Insurance company in the Midwest has a need for a junior level Actuarial Associate. The incumbent will have the opportunity to assist in one of various roles such as financial planning & analysis, assumption development, model management, valuation or cash flow projections within the Corporate Actuarial Team.

RESPONSIBILITIES:
This incumbent will start in the Financial Planning & Analysis (FP&A) team, and will have exposures to the following spectrum of career opportunities through the rotations in the Actuarial Student Program:
· Assist with budgeting, forecasting and impact analysis on balance sheet and income statement across multiple financial reporting regimes (U.S. GAAP, STAT, Tax and outside U.S. jurisdictions)
· Contributes to the development of policyholder behavior actuarial assumptions from the experience study results utilizing advanced predictive modeling techniques;
· Assists with timely and accurate reporting, validation and analysis of GAAP and Stat liabilities, economic reserve, ALM, embedded value, or free cash flows;
· Assists with model update changes due to model change requests
· Collaborates with Corporate Actuarial Team and other teams
· Supports the Actuarial Data Team in understanding the desired data and identifying solutions for MG-ALFA Modeling;
· Assists in building and enhancing internal controls;
· Assists in completing reporting deliverables on a monthly or a quarterly cycle;
· Supports applicable internal or external audit requests
· Performs actuarial work on a range of projects as well as special projects

EDUCATION AND/OR EXPERIENCE:
Bachelor’s degree in actuarial science, mathematics, statistics or related field
· Candidates should have 1-3 years of Actuarial experience
At least three actuarial exams completed
· Experience working with Microsoft Excel and Word required;
· Experience using SQL and relational database, and actuarial platform (such as MG-ALFA) preferred;
· Experience working with annuity products preferred.