Actuarial Leadership Position

4 days ago


Lansing Michigan, United States Michigan Farm Bureau Family of Companies Full time
Job Summary

We are seeking a highly skilled Actuarial Leader to join our team at Michigan Farm Bureau Family of Companies. As a Senior Life Actuary, you will be responsible for providing actuarial expertise and leadership across various actuarial functions, including valuation, pricing, and modeling efforts.

Key Responsibilities
  • Oversee and monitor monthly and annual experience studies, making recommendations for modeling assumptions, including mortality, persistency, and expense assumptions.
  • Oversee the monitoring of major pricing assumptions for all products, ensuring they align with corporate objectives and needs.
  • Design and price new products, maintaining up-to-date information on changes in products offered by other life insurance companies.
  • Develop recommendations for interest rates and other non-guaranteed elements for existing products.
  • Oversee computer support for the Life Actuarial Department, including designing, programming, and executing various computer programs.
  • Maintain up-to-date knowledge of current procedures and practices in Life Actuarial science for successful completion of required duties.
Requirements
  • Bachelor's degree in mathematics, statistics, or actuarial science.
  • Five years of life actuarial experience.
  • Completion of the Associate of the Society of Actuaries (ASA) designation.
  • Experience using actuarial modeling software, with Prophet experience preferred.
  • Completion of the Fellow of the Society of Actuaries (FSA) designation preferred.
What We Offer

Michigan Farm Bureau Family of Companies offers a full benefit package, including medical, dental, vision, and 401K. This position is open to remote work from personal residence (MI) as well as in-person at the Farm Bureau Home Office located in Lansing, Michigan.



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