Actuarial Analyst launching actuarial career with Securian Financial through comprehensive rotational program. Hands - on experience in various actuarial functions with mentorship and coaching.
About the role
- Actuary focused on pricing and product management of BOLI/COLI products for MassMutual. Leading actuarial functions for new product development and risk analysis and management.
Responsibilities
- Supporting and leading projects related to product changes and new product offerings including pricing, filing, operational testing and risk assessment
- Building and maintaining pricing and risk analysis models
- Pricing and reviewing private placement COLI pricing quotes
- Leading pricing reviews and approval process with Corporate Actuarial, Enterprise Risk Management, and other stakeholders
- Determining new business and in-force crediting rates
- Developing or coordinating appropriate experience assumptions for BOLI/COLI products
- Providing leadership in the design and implementation of management tools to monitor in-force experience
- Partnering with Corporate Oversight, Enterprise Risk Management and other areas to establish appropriate risk tolerances, monitor results, and recommend risk mitigation actions
- Influencing and contributing to ongoing business strategy and growth
- Complying with Actuarial Standards of Practice, Code of Professional Conduct and company standards
Requirements
- Bachelor’s degree in Mathematics, Finance, or Computer/Data Science, Actuarial Science or related field
- Associate of the Society of Actuaries (ASA)
- 5+ years of actuarial experience
- Fellow of the Society of Actuaries (FSA) is ideal
- 5+ years of actuarial experience with a focus on Life Insurance
- Experience with product pricing & product development
- Proficiency with Microsoft Excel and Moody’s Axis
Benefits
- Competitive salaries
- Incentive and bonus opportunities
- Total Rewards at a Glance
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