Farm Bureau Insurance of Michigan

Senior Life Actuary

Farm Bureau Insurance of Michigan

full-time

Posted on:

Location Type: Remote

Location: MissouriUnited States

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Salary

💰 $143,206 per year

Job Level

About the role

  • Oversee and monitor monthly and annual experience studies
  • Make recommendations for modeling assumptions
  • Oversee the monitoring of major pricing assumptions for all products
  • Oversee the design and pricing new products
  • Maintain up-to-date information on changes in products offered by other life insurance companies
  • Oversee and develop recommendations for interest rates and other non-guaranteed elements for existing products

Requirements

  • Bachelor's degree required
  • Five years life actuarial experience required
  • Working knowledge of Microsoft Office products (e.g., Word and Excel) required
  • Willingness to pursue continuing job-related training and education required
  • Completion of the Associate of the Society of Actuaries (ASA) designation required
  • Seven years life actuarial experience preferred
  • Experience in pricing
  • multivariate analysis
  • and reserving preferred
  • Completion of the Fellow of the Society of Actuaries (FSA) designation preferred
  • FIS Prophet modeling experience is preferred but not mandatory
Benefits
  • Full benefit package including medical
  • dental
  • vision
  • 401K
Applicant Tracking System Keywords

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

Hard Skills & Tools
life actuarial experiencepricingmultivariate analysisreservingmodeling assumptionsinterest ratesnon-guaranteed elements
Soft Skills
recommendationsmonitoringoversight
Certifications
Bachelor's degreeAssociate of the Society of Actuaries (ASA)Fellow of the Society of Actuaries (FSA)