Actuary

About This Role

This role involves leading complex actuarial projects focused on product development, financial modeling, financial reporting, risk analysis, or data analysis. It suits a professional who can independently apply advanced actuarial principles and collaborate with technical teams to develop actuarial models, databases, and methodologies.

Responsibilities

• Actively participate in or lead small team meetings, cross-functional team meetings, and meetings with senior management
• Manage own time and work with manager to set priorities, set deadlines, and share project status
• Communicate with peers, manager, and senior management orally and in writing, using tools such as email and Microsoft Teams
• Assist in communication with external parties
• Compose 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 processes for production of actuarial output, such as calculated reserves, cash flow projections, product pricing, and experience data
• Analyze and validate actuarial output
• Develop improvements in methods and procedures as necessary to improve efficiency and controls
• Lead small team and cross-functional projects, creating project plans and assigning tasks
• Mentor junior associates on technical topics and train them to perform processes
• Serve as an expert resource for selected areas of regulatory, professional, or technical knowledge
• Perform other duties and/or projects as assigned

Requirements

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics, Computer Science, or related field of study
• 5+ years actuarial experience and FSA or 8+ years actuarial experience and ASA
• Advanced knowledge of actuarial mathematics/concepts and ability to lead others in applying those concepts to work product
• Advanced knowledge of one or more of insurance product lines (life, annuities)
• Expert in at least one key field of actuarial work (pricing, financial reporting, data analysis, or modeling)
• General understanding of at least one other key field of actuarial work
• Expert knowledge of at least one actuarial application used by Jackson, such as SAS, Python, or ALFA
• Ability to train associates in the use of Jackson actuarial applications
• Ability to guide others in following processes and running actuarial models or programs
• Ability to effectively communicate with actuarial associates at all levels and across functional teams, as well as assist in communications with external parties, verbally and in written form
• Ability to write effective formal reports for senior actuarial management and for members of other functional teams
• Ability to lead and add value in cross-function team meetings
• Ability to work on multiple projects, meet deadlines, and prioritize work based on minimal guidance
• Ability to organize and lead projects
• Ability to perform manager level review of processes and implementations of changes to actuarial tools

Nice to have:

• 7+ years actuarial experience and FSA or 10+ years actuarial experience and ASA
• Life and annuity experience
• Continuing efforts to pursue Fellow of the Society of Actuaries (FSA)

About the Company

Jackson is committed to a policy of equal opportunity.