- Leads the preparation and interpretation of actuarial information for presentation to management.
- Monitors profitability by line of business and/or product and develops supporting reports and/or analyses.
- Maintains the product line or corporate process to comply with various state and federal regulations.
- Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
- May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development.
- Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace. Recommends appropriate reactions to these developments.
- Provides guidance and advice regarding pricing rates, modeling methodology, or reserving and related matters.
- Serves as a key resource for completion of one or more major recurring projects during the course of the year.
- May supervise a team of employees.
Qualifications
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience, In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience.
- In lieu of FSA will accept ASA or equivalent professional designation and 12 years of relevant experience.
- Demonstrates high quality leadership, judgment, organization and prioritization skills.
- Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
- Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
- Excellent computer skills.
Preferred Qualifications
- Programming skills and SQL query writing experience.
- Product pricing or valuation experience with group voluntary health products (Critical Illness, Accident, Hospital Indemnity).
Working Conditions
- Normal office environment or remote work from home. Limited travel may be required.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
Compensation
The US salary for this position generally ranges between $135,000 - $175,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally in the US, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.
Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of persons and are dedicated to creating a respectful and inclusive work environment.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
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Working at
Aegon
Aegon is a prominent global leader in the insurance and financial services industry, with a strong presence in over 20 countries. With a rich history spanning more than 175 years, Aegon has established itself as a trusted provider of innovative and reliable solutions to meet the diverse needs of its customers. As an actuary at Aegon, you will be an integral part of a dynamic team that drives the company's success through comprehensive risk assessment and management. Aegon values the expertise and insights of its actuaries, who utilize advanced analytical tools and methodologies to evaluate risks, develop pricing strategies, and ensure the financial stability of the company. With a diverse portfolio encompassing life and health insurance, retirement planning, and asset management solutions, Aegon offers actuaries a wide range of opportunities to apply their skills and make a meaningful impact. Collaborating with talented professionals, you will work on complex projects and contribute to the company's growth. Aegon is committed to nurturing professional development and provides actuaries with ongoing training and support to enhance their skills and expertise. The company fosters a culture of innovation, encouraging employees to bring forth fresh ideas and drive positive change. Join Aegon's esteemed actuarial team and embark on a fulfilling career where you can contribute to the financial security and well-being of individuals and businesses worldwide. Experience a stimulating work environment, competitive benefits, and the opportunity to shape the future of the insurance industry.