POSITION TITLE: Senior Actuary
REPORTS TO: CFO
LOCATION: Phoenix, AZ 85018
COMPENSATION: DOE (negotiable) + Bonus + Company paid benefits (health/dental/life)
THE COMPANY: Londen Insurance Group/Lincoln Heritage Life
ABOUT LONDEN:
The Londen Companies (est. 1963) are comprised by the following: Lincoln Heritage Life Insurance, KAZ-TV/Londen Media, and Londen Land. We are a privately held, family owned company that promotes a pleasant stable work environment for its associates. Our companies are among the nationwide leaders in the final expense market. Last year, we issued nearly 70,000 new policies. While there are many reasons for this success, we feel the number one reason is our total dedication to service.
Londen Companies Values include team spirit attitude, bonus system that acknowledges and rewards service excellence. There is a better way to do everything we do. Business casual, Upbeat positive atmosphere we are located in upscale Arcadia area of Phoenix; bestowed with beautiful sunshine, signature/resort golf and only 5 minutes away from premier lifestyle communities of Paradise Valley, Scottsdale and Biltmore. Awesome company paid benefits including 401K and Medical/Dental/Life and career/advancement opportunities.
POSITION SUMMARY:
You will serve as a hands-on Senior Actuary for life and annuity projects. The role will focus on special projects across several disciplines. Special project work typically consists of product development, corporate modeling, and/or regulator work, making a broad actuarial background critical.
You will be responsible for all actuarial decisions for our Insurance company and work directly with industry regulators/leaders in a liasion/representative role, reporting directly to the CFO of the Londen Companies.
Applicants will need to demonstrate strong communication, collaboration and innovation skills in addition to the necessary hands-on technical skills.
PRIMARY REPONSIBILITIES:
• Acquires and applies expert knowledge of the business, its products, and processes.
• Utilizes actuarial modeling software driven models for pricing, valuation, and/or risk management. Enters data and tables, runs models, and generates reports. May make adjustments and improvements to models, when appropriate.
• Maintains proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.
• Identifies critical experience areas to monitor and suggest timely remedies to correct or prevent unfavorable trends. Identifies sources of gain and loss by product and assumption.
• Tests pricing assumptions and the appropriate premiums, interests margins, reserves, and cash values for new products.
• Advises senior management on issues. Serves as the primary resource for cross-functional team members on escalated issues of a unique nature.