Aetna Actuary I in Columbia, South Carolina
Req ID: 48745BR
This is a key support position focused on all actuarial functions (product development and pricing, valuation, and experience analysis) for Aetna Voluntarys group supplemental benefits portfolio (Accident, Critical Illness and Hospital Indemnity).
Reports to the Director of Actuarial & Underwriting for Aetna Voluntary
New product development and pricing support for Accident, Critical Illness and Hospital Indemnity product lines
Lead the rate filing process and assure compliance with applicable regulations, laws and standards
Manage the systems and monthly processes for calculating Active Life Reserves (ALR) and Deferred Acquisition Costs (DAC)
Develop new actuarial metrics and decision support tools for account management as well as monitoring and managing product profitability
Partner with Underwriting and Sales Support through the development and maintenance of account level product pricing tools and rating recommendations
Negotiate and influence sound business decisions through adherence to established risk management principles
Independently collaborate with internal and external constituents
Bachelor's degree along w/5+ years in voluntary or supplemental products
Strong desire for an ASA or FSA and a member of the American Academy of Actuaries able to sign rate filings and other required actuarial certifications
Prior experience in Accident, Critical Illness and Hospital Indemnity is required
The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.
LICENSES AND CERTIFICATIONS
Actuarial/Associate of the Society of Actuaries is required
Actuarial/Fellow of the Society of Actuaries is desired
Actuarial/Member of the American Academy of Actuaries is desired
Functional - Actuarial/Pricing: manual rate structure development/4-6 Years
Functional - Actuarial/Valuation/Reserving/1-3 Years
Functional - Actuarial/Financial actuarial analysis/1-3 Years
Functional - Actuarial/Modeling & tool development/4-6 Years
Functional - Actuarial/Underwriting case work/1-3 Years
Considered for any US location; training period in the office may be required. Strong desire to have candidate located in Columbia, SC office.
ADDITIONAL JOB INFORMATION
Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.
We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.
Together we will empower people to live healthier lives.
Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.
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.
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.
Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.
Job Function: Actuarial