Actuarial Assistant II - 9745
Description
The Actuarial Assistant II provides actuarial analysis and technical skills in support of fulfilling the strategic objectives for the Valuation Actuarial Department. The Assistant contributes to the management and financial success of annuity and retirement products by performing GAAP modeling, attribution analysis, analyzing in-force business, and performing model testing duties. Candidates must possess strong programming, financial and analytical skills and be able to successfully work with the Model Development, Finance, and Pricing Departments in support of a variety of actuarial initiatives.
Duties and Responsibilities:
Perform mathematical and financial calculations
Provide support for GAAP modeling initiatives
Support preparation of annual statements and reports
Building reports/analysis and automation from data repository
Interpret and analyze model results from actuarial software systems
Test model enhancements, including regression and unit testing
Running actuarial modeling software
Perform other tasks as assigned
Qualifications:
Bachelor’s degree with major or minor in Actuarial Science or Mathematics
Three years of actuarial experience
The Actuarial Assistant II is in pursuit of the Associate of the Society of Actuaries (ASA) designation and has completed and passed 2-3 exams
Strong computer skills including Excel and actuarial software
Good written and verbal communication skills
Strong problem solving, analytical and decision-making skills
Strong initiative and ability to work independently
Preferred Qualifications:
ASA designation with at least 4 exams completed successfully
Experience in the valuation / financial reporting area, GAAP
Experience with actuarial software required (Prophet, CASE, MG-Alpha, MG-Triton, etc.), Prophet
Coding experience in SQL, VBA, Python, etc.
Annuity (VA, FA, FIA) and/or Life GAAP Modeling experience