Life Pricing Actuary at Demand Drive Solutions Pvt Ltd (An ISO 27001:2022 Certified Company) in Illinois City, IL, United States

Job description

• Job description

Responsibilities

• As a Senior Actuarial Analyst, you will develop and maintain actuarial models to design and price life, health, and annuity products. You will utilize your knowledge to consult and influence management towards courses of action that have impact on products/pricing, modeling, profitability, underwriting, administration, and risk management. You will communicate with different functional areas directly about various projects to meet deadlines. Continued progress towards actuarial designations through the Society of Actuaries is encouraged.
• This position is open to fully remote candidates, based on location.
• Be proficient with actuarial pricing models and complete work independently.
• Be familiar with relevant laws, regulations and guidelines and ensure contracts and annual testing such as illustration regulations are compliant.
• Communicates results to management, verbally, in writing or in presentation form. Documents work according to actuarial standards of practice.
• Works towards actuarial designation from the Society of Actuaries.

Requirements

• Minimum of 5+ years life pricing experience working with Life and/or Annuity products REQUIRED.
• Most incumbents have completed most, if not all, coursework for attaining Associateship (ASA) (5 - 6 exams/online courses).
• We are still accepting candidates, Please do not Apply to this posting unless you have minimum of 5+ years of actuarial pricing (not valuation or modeling) experience specifically working with Life and/or Annuity products.

Skills

Required

• Actuarial pricing models
• Life and/or Annuity product pricing