Job Information
Kemper Actuarial Manager in Chicago, Illinois
Location(s)
Alpharetta, Georgia, Chicago, Illinois, P&C-River Run Drive-Birmingham-AL, 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 methodology
Oversee the production of sound premiums and policy values
Support state filing process with actuarial certification (regulatory sign-off), actuarial memorandum and support, and correspondence with regulators, and documentation of assumptions and/or analysis
Ability to perform complex pricing analyses, such as premium calculations, policy value calculations, sensitivity testing, compliance testing and ad-hoc analysis
Assist with and enforce best practices in quantifying, validating, and preparing proposed premiums
Prepare actuarial proposals for management and business partners
Pull, aggregate, and query experience data
Develop recommendation on premiums and policy values to satisfy financial objectives of the organization
Perform complex experience analysis (e.g. mortality and lapse analysis)
Automate and enhance processes to improve efficiencies
Support and/or lead the development and design of new plans, programs, processes, products up to moderate complexity
Oversee financial forecasting/planning process
Complete pricing projects and ad-hoc requests
Develop management information to inform business partners on the health of the business
Communicate effectively with management and business partners
Adhere to internal and external compliance requirements/standards
Assist with the development of junior-level staff
Develop skills through continuing education opportunities
Meet 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 experience
Associate (ASA) or Fellow (FSA) of the Society of Actuaries or the equivalent from other organizations or demonstrates equivalent knowledge
Bachelor’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 analysts
Proficiency in VBA
Proficiency in SQL, SAS, Python or R
Proficiency in actuarial modeling software (e.g. GGY-AXIS, MG-ALFA, PolySystems, etc.)
Strong analytical skills
Strong understanding of actuarial ratemaking methodologies and practices
Advanced 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/judgments
Understand and make observations on market implications of business strategies
Creative problem-solver with strong quantitative skills that can spot patterns, trends, and opportunities in data
Propose and implement improvements in actuarial methodologies and analyses
Strong written and verbal communication skills to convey complex topics in an understandable, concise manner to both technical and non-technical audiences
Organizational skills including time management and the ability to handle multiple priorities
Track own plan performance and project timelines
Work effectively to meet deadlines
Proven contributor of ideas for enhancements in procedures and processes to improve efficiencies
Take initiative to lead projects of both a technical and non-technical nature
Ability to review others’ work for reasonableness and identify opportunities for enhancement
Develop actuarial staff
Interpersonal skills
Works effectively in a team environment
Proficiency in Microsoft Excel and VBA
Proficiency in SQL or SAS
Sponsorship is not accepted for this opportunity
This is an onsite role with occasional work from home opportunities from our St. Louis, Chicago, Alpharetta or Birmingham office.
The range for this position is $108,600 to $180,900. 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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Kemper at a Glance
The Kemper family of companies is one of the nation’s leading specialized insurers. With approximately $13 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.8 million policies, is represented by approximately 22,200 agents and brokers, and has approximately 7,500 associates dedicated to meeting the ever-changing needs of its customers. Learn more at Kemper.com .
*Alliance United Insurance Company is not rated.
We value diversity and strive to be an employer of choice. An Equal Opportunity Employer, M/F/D/V
Our employees enjoy great benefits:
• Qualify for your choice of health and dental plans within your first month.
• Save for your future with robust 401(k) match, Health Spending Accounts and various retirement plans.
• Learn and Grow with our Tuition Assistance Program, paid certifications and continuing education programs.
• Contribute to your community through United Way and volunteer programs.
• Balance your life with generous paid time off and business casual dress.
• Get employee discounts for shopping, dining and travel through Kemper Perks.
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