Actuary III - Product Design & Pricing Leader

Job Description Summary

Directs and provides leadership in the design, pricing, and implementation of insurance products. Oversees a small team within actuarial modeling, risk management, valuation or other actuarial department.

Hybrid in Cedar Rapids, Baltimore, or Philly.

• Provides reports and analyses to management on sales, persistency and mortality or morbidity experience for various product lines, reserve adequacy, risk management information, or various other similar items.
• Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
• May support creation of system specifications, contracts, commission structures, and other actuarial aspects of product development.
• Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace.
• May represent the company on industry and professional committees and/or with regulators.
• May supervise a small team of employees.

• FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, accept Master's in a listed discipline and 4 years of relevant experience. In lieu of FSA, accept ASA or equivalent professional designation and 8 years of relevant experience. Demonstrates high quality leadership, judgment, organization and prioritization skills.
  
  Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. Works well under pressure and within time constraints to effectively accomplish individual and team objectives. Excellent computer skills.

• Programming skills.

• Office environment (Hybrid in Baltimore, Philly, or Cedar Rapids).
• Occasional travel