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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Request, collect and analyze client data for benefit plans. Perform actuarial analysis, valuations, forecast cost projections and prepare client reports in support of Consulting Actuaries and client relationship teams.
• *Hybrid work 3 days per week in office (Mon-Wed)
• *Actuarial Development Program
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Coordinate the collection of relevant client data for review and analysis.
2. Perform actuarial valuations, forecasts and calculations in support of Consulting Actuary, clinical practices, and client relationship teams.
3. Evaluate and forecast plan experience to develop recommendations for plan design, contribution and funding strategies, and accounting policies.
4. Analyze results for reasonableness and prepare reports and presentations ensuring completeness and submit to senior team members for review. Ensure timely and accurate completion of all client deliverables.
5. Develop pricing, reserve calculations and process claims models. Analyze population health data to support clinical and wellness initiatives. Support actuarial valuations.
6. Utilize valuation systems, established processes, and spreadsheets to perform all necessary actuarial calculations.
7. Attend presentations with clients, client relationship teams, carriers and other third parties in support of Consulting Actuaries.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s degree in Actuarial Science, Mathematics, Finance, Computer Science, Statistics, or other analytical field or equivalent education and related training
2. Strong problem solving skills
3. Exceptional organizational and multiple project management skills
4. Attention to detail and quality oriented
5. Ability to effectively work in a team environment
6. Good analytical and writing skills
7. Ability to work in a fast paced, deadline oriented environment
8. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
9. Ability to travel, occasionally overnight
Preferred Qualifications:
1. Experience in an Actuarial Consulting practice
2. Currently pursuing actuarial exams with the Society of Actuaries (SOA)
3. Industry relevant licensing, professional credentials and continuing education
General Description of Available Benefits for Eligible Employees of TIH:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance Holdings, LP (TIH) offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment and tax-preferred savings accounts, along with other voluntary benefits. All regularly scheduled teammates (not temporary or contingent workers), regardless of the number of scheduled hours, can contribute to a 401(k) savings plan and you become eligible for Company matching contributions after one year of service and attainment of age 21. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH’s generous benefit plans, please visit our Benefits site. Eligible employees may have the opportunity to participate in a deferred compensation plan and/or have an ownership interest in TIH in the form of profits interest or capital interest. As you advance through the hiring process, you will learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
This position is part of TIH.
Truist Financial Corporation has completed the sale of Truist Insurance Holdings (TIH). As a result, TIH is a separate company from Truist Bank as of May 6, 2024. Refer to the news release for details.
TIH Insurance Holdings, LP (TIH) supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. TIH is a Drug Free Workplace.
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