Actuarial Liaison II

About the role

Fidelity Security Life Insurance Company ®, and its affiliates (“FSL”), is a profitable and growing organization that offers many of the industry’s most innovative individual and group supplemental health and life insurance products to clients, corporations, employers, and individuals, specializing in customized insurance products for niche markets. The Actuarial Liaison II supports rate and pricing related aspects of the development, implementation, and ongoing management of FSL’s group health and life insurance products in accordance with FSL’s objectives.

Responsibilities

• Coordinate and communicate FSL’s health and life insurance pricing and product evaluation activities with actuarial consultants
• Prepare generic and state specific actuarial memoranda and rate filing documents for pricing actuaries to review and sign
• Aid with state rate filings and responses to state objection letters
• Update the department’s documentation of rate and actuarial material filings and conditions of approval
• Ensure rate related documents are organized and saved in the department’s electronic product folders
• Build, modify, and test rate calculators and spreadsheets
• Calculate and prepare gross premiums upon request
• Aid with coordinating the development and implementation of quoting software and other tools by external parties
• Aid in ensuring department created rating tools are easily identified and up to date based on current rates, state availability, and regulations
• Aid in training new Actuarial Liaison and other support staff
• Research and document state insurance department rate filing requirements
• Prioritize assigned projects and deadlines
• Provide management with regular updates on status of assigned tasks
• Clear, concise, and professional communications
• Accurate and timely completion of work

Qualifications

• Bachelor's degree
• Working knowledge of supplemental health, disability and life insurance product pricing, design, compliance, and implementation concerns
• Expert in use of Microsoft Excel
• 2+ years of experience working with Insurance Rate Compliance
• Successful completion of mathematics coursework preferred
• Successful completion of actuarial science coursework beneficial

Skills

• Proficient use of Microsoft Office software, including Word and Excel
• Excellent organization, math, critical thinking, and problem-solving skills
• Strong communication skills with customer service orientation
• Strong research skills (search, investigation, and critical analysis)
• Experience with researching state rate filing and compliance requirements
• Can identify the key components of actuarial memorandums for life and supplemental health insurance products
• Self-Motivated/Self-Starter
• Detailed, Accurate, and Efficient
• Successfully interacts with external clients and internal departments at all organizational levels
• Capability to see projects in totality and ensure team-oriented success in a complete and timely manner

Benefits

We offer comprehensive benefits to full-time employees including company-paid medical, STD, LTD and life insurance; plus voluntary dental, vision, life/AD&D insurance, 401(k) with company matching, generous paid time off and much more.