Actuarial Services Director jobs in Kansas
Actuarial Services Director directs the activities of an organization's actuarial function. Oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Being an Actuarial Services Director develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Designs processes and guidelines to ensure regulatory compliance of products and financial operations. Additionally, Actuarial Services Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Actuarial Services Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Actuarial Services Director jobs
- Security Benefit Business Services / Everly Life
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Topeka, KS
FULL_TIME
- Security Benefit is seeking an Actuarial Support Lead Analyst to join the Business Analytics and Data Analysis team under the Data Organization. This position may be based in Topeka, KS, Overland Park, Kansas, or remote for the right candidate. SB associates are working in a hybrid environment with both remote and on-site work. Who Are We? Through a combination of product innovation, exceptional investment management, and a unique distribution strategy, Security Benefit has become a leader in the U.S. retirement industry. For more than five decades, we’ve focused our expertise solely on this market, providing a broad suite of annuities and mutual fund programs to help customers from coast to coast align their assets with their aspirations. What Does the Job Look Like? A seasoned Actuarial Lead Analyst is responsible for leading the data requirements, development, support, and maintenance of the Actuarial team’s data needs to accurately provide financial data for the team’s needs. Collaborate with Actuaries to build and improve on the availability, integrity, accuracy, and reliability of data logging and data pipelines. This position is also responsible for assisting with Product Governance and working with key stakeholders to ensure product information is captured correctly for the Enterprise. This role involves consistent collaboration and communication with the Data Office and other IT areas and will provide updates to Actuarial Department and leadership on the status/progress of key issues. Lead use case designs and assist with improving existing data processes to expand the scope of the data program in support of the Actuarial Department. In collaboration with the Actuarial Modeling team, test new requirements, fields, and assist in validating data for new models. Work cross functionally to ensure that data processes are aligned with industry best practices and stakeholder needs. Assist with planning for future data updates, indicators, etc. and share/gain feedback from the rest of the department. Automate current Actuarial processes, including but not limited to Reserves, Trend, Forecasting, and Pricing. Regularly monitor issues surrounding Actuarial data and processes, making sure solutions continue to work and are well documented. Ensure a state of audit readiness and effectively communicate internally and externally any database issues and how that can impact business processes. Support activities with respect to data integration & preparation. Who Are You? Minimum of eight (8) years of experience with data management, programming, or analytics, preferably in insurance or related field; prefers 5 years of data reporting experience. Requires knowledge of data analysis, Actuarial principles, and understanding interdependencies among data. Ability to work with business end-users within Actuarial and Finance, Business Analysts and all levels of the organization including senior leadership. Gather requirements, apply strong analysis and design skills to build product and system specifications. Strong analytical, problem-solving, written and verbal communication. Responsible for understanding and complying with laws and regulations that are applicable to the job function. Responsible for understanding and complying with company policies and procedures that are applicable to the job function. Willing to take a lead role in projects and initiate process change/improvement. What Security Benefit Can Offer You? Security Benefit offers a competitive salary and as a full-time employee you are eligible for our robust benefits package including: Employees are eligible for an annual incentive bonus designed to reward for performance. 33 days of paid time off for PTO, paid holidays, days of Significance, and a Volunteer Day Paid parental leave eligible after one year of service Medical, Dental & Vision Insurance 401k with company match Profit Sharing & Savings Plan Short-term and long-term disability insurance Flexible spending account Life insurance Educational Assistance Associate Assistance Programs Career growth and more! Consider joining our progressive team in our nationally recognized company. Visit the career section of our website at www.securitybenefit.com/careers to apply and submit your resume. EOE
- 18 Days Ago
- Security Benefit Business Services / Everly Life
-
Topeka, KS
FULL_TIME
- Security Benefit (SB), a leader in the retirement saving and income solutions market, is seeking an Intern-Actuary to work in the Statutory Valuation Team. This position will work in our home office i...
- 1 Month Ago
- House Director Professionals
-
Lawrence, KS
CONTRACTOR,FULL_TIME
- Our House Director helps to make our chapter facility feel like home and takes pride in providing welcoming, inclusive, and secure spaces. The individual in this role enjoys creating and maintaining i...
- 2 Days Ago
- TFI Family Services, Inc.
-
Humboldt, KS
FULL_TIME
- Description***Sign On Bonus $5,000*** ****Average salary is $73, including wage, incentives, bonuses, overtime, shift differential, etc.) **** ***This position has Remote capabilities but does require...
- 20 Days Ago
- TFI Family Services, Inc.
-
Saint Paul, KS
FULL_TIME
- Description***Sign On Bonus $5,000*** ****Average salary is $73, including wage, incentives, bonuses, overtime, shift differential, etc.) **** ***This position has Remote capabilities but does require...
- 20 Days Ago
- Armed Forces Insurance
-
Leavenworth, KS
FULL_TIME
- Actuarial Analyst I - Pricing Starting salary $59,966-$69,960, Depending on Experience This start date for this position is Spring of 2024. Our Company: Since 1887, Armed Forces Insurance (AFI) has ex...
- 11 Days Ago
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