What are the responsibilities and job description for the Lead Actuary - Employee Benefits position at Alliant?
SUMMARY
Responsible for conducting analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, and principles of finance and business to calculations in life, health, social and casualty insurance, annuities, and pensions.
ESSENTIAL DUTIES AND RESPONSIBILITIES
• Provides business leadership, analytical expertise, and process oversight for significant strategic initiatives;
• Prepares and analyzes various reports to identify trends and deviations;
• Conducts analysis by qualitatively and/or quantitatively analyzing data and information, including exploratory data analysis, graphing, forecasting and modeling;
• Analyzes and documents complex data and business problems and provides recommendations based on research of performance analysis and business products for optimal business solutions;
• Develops reports, presentations and proposals for action and/or implementation plans and presents to management to assist in decision making;
• Performs quality assurance checks/peer reviews on the work of other team members/departments;
• Reviews and evaluates existing procedures and operations in assigned area; makes recommendations regarding improvements;
• Manages key actuarial projects;
• Trains or provides guidance to team members;
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
• Infrequent travel required 10% - 20% of the time;
• Other duties as assigned.
QUALIFICATIONS
EDUCATION / EXPERIENCE
Bachelor's Degree in Actuarial Science, Mathematics, Statistics or related quantitative field
Fifteen (15) or more years related work experience
Fellowship in the Casualty Actuarial Society (FCAS)
Fellowship in the Society of Actuaries (FSA)
SKILLS
Excellent verbal and written communication and presentation skills
Proven ability to apply actuarial techniques and standards to complex business problems
Excellent planning, organizational, and prioritization skills
Excellent analytical, problem solving and time management skills
Possess high level of accuracy and attention to detail
Ability to work independently and within a team and to foster teamwork
Advanced knowledge of insurance or financial principles and concepts
Proficient in Microsoft Office products; expert level in Excel
