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Unum

Director, Pricing Actuary (Hybrid)

Unum, Atlanta, Georgia, United States, 30383


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.

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. 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

The base salary range for applicants for this position is listed below. 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

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