Para Actuary

The Para Actuary is responsible for providing administrative and technical support to the actuarial staff.

·         Develop and analyze basic to moderately complex statistical reports for monthly and quarterly studies and management decisions.

·         Conduct data studies and root cause analysis to determine pricing differences when compared to other major competition.

·         Assist with product filings and memorandums for the state departments of insurance, disapproving replies as needed.

·         Analyze current procedures and research and recommend improvements for increased efficiency and effectiveness based on cost-effective utilization of departmental resources.

·         Manages and conducts basic to moderately complex research projects and communicates findings to department of insurance, actuarial staff and others; Including explaining technical data to support rate changes to the applicable state.

·         Assist with financial projection models including initialization for the current planning period, gathering data from multiple sources, verifying the accuracy of data, and ensuring all inputs are updated, linkages are correct, and formulas are appropriate.

Performs other related duties as necessary or assigned.

·         Demonstrate the Wellabe core competencies of change, communication, customer focus, financial acumen, innovation, teamwork, critical thinking, and decision making. For a full description of each competency, please visit wellabe.com/core-competencies.

·         Embrace and foster a diverse and inclusive culture that aligns with our commitment to THRIVE together. Toolkit: We are building resources for employee reference, including a diversity driven book club, leadership training, and a culture of betterment philosophy. Hear: Every employee has a voice. We listen with attention to gain knowledge and to understand. Respect: We empower people by respecting and appreciating their differences. Inclusion: We support a collaborative workforce that promotes belonging and respect that increases participation and contribution from all employees. Value: All employees are appreciated for their uniqueness. Equity: For all.

·         Demonstrate an Agile mindset* of trust, teamwork, and transparency and capability to implement agile tools into daily work, allowing for quick adaption to change. (*An agile mindset is the set of attitudes supporting an agile working environment including trust, teamwork, transparency, respect, improvement, ongoing learning, pride in ownership, focus on delivering value, and the ability to adapt to change.)

·         Embrace our culture of betterment, which surrounds the question: Does this decision fit with our mission and core values while enhancing the outcome for our customers, our business, and our associates.

·         General knowledge of the principles, processes, and practices related to actuary and mathematics.

·         Ability to communicate technical and complex topics in a way that is understandable to those less experienced.

·         Intermediate to advanced knowledge of Excel and VBA (visual basic)and working knowledge of Outlook, Word and PowerPoint.

·         Basic project management and organizational skills.

·         Demonstrate the American Enterprise core competencies of change, communication, customer focus, financial acumen, innovation, teamwork, critical thinking, and decision making. For a full description of each competency, please visit americanenterprise.com/core-competencies.

·         Embrace and foster a diverse and inclusive culture that aligns with our commitment to THRIVE together. Toolkit: We are building resources for employee reference, including a diversity driven book club, leadership training, and a culture of betterment philosophy. Hear: Every employee has a voice. We listen with attention to gain knowledge and to understand. Respect: We empower people by respecting and appreciating their differences. Inclusion: We support a collaborative workforce that promotes belonging and respect that increases participation and contribution from all employees. Value: All employees are appreciated for their uniqueness. Equity: For all.

·         Demonstrate an Agile mindset* of trust, teamwork, and transparency and capability to implement agile tools into daily work, allowing for quick adaption to change. (*An agile mindset is the set of attitudes supporting an agile working environment including trust, teamwork, transparency, respect, improvement, ongoing learning, pride in ownership, focus on delivering value, and the ability to adapt to change.)

·         Embrace our culture of betterment, which surrounds the question: Does this decision fit with our mission and core values while enhancing the outcome for our customers, our business, and our associates?

·         Bachelor’s in computer science, mathematics, statistics, business, or related field. Combination of education and/or relevant work experience may be accepted in lieu of degree.

·         Experience with programming languages, data analytics and/or the insurance industry, a plus.

Travel Required?

Type

Percentage

Yes

Trainings/Seminars/Conferences

Minimal

·         Primarily works in an office environment (or in-home office) performing work that is sedentary which involves remaining stationary and working on a computer for long periods of time

·         Must be able to review, assess, and/or analyze data and figures by viewing a computer screen, including extensive reading.

·         Regularly communicates with others in-person, via video conferencing, electronically (including email), or by phone to exchange accurate information.

·         Primarily works in an office environment (or in-home office) performing work that is sedentary which involves remaining stationary and working on a computer for long periods of time

·         Must be able to review, assess, and/or analyze data and figures by viewing a computer screen, including extensive reading.

·         Regularly communicates with others in-person, via video conferencing, electronically (including email), or by phone to exchange accurate information.

This job description does not list all activities, duties, or responsibilities that may be required. The employee in this position may be assigned other duties at any time with or without notice.

This job description does not constitute a contract of employment and the company may exercise its employment-at-will rights at any time.