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Life Actuary
Farm Bureau Life Insurance Company of Michigan
Job Location: Lansing, MI

Farm Bureau Life Insurance Company of Michigan

Job ID: 2021-3329
# of Openings: 1
Location: Lansing, MI
Category: Actuarial
Company Name: Farm Bureau Life Insurance Company of Michigan
Status: Regular Full-Time
Work Hours: Monday-Friday, 8:00 a.m.-4:30 p.m.
Salary Minimum: USD $85,190.00/Yr.


To maintain and/or develop life actuarial programs, spreadsheets, reports, models, and supporting information for preparation of specific financial reporting, product development, and regulatory and analytical tasks.


Oversee and monitor monthly and annual experience studies and make recommendations for modeling assumptions, including mortality and persistency assumptions.

Monitor the experience of major pricing assumptions for all products. Design and price new products consistent with the corporate objectives and needs. Maintain up-to-date information on changes in products offered by other life insurance companies.

Oversee and develop recommendations for interest rates and other non-guaranteed elements for existing products.


Required: Bachelor's degree required, preferably in mathematics, statistics or actuarial science. Three years life actuarial experience required. Working knowledge of Microsoft Office products (e.g., Word and Excel) required. Willingness to pursue continuing job-related training and education required. Completion of the Associate of the Society of Actuaries (ASA) designation required.

Preferred: Five years life actuarial experience preferred. Experience in pricing, multivariate analysis, and reserving preferred.

Note: This position may potentially become a Remote - Work From Home opportunity.

**If a candidate is not identified, a Senior Life Actuary may be considered based on level of experience.**


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


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