Mutual of Omaha · 12 hours ago
Actuary (ASA/FSA) - Remote
United States
Full-time
Remote
Senior Level
$139K/yr - $177K/yrMutual of Omaha is a leading insurance company, and they are seeking an Actuary to lead pricing modeling and assumption setting for their Term Life products. The role involves developing financial projections, pricing models, and conducting risk assessments to ensure profitability and compliance with actuarial standards.
Auto InsuranceCommercial InsuranceFinancial ServicesHealth InsuranceInsuranceLife InsuranceProperty Insurance
No H1B
Responsibilities
Creates and develops detailed financial projections from AXIS for product development efforts, annual business plan, and quarterly business review
Develops detailed product rates for new and repriced term life products
Responsible for pricing model design in AXIS and assumption development in Snowflake, including recommendations and communication
Improves Internal Term rate setting and modelling processes with a focus on operational efficiency and excellence
Reviews product specifications and assists in the cost/benefit analysis of changes during product detailed design or implementation
Analyzes financial and non-financial data to identify trends or indicators and makes recommendations related to management of the product or product grouping based on analysis of the results
Prepares actuarial memoranda on internal documentation or for external state insurance departments, subject to approval by product director
Conducts special analytical projects related to new opportunities and the management of both financial and non-financial aspects of the product or product grouping
Identifies and assesses risk in actuarial models and responsibilities. Complies with actuarial standards of practice, precepts and enterprise risk management responsibilities. Supports enterprise wide risk management initiatives
Assists in planning, organizing, staffing, and/or leading staff. This includes assigning and checking work, conducting on-the-job training, and providing input for performance appraisal(s) of entry level actuarial staff
Assists in developing and maintaining an engaged and accountable workforce and maintaining a fair and equitable working environment
Qualification
Required
Minimum of an ASA required, FSA preferred
Modeling experience required, AXIS experience preferred
Bachelor's in actuarial science, Math, Economics or related field
Aptitude for statistical interpretation; a working knowledge of accounting practices, actuarial assumptions and formulae
Leadership, communication, presentation, and analytical skills
Creativity, curiosity, awareness of emerging environmental and industry trends, and strong problem-solving acumen using business-oriented solutions
You promote a culture of diversity and inclusion, value different ideas and opinions, and listen courageously, remaining curious in all that you do
Able to work remotely with access to a high-speed internet connection and located in the United States or Puerto Rico
Benefits
401(k) plan with a 2% company contribution and 6% company match.
Work-life balance with vacation, personal time and paid holidays.
Company
Mutual of Omaha
Mutual Of Omaha is a mutual insurance and financial services company helping clients achieve their financial goals.
Founded in 1909
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
James Blackledge
CEO
David A. Diamond
EVP, CFO and Treasurer (Retired)
Recent News
2025-12-24
2025-11-15
PR Newswire
2025-10-29
Company data provided by crunchbase