Aflac is hiring a

Senior Actuary

5 days
Permanent
Conducts pricing analysis by developing pricing tools and actuarial models under oversight of the Aflac Re Chief Actuary and in accordance with Aflac Re Underwriting and Pricing Guidelines; works in close collaboration with Aflac Inc. personnel under intercompany agreements. Performs attribution analysis and stress testing analysis relevant for transaction pricing with respect to changes of key assumptions and inputs; prepares and organizes results from different analyses to present to Aflac Re Chief Actuary to support decision making. Prepares materials for internal and external discussions including, but not limited to, presentations for pricing committee approval, Aflac Re board meetings and Aflac Inc. global committee meetings. Provides reinsurance transaction support which includes managing and coordinating validation review, governance and compliance, regulatory transaction application, and stakeholder updates Works closely and collaborates with other business partners (including, but not limited to, product development, corporate actuarial, finance and accounting, risk, investments, and tax for Aflac Re, Aflac Incorporated, Aflac US, and/or Aflac Japan) as well as external consultants. With respect to work that is done by service providers, detailed reviews of model changes to ensure accuracy of the results Maintains and enhances pricing tools and related data and system infrastructure to streamline the process; works closely with various modeling and model validation teams.

Requirements

A Bachelor's Degree in Actuarial science, mathematics, finance, computer science, or a related field. An FSA designation from the Society of Actuaries (SOA), or a designation from a relevant international actuarial organization such as the United Kingdom or Japan. Ten years of experience working in the actuarial field that includes modeling, pricing, valuation, forecasting, or data modeling is required. Experience and expertise in at least one area such as modeling, pricing, valuation, risk, reinsurance, or data analysis. Proficient in actuarial industry modeling software (MG-Alfa is preferred). Proficient at coding (such as Excel-VBA, SQL, Python, C-type language). Proficient in Microsoft Excel, PowerPoint, and Word. Experience in direct or reinsurance pricing, valuation and reporting is required. Experience in different functions such as finance, investment, ALM and risk is preferred but not a requirement. Good understanding and working experience in Bermuda EBS is required. Some understanding of other reporting bases such as US GAAP LDTI reserve, US statutory reserve, US tax reserve, Japan GAAP reserve, IAIS ICS capital, Japan capital requirement is preferred. Strong project management skills to work on multiple cross-functional efforts and to deliver and report on projects timely. Strong written and oral communication skills including the ability to articulate technical results and concepts to non-technical audience and influence others.

Salary

Not specified

Benefits

Not specified

How to Apply

Please send your CV & references to: info@acumengroup.com or Suite 340, 11 Bermudiana Road, Pembroke, HM08
Finance
Actuarial
Insurance
Afla
Aflac Recruitment
Suite 340, 11 Bermudiana Road, Pembroke, HM08
info@acumengroup.com
400-6001
May 6, 2025

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