Actuary - Corporate Long Term Care (Life)

Admin — Wed, 10 Mar 2010 14:07:34 GMT

Position: Actuary - Corporate Long Term Care

Company: Insurance Organization

Location: Massachusetts

Job ID: 19233

RESPONSIBILITIES:

- Reports to the Vice President of Long Term Care Product and Risk Management.
- Manages an actuarial student.
- Assumption Setting.
- Pricing.
- Monitoring and communication of experience fund sufficiency.
- Analysis of risks and impact of potential program changes.
- Actuarial calculations of premiums when participants make changes to their coverage.
- Calculating participant premiums for upgrades to new plan.
- Calculating participant premiums for taking over cases from another carrier.
- Calculating asset transfers for participants who elect to switch coverage to new carrier.
- Monitoring and communication of experience for various employer pooling arrangements as well as large self pooled cases.
- Liaison to Pricing and Valuation areas.
- Providing actuarial data for client proposals.

QUALIFICATIONS:

- Experience in pricing insurance products, long term care or health insurance, a plus.
- Strong actuarial, analytical, computer and problem solving skills.
- Excellent organization and time management skills.
- Strong communication and interpersonal skills to deal with both technical and non-technical audiences.
- Proactive and able to work independently.
- Project management skills.
- Familiarity with Group Insurance.
- Educational and Professional Requirement.
- FSA designation.
- Minimum of 7 years actuarial experience within the insurance industry.
- Exposure to Canadian GAAP and Axis pricing software, a plus.

Online Application available at www.jobs4actuary.com

For further information, email info@nasearchg.com and mention Position #19233, or contact any of our recruiters at (905)-477-2962.

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Actuary - Corporate Long Term Care (Life)