Associate Actuary

About the role

This job is a senior level actuarial analyst position. Participates in Highmark’s Actuarial Executive Development Program and is expected to make continued progress towards actuarial credential. Utilizes experience and industry knowledge to define & diagnose a problem, outline data requirements for a study or analysis, and devise potential solutions. Guides and mentors less experienced staff and provides decision support to team members while initiating and leading the development of actuarial studies, analyses, and presentation materials needed to appropriately inform decision makers and making appropriate recommendations to management.

Responsibilities

• Define & diagnose a problem.
• Outline data requirements for a study or analysis and devise potential solutions.
• Review the appropriateness of the results in light of experience and industry knowledge.
• Consider alternate explanations or viewpoints before drawing conclusions.
• Create studies, analyses, and presentation materials needed to appropriately inform decision makers.
• Make appropriate recommendations to management across teams within the actuarial department.
• Proactively ensure the internal and external consistency of all work.
• Use industry knowledge to perform reasonability checks as well as exceed customer expectations.
• Identify methods to test whether suspect results are correct.
• Take the initiative to utilize internal and external knowledge forums to gain broader industry perspective.
• Demonstrate subject matter expertise, and as a result is sought out by others for technical input on producing accurate and efficient work.
• Promptly and efficiently identify outliers and anomalies in the work of others.
• Seek continual feedback from manager and others in order to advance personal development and career goals.
• Understand the environment, goals, and objectives of the incumbent's own position, their team, and all internal customers.
• Use experience and industry knowledge to envision and implement new processes and propose changes to existing processes, leading to improved outcomes that better conform to corporate goals, objectives, and values.
• Demonstrate a capacity to shift between “big picture” and “detailed” thinking when analyzing issues and their strategic importance.
• Independently manage own time and resources across many projects.
• Demonstrate responsiveness, flexibility, and ability to independently prioritize when shifting from one task to another.
• Comfortable in a dynamic, changing environment.
• Approach new challenges with anticipation and a view towards success.
• Carry out recurring projects with minimal assistance and oversight.
• Keep manager informed.
• Interact with stakeholders in a manner that fosters cooperation and teamwork while conveying engagement and competence.
• Enhance department influence by providing responsive service and understanding customer needs.
• Effectively explain technical work to both technical and non-technical people and provide decision support to team members.
• Correctly interpret direct and indirect messages and verbal and non-verbal behaviors and respond appropriately.
• Guide and mentor less experienced staff on a regular basis in a manner that fosters teamwork and excellence.
• Listen, take direction, accept criticism and feedback and adjust behavior accordingly to improve performance.
• Deliver high-quality work and meet deadlines.
• Work collaboratively with cross-functional teams.
• Contribute to team success through active participation and collaboration.
• Take ownership of tasks and projects.
• Adapt to change and embrace new opportunities.
• Stay current with industry trends and developments.
• Participate in professional development activities and certifications.

Requirements

• Required: Bachelor’s Degree or its equivalent in Actuarial Science, Mathematics, Statistics or closely related discipline.
• Preferred: Master's Degree or its equivalent in Actuarial Science, Mathematics, Statistics or closely related discipline.
• Required: 3 years experience in an Actuarial role.
• Preferred: 10 or more Exam Components.

Qualifications

• Possesses and applies an in-depth knowledge of actuarial principles, concepts, practices and processes within multiple fields or disciplines.
• Possesses significant expertise to complete complex assignments and ability to visualize, articulate, and solve complex problems while leading others to complete straightforward assignments.
• Analytical Skills.
• Oral & Written Communication Skills.
• Problem-Solving.

Skills

• Possesses and applies an in-depth knowledge of actuarial principles, concepts, practices and processes within multiple fields or disciplines.
• Possesses significant expertise to complete complex assignments and ability to visualize, articulate, and solve complex problems while leading others to complete straightforward assignments.
• Analytical Skills.
• Oral & Written Communication Skills.
• Problem-Solving.

Benefits

N/A

Skills

• Possesses and applies an in-depth knowledge of actuarial principles, concepts, practices and processes within multiple fields or disciplines.
• Possesses significant expertise to complete complex assignments and ability to visualize, articulate, and solve complex problems while leading others to complete straightforward assignments.
• Analytical Skills.
• Oral & Written Communication Skills.
• Problem-Solving.

Pay

Minimum $86,400.00. Maximum $138,600.00.

Schedule

N/A