Jobs · Finance · Michigan

Senior Life Actuary

FinanceFull-time

Responsibilities

  • Oversight and monitoring of monthly and annual experience studies, making recommendations for modeling assumptions.
  • Overseeing the monitoring of major pricing assumptions for all products.
  • Designing and pricing new products in alignment with corporate objectives and needs.
  • Maintaining up-to-date information on products offered by other life insurance companies.
  • Overseeing and developing recommendations for interest rates and other non-guaranteed elements for existing products.

Qualifications

  • Bachelor's degree in mathematics, statistics, or actuarial science.
  • Five years of life actuarial experience required.
  • Working knowledge of Microsoft Office products (e.g., Word and Excel).
  • Willingness to pursue continuing education in actuarial fields.
  • Completion of the Associate of the Society of Actuaries (ASA) designation required.
  • Seven years of life actuarial experience preferred.
  • Experience in pricing, multivariate analysis, and reserving preferred.
  • Completion of the Fellow of the Society of Actuaries (FSA) designation preferred.
  • Familiarity with FIS Prophet modeling experience is preferred but not mandatory.

Benefits

Note: Farm Bureau offers a comprehensive benefits package which includes medical, dental, vision, and a 401K plan.

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