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Actuarial Associate
4 weeks ago
Livonia Michigan, 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
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