Experience Studies Actuary

Society of Actuaries Research Institute • Chicago, IL

just now • $135,000 - $175,000 • Hybrid

About The Position

As an Experience Studies Actuary at the Society of Actuaries, you’ll lead the design, development, and delivery of experience studies that provide critical insights to actuaries across various practice areas. You’ll collaborate with volunteers, research partners, and contractors to produce high-quality research reports, experience tables, and data visualization tools. This role is ideal for someone who thrives in a data-driven environment, enjoys working independently, and is passionate about contributing to the actuarial profession.

Requirements

• ASA or FSA designation required.
• Bachelor’s degree in mathematics, statistics, actuarial science, economics, or related field.
• Minimum 8 years of actuarial experience, ideally across life insurance, annuities, retirement plans, long-term care, and health products.
• Strong project management skills and ability to manage timelines and deadlines independently.
• Advanced Excel skills and familiarity with Tableau or similar tools.
• Predictive modeling experience using R or Python; SAS knowledge preferred but not required.
• Exceptional attention to detail and ability to work with large datasets and adjust queries as needed.
• Strong communication and presentation skills, including the ability to deliver concise overviews in public forums.
• Ability to work effectively with committees and cross-functional teams.

Nice To Haves

• SAS knowledge preferred but not required.

Responsibilities

• Lead and execute all phases of the research process, from defining study objectives and collecting data to producing and publishing final results.
• Coordinate with data contributors and consultants to recruit participation and ensure robust datasets.
• Coordinate with contractors, legal, and management to initiate and approve vendor contracts.
• Apply predictive modeling techniques to uncover trends and relationships in mortality, morbidity, and behavior.
• Lead and support Experience Studies Committees and Project Oversight Groups.
• Collaborate with legal counsel to mitigate reputational risk associated with experience studies.
• Present findings at SOA meetings and contribute to marketing and communications efforts.
• Respond to research requests from regulators and statistical agents.

Benefits

• Competitive Compensation: We understand the value of your contributions, and we ensure that you are rewarded competitively for your skills and dedication.
• Generous Paid Time Off: Achieve a work-life balance with ample paid time off, giving you the flexibility you need for personal and family responsibilities.
• Professional Development: We invest in our team's growth. Take advantage of opportunities for continuous learning and career advancement, including tuition reimbursement and continuing education funding.
• Health and Wellness: Your well-being is important to us. Enjoy access to comprehensive health benefits, wellness programs, including our Employee Assistance program (EAP) and wellness reimbursement.
• Disability Coverage: Gain peace of mind with our comprehensive disability coverage, including life, short-term, and long-term disability benefits.
• Retirement Planning: Secure your future with our 403(b) plan and generous employer contribution.
• Maternal/Paternal Leave: Embrace parenthood with confidence, knowing that we've got you covered every step of the way. Our maternal/paternal leave policy is designed to give you the time you need to bond with your newest family member without worrying about work.
• Flexible Work Environment: Embrace a flexible hybrid environment that supports your productivity and work-life balance.
• Diversity and Inclusion: We celebrate diversity and foster an inclusive workplace where everyone's unique perspectives are valued.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees