Life Pricing Actuarial Analyst Sr.

Veracity Solutions

$80K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Experience in Life and/or Annuity products is essential.
  • Strong technical skills paired with effective communication ability.
  • Preferred candidates should have life pricing experience.
  • Progress towards Associateship (ASA) is highly encouraged, with most completing 5-6 relevant exams.
  • 7 years of relevant experience or a mix of education and training is typical.

Responsibilities

  • Develop and maintain actuarial models for pricing life, health, and annuity products.
  • Consult and influence management on product pricing and profitability decisions.
  • Ensure compliance with laws and regulations regarding contracts and testing.
  • Communicate project results to management through various formats.
  • Document work according to actuarial standards of practice.

Benefits

  • Encouragement for continued progress towards professional actuarial designations.
  • Flexibility for fully remote work based on location.
Full Job Description
Life Pricing Actuarial Analyst Sr. (Remote)

Hybrid

Bloomington, IL

As a Senior Actuarial Analyst, you will develop and maintain actuarial models to design and price life, health, and annuity products. You will utilize your knowledge to consult and influence management towards courses of action that have impact on products/pricing, modeling, profitability, underwriting, administration, and risk management. You will communicate with different functional areas directly about various projects to meet deadlines. Continued progress towards actuarial designations through the Society of Actuaries is encouraged.

This position is open to fully remote candidates, based on location.

How does a Senior Actuarial Analyst make an impact?
• Be proficient with actuarial pricing models and complete work independently.
• Be familiar with relevant laws, regulations and guidelines and ensure contracts and annual testing such as illustration regulations are compliant.
• Communicates results to management, verbally, in writing or in presentation form. Documents work according to actuarial standards of practice.
• Works towards actuarial designation from the Society of Actuaries.

Qualifications:

Do you have what we're looking for?
• Experience working with Life and/or Annuity products.
• Strong technical and communication skills.
• Life pricing experience highly preferred.
• Most incumbents have completed most, if not all, coursework for attaining Associateship (ASA) (5 - 6 exams/online courses).
• Typically requires 7 years of relevant experience or a combination of related experience, education and training.

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