Aflac · 1 week ago
Actuary II, Capital Modeling
Georgia, United States
Full-time
Hybrid
Entry, Mid Level
$80K/yr - $100K/yr
2+ years expAflac is a Fortune 500 company and an industry leader in voluntary insurance products. The Actuary II, Capital Modeling role involves providing analytical and modeling support for quantitative risk management methodologies, synthesizing risk-related information, and preparing reports for various committees.
FinanceFinancial ServicesHealth CareInsurance
Responsibilities
Provides analytical and modeling support in the development and implementation of quantitative risk management methodologies used within the organization
Synthesizes risk related information and creates robust presentations
Participates in new risk modeling methodology development and implementation; works with business areas to utilize quantitative risk management methods in measuring risks
Prepares monthly and quarterly reports for various committees as well as ad-hoc reports requested by internal customers and management
Supports cross-functional projects and other Global Risk Management initiatives such as Economic Capital, risk limits/budgets, ORSA reporting, and others
Performs other related duties as required
Qualification
Required
Some knowledge of life insurance, accounting, and actuarial
Good analytical and research skills
Quantitative modeling skills required
Knowledge of statistical or analytical modeling languages
Ability to compile and categorize statistical data and oversee the preparation of reports
Intermediate knowledge and skills in Microsoft Excel and Word
Actuarial Competencies
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
Completion of three Society of Actuaries (SOA) exams and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA) designation
Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
Two years of professional job-related work experience
Experience in actuarial software such as MG-ALFA, AXIS, PROPHET, etc
Or an equivalent combination of education and experience
Benefits
Medical, dental, and 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 to be used for any reason
State-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)
Other leaves of absence, if eligible
Company
Aflac
Aflac is a company that offers individuals and companies supplemental disability insurance.
10001+ employees
H1B Sponsorship
Aflac has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (8)
2024 (2)
2023 (3)
2022 (7)
2021 (2)
Funding
Current Stage
Public CompanyTotal Funding
unknown1974-06-14IPO
Leadership Team
JR Shamley
SVP National Accounts Business Development & Growth Solutions
Matthew D. Owenby
SVP, Chief Human Resources Officer and Corporate Services Executive
Recent News
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