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Actuary II
Columbus, Georgia
Full time
Position: Actuary II
Location: 1932 Wynnton Rd., Columbus, GA 31999
Duties:
- Play a crucial role as an actuary in helping organizations make informed financial decisions by analyzing data and projecting future financial outcomes by applying foundational knowledge of the business, its products and processes.
- Use statistical and mathematical methods to assess and manage financial risks including identifying critical areas to monitor and suggest timely remedies to correct or prevent unfavorable trends.
- Know standard concepts, practices, and procedures to plan and accomplish goals with a certain degree of creativity and latitude aided by supervisor where limited experience exists.
- Collaborate with other departments, such as finance, marketing, and legal, to integrate actuarial considerations into overall business strategies and identify appropriate issues for escalation to more experienced team members.
- Develop and maintain financial models to simulate different scenarios and predict future financial conditions.
- Utilize statistical techniques and software to analyze large datasets and extract meaningful insights.
- Communicate complex actuarial concepts and findings to non-technical stakeholders, such as executives, clients, or regulatory authorities.
- Stay informed about industry trends, advancements in actuarial science, and changes in financial markets.
- Pursue professional development opportunities, such as continuing education and professional certifications.
- Collect, organize, and manage large sets of data for analysis.
- Ensure data quality and accuracy to produce reliable results.
- Identify challenges and provide creative solutions to complex financial problems.
- Use analytical skills to address unexpected issues and adapt financial plans accordingly.
- Must have a Bachelor’s degree in Actuarial Science, Mathematics, or related quantitative discipline.
- Work or educational background must have included demonstrated proficiency with:
- Coding models in various applications, including Excel, Microsoft Word, VBA, SQL, R, Igloo, ResQ, and MG-ALFA.
- Performing data analysis, synthesizing it into something meaningful, and developing materials and presentation of findings.
- Understanding data limitations and considering influence of business processes, market segmentation strategies, and industry factors on analysis.
- Identifying, setting, and defending actuarial and financial assumptions.
- Developing, enhancing, and delivering actuarial and financial models that effectively evaluate risk.
- Data analysis, converting qualitative data into quantitative data through monthly reports to users.
- Accessing risk and helping formulate solutions that minimize the risk on companies and clients.
- Applying actuarial models for life contingent risks, including survival models, life tables, life insurance and annuity benefits, premium and reserve calculations
- Utilizing tools and techniques used by insurance companies and the investment process within the insurance industry.
- Analyzing statistical distributions with applications
- Applying estimation and inference with statistical methods and models
- Applying tools for pricing and reserving for short-term insurance, including actuarial model calculations, statistical model fittings, and parametric model selections.
- Must have completed at least three (3) of the following society of Actuaries (SOA) exams: Models for Life Contingencies (MLC), Advanced Long-Term Actuarial Mathematics (ALTAM), Probability (P), Financial Mathematics (FM) , working towards an Associate of the Society of Actuaries (ASA) designation.
- Position may be eligible to work hybrid/remotely but is based out of and reports to Aflac offices in Columbus, GA. Must be available to travel to Columbus, GA regularly for meetings and reviews with manager and project teams within 24-hours’ notice.
Apply online https://careers.aflac.com/ or email resume to Adam Atkinson, Associate Counsel, Aflac, aatkinson@aflac.com