Actuarial Associate

  • 35619
  • Life - Actuarial
  • |
  • Connecticut, United States
  • |
  • Aug 13, 2019
Insurance
RESPONSIBILITIES
  • Life valuation under various frameworks including principle based reserves.
  • Performs actuarial research, audits, experience studies, statistical analysis and calculations.
  • Provides support to policyholders, including answering questions and relaying information.
  • Directs or provides manual calculation support to the administrative system.
  • Assists in preparing the actuarial portions of the financial statements and compiles, evaluates and certifies statistical data.
  • Develops procedures and solutions to address new situations, often working with other departments within the company.
  • Uses modeling software to assess risk and provide management information in support of product development, valuation, and ALM efforts.
  • Creates and maintains regulatory compliance documents.
  • Prepares and sits for actuarial exams. Passes exams to meet minimum Program requirements for exam progress.
QUALIFICATIONS
  • BA or BS degree in Mathematics, Statistics, Economics or Actuarial Science.
  • 4+ years of related responsible actuarial and insurance industry experience or equivalent combination of training and experience.
  • Associate of the Society of Actuaries designation; working toward FSA if on exam track.
  • Knowledge of insurance industry.
  • Good math skills.
  • Ability to quickly learn new concepts and apply that knowledge to solve problems.
  • Strong communication skills and business judgment.
  • ASA preferred.
  • Ingenium, Life70.
  • Microsoft Office, including Word, Excel and PowerPoint.
  • Experience with PCs and related spreadsheet software, some programming skill.
  • Navigator.
  • Experience with Actuarial software, especially AXIS preferred.
  • Ability to think strategically by innovating, initiating and understanding how work connects to others.
  • Proven ability to collaborate and build relationships and resolve conflicts.
  • Ability to make decisions, plan and prioritize work towards the achievement of personal and company objectives.
  • Value, promote and act with integrity.
  • Succinct, user-friendly, clear and useful documentation of work including essential information for reproduction of work.
  • Accuracy; completes work accurately the first time.
  • Time management; ability to meet deadlines.
  • Ability to work on multiple projects and move them forward.
  • Recommend improvements and efficiencies in processes and procedures.