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Junior Actuary- Life Pricing and Development

  • Job type: Permanent
  • Location: Chicago
  • Salary: $96000 - $132000 per annum
  • Job reference: JDC72763
  • Sector: Actuarial, Insurance, Selby Jennings
  • Date posted: 19/01/2018
Associate Actuary Life Pricing and Development 3 or more years of experience

My client is a top US Life Insurance firm is searching for a Pre-ASA to ASA actuary to join a growing Life Product development team. This role will regularly interact with senior executives and chief actuarial staff. The ideal candidate will come from a strong Life Insurance background and has around 3 or more years of experience in Life Product pricing and development.  The opportunity provides unique exposure to senior level management and maximum growth potential.

Responsibilities Include:
  • Develop prices and rates for life products- both perm and term
  • Work hand in hand with Product and Marketing teams to better understand product needs and develop pricing models
  • Create and maintain analyses for all life products; including recommendations for increasing profitability and marketability of products
  • Assisting with life product systems work occasionally
Skills & Experience Required:
  • Bachelor degree or higher
  • 3 years minimum of actuarial life pricing experience
  • ASA (or working towards) and or MAAA designations
  • Familiarity with SAS or MG-ALFA software
  • Stellar interpersonal skills
  • Incredible communication skills
  • Ability to be innovative and solve practical problems 
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