Para-Actuary I

Aflac, Incorporated
$50,000 - $65,000Hybrid

About The Position

We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. This role is hybrid. This means you will be expected to report to one of our Aflac offices located in Columbus, GA for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.

Requirements

  • Excellent oral, written, and interpersonal skills to effectively interact with all levels of the organization
  • Intermediate knowledge and skills in Microsoft Excel, Word, PowerPoint, and SQL
  • Basic knowledge of accounting principles preferred
  • Excellent attention to detail to ensure accuracy
  • Ability to meet deadlines
  • Basic understanding of data analysis, synthesizing it into something meaningful, and developing materials and presentation of findings.
  • Basic ability to identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk.
  • Basic ability to lead projects, including those with cross-functional accountabilities.
  • Basic ability to understand, listen and explain business issues and potential solutions in a way that results in informed decision making.
  • Basic ability to align actuarial analysis and findings with the broader goals of the organization.
  • Basic ability to develop projects, plans, and priorities that are consistent with business initiatives and goals.
  • Basic ability to step outside actuarial competencies and develop broader business acumen -- goes beyond the technical aspect of a problem.
  • Basic ability to interpret business and technical information in a way that influences key decision makers / stakeholders.
  • Basic ability to provide timely analysis to reach a recommendation, even with incomplete data; not averse to simply approximate an answer.
  • Adheres to standards of professional conduct

Nice To Haves

  • Bachelor's Degree in Mathematics, Business Administration, Statistics, Computer Science, Finance, Accounting, or a related field
  • Zero to two years of related work experience
  • Or an equivalent combination of education and experience

Responsibilities

  • Performs tasks to support monthly and quarterly financial reporting
  • Gathers information from various systems and departments per actuarial request
  • Researches, compiles and categorizes data for experience analyses using PC and mainframe platforms and prepares related reports
  • Prepares schedules of statistics, premiums, reserves, etc
  • Assists with the preparation of Statutory annual statements and other year-end reporting
  • Researches, plans, organizes, and conducts needed analysis on relevant information to stay abreast of legislative changes in the industry; reviews insurance laws and regulations, and works with team members to determine the impact on Aflac’s policies and services; communicates with state insurance departments to resolve issues, answers questions, clarifies interpretation of laws, regulations, rate filings, and potential changes in business practices
  • Develops appropriate analytical models and reports for special studies using SQL, Excel, and Visual Basic; runs and modifies existing programs such as asset shares, reserve factor development, loss ratio studies, lapse rate studies and company projections
  • Assists in the development, setting assumptions, and pricing of new products; checks source of data to verify completeness and accuracy
  • Maintains effective and accurate online records, databases, or manual filing systems that provide a quick-reference database for information on department activity and document/correspondence status; collects data for and prepares department productivity reports, statistical reports, and other ad hoc reports
  • Assists with internal and external audits and statutory examinations.
  • 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
  • opportunity to purchase company stock
  • 11 paid holidays
  • up to 20 days PTO
  • state-mandated sick leave
  • other leaves of absence
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