Actuary

Jackson National Life Insurance•Lansing, MI

About The Position

Responsible for complex actuarial projects in product development, financial modeling, financial reporting, risk analysis, or data analysis. Independently applies advanced actuarial principles in insurance and finance. Collaborates with technical teams and leads projects involving the development of actuarial models, databases, and methodologies. The role also leads actuarial-output production, analyzes and validates results, improves methods and procedures, mentors junior associates, and serves as an expert resource in selected regulatory, professional, or technical areas.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Computer Science, or a related field.
At least 5 years of actuarial experience and FSA, or at least 8 years of actuarial experience and ASA.
Advanced knowledge of actuarial mathematics and concepts, with the ability to lead others in applying them.
Advanced knowledge of one or more insurance product lines, such as life or annuities.
Expertise in at least one key actuarial field: pricing, financial reporting, data analysis, or modeling; general understanding of at least one other key field.
Expert knowledge of at least one actuarial application used by Jackson, such as SAS, Python, or ALFA.
Ability to train associates in Jackson actuarial applications and guide others in following processes and running actuarial models or programs.
Strong verbal and written communication skills, including the ability to write formal reports for senior actuarial management and other functional teams.
Ability to lead and contribute in cross-functional meetings, organize and lead projects, and work across multiple projects and deadlines with minimal guidance.
Ability to perform manager-level review of processes and implementations of changes to actuarial tools.

Nice To Haves

At least 7 years of actuarial experience and FSA, or at least 10 years of actuarial experience and ASA.
Life and annuity experience.
Continuing efforts to pursue Fellow of the Society of Actuaries (FSA).

Responsibilities

Participate in or lead small-team meetings, cross-functional meetings, and meetings with senior management.
Manage workload and coordinate priorities, deadlines, and project status with a manager.
Communicate with peers, managers, senior management, and external parties orally and in writing, including through email and Microsoft Teams.
Prepare reports presenting analysis to senior management.
Create and maintain model documentation in accordance with Jackson’s Model Risk Management Policy, as needed.
Recommend and provide manager-level review of changes to the coding and structure of actuarial tools, as assigned.
Lead production of actuarial output, including calculated reserves, cash-flow projections, product pricing, and experience data.
Analyze and validate actuarial output.
Develop improvements to methods and procedures to improve efficiency and controls.
Lead small-team and cross-functional projects, including creating project plans and assigning tasks.
Mentor junior associates on technical topics and train them to perform processes.
Serve as an expert resource in selected areas of regulatory, professional, or technical knowledge.
Perform other duties and projects as assigned.