Actuarial Associate

  • 35968
  • Life - Actuarial
  • |
  • Connecticut, United States
  • |
  • Oct 3, 2019
Insurance
RESPONSIBILITIES
  • Develops premium, dividend scales, reserves and non-forfeiture values for new and existing plans of insurance.
  • 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.
  • If on exam track: 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. Will consider FSA if candidate has.
  • Life Insurance Product Development Knowledge.
  • Whole Life Insurance experience.
  • Knowledge of Life Insurance and Regulations.
  • Actuarial modeling and Excel proficiency.