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Actuary I

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AFLAC

2021-12-03 09:03:25

Job location Columbus, Georgia, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Job Summary Under direct supervision, performs assignments intended to expose the incumbent to many facets of actuarial work; develops an understanding of the business and the departmental and company goals Principal Duties & Responsibilities

  • Performs actuarial tasks using extensive knowledge of mathematics and business principles while learning Pricing, Valuation, Financial Reporting, Business Planning, Capital Modeling, and/or Experience Analysis/Management concepts; conducts fact gathering and claims analysis; reviews and analyzes statistical data, including morbidity, mortality and termination experience, documentation, trend analysis, actuarial research; develops pricing and valuation models
  • Compiles and categorizes data for experience analyses and prepares related reports; prepares schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations; incumbent is instructed on all assignments and refers any question or problem to more experienced personnel
  • Performs other duties as required Professional - Education & Experience Qualification Level Education Degree Specification Minimum Required Bachelors Degree actuarial science, mathematics, computer science, or a related field Minimum Required completion of one Society of Actuaries (SOA) exam and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA) designation Minimum Required currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program Qualification Level Experience Minimum Required zero to one year of professional job-related work experience Or an equivalent combination of education and experience. Job Knowledge & Skills
  • Intermediate knowledge and skills in Microsoft Excel, Word and Access
  • Actuarial Competencies
  • Technical Knowledge & Skill - Basic Performs data analysis, synthesizes it into something meaningful, and develops materials and presentation of findings. Understands data limitations and considers influence of business processes, market segmentation strategies, and industry factors on analysis. Identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk.
  • Project Management - Basic Can effectively lead projects, including those with cross-functional accountabilities. Highly responsive to dynamic business needs while partnering with other functional or operational areas. Identifies and initiates projects suggested by business needs or strategies and reprioritizes work/seeks resources as necessary.
  • Communication - Basic Understand and explain business issues and potential solutions in a way that results in informed decision making. Proactively and routinely seeks out business partners to provide timely summary of practice area results. Has clear examples of delivering business concepts and messaging to a wide variety of audiences.
  • Business Knowledge & Acumen - Basic Aligns actuarial analysis and findings with the broader goals of the organization. Understands all of Aflacs products and business functions. Looks at problems from the overall business framework, rather than only a technical framework, and links the technical actuarial analysis to the bottom line.
  • Delivers Results - Basic Develops projects, plans, and priorities that are consistent with business initiatives and goals. Consistently achieves results, personally and through others that contribute business value. Develops actions that lead to stated business goals based on actuarial or financial findings.
  • Makes Effective Decisions - Basic Provides timely analysis to reach a recommendation, even with incomplete data; not averse to simply approximate an answer. Includes others in decision making as warranted to obtain good input and ensure buy-in for decisions. Evaluates options by considering implications and consequences -- makes decisions outside the bounds of ""the way its always been done.
  • Values Driven - Interacts with others in a way that gives them confidence in ones intentions. Listens with respect and objectivity even when others opinions conflict with ones own. Adheres to standards of professional conduct Organizational Competencies · Acting with Integrity - Clearly states goals and beliefs; lets people know his/her true intentions; does what he she said they would do; follows through on commitments · Communicating Effectively - Expresses ideas and information in a clear and concise manner; tailors message to fit the interests and needs of the audience; delivers information in a manner that is interesting and compelling to the listener · Pursuing Self-Development - Demonstrates ambition and desire to move forward in his/her career; engages others in discussions about career development; seeks feedback on ways to increase his/her performance; takes advantage of opportunities to build new skills and capabilities · Serving Customers - Builds strong relationships with customers; stays aware of customer needs, concerns and satisfaction; responds promptly to customer questions and requests; effectively manages customer expectations · Supporting Change - Enthusiastically participates in new change initiatives and programs; focuses on reasons why changes will work and how they will be beneficial · Supporting Organizational Goals - Actively supports organizational goals and values; demonstrates enthusiasm toward the companys goals and mission; aligns actions around organizational goals · Working with Diverse Populations - Shows respect for the beliefs and traditions of others; encourages and promotes practices that support cultural diversity; discourages behaviors or practices that may be perceived as unfair, biased, or critical toward people with certain backgrounds Working Conditions The statements below describe the general nature and level of the work and are not an exhaustive list of all responsibilities, duties, and skills required. Normal office environment (virtual or in-person) Travel ‰¤ 10% Career Progression Acknowledgement Career Progression Acknowledgement: Normal Career Progression - This is a normal career progression (NCP) position and incumbent may progress to the next level in the job family without further competition when there is an existing business need, qualifications identified in the job profile are met, advancement recommended by management, with human resources approval, and in accordance with company guidelines.

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