Senior Actuarial Associate - Voluntary Benefits in Minneapolis, MN at Voya

Date Posted: 8/6/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    20 North Washington Avenue
    Minneapolis, MN
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/6/2018

Job Description

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Profile Summary:

Voluntary pricing role within the Employee Benefits division supporting a significant growth area for the company.  Operates with a high degree of autonomy and has full responsibility for the direction and completion of ongoing projects while working on a regular basis with key functions such as underwriting, products, operations, finance, and sales. 


Profile Description:

  • Coordinate, prepare and perform actuarial analysis to assist in the development of rates, pricing strategies, and financial forecasts used in actuarial recommendations and reporting.
  • Routinely review competitive environment for voluntary products.
  • Develop and maintain pricing models.
  • Perform experience analysis and assist in actuarial product filings.
  • Develop, calculate and/or check policy values, net premiums, reserves and/or non-forfeiture values
  • Assist in preparation of actuarial response and communication of results of actuarial research to product management areas. 
  • Provide consultation and clarification on actuarial models and risk issues.
  • Participate in Actuarial Student Rotation Program.

Knowledge & Experience:

  • Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline
  • Completion of 5-6 actuarial exams; ASA
  • 3-4+ years finance, insurance industry, or actuarial experience
  • 2-3 years of voluntary product pricing experience to include individual life and group accident, group critical illness, group hospital or group disability
  • Solid base understanding of insurance products and insurance company operations
  • Excellent computer skills (especially Excel, Access, Visual Basic)
  • Strong oral and written communication skills; able to communicate with manager, team members and partners/customers
  • Detail oriented and strong analytical problem-solving skills

#LI-KD1

Critical Skills
At Voya, we have identified the following critical skills which are key to success in our culture: 

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals. 
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions. 
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn more about Critical Skills.

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