Assistant Actuary

  • 38801
  • Life - Actuarial
  • |
  • Missouri, United States
  • |
  • Dec 15, 2020
Reinsurance
RESPONSIBILITIES
  • Develops, maintains, and/or reviews actuarial models for assigned blocks of business.
  • Performs Statutory, Tax, and GAAP valuation work for assigned blocks of business.
  • Develops unbiased financial plans for assigned blocks of business and assists with the communication of financial results in terms of major sources of variance.
  • Provides assistance with the enhancement of the Company’s projection and planning infrastructure, especially as it pertains to the development of common data repositories.
  • Provides support to senior valuation actuaries and assists with special projects.
  • Serves as a liaison with other valuation, administration, and accounting associates.
  • Participates in the development and enhancement of underlying processes and recommends improvements.
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QUALIFICATIONS
  • Bachelor’s degree in Actuarial Science, Math, Finance, Statistics, or a related field
  • ASA
  • 3+ years of actuarial experience in the life insurance industry
  • Master’s degree in Math, Finance, Actuarial Sciences, Statistics or related field
  • 1+ years of actuarial experience in life insurance
  • Intermediate PC and technical skills, including database applications (Access, Oracle, SQL or equivalent technology), spreadsheets, statistical programs and actuarial software.
  • Ability to compile, analyze, refine, and interpret large amounts of financial data/results and model projections
  • Competent knowledge and understanding of actuarial concepts
  • Ability to be flexible when needed, take initiative, and demonstrate accountability
  • Intermediate oral and written communication skills demonstrating ability to share and impart knowledge
  • Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
  • Ability to set goals, multitask and prioritize workload
  • Intermediate investigative, analytical and problem solving skills
  • Ability to work well within a team environment and participate in department/team projects
  • Ability to balance detail with departmental goals/objectives
  • Intermediate interpersonal skills
  • Ability to translate business needs and problems into viable/accepted solutions
  • Ability to foster customer service as needed
  • Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines and work well with all levels of management
  • General business knowledge
  • Competent in actuarial software
  • Ability to program in visual basic or equivalent
  • Competent understanding of key insurance-related concepts, including life & annuity products, reinsurance contracts, and basic GAAP, Statutory, and tax accounting principles.