Actuarial Analyst
Farmers - Washington, DC

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Position Description

Prepares actuarial portions of financial statements, exhibits of experience reports and performs studies used in the development of new products.

Position Requirements

  • Checks accuracy of data files and plan description files, and prepares input to correct errors found.
  • Performs calculations for actuarial research and experience studies to support development of new products.
  • Performs audits of data files and recommends procedures for correcting errors to ensure accurate reporting of financial results.
  • Prepares input and validates the output for new product additions to administration, valuation and proposal systems to maintain consistency between development and implementation of new products.
  • Prepares input, calculates, verifies and documents the output for profit study, projection, reserve, and nonforfeiture calculation programs to provide quality control for financial reporting.
  • Creates, updates and maintains required documentation in compliance with End-User Standards.
  • Participates in cross-functional committees where assigned to provide prompt and accurate communication of department needs and concerns.
  • Supports more experienced actuaries on ad hoc projects.
  • Promotes safety at all times and complies with safety/ergonomic standards as outlined in relevant company published manuals.
  • Performs other duties as assigned.
Preferred Skills and Abilities

Physical Actions

Required job duties are essentially sedentary work consisting of occasional walking, standing and lifting and/or carrying 10-lbs. maximum and seeing.

Physical Environment

Required job duties are normally performed in a climate-controlled office environment.

Education Requirements

Four-year college degree and one of the preliminary education examinations of the Society of Actuaries.

Experience Requirements

Four-year college degree and one of the preliminary education examinations of the Society of Actuaries.

Special Skills Requirements

Basic level knowledge of spreadsheet, word-processing and database software.

farmers - 2 years ago - save job
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