When it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is always ready. We are a diverse group of individuals working together to go the extra mile. Through our DEI initiatives, employees feel empowered to bring their talents and voice to our culture.
Our passion for delivering the best products is matched only by our passion for our people. We are committed to making a meaningful difference in the lives of others which extends beyond our office walls. USAble Life has a long tradition of supporting our communities, and we’re proud of the fact that our employees share that commitment.
We have been recognized as a “Best Places to Work” in Arkansas, Florida, and Hawaii. You’ll be rewarded with opportunities for personal and professional development and opportunities for advancement. This, coupled with our engaging culture and a comprehensive benefits package, ensures we are committed to our employees.
Check out how we make a meaningful difference in the lives of others!
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What We Offer You:
- A culture that values employees and celebrates, empowers, and inspires a diverse workforce
- Outstanding and affordable benefits package
- Yearly bonus potential and annual increases
- PTO provided at date of hire
- 11 paid holidays
- 401(k) with up to 6% match; fully vested from day 1
- Remote opportunities with company-provided equipment
- Team-oriented, collaborative group of peers
- Career advancement opportunities
- Tuition Reimbursement
- Employee Assistance Program
- Inclusion Council and Employee Resource Groups
- Recharge Days and Volunteer Time Off
- This is a remote position.
The starting base salary range for an Actuary is is $87,000 to $166,000. Actual salaries will vary by geographic location and are based on factors such as candidate’s qualifications, experience, skills, competencies, and company tenure & equity. In addition to base compensation, this role is eligible for an annual incentive plan based on company performance and individual performance.
Actuary Overview
Develop complex actuarial models. Project financial results based on best available assumptions, experience, and business acumen. Develop premium rates based on a deep understanding of inherent risk, product feature, risk, historical experience, and market realities. Develop assumptions based on experience and market realities. Clearly communicate findings to multiple audiences.
Essential Duties
- Perform advanced actuarial analysis with limited supervision
- Clearly communicate complex actuarial issues to a variety of audiences
- Develop and justify business recommendations based on your research
- Lead cross functional teams in complex actuarial initiatives
- Supports the development of state and federal rate filings and manual rates
- Assists designing and pricing products
- Supports rating system development and develop pricing tools used by underwriters to improve pricing accuracy and efficiency
- Mentor and or manage less experienced staff as needed
- Other duties as assigned
Required Knowledge, Skills, and Abilities
- Advanced proficiency with Microsoft Office Suite
- Proficiency with SQL and VBA
- Ability to clearly communicate complex actuarial concepts and business recommendations to senior leaders and other teammates
- Ability to develop premium rates using a broad understanding of regulations, experience, and market realities
- Ability to conduct complex actuarial analysis and forecasting with broad awareness of the business, insurance market, competitive landscape, and regulatory environment
Required Education and Experience
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Computer Science or related field
- 7 years of related actuarial experience in group life, disability, and supplemental products
- ASA (Associate) in the Society of Actuaries designation
- Membership in the American Academy of Actuaries
- Currently compliant with continuing education requirements
Preferred Education and Experience
- Fellowship in the Society of Actuaries
- 10 years of related actuarial experience
