DXC Technology Professional Actuary - Life insurance in Nashville, Tennessee
Essential Job Functions
Conducts moderately complex risk analyses using mathematical modeling techniques and statistical concepts; determines probability and assesses potential risk.
Summarizes and prepares reports to advise management of implications of analyses with regard to potential risk issues; recommends potential courses of action and follows through on recommendations as approved.
Advises management on the administration of insurance scenarios to reduce liabilities and ensure regulatory compliance.
Interacts with clients to gather information regarding circumstances and potential risks in order to ensure clients are properly informed about insurance risks. Designs and implements products that meet client specific needs as appropriate.
Works with information technology professionals to develop systems to ensure compliance with requirements of regulatory bodies. Oversees product implementation process, ensuring solution integrates properly, costs are justified and appropriate.
Calculates premium rates, funding rates for pension scenarios, asset liability modeling, product developments, and profit testing in order to predict future liabilities; conducts periodic valuations of assets and liabilities.
Provides data and information to appropriate public agencies or agents regarding liability or regulatory compliances.
Provides advice and counsel to others within the organization concerning insurance risk; creates recommendations regarding appropriate courses of action.
Provides training to less experienced personnel on actuarial concepts.
Designs, analyzes and programs application software; conducts complex bug verification and release testing as assigned. Implements improvements and enhancements to meet client needs.
Life insurance Experience is Required
Programming Experience with SAS and SQL Preferred
Experience with Product Development and Tax Laws Preferred
Bachelor's degree or equivalent combination of education and experience
Bachelor's degree in actuarial sciences or related field preferred
Six or more years of actuarial experience
Experience working with actuarial statistical methods
Experience working with insurance practices and regulatory policies
Experience working with organizational insurance procedures and policies
Experience working with insurance technology applications and software
Good communication skills
Good computer and statistical equipment skills
Organization and planning skills
Strong analytical and problem solving skills
Ability to work independently
Ability to create and present actuarial science reports of findings
DXC Technology is EEO F/M/Protected Veteran/ Individual with Disabilities