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Modeling Actuary

1 month ago

Des Plaines, Illinois, United States eFinancial Full time
Remote work is not available in the following States:

Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, Hawaii, Idaho, Kansas, Kentucky, Maine, Michigan, Mississippi, Montana, New Hampshire, New Mexico, New York, North Dakota, Ohio, Oklahoma, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia.

Key Responsibilities:

Modeling/Projections of the Company's Business

Expected to be 80-90% of Employee's Time
  • Work on various modeling projects of new and inforce business, using Milliman's MG-ALFA projection software. This would include:
    • Projects focusing on the design and implementation of new products. This work will involve working with the head Modeling Actuary and the Product Actuary.
    • Projects focusing on modeling the profitability of currently sold products,
    • Projects focusing on modeling existing run out business.
    • Peer-reviewing the work of other, more junior modeling actuaries
  • Communicate project status to management
  • Participate in meetings as necessary.
  • Address issues as they arise and take corrective action to assure timely completion
Other Financial Actuarial Work -

Expected To be 10-20% of Employee's Time
  • Help out on special projects, as requested.
  • Be involved in peer review of the Actuarial Department's work.
Qualifications:
  • 7+ years of progressive experience working with life insurance products and projections.
  • Ability to meet deadlines and perform / manage multiple functions.
  • Ability to work in a collaborative mode with a wide ranging group.
  • Good interpersonal and communication skills.
  • Expert user in Microsoft Excel and proficiency in other Microsoft Windows and Microsoft Office products.
Essential Functions: This section is to outline the physical expectations of a job to ensure clear and fair hiring practices as well as to accommodate candidates with potential disabilities.

Skills:
  • Experience with financial reporting and pricing a plus.
  • Knowledge of MG-ALFA projection software a plus.
  • Knowledge of PolySystems software plus
Licenses + Certifications:
  • Associate of the Society of Actuaries (ASA) or equivalent
EEOC/Other: eFinancial/Fidelity Life Association is an equal opportunity employer and supports a diverse workplace. As an eFinancial/Fidelity Life employee, you will be eligible for Medical and Dental Insurance, Health Savings Accounts, Flexible Spending Accounts (Health, Dependent Care & Transit), Vision Care, 401(K), Short-term and Long-term Disability, Life and AD&D coverages.

#IND-Corporate #IND #LI-Remote #FidelityLifeAssociation #Remote #Hiring

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