Actuary II

Aflac, Incorporated•Columbus, GA

1d•$80,000 - $100,000•Hybrid

About The Position

Under close supervision, codes, parameterizes, and utilizes actuarial models to solve problems which may include: pricing, reserving/reserve testing, experience studies, business planning, reinsurance, or capital planning; Analyzes output from models for reasonability and generates reports; May make adjustments and improvements to models or perform model review and validation, when appropriate; Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations; Develops raw data into assumption basis with which to parameterize models.

Requirements

Intermediate knowledge and skills in Microsoft Excel, Word and MG-ALFA or similar actuarial software
Technical Knowledge & Skill - Intermediate 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 - Intermediate Can effectively lead projects, including those with crossfunctional 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 - Intermediate 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 - Intermediate Aligns actuarial analysis and findings with the broader goals of the organization. Understands all of Aflac's 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 - Intermediate 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.
Develops Self & Others - Basic Steps outside actuarial competencies and develops broader business acumen -- goes beyond the technical aspect of a problem. Creates valued business partnerships based on consulting advice provided; seeks out opportunities to mentor others. Participates in new and challenging work experiences outside of one's own functional area.
Makes Effective Decisions - Intermediate 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 it's always been done”.
Values Driven - Interacts with others in a way that gives them confidence in one's intentions. Listens with respect and objectivity even when others' opinions conflict with one's own. Adheres to standards of professional conduct
Bachelor’s Degree in Actuarial Science, Mathematics, Computer Science or a related field
Two years of professional job-related work experience
Completion of three Society of Actuaries (SOA) exams and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA)
Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
Or an equivalent combination of education and experience

Responsibilities

Strengthens and applies foundational knowledge of the business, its products, and processes
Identifies critical areas to monitor and suggests timely remedies to correct or prevent unfavorable trends
Becomes familiar with standard concepts, practices, and procedures; Relies on judgment, aided by supervisor where limited experience exists, to plan and accomplish goals; A certain degree of creativity and latitude is required
Seeks guidance from more experienced team members to resolve issues and to identify appropriate issues for escalation
Performs other duties as required

Benefits

medical
dental
vision coverage
prescription drug coverage
health care flexible spending
dependent care flexible spending
Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)
401(k) plans
annual bonuses
an opportunity to purchase company stock
11 paid holidays
up to 20 days PTO
state-mandated sick leave