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Actuary

Job title: Actuary

Location: [Company location]

Reports to: [Chief Actuary or Actuarial Manager]

Employment type: [Full-time]

Job summary:

We're looking for an Actuary to measure and price risk for [life, health, property and casualty, or pension] products at [company name]. The right person builds sound models, explains results clearly, and is progressing through SOA or CAS exams.

Actuaries help the company price products correctly and hold the right reserves. Accurate actuarial work protects profitability, meets regulatory rules, and keeps promises to policyholders.

Key responsibilities:

  • Build and maintain pricing and reserving models in [Prophet, AXIS, R, or Python].
  • Analyze claims, mortality, morbidity, or loss data to set assumptions.
  • Calculate reserves and support quarterly and annual valuations.
  • Price new products and review rates for existing ones.
  • Prepare rate filings and actuarial memos for state insurance regulators.
  • Run experience studies and compare actual results with expected results.
  • Support financial reporting under statutory accounting and US GAAP, including LDTI for [long-duration life and annuity] contracts.
  • Test model results and document methods and assumptions.
  • Present findings to underwriting, finance, and leadership teams.
  • Stay current on NAIC rules and actuarial standards of practice.
Qualifications:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Progress toward [ASA or ACAS] credentials [or IFoA (UK), Actuaries Institute (AU), or IAI (India) exams].
  • [X]+ years of actuarial experience.
  • Strong Excel skills and experience with SQL, R, or Python.
  • Experience with actuarial software such as Prophet, AXIS, or MG-ALFA.
  • Knowledge of statistics and probability.
Skills:
  • Actuarial modeling.
  • Statistical analysis.
  • Programming for data analysis.
  • Clear written reports.
  • Problem-solving.
  • Explaining technical results to non-actuaries.
Nice to have:
  • Fellowship (FSA or FCAS) [or FIA (UK), FIAA (AU), or FIAI (India)].
  • Experience with predictive modeling.
  • Experience in [line of business].
Benefits:
  • [Health, dental, and vision insurance, or private medical cover]
  • [Retirement plan, such as a 401(k), pension, or superannuation]
  • [Paid time off and holidays]
  • [Paid exam study time and exam fee coverage]
  • [Salary range]

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