Supervising Actuary Life

The Supervising Actuary will lead essential responsibilities for the program, which provides crucial support to individuals with disabilities, ensuring both compliance and peak performance. Responsibilities include: Conducting actuarial pricing and reserving calculations for disability insurance and Paid Family Leave, adhering to regulatory standards. Assessing the impact of regulatory changes on the DBF and proposing necessary adjustments. Serving as the company representative or providing actuarial support in industry task forces and committees. Overseeing complex actuarial tasks with precision and extensive theoretical knowledge. Directing all actuarial computations pertaining to the fund, including recommending pricing strategies for large accounts. Supervising both actuarial and non-actuarial personnel. Providing adept actuarial assistance for Paid Family Leave coverage. Analyzing market trends and determining influential factors. Crafting and reviewing comprehensive financial and statistical reports on a regular basis. Evaluating the adequacy of rates and suggesting alterations to ensure appropriate pricing levels, including preparing rate filings. Managing premium return programs and monitoring segment profitability. Assessing the viability of proposed products and contracts. Developing sophisticated analytics and models to support high-level decision-making. Advising and collaborating with business partners, utilizing actuarial and mathematical techniques for business analysis. Basic Qualifications: Bachelor's degree or higher. Successful completion of Society of Actuaries examinations MLC, MFE, and four additional exams, or be an Enrolled Actuary with successful completion of MLC, MFE, and three additional exams. Five years of actuarial experience in areas such as operating units, governmental regulatory functions, pension management, or actuarial computations. Associate or Fellow of the Society of Actuaries (ASA, FSA) and a member of the American Academy of Actuaries (MAAA) preferred.