Life Actuary

Company: Farm Bureau Life Insurance Company of Michigan
Location: Lansing
Posted on: January 11, 2022

Job Description:

Farm Bureau Life Insurance Company of MichiganJob ID: 2021-3329# of Openings: 1Location: Lansing, MICategory: ActuarialCompany Name: Farm Bureau Life Insurance Company of MichiganStatus: Regular Full-TimeWork Hours: Monday-Friday, 8:00 a.m.-4:30 p.m.Salary Minimum: USD $85,190.00/Yr.OBJECTIVETo maintain and/or develop life actuarial programs, spreadsheets, reports, models, and supporting information for preparation of specific financial reporting, product development, and regulatory and analytical tasks.RESPONSIBILITIESOversee and monitor monthly and annual experience studies and make recommendations for modeling assumptions, including mortality and persistency assumptions.Monitor the experience of major pricing assumptions for all products. Design and price new products consistent with the corporate objectives and needs. 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.QUALIFICATIONSRequired: Bachelor's degree required, preferably in mathematics, statistics or actuarial science. Three 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.Preferred: Five years life actuarial experience preferred. Experience in pricing, multivariate analysis, and reserving preferred.Note: This position may potentially become a Remote - Work From Home opportunity. **If a candidate is not identified, a Senior Life Actuary may be considered based on level of experience.**PM19All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.PI160431105

Keywords: Farm Bureau Life Insurance Company of Michigan, Lansing , Life Actuary, Accounting, Auditing , Lansing, Michigan