Performs varied actuarial services including coding, building and maintaining actuarial models for pricing, reserving, forecasting, embedded values and capital calculations for Aflac Re Bermuda LTD (Aflac Re)
Ensure accuracy and reasonability of the outputs from the models
Customize reports and analysis to explain the results at the level suitable for senior management
Recommend and implement enhancements to improve efficiency, documentation and model governance
Code, parametrize, and utilize actuarial models to solve problems which may include pricing, reserving/reserve testing, experience studies, business planning, or capital planning
Analyze output from models for reasonability and generate reports
Make adjustments and improvements to models, when appropriate and draw on extensive experience and judgment to plan and accomplish goals

Requirements

Bachelor's Degree in Actuarial Science, Mathematics, Computer Science or a related field
An FSA designation from the SOA (required) and a minimum of 5 years of experience working in the actuarial field or an ASA designation from the SOA (required) and a minimum of 8 years of experience working in the actuarial field
Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program (ASA and recent FSA)
Hands-on modeling experience in ALM modeling and/or capital modeling
Experience with Bermuda (re)insurance regulatory frameworks or other jurisdictions that adopt market consistent approach to reserve and capital methodology
Experience with economic capital modeling, stress testing, and cash flow testing as part of solvency and financial condition assessments
Proficient at coding models with at least one or more of the following applications (Excel, SQL, MG-Alfa, Prophet, AXIS)
Strong familiarity with model governance, best practices and ability to implement independent model validation frameworks
Extensive expertise with reserve and capital methodology and working knowledge under market consistent regimes

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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

actuarial modelingpricingreservingforecastingcapital calculationsALM modelingeconomic capital modelingstress testingcash flow testingmodel validation

Soft Skills

analytical skillsproblem-solvingcommunicationattention to detailorganizational skillsjudgmentcollaborationadaptabilitytime managementreporting

Certifications

FSA designationASA designationBachelor's Degree in Actuarial ScienceBachelor's Degree in MathematicsBachelor's Degree in Computer Science