Unum
Director, Pricing Actuary (Hybrid)
Unum, Portland, Oregon, United States, 97204
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
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. 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
#J-18808-Ljbffr
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
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. 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
#J-18808-Ljbffr