Actuarial Associate

4 weeks ago

Livonia, United States AAA Life Insurance Company Full time
Overview

AAA Life Insurance Company is hiring for a Actuarial Associate . This role ensures that AAA Life Insurance makes effective business and operational decisions. As a Actuarial Associate , you will be responsible for things such as pricing products, updating illustration tools, and data analysis that support our portfolio. Requires regular communication and consultation with managers of systems, administration, sales, finance, and underwriting departments.

Responsibilities

  • Design and implement an inhouse illustration application
  • 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

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