Job Information
UNUM Director, Pricing Actuary (Hybrid) in Columbia, South Carolina
When you join the team at Unum, you become part of an organization committed to helping you thrive.
Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:
Award-winning culture
Inclusion and diversity as a priority
Performance Based Incentive Plans
Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
Generous PTO (including paid time to volunteer!)
Up to 9.5% 401(k) employer contribution
Mental health support
Career advancement opportunities
Student loan repayment options
Tuition reimbursement
Flexible work environments
*All the benefits listed above are subject to the terms of their individual Plans .
And that’s just the beginning…
With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!
General Summary:
This is a senior level position that requires independent judgment, initiative and solid business knowledge. This role actively identifies, researches and analyzes a variety of actuarial issues and concepts. In this role, one will identify, plan and initiate projects and may manage a team. Considerable reliance will be placed on the individual’s judgment. This position is an active participant on a variety of other cross functional/operating teams (e.g., underwriting, compliance, customer care etc.) Minimum qualifications include at least four years of relevant experience and the designation of Fellow of the Society of Actuaries.
LTC Specific Duties and Accountabilities
Building relationships over time with state regulators that establish heavy credibility
Ability to communicate effectively with regulators and NAIC reps, even in a contentious context
Ability to work creatively and productively to craft options for policyholders
Development of pricing strategies that optimize around financial valuation, regulatory constraints, our policyholders, and other pertinent factors; leveraging robust internal experience with rate increases as well as available industry/market information
Evaluating impacts of pricing strategies and of other strategies on risk outcomes
Build and maintain robust pricing strategy analytics that enable real-time monitoring of success, inform refinements to our strategy, and provide necessary valuation insights tied to the progress along our strategy
Strong tie to LTC Valuation and the LTC Strategy Team in evaluating pricing strategies, options for our policyholders
Orientation
Creativity & willingness to learn and adapt
Welcomes heavy external engagement
Ability to make a forceful case for positions
Data and analytically driven
Effective coach and developer of talent
Principal Duties and Responsibilities
Analyze emerging experience, monitor marketplace trends, and identify issues
Develop analysis framework and recommend enhancements
Recommend updated pricing, valuation or reserving assumptions to management
Lead development of tools to support pricing, valuation, underwriting and business analysis and participate in implementation efforts
Prepare financial reports and projections; perform analysis of financial data
Participate actively on cross-functional/operational task forces (e.g. underwriting, compliance, customer care)
Mentor, manage and train an actuarial support staff
May perform other duties as assigned
Job Specifications
Bachelors degree required
Fellowship in the Society of Actuaries
At least four years of relevant experience and/or a high level of technical expertise
Strong problem solving ability and project management skills
Hands-on experience with current technology
Solid people management
Strong verbal and written communication skills
Demonstrates strong leadership abilities
IN1
#LI-CM1
#LI-HYBRID
#LI-MULTI
Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.
The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.
$109,100.00-$213,300.00
Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.
Company:
Unum
Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.
UNUM
-
- UNUM Jobs