Assumptions Actuary (ASA)

Job Summary

• Develops, proposes, and supports the implementation of actuarial assumptions.  
• Provides actuarial analysis and insight into broader organizational strategic monitoring and decisioning.

Essential Job Functions

All the duties of an Actuarial Assistant plus the following: 
•    Works independently to develop and implement appropriate solutions to actuarial issues. 
•    Initiates, organizes, directs, and analyzes actuarial research and experience studies and develops and recommends actuarial assumptions and extensions to programs and procedures. 
•    Acts as project lead, where assigned, assigning project work, managing workflow, and providing feedback to management regarding progress, problems encountered and solutions implemented to complete the project on schedule.
•    Coordinates and/or participates in cross-functional committees where assigned to address actuarial and corporate issues and represent the Actuarial function. 
•    Initiates coordination with other departments in the preparation of management reports and the resolution of cross-departmental issues. 
•    Exhibits a strong controls mindset, ensuring proper reviews and documentation are in place.  Interacts with internal and external risk partners to evidence controls and partner to generate improvements.
•    Develops, maintains, audits, and changes programs and data bases needed to perform periodic and annual assumption reviews and analysis. 
•    Performs other duties as assigned.
 

Physical Actions

Physical Environment

Education Requirements

• High school diploma or equivalent required.
• Bachelor’s degree preferred.
• Associate of the Society of Actuaries.

Experience Requirements

Special Skill Requirement

• Advanced level knowledge of spreadsheet, database and actuarial projections software.  
• Intermediate level knowledge of data science techniques, or a keen interest and willingness to learn.