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Job Details

Associate Actuary Prod Design

Location
Aliso Viejo, CA

Date Last Verified
Aug 03,2018

Posted on
Aug 02,2018

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Profile

POSITION SUMMARY:In this role, you will develop innovative life insurance products.  The main responsibilities include:Design, price, and implement life insurance products balancing profitability, marketability and risk.Develop assumptions appropriate for the marketplace.Monitor industry trends including future of transactional underwriting and predictive analytics.Review emerging experience and adjust assumptions and pricing as necessary.Work closely with Product Marketing and provide technical support to the IT, Reinsurance, Finance, Underwriting and Compliance areas.FACTORS FOR SUCCESS:FSA designation in the Society of Actuaries5 Years in the insurance industry with at least 4 years in Life Insurance product design, pricing and implementation.Experience with IUL, VUL and UL pricingGood understanding of the regulations and actuarial guidelines applicable to life insurance products.Strong communication and influencing skills.Ability to handle multiple projects and meet tight deadlines.Proficient in actuarial pricing software, ideally ALFA. 

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