Aflac Incorporated, located in GA, US, in the division of Aflac Re - Bermuda, is seeking an Actuary III. This role is hybrid, requiring at least 60% of the work week to be spent in one of our Aflac offices located in Columbus, GA, with the remaining portion to be worked from home within the continental US. Details of this schedule will be discussed with your leadership.
Under general supervision, codes, parametrizes, and utilizes actuarial models to solve problems which may include: pricing, reserving/reserve testing, experience studies, business planning, reinsurance, or capital planning; Analyzes output from models for reasonability and generates reports; May make adjustments and improvements to models or perform model review and validation, when appropriate; Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations; Develops raw data into assumption basis with which to parameterize models.
To be successful at Aflac, one must act with integrity, communicate effectively, pursue self-development, serve customers, support change, support organizational goals, and work with diverse populations. To be successful in this role, proficiency at coding models in various applications (Excel, Mainframe, SQL, MG-Alfa or similar actuarial software) is required, along with good verbal and written communication skills. Advanced actuarial competencies, technical knowledge and skill, project management, communication, business knowledge and acumen, delivering results, developing self and others, influencing, making effective decisions, values driven interactions, building talent, and engaging employees to the vision are also essential.
Education and experience required include a Bachelor's Degree in Actuarial Science, Mathematics, Computer Science or a related field, three years of professional job-related work experience, an Associate of the Society of Actuaries (ASA) designation from the Society of Actuaries (SOA) with a commitment to continue toward Fellow of the Society of Actuaries (FSA) designation, and currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program (ASA and recent FSA).
Principal duties and responsibilities include utilizing knowledge of actuarial standards of practice and business acumen to solve challenging actuarial questions, working with other departments to complete assignments on schedule, reviewing and analyzing statistical data, using understanding of standard concepts, practices, and procedures, communicating the findings of actuarial work to managers and executives, and performing other duties as required.
Travel is less than or equal to 10%. Total rewards include a salary range of $100,000 to $130,000, an array of benefits including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, annual bonuses, and an opportunity to purchase company stock, 11 paid holidays, up to 20 days PTO, and state-mandated sick leave and other leaves of absence as needed to support physical, financial, and emotional well-being.