Forrest T. Jones & Company Finance/FinTech

Actuarial Liaison

Kansas City, MO In person Full-time

Fidelity Security Life Insurance Company®, and its affiliates (“FSL”), is a profitable and growing organization that offers many of the industry’s most innovative individual and group supplemental health and life insurance products to clients, corporations, employers, and individuals, specializing in customized insurance products for niche markets.

The Actuarial Liaison is responsible for assisting with rate related aspects of the development, implementation, and ongoing management of FSL’s group health and life insurance products in accordance with FSL’s objectives.

This includes assisting with the coordination, development, and modification of rates for health and life insurance products through interaction with contracted outside actuaries/actuarial firms, FSL’s marketing partners, and internal actuarial, underwriting, compliance, administration, and marketing staff.

Expectations

  • Assist with preparing state specific actuarial memoranda and rate filing documents for pricing actuaries to review and sign
  • Assist with state rate filings and responses to state objection letters
  • Update the department’s documentation of rate and actuarial material filings and conditions of approval
  • Ensure rate related documents are organized and saved in the department’s electronic product folders
  • Test rate calculators built for FSL products (online and excel versions)
  • Calculate and prepare gross premiums upon request
  • Research and document state insurance department rate filing requirements
  • Prioritize assigned projects and deadlines with the assistance of management.
  • Provide management with regular updates on status of assigned tasks
  • Clear, concise, and professional communications
  • Accurate and timely completion of work and all other tasks as assigned

Competencies

  • Proficient use of Microsoft Office software, including Word and Excel
  • Excellent organization, math, critical thinking, and problem-solving skills
  • Strong communication skills with customer service orientation
  • Basic research skills (search, investigation, and critical analysis)

Self-Motivated/Self-Starter

  • Detailed, Accurate, and Efficient
  • Successfully interacts with external clients and internal departments at all organizational levels
  • Capability to see projects in totality and ensure team-oriented success in a complete and timely manner

Requisites

Bachelor's degree

Basic knowledge of supplemental health, disability, and life insurance products

Basic understanding of insurance product pricing

  • Expert in use of Microsoft Excel
  • Insurance Rate Compliance experience preferred
  • Successful completion of mathematics coursework preferred
  • Successful completion of actuarial science coursework beneficial
  • We offer comprehensive benefits to full-time employees including company-paid medical, STD, LTD and life insurance plus voluntary dental, vision, life/AD&D insurance, 401(k) with company matching, generous paid time off and much more.
  • We encourage applicants of all ages and experience, as we do not discriminate on the basis of an applicant’s age.
  • ALL OFFERS OF EMPLOYMENT ARE CONTINGENT UPON THE PASSING OF A DRUG SCREEN AND BACKGROUND CHECK.

Job description provided by Forrest T. Jones & Company.
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