Actuarial Analyst 1

Sammons Financial Group•Sioux Falls, SD

6d•$40,223 - $83,799

About The Position

Provide technical and analytical support for internal and external customers. Assist with creating, maintaining, and using spreadsheets and/or database tools to effectively calculate, analyze and report results for a variety of actuarial-related processes. Assist with research and analysis of information in order to address calculation issues as needed. Support other special projects as assigned.

Requirements

Possess mathematical ability, strong analytical skills and attention to detail
Demonstrate strong verbal and written communication skills
Motivation to learn Sammons Financial Group Companies products and Actuarial related concepts
Ability to research and respond to requests for information
Ability to work both individually and as part of a team.
Demonstrate natural sense of curiosity, strong problem solving skills and ability to multi-task
Demonstrate flexibility and adaptability to changing priorities
Self-motivated, and ability to work independently and effectively under deadline pressures
Criminal background check required.

Nice To Haves

Bachelor's Degree in Mathematics, Computer Science, Business or equivalent Preferred
Practical work experience in data analytics; background in life insurance or annuities Preferred
Familiarity in Visual Basic and macros, Excel, Access, and Word desirable

Responsibilities

Develop basic understanding of the actuarial related concepts and requirements and relevant business processes needed. Ensure product features, reporting requirements, calculations and controls are properly incorporated into the tools that are built to support analytical and reporting processes as assigned.
Maintain or assist in development of spreadsheet and/or database tools used to manage, analyze and report data. Ensure work is accurate and efficient using existing procedures. Document tools and processes.
Gather and prepare data and review for reasonableness. Generate reports, conduct reasonableness checks, and provide summary output/reports to manager for review. Research issues with direction.
With oversight, create, maintain, and enhance calculation spreadsheets used to validate or supplement actuarial-related or system-generated values. Utilizing spreadsheets, accountable for detailed and complex manual calculations to provide actuarial, product and/or policy support to other departments.
Participate as a representative of the Department in relevant meetings.
With oversight, automate departmental processes to improve efficiency and accuracy as assigned.
Assist with special projects and/or initiatives as required.
Work with the manager to effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities. Complete projects on time and with high standards and accuracy.
Develop and maintain effective business relationships with both internal and external stakeholders.
Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.
Other duties as assigned.

Benefits

Comprehensive health coverage for you and your family, including Medical, Dental, Vision, HSA & FSA options, and term life insurance.
Competitive compensation with a performance-based incentive program tied to clear goals and individual and/or company success.
100% company-funded Employee Stock Ownership Plan (ESOP)
Automatic enrollment in our 401(k).
Friday afternoons off year-round
Generous paid time off
Paid holidays
Paid development time
Tuition reimbursement
Professional development opportunities across industry, individual, and leadership programs.
Volunteer time off
Company nonprofit matching gift program