Actuary Job at Insight Global

Insight Global Remote

$90,000 - $129,000 a year

Must Haves:

  • Bachelor's Degree
  • Completad 1-2 actuarial exams
  • 3-5 years of experience as an Actuarial Analyst in pricing
  • Life insurance products experience with commercial line. Such as Term/WL/UL/Annuities
  • Knowledge of insurance industry terminology and concepts, specifically related to commercial lines in life insurance.
  • Preparing competitive product and rate comparison analysis reports
  • Completing actuarial research relating to insurance operations

Plusses:

  • Bachelor's Degree - Actuarial Science, Mathematics, Finance, Statistics or related.
  • ASA accreditation
  • Strong desire for experience with GMxB and/or indexed features or living benefits
  • Data skills

Day to Day:

Insight Global is looking for an Actuarial Analyst to support a Product Development team. This person will be responsible for things such as pricing products, performing full valuations, and/or preparing all facets of testing models. Requires regular communication and consultation with managers of systems, administration, sales, finance and underwriting departments. Responsibilities include:

  • Building and maintaining product pricing models
  • Conducting peer review of assumptions, models and results
  • Actively participating in the testing and implementation of products/reprices
  • Do post-launch validation and monitoring
  • Assesses market competitiveness on product features and pricing
  • Create and maintain documentation and cross train others in the department

Day to Day %:

  • 50% - building and maintain pricing models for life insurance products. Sensitivity testing, monitoring inforce products and making sure the results in the model are profitable and correct
  • 30% - implementation; working with IT to implement the product into the system and troubleshoot any issues
  • 20% - writing support to other areas (claims and other services about policy calculations)

Job Type: Full-time

Pay: $90,000.00 - $129,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 8 hour shift
  • Monday to Friday

Supplemental pay types:

  • Bonus pay

Application Question(s):

  • What is your knowledge of insurance industry terminology and concepts, specifically related to commercial lines in life insurance? And what products have you worked with in the life insurance industry?

Education:

  • Bachelor's (Required)

Experience:

  • Actuarial Analyst: 3 years (Required)

License/Certification:

  • ASA (Preferred)

Work Location: Remote




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