Actuarial Associate

at  AAA Life Insurance Company

Overview:
AAA Life is seeking to hire an Associate Actuary to support our 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:

• Builds and maintains product pricing models
• Conducts peer review of assumptions, models and results
• Actively participates in the testing and implementation of products/reprices
• Does post-launch validation and monitoring
• Assesses market competitiveness on product features and pricing
• Creates and maintains documentation and cross trains others in the department

Qualifications:

• 3-5 years experience
• Near or recent ASA
• Pricing or Modeling or Valuation experience with our product lines (Term/WL/UL/Annuities) required. Pricing or modeling is preferred.
• Strong communication skills
• Strong desire for experience with GMxB and/or indexed features or living benefits
• Data skills a plus

• Builds and maintains product pricing models
• Conducts peer review of assumptions, models and results
• Actively participates in the testing and implementation of products/reprices
• Does post-launch validation and monitoring
• Assesses market competitiveness on product features and pricing
• Creates and maintains documentation and cross trains others in the departmen