Assistant Actuary

ABOUT OUR COMPANY
We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

JOB GROUP SUMMARY
Actuaries are the financial architects of our company. They plan and maintain a framework for our financial integrity to help us meet customer needs and deliver shareholder value.

EDUCATION
The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.

LICENSES AND CERTIFICATIONS
- Associate of the Society of Actuaries is desired
- Fellow of the Society of Actuaries is desired
- Member of the American Academy of Actuaries is desired

FUNCTIONAL WORK EXPERIENCES
- Actuarial: Product development
- Actuarial: Pricing: manual rate structure development

REQUIRED SKILLS
- Assess adequate provision for risk and profit in pricing
- Assess risk and make sound decisions based on established criteria

DESIRED SKILLS
- Builds statistical models to predict the likelihood of financial events and-or outcomes
- Collaborating for Results

POSITION SUMMARY
Job Responsibilities:
- Responsible for managing risk and enhancing profitability for Group Life business through pricing, product development, financial analysis & forecasting, and evaluation of underwriting guidelines
- Manage 1-2 actuarial students and potentially actuarial interns or co-ops
- Provide underwriting support, including analysis of complex risks and tailored pricing for large cases
- Lead financial and actuarial support for special projects, including the annual service pricing review for Life products
- Analyze historical claim experience and business metrics and project future results via planning and forecasting process
- Coordinate and manage reinsurance monthly/quarterly reporting process and help shape strategy for utilization of reinsurance to mitigate risk
- Work collaboratively with internal and external customers including underwriting, finance, claims, product development, sales, legal, and reinsurers

Skill and Experience Requirements:
- BA, BS in Mathematics, Finance, Economics, Actuarial Science or related field
- Associate or Fellow of the Society of Actuaries preferred
- Prior Individual or Group Life experience would be helpful, but is not required
- Ability to communicate effectively with a broad range of constituents at various levels of the organization
- Strong verbal and written communication skills, including clear and concise expression of ideas
- Demonstrated ability to set direction, lead others to solutions, and complete tasks
- Strong problem solving skills and critical thinking
- Ability to work collaboratively and effectively with other areas of the organization
- Effective time management and organizational skills
- Strong personal computer skills are required (including strong proficiency in Excel; proficiency in Access is a plus)
- Ability to effectively manage multiple, concurrent deliverables

ADDITIONAL JOB INFORMATION
Position could also be filled by candidates at the Senior Actuarial Consultant, Actuarial Team Lead, or Actuary I level.

We value leadership, creativity and initiative.  If you share those values and a commitment to excellence and innovation, consider a career with Aetna.  To learn more about this opportunity, visit us at www.aetna.com/working . Under requisition # select 25592 and submit your resume.

We conduct pre-employment drug and background testing. No agencies, please.

Aetna is an equal opportunity/affirmative action employer.