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Under direct supervision, performs assignments intended to expose the incumbent to many facets of actuarial work; develops an understanding of the business and the departmental and company goals.
Job Responsibility:
Performs actuarial tasks using extensive knowledge of mathematics and business principles while learning Pricing, Valuation, Financial Reporting, Business Planning, Reinsurance, Capital Modeling, and/or Experience Analysis/Management concepts
conducts fact gathering and claims analysis
reviews and analyzes statistical data, including morbidity, mortality and termination experience, documentation, trend analysis, actuarial research
develops pricing and valuation models
Compiles and categorizes data for experience analyses and prepares related reports
prepares schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations
Performs other duties as required
Requirements:
Bachelor’s Degree in Actuarial Science, Mathematics, Computer Science or a related field
Zero to one year of professional job-related work experience
Completion of one Society of Actuaries (SOA) exam and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA)
Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
Intermediate knowledge and skills in Microsoft Excel, Word and Access