Actuarial Assistant

This is a fully remote position, open to applicants in Alabama.

📋 Description

• Assist in the quarterly valuation and financial reporting processes for Universal Life products.

• Prepare and evaluate Statutory, GAAP, and Tax reserves along with associated financial results.

• Analyze financial results on a period-over-period basis, identify key drivers, and document insights.

• Maintain, test, and enhance valuation models along with supporting processes.

• Evaluate the effects of updates to models, assumptions, and methodologies on financial outcomes.

• Provide support for actuarial testing, regulatory reporting, and governance initiatives.

• Create analytical tools, reporting solutions, and process automation projects.

• Offer valuation assistance for new products, product enhancements, and strategic initiatives.

• Generate reports, exhibits, and documentation to communicate findings and recommendations.

• Collaborate with teams in Finance, Financial Reporting, Pricing, Modeling, and other actuarial functions.

• Partner with valuation actuaries, financial reporting professionals, and interdisciplinary business teams.

⛳️ Requirements

• A Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative discipline.

• At least two actuarial exams completed.

• A strong commitment to ongoing progress in actuarial exams.

• Excellent quantitative, analytical, and problem-solving abilities.

• A keen interest in life insurance valuation, financial reporting, and actuarial modeling.

• High proficiency in Microsoft Excel.

• Experience with databases and SQL or similar query languages.

• Programming skills or aptitude in VBA, Python, PowerShell, or comparable tools.

• Familiarity with actuarial modeling systems.

• An understanding of life insurance valuation principles and financial reporting standards.

• Strong verbal and written communication capabilities.

• Ability to work collaboratively across teams while managing multiple tasks effectively.

🏝️ Benefits

• Comprehensive health, dental, and vision insurance.

• Mental health support services.

• Employee assistance program.

• Paid time off.

• Paid parental leave.

• Short-term disability coverage.

• Cultural observance days.

• Contributions to healthcare accounts.

• Pension plan.

• 401(k) plan with company matching.

• ProHealth Rewards platform offering cash incentives.

• Company-sponsored study time for actuarial exams and modules.

• Reimbursement for approved examination fees, study materials, and select preparation seminars.

• Competitive salary increases based on exam progress.

• Mentorship and career development from seasoned actuarial professionals.

• Opportunities for rotational development.

• Paid membership dues for essential actuarial professional organizations.