Senior Associate Actuary

Chicago, Illinois 60606

Post Date: 03/14/2018 Job ID: 5912 Industry: Other Area(s)

McGrath Systems  currently has an opening for an Senior  Associate Actuary in Chicago for a direct hire opportunity. 

  • Pricing Model Owner responsible for the development, analysis and coding of new modeling techniques and methods
  • Assist with the pricing and modeling of both existing and innovative annuity products and riders
  • Build and maintain relationships with colleagues in Risk Management, Valuation, Planning, Finance, Sales and Marketing, IT and Legal
  • Coordinate model development with updates to the Prophet system and with other areas' projection models as appropriate
  • Evaluate pricing features and analyze profitability under multiple reporting frameworks, including Stat and GAAP accounting
  • Primarily communicate model and pricing analysis to more senior actuaries
  • Provide guidance and assistance to lower level positions

Minimum Qualifications (job level is flexible, depending on applicable experience):
  • Recent or near FSA
  • Applicants should have a minimum of 4 years of related experience with deferred annuity products
  • Experience with Prophet or similar actuarial software is preferred
  • Requires strong analytical and computer skills, including strong Microsoft Excel background
  • Superior communication and problem solving skills are essential
  • Sponsorship assistance is not available for this position.

McGrath Systems is an Equal Opportunity Employer and embraces diversity in the workplace.

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