Actuary I

About the role

We are seeking an Actuary I to join our team. As part of the Aflac family, you will be responsible for performing actuarial tasks using extensive knowledge of mathematics and business principles while learning Pricing, Valuation, Financial Reporting, Business Planning, Capital Modeling, and/or Experience Analysis/Management concepts. Your primary duties will include conducting fact gathering and claims analysis, reviewing and analyzing statistical data, developing pricing and valuation models, compiling and categorizing data for experience analyses, and preparing related reports.

Responsibilities

• Conducts fact gathering and claims analysis
• Reviews and analyzes statistical data, including morbidity, mortality and termination experience, documentation, trend analysis, actuarial research
• Develops pricing and valuation models
• Compiles and categorizes data for experience analyses and prepares related reports
• Performs other duties as required

Requirements

• Intermediate knowledge and skills in Microsoft Excel, Word and Access
• Intermediate knowledge and skills in Pricing, Valuation, Financial Reporting, Business Planning, Capital Modeling, and/or Experience Analysis/Management concepts

Qualifications

• Bachelor’s Degree in actuarial science, mathematics, computer science, or a related field
• Completion of one Society of Actuaries (SOA) exam and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA) designation
• Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
• Zero to one year of professional job-related work experience

Skills

• Technical Knowledge & Skill - Basic Performs data analysis, synthesizes it into something meaningful, and develops materials and presentation of findings. Understands data limitations and considers influence of business processes, market segmentation strategies, and industry factors on analysis. Identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk.
• Project Management - Basic Can effectively lead projects, including those with cross-functional accountabilities. Highly responsive to dynamic business needs while partnering with other functional or operational areas. Identifies and initiates projects suggested by business needs or strategies and reprioritizes work/seeks resources as necessary.
• Communication - Basic Understand and explain business issues and potential solutions in a way that results in informed decision making. Proactively and routinely seeks out business partners to provide timely summary of practice area results. Has clear examples of delivering business concepts and messaging to a wide variety of audiences.
• Business Knowledge & Acumen - Basic Aligns actuarial analysis and findings with the broader goals of the organization. Understands all of Aflac's products and business functions. Looks at problems from the overall business framework, rather than only a technical framework, and links the technical actuarial analysis to the bottom line.
• Delivers Results - Basic Develops projects, plans, and priorities that are consistent with business initiatives and goals. Consistently achieves results, personally and through others that contribute business value. Develops actions that lead to stated business goals based on actuarial or financial findings.
• Makes Effective Decisions - Basic Provides timely analysis to reach a recommendation, even with incomplete data; not averse to simply approximate an answer. Includes others in decision making as warranted to obtain good input and ensure buy-in for decisions. Evaluates options by considering implications and consequences -- makes decisions outside the bounds of ""the way it's always been done”.
• Values Driven - Interacts with others in a way that gives them confidence in one's intentions. Listens with respect and objectivity even when others' opinions conflict with one's own. Adheres to standards of professional conduct

Benefits

• Total Rewards: Salary range $65,000 to $80,000. Benefits include medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee), 401(k) plans, annual bonuses, and an opportunity to purchase company stock.
• Paid holidays: 11
• PTO: Up to 20 days
• Sick leave: State-mandated, Washington employees accrue 1-hour sick leave for every 40 hours worked

Pay

The salary range for this job is $65,000 to $80,000. This range is specific to the job and salary offers consider a wide range of factors that are considered in making compensation decisions, including, but not limited to: education, experience, licensure, certifications, geographic location, and peer compensation. The range has been created in good faith based on information known to Aflac at the time of the posting.

Schedule

This role is hybrid. You will be expected to report to one of our Aflac offices located in Columbus, GA for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.