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Actuary I

The Company:  Aflac Incorporated
The Location: 


The Division:  Global Risk & Actuary
Job Id:  3831

Job Summary

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.


Principal Duties & Responsibilities 

  • Performs actuarial tasks using extensive knowledge of mathematics and business principles while learning Pricing, Valuation, Financial Reporting, Business Planning, 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; incumbent is instructed on all assignments and refers any question or problem to more experienced personnel 
  • Performs other duties as required


Education & Experience Required

  • Bachelor's Degree actuarial science, mathematics, computer science, or a related field
  • completion of one Society of Actuaries (SOA) exam and commitment to completing exams leading to an Associate of the Society of Actuaries (ASA) designation
  • currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
  • zero to one year of professional job-related work experience


Or an equivalent combination of education and experience.


Job Knowledge & Skills 

  • Intermediate knowledge and skills in Microsoft Excel, Word and Access 
  • Actuarial 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 Understand and explain 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 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. 
  • 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



  • Acting with Integrity 
  • Communicating Effectively 
  • Pursuing Self-Development 
  • Serving Customers 
  • Supporting Change 
  • Supporting Organizational Goals 
  • Working with Diverse Populations 


Working Conditions

The statements below describe the general nature and level of the work and are not an exhaustive list of all responsibilities, duties, and skills required.

Normal office environment (virtual and/or in-person)



≤ 10%


Career Progression Acknowledgement

Normal Career Progression - This is a normal career progression (NCP) position and incumbent may progress to the next level in the job family without further competition when there is an existing business need, qualifications identified in the job profile are met, advancement recommended by management, with human resources approval, and in accordance with company guidelines.