Actuarial Pricing Manager

Location(s)

Boston, Massachusetts, Chesterfield, Missouri, Chicago, Illinois, Columbus, Ohio

_Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs.

By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises._

Manages and supervises actuarial analysts by assigning work, providing technical guidance and other responsibilities to include performance management, training and mentoring. Performs highly complex pricing analyses. Prepares and analyzes complex internal management information. This position works closely with the Actuarial Director, Product Managers, Data Scientists, business partners, and senior leaders to develop appropriate pricing and product strategies to support organizational goals.

Assists with department objectives by leading and coordinating projects and processes and maintaining actuarial standards of practice.

• Robust understanding of actuarial pricing methodology
• Oversee the production of sound premiums and policy values
• Support state filing process with actuarial certification (regulatory sign-off), actuarial memorandum and support, and correspondence with regulators, and documentation of assumptions and/or analysis
• Ability to perform complex pricing analyses, such as premium calculations, policy value calculations, sensitivity testing, compliance testing and ad-hoc analysis
• Assist with and enforce best practices in quantifying, validating, and preparing proposed premiums
• Prepare actuarial proposals for management and business partners
• Pull, aggregate, and query experience data
• Develop recommendation on premiums and policy values to satisfy financial objectives of the organization
• Perform complex experience analysis (e.g. mortality and lapse analysis)
• Automate and enhance processes to improve efficiencies
• Support and/or lead the development and design of new plans, programs, processes, products up to moderate complexity
• Oversee financial forecasting/planning process
• Complete pricing projects and ad-hoc requests
• Develop management information to inform business partners on the health of the business
• Communicate effectively with management and business partners
• Adhere to internal and external compliance requirements/standards
• Assist with the development of junior-level staff
• Develop skills through continuing education opportunities
• Meet expectations for Society of Actuaries (SOA) exam progress and/or continuing education

• 5-7 years of experience as an actuarial analyst, including Life Insurance experience
• Associate (ASA) or Fellow (FSA) of the Society of Actuaries or the equivalent from other organizations or demonstrates equivalent knowledge
• Bachelor’s degree in actuarial science, mathematics, statistics, economics or related field, or the equivalent in related work experience
• Competitive candidates will have:
• Experience managing actuarial analysts
• Proficiency in VBA
• Proficiency in SQL, SAS, Python or R
• Proficiency in actuarial modeling software (e.g. GGY-AXIS, MG-ALFA, Poly Systems, etc.). GGY-AXIS actuarial modeling is strongly preferred.
• Strong analytical skills
• Strong understanding of actuarial rate making methodologies and practices
• Advanced understanding of financial reporting (e.g. GAAP, Stat, income statement, balance sheet, etc.)
• Perform actuarial pricing analysis independently and makes reasonable assumptions/judgments
• Understand and make observations on market implications of business strategies
• Creative problem-solver with strong quantitative skills that can spot patterns, trends, and opportunities in data
• Propose and implement improvements in actuarial methodologies and analyses
• Strong written and verbal communication skills to…