Actuarial Analyst (Hybrid)

TruStage•Madison, WI

6d•$61,104 - $106,931•Hybrid

About The Position

This is an entry-level actuarial position that assists actuaries in analyzing product performance while developing knowledge of basic actuarial analysis techniques and logic. The role involves strong analytical and problem-solving skills, including mathematical analysis and modeling, and works closely with other actuaries. It provides training in the Actuarial function and serves as an entry point to the Actuarial program. The successful candidate is expected to pursue actuarial accreditation and maintain good standing in the actuarial student program.

Requirements

Bachelor’s degree in actuarial science, mathematics, or statistics.
Successful completion of two actuarial exams.
Completion of one internship prior to graduation.
Commitment and capability to pass one additional actuarial exam every 6–18 months.
Knowledge of Microsoft Office Suite and exposure to database tools and other programming languages, such as C++ or Visual Basic.
Effective listening skills and ability to document one’s own work.
Ability to work accurately and pay attention to detail.
Demonstrated ability to master actuarial course material.
Basic organization and time-management skills.
Ability to meet deadlines.
Ability to work independently or as part of a team.
Ability to develop insights into how projects work and the significance of tasks performed.
Ability and commitment to remain compliant with the Actuarial Study Program.

Responsibilities

Program and run computer jobs to collect and summarize data for actuarial functions, perform initial data analysis, and assess impacts on company financials.
Perform mathematical and quantitative actuarial tasks.
Compile and categorize data, and document and verify factors used in calculations for loss and expense reserves, rate filings, statistical schedules, financial statements, premiums, benefits, and rating and pricing levels.
Develop familiarity with product lines, company operations, systems, and actuarial methodology through completion of actuarial exams.
Actively pursue actuarial accreditation and maintain good standing in the actuarial student program.
Perform other duties as assigned.

Benefits

Medical insurance
Dental insurance
Vision insurance
Employee assistance program
Life insurance
Disability plans
Parental leave
Paid time off
401(k)
Tuition reimbursement
Potential eligibility for an annual incentive (bonus) plan
Flexible workplace supporting work-life balance, career growth, and retirement assistance