Actuarial Liaison
About The Position
The Actuarial Liaison assists with rate-related aspects of the development, implementation, and ongoing management of Fidelity Security Life Insurance Company’s group health and life insurance products in accordance with company objectives. The role coordinates the development and modification of product rates by working with contracted actuaries and actuarial firms, marketing partners, and internal actuarial, underwriting, compliance, administration, and marketing staff. The position supports state rate filings and related documentation, tests rate calculators, calculates gross premiums upon request, and researches state insurance department filing requirements. The Actuarial Liaison prioritizes assignments with management, provides progress updates, and completes work accurately and on time while communicating professionally.
Requirements
- Bachelor’s degree.
- Basic knowledge of supplemental health, disability, and life insurance products.
- Basic understanding of insurance product pricing.
- Expert proficiency in Microsoft Excel.
- Proficient use of Microsoft Office software, including Word and Excel.
- Strong organization, mathematics, critical-thinking, and problem-solving skills.
- Strong communication skills and a customer-service orientation.
- Basic research skills, including searching, investigation, and critical analysis.
- Self-motivated and able to work as a self-starter.
- Detailed, accurate, and efficient work habits.
- Ability to interact successfully with external clients and internal departments at all organizational levels.
- Ability to understand projects in their entirety and support team-oriented, timely completion.
Nice To Haves
- Insurance rate compliance experience preferred.
- Successful completion of mathematics coursework preferred.
- Successful completion of actuarial science coursework is beneficial.
Responsibilities
- Assist with preparing state-specific actuarial memoranda and rate filing documents for review and signature by pricing actuaries.
- Assist with state rate filings and responses to state objection letters.
- Update documentation of rate and actuarial material filings and conditions of approval.
- Organize and save rate-related documents in the department’s electronic product folders.
- Test rate calculators for FSL products, including online and Excel versions.
- Calculate and prepare gross premiums upon request.
- Research and document state insurance department rate filing requirements.
- Prioritize assigned projects and deadlines with management’s assistance.
- Provide management with regular updates on assigned task status.
- Communicate clearly, concisely, and professionally.
- Complete work accurately and on time, along with other assigned tasks.
- Coordinate rate development and modification with outside actuaries, marketing partners, and internal departments.
Benefits
- Company-paid medical insurance.
- Company-paid short-term disability insurance.
- Company-paid long-term disability insurance.
- Company-paid life insurance.
- Voluntary dental insurance.
- Voluntary vision insurance.
- Voluntary life and AD&D insurance.
- 401(k) with company matching.
- Generous paid time off.
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What This Job Offers
Job Type
Full-time
