Job Purpose:

TruStage is a direct-to-consumer insurance brand that offers a different approach to insurance. Built on the strength of CUNA Mutual Group, we leverage over 85 years of stability, expertise, and credit union experience to take a member-focused approach to all that we do. We know that what we do matters, and our passion lies in ensuring the people we serve have the opportunity and access to protect what matters most in their lives.

A career with TruStage offers countless ways to make an impact in a fast-growing organization. Led by an engaged senior leadership team with a clear and exciting vision for the future, we understand the critical role this individual plays in providing needed Product Pricing support. We are looking for a collaborative, highly motivated individual who shares our passion, has a positive attitude and strong communication skills to join our high-performing team as Product Pricing Analyst.

Product Pricing Analyst – will be part of Product Solutions team primarily working on TruStage Life, Health, Credit Insurance, and other legacy products including LTC product. The Analyst will utilize strong business acumen and analysis skills to understand and quantify the steps required, impacts, and benefits associated with implementing or changing business process, rules, regulations and policies. Analyst will support Credit Insurance (CI) and LTC filing needs by reviewing state regulations/requirements and following filing procedures. The analyst will be responsible to work with other teams to trouble shoot issues, provide data, and be available to answer questions. The analyst will also peer/tech review other team members’ work, investigate business situations, and evaluate options for improving business processes.

Framework General Profile and Scope:

Requires in-depth business knowledge and experience.
Acts as a resource for colleagues with less experience; may lead small projects with manageable risks and resource requirements.
Uses best practices and knowledge of internal or external business issues to improve products or services.
Solves complex problems; takes a new perspective using existing solutions and approaches changes with flexibility.
Works independently, receives minimal guidance.
Acts as a resource for colleagues with less experience.
Job Responsibilities:

Conducts independent Credit Insurance Pricing analysis, draws conclusions and makes recommendations for review by the Credit Insurance Actuary
Recognizes potential issues and performs basic research to determine estimated impact
Provides enhanced analysis, insights and recommendations in support of the product/business leaders.
Monitor results, research cause of performance changes and recommend solutions to senior management.
Design and maintain periodic and ad-hoc reports as needed by the business.
Develops a deep understanding of Credit Insurance and LTC filings and rate implementation processes
Obtains and interprets Credit Insurance and LTC regulations
Writes basic reports including Actuarial Memorandums and responses to states’ objections
Communicates clearly with Regulators via SERFF, email and phone
The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.

Job Requirements:

Bachelor’s degree in related field or equivalent trade off in related professional experience.
Minimum of 2 years work experience in an analytical or insurance setting
Ability to understand regulations, work with IT systems, software, MS-Office tools and data
Ability to communicate technical concepts to non-technical audiences in an informal setting
Ability to write basic actuarial reports
Ability to pay attention to detail, produce accurate results and develop self-validation skills
Strong organization and time management skills
Ability to handle multiple tasks and meet critical deadlines
Ability to work independently and as part of a team
Ability to requisition and direct the work of non-actuarial COE staff
Ability to develop and use collaborative relationships to facilitate the accomplishment of work goals