale is $77,938.00 to $116,908.00 and pay scales may vary based upon location.

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