Actuarial Pricing Manager

Kemper•Columbus, MO

1d•Remote

About The Position

Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs. By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises. Position Summary: Manages and supervises actuarial analysts by assigning work, providing technical guidance and other responsibilities to include performance management, training and mentoring. Performs highly complex pricing analyses. Prepares and analyzes complex internal management information. This position works closely with the Actuarial Director, Product Managers, Data Scientists, business partners, and senior leaders to develop appropriate pricing and product strategies to support organizational goals. Assists with department objectives by leading and coordinating projects and processes and maintaining actuarial standards of practice.

Requirements

5-7 years of experience as an actuarial analyst, including Life Insurance experience
Associate (ASA) or Fellow (FSA) of the Society of Actuaries or the equivalent from other organizations or demonstrates equivalent knowledge
Bachelor’s degree in actuarial science, mathematics, statistics, economics or related field, or the equivalent in related work experience

Nice To Haves

Experience managing actuarial analysts
Proficiency in VBA
Proficiency in SQL, SAS, Python or R
Proficiency in actuarial modeling software (e.g. GGY-AXIS, MG-ALFA, PolySystems, etc.). GGY-AXIS actuarial modeling is strongly preferred.
Strong analytical skills
Strong understanding of actuarial ratemaking methodologies and practices
Advanced understanding of financial reporting (e.g. GAAP, Stat, income statement, balance sheet, etc.)
Perform actuarial pricing analysis independently and makes reasonable assumptions/judgments
Understand and make observations on market implications of business strategies
Creative problem-solver with strong quantitative skills that can spot patterns, trends, and opportunities in data
Propose and implement improvements in actuarial methodologies and analyses
Strong written and verbal communication skills to convey complex topics in an understandable, concise manner to both technical and non-technical audiences
Organizational skills including time management and the ability to handle multiple priorities
Track own plan performance and project timelines
Work effectively to meet deadlines
Proven contributor of ideas for enhancements in procedures and processes to improve efficiencies
Take initiative to lead projects of both a technical and non-technical nature
Ability to review others’ work for reasonableness and identify opportunities for enhancement
Develop actuarial staff
Interpersonal skills
Works effectively in a team environment

Responsibilities

Robust understanding of actuarial pricing methodology
Oversee the production of sound premiums and policy values
Support state filing process with actuarial certification (regulatory sign-off), actuarial memorandum and support, and correspondence with regulators, and documentation of assumptions and/or analysis
Ability to perform complex pricing analyses, such as premium calculations, policy value calculations, sensitivity testing, compliance testing and ad-hoc analysis
Assist with and enforce best practices in quantifying, validating, and preparing proposed premiums
Prepare actuarial proposals for management and business partners
Pull, aggregate, and query experience data
Develop recommendation on premiums and policy values to satisfy financial objectives of the organization
Perform complex experience analysis (e.g. mortality and lapse analysis)
Automate and enhance processes to improve efficiencies
Support and/or lead the development and design of new plans, programs, processes, products up to moderate complexity
Oversee financial forecasting/planning process
Complete pricing projects and ad-hoc requests
Develop management information to inform business partners on the health of the business
Communicate effectively with management and business partners
Adhere to internal and external compliance requirements/standards
Assist with the development of junior-level staff
Develop skills through continuing education opportunities
Meet expectations for Society of Actuaries (SOA) exam progress and/or continuing education