Assistant Actuary, Life/Annuity – 9467

Assistant Actuary, Life/Annuity - 9467

Published: May 2, 2022
Remote, Any
Job Type
Job ID
Yrs Exp(min)
Salary (Mid)
Mark Nicklas
Recruiter Phone Number
800 543-2553 Ext. 104


Insurance company in the Midwest is seeking their next Assistant Actuary to join their Corporate Actuarial modeling team. This position is a department subject matter expert on actuarial model development and applications. This detail-oriented, results-driven individual will have advanced knowledge of industry practices and standards. The incumbent will assume the lead in the assigned responsibilities. This position is essential for the company's management of risk and to assure the appropriate level of profitability. This position is responsible for providing actionable information that enables good business decisions along with designing and managing project initiatives and business processes.
Prophet model development and testing of various given product types adhering to Model Risk Management policies and procedures; Responsible for running and analyzing certain recurring model applications such as ALM, ORSA compliance, Cash Flow Testing, Liquidity Testing and Financial Planning; Document decisions made, processes put in place and other work performed; Support process improvement projects; Perform stress testing and scenario analysis in order to equip management to make strategic decisions; Compile and analyze data, using statistical formulas and other actuarial methods; Prepare and review survey forms and reports for distribution; Set up, test, validate and maintain actuarial models for the specified actuarial purpose; Develop and implement procedures to comply with new regulatory, control or governance requirements; Respond to requests for information from other key employees within the company; Provide guidance, training and direction to other actuarial associates; Collaborate with stakeholders throughout the organization on business initiatives.
· 2-4+ years of actuarial modeling experience, with life and/or indexed annuity with living benefit experience
· Prophet software knowledge strongly preferred
· Associate or Fellow of the Society of Actuaries designation.
· Advanced knowledge of insurance products and concepts, actuarial theory and techniques, and regulation of the insurance industry.
· Project management experience with the ability to multi-task and switch back and forth between projects as needed.

To apply please email: Mark Nicklas | 800 543-2553 Ext. 104
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