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EMC Insurance Companies · 1 day ago

Actuarial Specialist – EMCL

United States

Full-time

Remote

Senior Level

$86K/yr - $119K/yr

5+ years exp

EMC Insurance Companies is dedicated to making an impact through teamwork and growth opportunities. The Actuarial Specialist will design and execute high-level actuarial processes, lead financial projections, and collaborate on product development while enhancing the actuarial team's tools and techniques.

Financial ServicesInsurance

Responsibilities

Leads the analyzing and refining of EMCNL’s financial model by proposing implementing changes and ensuring changes are documented and tested

Leads the quarterly and annual financial projection project. Gathers information from investment and accounting teams. Enters information into financial model and run a series of projections. Analyzes results of project to make recommendation on necessary amount of additional reserves

Ensures the completion of financial and Asset Liability Management (ALM) projections using the financial model to project short- and long-term profitability

Collaborates with manager on product development/pricing projects using actuarial modeling software AXIS

Develops highly-automated tools and systems which maintain the data integrity necessary to produce accurate results while also maintaining the flexibility to report data broken down by many factors such as product, gender, underwriting class, face amount, etc. to help with mortality and lapse studies

Develops and evaluates new and existing tools and works on projects to improve the management information capabilities of the actuarial team, such as data reporting. Analyzes data and provides report insights based on results to stakeholders throughout EMCNL

Makes recommendations based on analysis and communicates them as appropriate to EMCNL teams

Develops and recommends actuarial tools and techniques that support the actuarial process, such as evaluation and rate study

Leads and/or participates on cross-functional teams, such as the interest rate team and product implementation team Leads and conducts independent research and analysis and provides input and findings to various teams

Qualification

Actuarial modeling software AXISFinancial modelingStatisticsProbabilitySQLData reportingAnalytical skillsTeam leadershipProblem-solvingCommunication skills