Associate Actuary
About the role
The Associate Actuary provides actuarial analysis and technical skills in support of fulfilling the strategic objectives for the Valuation Actuarial Department within Security Benefit Life Insurance Company. The associate contributes to the management and financial success of life, annuity and retirement products by performing Statutory modeling, attribution analysis, analyzing in-force business, and performing model testing duties.
Responsibilities
- Perform mathematical and financial calculations
- Asset Adequacy Testing and VM-21 modeling
- Statutory modeling
- Support preparation of actuarial memorandum, exhibits and reports
- Interpret and analyze model results from actuarial software systems
- Test model enhancements, including regression and unit testing
- Perform other tasks as assigned
Requirements
- Bachelor’s degree with major or minor in Actuarial Science or Mathematics
- Associate or Fellow of Society of Actuaries credential
- Minimum five years of actuarial experience
- Annuity (FIA, VA, FA) Statutory Modeling experience preferred
- Experience with actuarial modeling software preferred; using Prophet a plus
- Strong computer skills including Excel and actuarial software
- Strong programming / scripting skills including VBA, SQL, or Python preferred
- Good written and verbal communication skills
- Strong problem solving, analytical and decision-making skills
- Strong initiative and ability to work independently
Qualifications
Candidates must possess strong programming, financial and analytical skills and be able to successfully work with the Model Development, Planning, Pricing, and ERM Departments in support of a variety of actuarial initiatives.
Skills
- Strong computer skills including Excel and actuarial software
- Strong programming / scripting skills including VBA, SQL, or Python
- Good written and verbal communication skills
- Strong problem solving, analytical and decision-making skills
- Strong initiative and ability to work independently
Benefits
We are proud to have been recognized as one of the best in the business: Named to Ward’s 50 list of top-performing life-health insurance companies Recognized on list of Ingram’s Top 100 Private Companies in the Kansas City area in 2024
Pay
Competitive salary and annual incentive bonuses to reward your contributions.
Schedule
Flexible schedule with options to work both remotely and on-site.