Under direct supervision, performs assignments intended to expose the incumbent to many facets of actuarial work
Develops an understanding of the business and the departmental and company goals
Performs actuarial tasks using extensive knowledge of mathematics and business principles while learning Pricing, Valuation, Financial Reporting, Business Planning, Reinsurance, Capital Modeling, and/or Experience Analysis/Management concepts
Conducts fact gathering and claims analysis
Reviews and analyzes statistical data, including morbidity, mortality and termination experience, documentation, trend analysis, actuarial research
Develops pricing and valuation models
Compiles and categorizes data for experience analyses and prepares related reports
Prepares schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations
Performs other duties as required
Requirements
Bachelor’s Degree in Actuarial Science, Mathematics, Computer Science or a related field
Zero to one year of professional job-related work experience
Completion of one Society of Actuaries (SOA) exam and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA)
Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
Intermediate knowledge and skills in Microsoft Excel, Word and Access
Actuarial competencies
Basic technical knowledge & skill
Basic project management ability
Basic communication skills
Basic business knowledge & acumen
Basic ability to deliver results
Basic decision-making abilities
Values driven interaction with others
Benefits
Medical, dental, and vision coverage
Prescription drug coverage
Health care flexible spending
Dependent care flexible spending
Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)
401(k) plans
Annual bonuses
Opportunity to purchase company stock
11 paid holidays
Up to 20 days PTO
State-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)