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Assistant Actuary, Product Performance

Kalos Consulting, Inc.

Assistant Actuary, Product Performance

Frederick, MD
Full Time
Paid
  • Responsibilities

    Grow your actuarial talent with this Global firm who truly values your contributions!

    Company Highlights

    • Our client is one of the most financially sound Life Insurers with a global presence.
    • They are among the top 5 providers in the United States, servicing 1.3 million customers.
    • This is a large firm with a small company feel that offers great potential for advancement.

    How the Company Appreciates You

    In addition to a comprehensive benefits package, this firm offers:

    • Two volunteer days per year to work in a school or at another community-based event.
    • Company sponsored athletic teams to provide a work-life balance while instilling teamwork.
    • Just for Fun days, such as family picnics, ice cream days and jean days.

    The Role You Will Play

    • The Assistant Actuary, Product Performance will design and build actuarial analyses to evaluate the performance of existing underwriting practices assessing impact on expected mortality, new business, and company costs.
    • This role will develop a good understanding of firm’s automated underwriting engine, and proactively identify areas for improvement.
    • The Assistant Actuary, Product Performance will collaborate with Underwriting, Pricing, Product Development to develop the underwriting and risk control for new products developed by the company for its distribution partners.
    • With superior communication skills, the Assistant Actuary, Product Performance will effectively delegate work within Product Performance and provide regular progress reports to Head of Product Performance.

    Community Highlights

    • This opportunity is based at the firm’s office in Frederick, Maryland.
    • Frederick is located along the Potomac River between southern Maryland and northern Virginia, inland from Chesapeake Bay.
    • Frederick was ranked #1 Most Secure Large City by Farmers Insurance ratings, and is also rich in arts, culture, and history.

    Background Profile

    • Associate, Society of Actuaries (ASA)
    • 4+ years of actuarial experience including experience in life insurance
    • Expertise in actuarial modeling (GGY-AXIS, MG-ALFA)
    • Working knowledge of data manipulation (R, Excel, Tableau)
    • Proficient in drafting documents and reports
    • Bachelor’s Degree in Math/Statistics/Actuarial Science/Data Science