Title: Para-Actuary I Location: Columbus GA, US Workplace: 1000 Job Description: The Division: Corporate Actuary Job Id: 9429 Salary Range: $50,000 - $65,000 We’ve Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. Worker Designation – This role is hybrid. This means you will be expected to report to one of our Aflac offices located in Columbus, GA for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership. What does it take to be successful at Aflac? - Acting with Integrity - Communicating Effectively - Pursuing Self-Development - Serving Customers - Supporting Change - Supporting Organizational Goals - Working with Diverse Populations What does it take to be successful in this role? - Excellent oral, written, and interpersonal skills to effectively interact with all levels of the organization - Intermediate knowledge and skills in Microsoft Excel, Word, PowerPoint, and SQL - Basic knowledge of accounting principles preferred - Excellent attention to detail to ensure accuracy - Ability to meet deadlines Para-Actuary Competencies Technical Knowledge & Skill - Basic Performs data analysis, synthesizes it into something meaningful, and develops materials and presentation of findings. Understands data limitations and considers influence of business processes, market segmentation strategies, and industry factors on analysis. Identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk. - Project Management - Basic Can effectively lead projects, including those with cross-functional accountabilities. Highly responsive to dynamic business needs while partnering with other functional or operational areas. Identifies and initiates projects suggested by business needs or strategies and reprioritizes work/seeks resources as necessary. - Communication - Basic Understands, listens and explains business issues and potential solutions in a way that results in informed decision making. Proactively and routinely seeks out business partners to provide timely summary of practice area results. Has clear examples of delivering business concepts and messaging, along with presentation skills, to a wide variety of audiences. - Business Knowledge & Acumen - Basic Aligns actuarial analysis and findings with the broader goals of the organization. Understands all of Aflac's products and business functions. Looks at problems from the overall business framework, rather than only a technical framework, and links the technical actuarial analysis to the bottom line. - Delivers Results - Basic Develops projects, plans, and priorities that are consistent with business initiatives and goals. Consistently achieves results, personally and through others that contribute business value. Develops actions that lead to stated business goals based on actuarial or financial findings. - Develops Self & Others - Basic Steps outside actuarial competencies and develops broader business acumen -- goes beyond the technical aspect of a problem. Creates valued business partnerships based on consulting advice provided; seeks out opportunities to mentor others. Participates in new and challenging work experiences outside of one's own functional area. - Influencing - Basic Interprets business and technical information in a way that influences key decision makers / stakeholders. Drives discussions on meaningful business issues and potential solutions with external partners. Demonstrates the ability to build agreement through composure, commitment, cooperation, and enthusiasm for recommendations -- even with difficult messages. - Makes Effective Decisions - Basic Provides timely analysis to reach a recommendation, even with incomplete data; not averse to simply approximate an answer. Includes others in decision making as warranted to obtain good input and ensure buy-in for decisions. Evaluates options by considering implications and consequences -- makes decisions outside the bounds of ""the way it's always been done”. - Values Driven - Interacts with others in a way that gives them confidence in one's intentions. Listens with respect and objectivity even when others' opinions conflict with one's own. Adheres to standards of professional conduct Education & Experience Required - Bachelor's Degree in Mathematics, Business Administration, Statistics, Computer Science, Finance, Accounting, or a related field - Zero to two years of related work experience Or an equivalent combination of education and experience Travel Less than or equal to 10% Principal Duties & Responsibilities - Performs tasks to support monthly and quarterly financial reporting - Principal Duties & Responsibilities may include (varies by functional area, i.e. pricing, valuation): - Gathers information from various systems and departments per actuarial request - Researches, compiles and categorizes data for experience analyses using PC and mainframe platforms and prepares related reports - Prepares schedules of statistics, premiums, reserves, etc - Assists with the preparation of Statutory annual statements and other year-end reporting - Researches, plans, organizes, and conducts needed analysis on relevant information to stay abreast of legislative changes in the industry; reviews insurance laws and regulations, and works with team members to determine the impact on Aflac’s policies and services; communicates with state insurance departments to resolve issues, answers questions, clarifies interpretation of laws, regulations, rate filings, and potential changes in business practices - Develops appropriate analytical models and reports for special studies using SQL, Excel, and Visual Basic; runs and modifies existing programs such as asset shares, reserve factor development, loss ratio studies, lapse rate studies and company projections - Assists in the development, setting assumptions, and pricing of new products; checks source of data to verify completeness and accuracy - Maintains effective and accurate online records, databases, or manual filing systems that provide a quick-reference database for information on department activity and document/correspondence status; collects data for and prepares department productivity reports, statistical reports, and other ad hoc reports - Assists with internal and external audits and statutory examinations. - Performs other duties as required Total Rewards The salary range for this job is $50,000 - $65,000. This range is specific to the job and salary offers consider a wide range of factors that are considered in making compensation decisions, including, but not limited to: education, experience, licensure, certifications, geographic location, and peer compensation. The range has been created in good faith based on information known to Aflac at the time of the posting. At Aflac, it is not typical for an individual to be hired at or near the top of the range for the role to allow for future and continued salary growth, and compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate. In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee), 401(k) plans, annual bonuses, and an opportunity to purchase company stock. On an annual basis, you’ll also be offered 11 paid holidays, up to 20 days PTO to be used for any reason, and, if eligible, state-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked) and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to, sick and safe leave, and adoption and parental leave, in all states and localities.