Actuarial Associate

About the role

This role is part of the actuarial development program. We provide our actuarial trainees with a broad background in both theoretical and practical applications of actuarial science by combining rotating job assignments with support towards the completion of the actuarial exams. We also provide significant opportunities to improve business and leadership skills that enable advancement through the company and prove valuable throughout one's career.

Responsibilities

• Developing premiums and benefits for new and enhanced insurance products
• Designing new products and product features
• Monitoring experience and developing modeling assumptions
• Calculating reserves and reporting actuarial balances
• Projecting product profitability and analyzing drivers of financial performance
• Quantifying risk exposure and proposing ways to manage risk
• Special projects as assigned

Qualifications

• Preferred near ASA with intention to work towards FSA designation in the Society of Actuaries
• Passage of three or more Society of Actuaries Exams required
• 2+ years of prior full-time actuarial experience
• Bachelor's degree with preferred majors in Actuarial Science, Computer Science, Data Science, Mathematics, Statistics, Engineering, Economics, or Finance
• Prefer cumulative GPA of 3.0 or higher
• Strong communication and interpersonal skills
• Analytically minded
• Strong decision making abilities
• Knowledge of modeling packages, programming languages, and spreadsheet/database software

Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.

Pay

The salary range for this position is $100,000–$143,000. The role is exempt from overtime eligibility. Employees are eligible for an annual discretionary bonus and may also be eligible to participate in an incentive program. Actual base salary will be determined based on factors such as experience, skills, qualifications, and job location.

Schedule

Hybrid work schedule: three days per week in the office (Tuesday, Wednesday, Thursday) with the option to work remotely on Monday and Friday.