Operating within the core values and operating principles of the organization, the Actuarial Analyst will be responsible for assisting with the development and maintaining actuarial functions relating to product development, reserve valuation, financial reporting, forecast cash flow testing, and reinsurance.  

Pricing and Product Development:

• Updates pricing models using actuarial software.
• Validates pricing assumptions.
• Tests rates for reasonableness.
• Maintains reports/analysis for management review.

Valuation and Financial Reporting:

• Calculates and validates statutory, GAAP and Tax reserves and related items.
• Assists in preparation and analysis of financial statements.
• Understands financial forecast model, and updates model and produces results as needed.
• Supports experience studies, reviews results, and updates assumptions as needed.

Financial Modeling and ERM:

• Understands all phases of actuarial modeling using MG-ALFA, and can make system modifications as needed.
• Maintains management level reports related to investment and interest crediting management.
• Understands ERM model process and can handle all aspects of running the model.

• Bachelor’s degree in Actuarial Science, Computer Science, Mathematics, or related field.
• Completion of at least one Society of Actuaries exam.
• Strong analytical and problem-solving skills.
• Intermediate experience with Microsoft Access and Excel.
• Ability to:
• Identify improvements and enhance routine functions such as financial reporting.
• Program and test in Access and SQL Server database environments.
• Analyze results for reasonableness.
• Learn company operations, systems and actuarial methodologies quickly.