Chicago, Illinois, USA
35 days ago
Actuarial Manager

Location(s)

Chicago, Illinois, St. Louis, Missouri

Details

Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs. By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises.

POSITION SUMMARY:           

Manages and supervises actuarial analysts by assigning work, providing technical guidance and other responsibilities to include performance management, training and mentoring.  Performs highly complex pricing analyses.  Prepares and analyzes complex internal management information.  This position works closely with the Actuarial Director, Product Managers, Data Scientists, business partners, and senior leaders to develop appropriate pricing and product strategies to support organizational goals.  Assists with department objectives by leading and coordinating projects and processes and maintaining actuarial standards of practice. 

                                                                                                                                              

POSITION RESPONSIBILITIES:

Robust understanding of actuarial pricing methodologyOversee the production of sound premiums and policy valuesSupport state filing process with actuarial certification (regulatory sign-off), actuarial memorandum and support, and correspondence with regulators, and documentation of assumptions and/or analysisAbility to perform complex pricing analyses, such as premium calculations, policy value calculations, sensitivity testing, compliance testing and ad-hoc analysisAssist with and enforce best practices in quantifying, validating, and preparing proposed premiumsPrepare actuarial proposals for management and business partnersPull, aggregate, and query experience dataDevelop recommendation on premiums and policy values to satisfy financial objectives of the organizationPerform complex experience analysis (e.g. mortality and lapse analysis)Automate and enhance processes to improve efficienciesSupport and/or lead the development and design of new plans, programs, processes, products up to moderate complexityOversee financial forecasting/planning processComplete pricing projects and ad-hoc requestsDevelop management information to inform business partners on the health of the businessCommunicate effectively with management and business partnersAdhere to internal and external compliance requirements/standardsAssist with the development of junior-level staffDevelop skills through continuing education opportunitiesMeet expectations for Society of Actuaries (SOA) exam progress and/or continuing education


 POSITION QUALIFICATIONS:

5-7 years of experience as an actuarial analyst, preferably Life experienceAssociate (ASA) or Fellow (FSA) of the Society of Actuaries or the equivalent from other organizations or demonstrates equivalent knowledgeBachelor’s degree in actuarial science, mathematics, statistics, economics or related field, or the equivalent in related work experience

Competitive candidates will have:

Experience managing actuarial analystsProficiency in VBAProficiency in SQL, SAS, Python or RProficiency in actuarial modeling software (e.g. GGY-AXIS, MG-ALFA, PolySystems, etc.)Strong analytical skillsStrong understanding of actuarial ratemaking methodologies and practicesAdvanced knowledge actuarial modeling software (e.g. GGY-AXIS, MG-ALFA, PolySystems, etc.)Advanced understanding of financial reporting (e.g. GAAP, Stat, income statement, balance sheet, etc.)Perform actuarial pricing analysis independently and makes reasonable assumptions/judgmentsUnderstand and make observations on market implications of business strategiesCreative problem-solver with strong quantitative skills that can spot patterns, trends, and opportunities in dataPropose and implement improvements in actuarial methodologies and analysesStrong written and verbal communication skills to convey complex topics in an understandable, concise manner to both technical and non-technical audiencesOrganizational skills including time management and the ability to handle multiple prioritiesTrack own plan performance and project timelinesWork effectively to meet deadlinesProven contributor of ideas for enhancements in procedures and processes to improve efficienciesTake initiative to lead projects of both a technical and non-technical natureAbility to review others’ work for reasonableness and identify opportunities for enhancementDevelop actuarial staffInterpersonal skillsWorks effectively in a team environmentProficiency in Microsoft Excel and VBAProficiency in SQL or SASSponsorship is not accepted for this opportunityThis is an onsite role with occasional work from home opportutnies.


​The range for this position is $98,600 to $170,100. When determining candidate offers, we consider experience, skills, education, certifications, and geographic location among other factors.  This job is eligible for an annual discretionary bonus and Kemper benefits (Medical, Dental, Vision, PTO, 401k, etc.)  

Kemper is proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, disability status or any other status protected by the laws or regulations in the locations where we operate. We are committed to supporting diversity and equality across our organization and we work diligently to maintain a workplace free from discrimination. Kemper is focused on expanding our Diversity, Equity and Inclusion efforts to align with our vision, mission, and guiding principles.  Kemper does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Kemper and Kemper will not be obligated to pay a placement fee.

Kemper will never request personal information, such as your social security number or banking information, via text or email.  Additionally, Kemper does not use external messaging applications like WireApp or Skype to communicate with candidates.  If you receive such a message, delete it.  

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