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Posted: Sunday, September 3, 2017 9:44 AM

If you want to make a positive difference and stand out from the crowd, youA?ll fit in at The Standard (Through our retirement plans and insurance products and services, we help people achieve financial well:being and peace of mind. Come join us and share our passion for serving our customers in a positively different way. Acceptance to a position in this job family constitutes participation in the Actuarial Student Program at The Standard. The mission of the Actuarial Student Program is to grow actuarial knowledge, business acumen and leadership skills in our Actuaries to enable the achievement of organizational goals. Actuarial students are expected to progress through the levels of the job family based on academic/exam achievements and by developing their analytical skills, independent decision making, and effective communication and leadership skills. Candidates will be considered for Actuarial Assistant or Senior Actuarial Assistant. Compensation will depend on experience, exams and qualifications Below are typical functions of the actuarial job family. Actual responsibilities may vary based on the business line the position resides in, and the level of the position. Pricing/Underwriting: Develop and maintain pricing for premium rates and fees. Analyze emerging profit as compared to pricing assumptions. Perform specialized pricing/underwriting for large cases or unique blocks of business. Set interest rate crediting policies and assumptions based on research and analysis. Valuation: Calculate reserves and liabilities in accordance with regulatory requirements and applicable actuarial and accounting standards. Review and maintain actuarial assumptions relevant to area of practice (e.g. mortality, morbidity, valuation interest rates), adhering to actuarial and industry standards. Test the adequacy of reserves and formulate recommendations on reserve adequacy/methodology or liability funding requirements to management. Actuarial/Experience Studies; Financial Modeling/Asset Liability Management (ALM)/Risk Management: Gather, analyze and develop strong understanding of profitability, growth, ALM requirements, risk, customer retention, and expense trends, utilizing company, industry and capital market data as necessary. Create and maintain models used in the analysis of ALM, risk management, income projection and regulatory requirements. Communicate findings to management and provide quantitative knowledge for business/investment/financial strategies. Product Development: Collaborate with sales, marketing and other functional areas on the financial soundness and feasibility of new products. Research, design and implement new products or product enhancements. Analyze new product profitability to achieve corporate/division income and growth goals. Financial Reporting/Regulatory: Prepare the actuarial portion of financial statements following GAAP, statutory or tax reporting principles. Analyze financial results of the corporation/division and identify drivers of earnings trends. Communicate financial information to management to assist and influence corporate/division financial strategies. Research complex regulatory issues, determine applicability to situation, and design effective methods to implement required procedures and communicate with affected parties. Data Analysis/Information Systems: Extract, analyze and prepare data for use in actuarial modeling. Analyze, interpret and present numerical data related to pricing, reserves and other actuarial analysis. Run, maintain and understand actuarial software and applications. Design, implement and maintain open:source code applications for use in the analysis of financial risks. Cross Collaboration: Communicate and collaborate with various departments across the organization to meet business needs. Using data and analysis, provide strategic guidance in influencing management decision making. Actuarial Exams: Prepare for and pass actuarial exams and maintain continuing education

Source: https://www.tiptopjob.com/jobs/71612650_job.asp?source=backpage


• Location: Portland

• Post ID: 22777162 portland
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