The Actuarial Analyst supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide advanced analysis to moderately complex, defined tasks & projects.
This role recommends and implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. The Actuarial Analyst demonstrates the ability to understand direction provided in project deliverables, time management, and development.
This role is expected to also participate in the department's exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant's product suite.
The Actuarial Analyst is responsible for: Owns the process of responding to all internal, external or ad hoc requests for business unit/product line supported with direct guidance from manager.Appropriately analyzes, adds updates, and summarizes existing memorandum templates.Locates and reconciles data from various source systems; ensures accuracy and recognizes adjustments needed for possible data anomalies.Gathers information from different internal departments and completes reports and analysis as directed; understands and develops process flows; incorporates feedback provided for reporting and communications.Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes, gaps, strategy & improvements.Identifies system and data inefficiencies; provides recommendations to resolve.Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.Participates in cross-training and knowledge sharing within team/department to accomplish goals.Actively manages self-development. Takes actuarial exams in pursuit of professional designation.Does this sound like you? Bachelor's degree in Mathematics, Actuarial Science, or related field and a minimum of 4-6+ exams completed.Minimum of 4-8 years of overall experience.Must be pursuing actuarial designation or is already an Associate of the Actuarial Society (CAS/SOA/CIA/IFoA).Minimum of 3-6 years of progressive responsibilities and related experience in an actuarial role.Has advanced level of understanding actuarial concepts, insurance product and industry knowledge.Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency in various data repository platforms (SAS/SQL/etc.).If you think you are a perfect fit for this role, please click the link to apply. Submit your resume accompanied by a cover letter detailing your experiences and suitability for the role. The successful applicant will be subject to relevant background checks such as reference checks and a police check.
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